Report on the Regulation of Futures Margins

Report on the Regulation of Futures Margins PDF Author:
Publisher:
ISBN:
Category : Commodity exchanges
Languages : en
Pages : 36

Get Book Here

Book Description

Report on the Regulation of Futures Margins

Report on the Regulation of Futures Margins PDF Author:
Publisher:
ISBN:
Category : Commodity exchanges
Languages : en
Pages : 36

Get Book Here

Book Description


Report on the Regulation of Futures Margins

Report on the Regulation of Futures Margins PDF Author: United States. Congress. House. Committee on Banking, Finance, and Urban Affairs. Subcommittee on Domestic Monetary Policy
Publisher:
ISBN:
Category : Futures market
Languages : en
Pages : 30

Get Book Here

Book Description


Federal Regulation of Margin in the Commodity Futures Industry - History and Theory

Federal Regulation of Margin in the Commodity Futures Industry - History and Theory PDF Author: Jerry W. Markham
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

Get Book Here

Book Description
Whether the federal government should regulate margin requirements for commodity futures contracts has been the subject of intensive debate for over fifty years. Congress has periodically rejected legislation that would have granted such authority. The stock market crash of 1987, and a subsequent mini-crash in 1989, has resulted in renewed demands for federal controls. The Securities and Exchange Commission (“SEC”) and the Department of the Treasury contend that such controls are necessary to prevent the near disastrous set of events that occurred during those market crises. The Commodity Futures Trading Commission (“CFTC”) and the commodity futures industry oppose federal controls on margin, and assert that market forces, not margins, were responsible for the events that occurred during the 1987 and 1989 market breaks. This article addresses these events. Part I discusses the numerous, uniformly unsuccessful efforts by the federal government to impose margin controls on commodity futures in prior years. It also describes the nature of commodity futures margins and the problems encountered in the early history of federal regulation of futures trading. Part II describes federal margin controls over securities transactions and their background. It then examines the Federal Reserve Board's view that federal margin controls are no longer serving the regulatory purposes intended when Congress adopted the controls in 1934. Part III of the article discusses the recent efforts to obtain federal regulatory controls over commodity futures margins following the stock market crash of 1987. It also examines the increased demands by the SEC and the Department of Treasury for such controls as a result of the mini-crash of 1989. Finally, Part IV of the article examines the merits of the arguments over the need for federal margin controls. Opponents contend that rigid federal margin requirements could impair market liquidity. Proponents of margin controls contend that federal regulation is necessary to reduce market volatility and to prevent another stock market crash. The article concludes that the evidence supporting the latter view is weak. Nevertheless, there is some support for the view that residual authority could be given to the Federal Reserve Board to guard against systemic risks.

A Review and Evaluation of Federal Margin Regulations

A Review and Evaluation of Federal Margin Regulations PDF Author:
Publisher:
ISBN:
Category : Federal Reserve banks
Languages : en
Pages : 208

Get Book Here

Book Description


Margins & Market Integrity

Margins & Market Integrity PDF Author:
Publisher: Irwin Professional Publishing
ISBN:
Category : Business & Economics
Languages : en
Pages : 392

Get Book Here

Book Description


Margin Levels as a Regulatory Tool

Margin Levels as a Regulatory Tool PDF Author: G. M. Heal
Publisher:
ISBN:
Category : Investments
Languages : en
Pages : 48

Get Book Here

Book Description


The Case for Federal Regulatory Oversight of Futures Margins

The Case for Federal Regulatory Oversight of Futures Margins PDF Author: James Flaude Gammill
Publisher:
ISBN:
Category : Financial futures
Languages : en
Pages : 13

Get Book Here

Book Description


International Convergence of Capital Measurement and Capital Standards

International Convergence of Capital Measurement and Capital Standards PDF Author:
Publisher: Lulu.com
ISBN: 9291316695
Category : Bank capital
Languages : en
Pages : 294

Get Book Here

Book Description


Customer Margin Rules Relating to Security Futures

Customer Margin Rules Relating to Security Futures PDF Author: Securities and Exchange Commission
Publisher: Independently Published
ISBN: 9781077981171
Category :
Languages : en
Pages : 88

Get Book Here

Book Description
CUSTOMER MARGIN RULES RELATING TO SECURITY FUTURES dated July 3, 2019 The Commodity Futures Trading Commission ("CFTC") and the Securities and Exchange Commission ("SEC") (collectively, the "Commissions") are proposing amendments to regulations that establish minimum customer margin requirements for security futures. More specifically, the proposed amendments would lower the margin requirement for an unhedged security futures position from 20% to 15%, as well as propose certain revisions to the margin offset table consistent with the proposed reduction in margin. Why buy a book you can download for free? We print the paperback book so you don't have to. First you gotta find a good clean (legible) copy and make sure it's the latest version (not always easy). Some documents found on the web are missing some pages or the image quality is so poor, they are difficult to read. If you find a good copy, you could print it using a network printer you share with 100 other people (typically its either out of paper or toner). If it's just a 10-page document, no problem, but if it's 250-pages, you will need to punch 3 holes in all those pages and put it in a 3-ring binder. Takes at least an hour. It's much more cost-effective to just order the bound paperback from Amazon.com This book includes original commentary which is copyright material. Note that government documents are in the public domain. We print these paperbacks as a service so you don't have to. The books are compact, tightly-bound paperback, full-size (8 1/2 by 11 inches), with large text and glossy covers. 4th Watch Publishing Co. is a HUBZONE SDVOSB. https: //usgovpub.com

Futures Markets in Transition

Futures Markets in Transition PDF Author: Franklin R. Edwards
Publisher:
ISBN:
Category : Commodity exchanges
Languages : en
Pages : 44

Get Book Here

Book Description