Ag groups welcome CFTC report on residual interest rule

CFTC said it does not support changing deadline on when FCMs would need to have pre-margin funds to cover hedged amounts.

A coalition of associations representing agricultural producers, hedgers and the clearing members that serve their risk management needs welcomed a Commodity Futures Trading Commission (CFTC) staff report on the residual interest deadline that calls for the deadline to stay as it currently stands.

The Commodity Markets Council and Futures Industry Assn. joined the National

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