Bill softens blow of CFTC margin requirements

Bill softens blow of CFTC margin requirements

Bill would give futures customers more time to make margin call payments.

A BIPARTISAN bill was introduced July 16 that would alleviate concerns raised by a broad range of futures market participants — including farmers, ranchers, grain merchants and futures brokers — regarding the so-called "residual interest" provision in a rule the Commodity Futures Trading Commission (CFTC) finalized last fall.

If the rule is fully implemented, industry participants fear that many farmers, ranchers and small hedgers could be driven a

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