Release Number 7335-16

February 25, 2016

CFTC Requests Public Comment on Request from LCH.Clearnet Ltd for Order Permitting Portfolio Margining of Futures and Foreign Futures Contracts and Cleared Swaps Contracts

Washington, DC — The U.S. Commodity Futures Trading Commission (CFTC) is requesting public comment on a petition submitted by LCH.Clearnet Ltd for an order pursuant to Section 4d(f) of the Commodity Exchange Act (Act).

The petition requests an order that would permit LCH.Clearnet Ltd and its clearing members that are registered futures commission merchants to: (1) commingle in an account subject to Section 4d(f) (a cleared swaps customer account) futures and foreign futures positions and cleared swaps positions, and related customer money, securities, and property; and (2) portfolio margin futures and foreign futures contracts and cleared swaps contracts in the cleared swaps customer account.

Comments regarding the request should be submitted on or before March 11, 2016.

Comments may be submitted electronically through the CFTC’s Comments Online process. The petition and all comments received are available on the CFTC’s website.

Last Updated: February 25, 2016