MRAC Archives - The Industry Spread

Are CCPs Too Big To Fail

December 7, 2018

Failure of a major clearinghouse would be an unprecedent event; such an event would mean there would a cataclysmic breakdown of the interlocking risk management schemes despite their highly regulated system.” Collin Peterson, a Democrat from the State of Minnesota, said at the June 2017, hearing.
But such an event may have since already occurred.

CFTC Market Risk Advisory Committee Meets

December 6, 2018

The Markets Risk Advisor Committee (MRAC) of the Commodities Futures Trading Commission (CFTC) met and announced the formation and chair of a new sub-committee.