Luke Zubrod testified at the House Subcommittee hearing on the G20 clearing requirements
The G20 clearing requirements need volume-based exemptions
that better-cater to smaller firms, a risk and regulation
advisor has warned, following his testimony on the subject at a
House Subcommittee hearing in Washington DC.
"Though we support the objectives of the G20 of increased
transparency and reducing risk, we think that there should be
an exemption based on low volume, a little guy’s
exemption, so to speak," Luke Zubrod, director of risk and
regulatory advisory services for Chatham Financials, told FOW
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