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A new trading rule to prevent another 2008 crisis is almost here – and it could blindside 800 firms

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fnlondon.com

A sixth and final phase of regulation known as uncleared margin rules will kick in come September, and funds and trading firms are pushing to be ready.

The worry is, they aren’t.In two months, close to 800 companies globally will be in scope of the rule, more than double those in phase five, the International Swaps and Derivatives Association estimates.Amy...

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