Bloomberg says it may sue CFTC over margin rules

Bloomberg says it will take the Commodity Futures Trading Commission to court if the agency sticks to its plan to force investors in credit-default and interest-rate swaps to post margins to cover a default for five days. Futures require only one-day coverage. Bloomberg maintains that the rule "threatens significant adverse effects for Bloomberg, other [swap-execution facilities], participants in the swaps and futures markets, and investors and taxpayers generally."

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