CRITERIA FOR ISSUANCE OF RULES Sample Clauses

CRITERIA FOR ISSUANCE OF RULES. The Commission and the Commodity Futures Trading Commission shall jointly issue such regulations to establish margin requirements, including the establishment of levels of margin (initial and maintenance) and use of collateral for security futures products under such terms, and at such levels, as the Commission and the Commodity Futures Trading Commission jointly deem appropriate— (i) to preserve the financial integrity of markets trading security futures products; (ii) to prevent systemic risk; (iii) to make consistent the margin levels (initial and maintenance) and other margin requirements between security futures products and comparable options contracts traded on a national securities exchange; and (iv) to ensure that the margin requirements (other than levels of margin), including the type, form, and use of collateral for security futures products, are and remain consistent with the requirements established by the Federal Reserve Board, pursuant to subparagraphs (A) and (B) of paragraph (1).".