Default Management Plan definition
Default Management Plan means the plan set forth by Cboe Clear US pursuant to CFTC Regulation 39.16(b) in connection with the Clearinghouse’s management of a Clearing Member Default. The Clearinghouse publishes its Default Management Plan on its website.
Examples of Default Management Plan in a sentence
Default Management Plan and federal regulations, the lender agrees to loan you a specific amount of money and you commit to repaying it.