"Dodd-Frank's central clearing of swap contracts adds new capital requirements: initial margin and variation margin.... The new capital requirements -- both initial and variation margins -- can seem imposing, and have many plan managers concerned about the impact on their strategy.... Our analysis shows that most funds in our sample group with margin requirements of more than $1 million have ample eligible collateral, in the form of high-grade government or corporate bonds, to meet their initial margin requirements."  MORE >>