Clearing Exemption under Part 50 for Swaps between Certain Affiliated Entities (CFTC Final Rule; Fed. Reg. Version)

The CFTC is adopting regulations to exempt swaps between certain affiliated entities within a corporate group from the clearing requirement under the Commodity Exchange Act, enacted by Dodd-Frank Title VII. The regulations include numerous conditions, as well as reporting requirements, which affiliated entities must satisfy in order to elect the inter-affiliate exemption from required clearing.

Effective Date: June 10, 2013.

See: 78 FR 21750. Here is the news item we published when the rule was adopted: CFTC Exemption for Clearing Inter-Affiliate Swaps (with Lofchie Comment).Related News Item: "Commissioners Sommers and O'Malia Joint Statement of Dissent on Clearing Exemption for Swaps between Certain Affiliated Entities" (August 29, 2012).See also: Our original news item on the proposed rule.