CFTC Q&A End-User Exception to the Clearing Requirement for Swaps

The final rulemaking implements the exception to the clearing requirement for non-financial entities and small financial institutions established by Congress in the Dodd-Frank Act. The final rule establishes criteria for determining whether a swap hedges or mitigates commercial risk for purposes of electing the exception, and also specifies the information that counterparties must report to satisfy the notification requirement.

View Q&A on the end-user exception here(links externally to CFTC website).