CFTC Q&A Proposed Rule to Exempt Certain Swaps Executed by Cooperatives from the Swap Clearing Requirement

The proposed rule would allow cooperatives that would not otherwise qualify for the swap clearing requirement exception provided in the Dodd-Frank Act (commonly referred to as the "end-user exception"), but whose members individually would qualify for the exception, to elect not to clear certain swaps entered into for the benefit of their members.

View the Q&A on the proposed rule here(links externally to CFTC website).