CFTC Proposes Clearing Determination for Certain Credit Default Swaps and Interest Rate Swaps (Press Release and Pre Fed. Reg. Version)

The CFTC proposed the types of swaps that would be required to be cleared. The types are listed in the attached press release. According to the CFTC, all of these swaps are currently clearing. Firms would have 30 days to comment once the list appears in the Federal Register. This release should be read in conjunction with the related release on the clearing implementation schedule. From the attached press release, one may also link to the pre-Fed. Reg. version of the proposal.

Link to CFTC press release.