CFTC Approves Phased Compliance Proposal for Certain Swap Regulations (CFTC Press Release and Chairman Gensler's Statement of Support)

The CFTC voted to propose a phased compliance program regarding certain swaps to non-U.S. swap dealers, non-U.S. major swap participants, U.S. swap dealers, U.S. major swap participants, and foreign branches of U.S. swap dealers and U.S. major swap participants.

View press release in full here(links externally to CFTC website).Additional Materials: CFTC Chairman Gary Gensler's Statement of Support.