CFTC Final Rule Amending Existing Regulations to Incorporate Swaps

The CFTC approved a final rule that amends numerous regulations, listed below, so that they now reference swaps and the collateral for swaps, as well as futures. Note that the rule changes will become effective 60 days after the final rule is published in the Federal Register.

Effective Date: [INSERT DATE 60 DAYS AFTER PUBLICATION IN THE FEDERAL REGISTER].

Cross-Reference(s): Dodd-Frank Title VII; CFTC Regulations Parts 1 (General Regulations), 4 (CPOs and CTAs), 5 (Off-Exchange FX Transactions), 7 (Contract Market Rules Altered or Supplemented by the Commission), 8 (Exchange Procedures for Disciplinary, Summary, and Membership Denial Actions), 15 (Reports--General Provisions), 16 (Reports by Reporting Markets), 18 (Reports by Traders), 21 (Special Calls), 22 (Cleared Swaps), 36 (Exempt Markets), 41 (Security Futures Products), 140 (Organization, Functions, and Procedures of the Commission), 145 (Commission Records and Information), 155 (Trading Standards), and 166 (Customer Protection Rules).

View rule release here (links externally to CFTC website).