Swap Transaction Compliance and Implementation Schedule: Trading Documentation and Margining Requirements under Section 4s of the CEA (Proposed Rule)

76 FR XXXX

The CFTC is issuing a further notice of proposed rulemaking that would establish a schedule to phase in compliance with previously proposed requirements, including the swap trading relationship documentation requirement and the margin requirements for uncleared swaps.  This release is a continuation of those rulemakings. The proposed schedules would provide relief in the form of additional time for compliance with these requirements.  Under the proposed schedules, a Swap Dealer or Major Swap Participant would be required comply with documentation requirements within 90, 180, or 270 days (depending on the type of its counterparty).

Cross References: Dodd-Frank Act Section 712; CEA Sections 4s 8(a)(5); 17 CFR Part 23; 76 FR 6715; 76 FR 23732