Federal Register: CFTC Issues Final Response to U.S. District Court Remand Order in Swaps Rulemaking Case
The CFTC issued a final response to the SIFMA, et al. v. CFTC Order by the U.S. District Court for the District of Columbia. The Order remanded eight swaps-related rulemakings back to the CFTC to resolve inadequacies in the agency's consideration of costs and benefits of the rulemakings. The final response was published in the Federal Register.
In reaction to public comment, the CFTC concluded that "the record does not establish a need to make changes in the substantive requirements of the remanded rules as originally promulgated at the present time and in the context of the SIFMA remand order."