CFTC Sets Comment Deadline on Proposed Amendments to Intermediary Rule Filing Requirements

The CFTC set a comment deadline of November 6, 2023 on proposed amendments to rule filing requirements for various types of registered entities, including designated contract markets ("DCMs"), derivatives clearing organizations ("DCOs"), swap execution facilities ("SEFs") and swap data repositories ("SDRs"). The proposal was published in the Federal Register.

As previously covered, the proposal would simplify and streamline the process by which these registered entities submit rule filings - including self-certifications and requests for approvals - as well as the manner in which the CFTC reviews and processes these filings. The proposal would amend Part 40 of the CFTC regulations ("Provisions common to Registered Entities"), while also making related technical changes to Parts 37 ("Swap Execution Facilities") and 38 ("Designated Contract Markets").