Tabs

Bank/Thrift Supervision   |    Capital    |    CFPB    |    Deposit Insurance    |    Interchange    |    Mortgage Finance
Municipal Advisors   |    OCC-OTS Merger   |    Preemption    |    QM - QRM    |    Swaps   |    Volcker Rule    |    Full Topics List
 
Qualified Mortgage - Qualified Residential Mortgage
Swaps
Consumer Financial Protection Bureau - CFPB
Bank/Thrift Holding Company Supervision
Capital
Deposit Insurance
Interchange
Mortgage Finance
Municipal Advisors
OCC-OTS Merger
Preemption
Volcker Rule
Corporate Governance
Financial Stability Oversight Council (FSOC)
Appraisals
Office of Financial Research (OFR)
Systemic Risk
Supervision and Oversight
Payment, Clearing and Settlement
Prudential Supervision
Trust & Securities
Asset-Backed Securities
Resolution Authority

Wednesday, May 16, 2012

CFTC Swap Regulation Temporary Exemptive Relief Amendments

The CFTC has issued a second amendment to their July 14, 2011 Order for Swap Regulation. The amendment would further modify the temporary exemptive relief by:
  • Removing references to the entities terms, including ``swap dealer,'' ``major swap participant,'' and ``eligible contract participant'' due to the joint CFTC-SEC final rulemaking further defining these terms;
  • Extending the potential latest expiration date to December 31, 2012, or, depending on the nature of the relief, such other compliance date; 
  • Allowing the clearing of agricultural swaps; and 
  • Removing any reference to the exempt commercial market (``ECM'') and exempt board of trade (``EBOT'') grandfather relief previously issued by the CFTC.
Comments on the proposed amendments are due May 30, 2012.

Read more.

No comments:

Post a Comment

Please read our comment policy before making a comment.