The CFTC has approved a final rule that amends certain current regulations in order to implement aspects of the Dodd-Frank Act. The Dodd-Frank Act gave the CFTC the new authority to regulate the swaps market. The approved final rule amends certain existing CFTC regulations to integrate them with the statutory and regulatory framework established under the Dodd-Frank Act.
The Commission voted 5 to 0 to approve the final rule, which will become effective 60 days after publication in the Federal Register.
Read the final rule.