Market regulation · 23/11/2021

CFTC Requests Public Comment on Swap Clearing Requirement Amid LIBOR Transition

The Commodity Futures Trading Commission (CFTC) is seeking public input on how to adjust its swap clearing requirement to address the shift from LIBOR and other interbank offered rates to alternative reference rates, such as overnight reference rates. The CFTC is looking for comments on how to adapt its rules to accommodate this transition.