Market regulation · 23/12/2010

CFTC Proposes New Requirements for Swap Counterparties Under Dodd-Frank Act

The Commodity Futures Trading Commission (CFTC) is seeking public comment on proposed rules governing the elective exception to mandatory clearing of swaps for eligible counterparties, as outlined in Section 2(h)(7) of the Commodity Exchange Act, which was amended by the Dodd-Frank Wall Street Reform and Consumer Protection Act.