Unless necessary or appropriate to achieve the purposes of the Act, the swap execution facility shall not: (a) Adopt any rules or take any actions ...
A swap execution facility may refer to the guidance and/or acceptable practices in Appendix B of this part to demonstrate to the Commission compliance with ...
The swap execution facility shall: (a) Establish and enforce rules to minimize conflicts of interest in its decision-making process; and (b) Establish a process for ...
(a) In general. The swap execution facility shall have adequate financial, operational, and managerial resources to discharge each responsibility of the swap execution facility. (b) ...
(a) A swap execution facility shall maintain financial resources sufficient to enable it to perform its functions in compliance with the core principles set forth ...
Financial resources available to satisfy the requirements of §37.1301 may include: (a) The swap execution facility's own capital, meaning its assets minus its liabilities calculated ...
A swap execution facility shall, each fiscal quarter, make a reasonable calculation of its projected operating costs over a twelve-month period in order to determine ...
No less than each fiscal quarter, a swap execution facility shall compute the current market value of each financial resource used to meet its obligations ...
The financial resources allocated by the swap execution facility to meet the requirements of §37.1301 shall include unencumbered, liquid financial assets (i.e., cash and/or highly ...
(a) Each fiscal quarter, or at any time upon Commission request, a swap execution facility shall: (1) Report to the Commission: (i) The amount of ...