Swaps

You have until Oct. 24 to comment on the CFTC's proposal to amend business conduct and documentation requirements for SDs and MSPs

These amendments would provide exceptions to compliance with certain swap requirements and, if adopted, would supersede certain previous CFTC no-action positions

To apply substituted compliance for the Commission’s capital requirements, however, MUFG Securities EMEA was obligated under the SEC UK Entities Order to have made and ...

The prior SEC statement on complying with the Commission's security-based swap data repository rules, due to expire next month, has been extended until Nov. 5, ...

The staff's interpretation clarifies that swap dealers and major swap participants may post and collect with counterparties certain U.S. Treasury ETFs as initial margin and ...

This new CFTC final rule, which imposes minimum capital requirements on swap dealers and major swap participants, becomes effective in June, and the compliance date ...

This rule is effective May 31, 2024

The CFTC proposes to require that FCMs, swap dealers, and major swap participants establish, document, implement, and maintain an Operational Resilience Framework reasonably designed to ...

This proposed CFTC rule, which would accept comments until Feb. 13, 2024, would, among other things, seek to make it easier for swap dealers to ...

The alert recounts the fundamental compliance rules under the SEC’s security-based swaps regime, and points out where some swap dealers are coming up short