Federal Register: Registration of Swap Dealers and Major Swap Participants

From MarketsReformWiki
Jump to: navigation, search
Gavel.png FINAL RULE: This page refers to the proposed rulemaking on registration requirements for swap dealers and major swap participants. For a summary of the final rule, click here.
Dodd-Frank Timeline, Registration of Swap Dealers and Major Swap Participants
Final Rule Issue Effective Date Compliance Date - Swap Dealers Compliance Date - Major Swap Participants
January 19, 2012 March 19, 2012 January 1, 2013 October 12, 2012

On November 10, 2010, the Commodity Futures Trading Commission (CFTC) held its fourth in the series of open meetings to consider the issuance of proposed rulemakings under the Dodd-Frank Act. One of the agenda items was a proposed rule regarding the registration of swap dealers and major swap participants .[1]

Specifically, the proposal would require:

  • The establishment of a process for the registration of swap dealers and major swap participants;
  • Swap dealers and major swap participants to become and remain members of a registered futures association;
  • Subject affiliates of swap dealers and major swap participants to these requirements; and
  • The prohibition of a swap dealer or major swap participant from association with a person who is subject to a statutory disqualification.

Related Documents: Fact Sheet, Q&A, and Rule Proposal as it Appeared in the Federal Register

References

  1. Open Meeting on Fourth Series of Proposed Rules under the Dodd-Frank Act. CFTC. Retrieved on March 7, 2011.

MarketsReformWiki Sponsors

RSM US LLP ADM Investor Services Cinnober Fidessa