The Commission has issued proposed guidance and a final exemptive order regarding the cross-border application of the swap provisions of the CEA as added by Title VII of the Dodd-Frank Wall Street Reform and Consumer Protection Act.
Related Federal Register Releases
Final Rule: 85 FR 56924 // PDF Version
9/14/2020
17 CFR Part 23
Cross-Border Application of the Registration Thresholds and Certain Requirements Applicable to Swap Dealers and Major Swap Participants
Effective Date: Friday, November 13, 2020
See also:
85 FR 952, 1/8/2020 // PDF Version
17 CFR Part 23
Cross-Border Application of the Registration Thresholds and Certain Requirements Applicable to Swap Dealers and Major Swap Participants; Proposed Rule
Proposed Rule: 85 FR 952 // PDF Version
1/8/2020
17 CFR Part 23
Cross-Border Application of the Registration Thresholds and Certain Requirements Applicable to Swap Dealers and Major Swap Participants; Proposed Rule
Comment File – Closing Date:3/9/2020
Proposed Rule: 81 FR 71946 // PDF Version
10/18/2016
17 CFR Parts 1 and 23
Cross-Border Application of the Registration Thresholds and External Business Conduct Standards Applicable to Swap Dealers and Major Swap Participants
Comment File - Closing Date: 12/19/2016
Comparability Determination: 81 FR 63376 // PDF Version
9/15/2016
17 CFR Chapter I
Comparability Determination for Japan: Margin Requirements for Uncleared Swaps for Swap Dealers and Major Swap Participants
Effective Date: Thursday, September 15, 2016
Final Rule: 81 FR 34818 // PDF Version
5/31/2016
17 CFR Parts 23
Margin Requirements for Uncleared Swaps for Swap Dealers and Major Swap Participants—Cross-Border Application of the Margin Requirements
Effective Date: Monday, August 01, 2016
Proposed Rule: 80 FR 41376 // PDF Version
7/14/2015
17 CFR Chapter I
Margin Requirements for Uncleared Swaps for Swap Dealers and Major Swap Participants--Cross-Border Application of the Margin Requirements
Effective Date: Monday, September 14, 2015
Interpretive Guidance and Policy Statement: 78 FR 45292 // PDF Version
7/26/2013
17 CFR Chapter I
Interpretive Guidance and Policy Statement Regarding Compliance With Certain Swap Regulations
Effective Date: Friday, July 26, 2013
Exemptive Order: 78 FR 43785 // PDF Version
7/22/2013
17 CFR Chapter I
Exemptive Order Regarding Compliance With Certain Swap Regulations
Effective Date: Saturday, July 13, 2013
Comment File - Closing Date: 8/21/2013
Final Order: 78 FR 858 // PDF Version
1/7/2013
17 CFR Chapter 1
Final Exemptive Order Regarding Compliance With Certain Swap Regulations
Effective Date: Friday, December 21, 2012
Further Proposed Guidance: 78 FR 909 // PDF Version
1/7/2013
17 CFR Chapter I
Further Proposed Guidance Regarding Compliance With Certain Swap Regulations
Comment File - Closing Date: 2/6/2013
Notice of Proposed Exemptive Order: 77 FR 41110 // PDF Version
7/12/2012
17 CFR Chapter I
Exemptive Order Regarding Compliance With Certain Swap Regulations
Comment File - Closing Date: 8/13/2012
Proposed Interpretive Guidance and Policy Statement: 77 FR 41213 // PDF Version
7/12/2012
17 CFR Chapter I
Cross-Border Application of Certain Swaps Provisions of the Commodity Exchange Act
Comment File - Closing Date: 8/27/2012
Additional Information
Fact Sheet: Comparability Determination for Japan Uncleared Swap Margin Rules for Substituted Compliance Purposes
Event: CFTC to Hold an Open Commission Meeting on September 8th to Consider System Safeguards Testing Requirements Final Rules and a Comparability Determination for Japan Uncleared Swap Margin Rules for Substituted Compliance Purposes
Fact Sheet: Exemptive Order Regarding Compliance with Certain Swap Regulations
Fact Sheet: Interpretive Guidance and Policy Statement Regarding Compliance with Certain Swap Regulations
Event: CFTC to Hold Open Meeting to Consider Cross-Border Final Guidance; and Cross-Border Phase-In Exemptive Order
CFTC Approves Exemptive Order on Cross-Border Application of the Swaps Provisions of Dodd-Frank
CFTC Approves Proposed Interpretive Guidance on Cross-Border Application of the Swaps Provisions of the Dodd-Frank Act
Event: CFTC and SEC Staffs Public Roundtable Discussion on International Issues relating to the Implementation of Title VII of the Dodd-Frank Act
Date
MEETING WITH
REGARDING RULEMAKING
BGC Partners
Tullett Prebon
ICAP
Tradition
GFI
WMBA
Cross-Border
UK Financial Conduct Authority
Cross-Border
European Commission
Cross-Border
Goldman Sachs
Cross-Border
UK Financial Conduct Authority
Cross-Border
Institute of International Bankers (IIB)
Cleary, Gottlieb, Steen & Hamilton (CGSH)
Cross-Border
Better Markets
XXVI. Position Limits
XXVIII. Volcker Rule
Cross-Border
State Street
State Street Global Markets
Cross-Border
Citigroup (Citi)
Cross-Border
Americans for Financial Reform (AFR)
Cross-Border
International Swaps and Derivatives Association (ISDA)
Mayer Brown
Cross-Border
Eurex
Deutsche Boerse
Cross-Border
Better Markets
Cross-Border
Better Markets
Cross-Border
Americans for Financial Reform
Cross-Border
NFA
XIII. SEF Registration
Cross-Border
General
Futures and Options Association
Cross-Border
City of London
Cross-Border
FMC Corporation
National Association of Manufacturers
Business Roundtable
Ford
GE
GM
Honda
IBM
John Deere
BP
Chatham Financial
Gibson Dunn
Cross-Border
Citadel LLC
Tiegland-Hunt LLP
Cross-Border
JPMorgan Chase
SIFMA
Nomura
Northern Trust
Davis Polk & Wardwell LLP
Credit Suisse
Morgan Stanley
HSBC
UBS Americas Inc.
Barclays
Cross-Border
SIFMA
Barclays
UBS Americas Inc.
HSBC
JPMorgan Chase
Nomura
Northern Trust
Davis Polk & Wardwell
Credit Suisse
Morgan Stanley
Cross-Border
AFR
AFL-CIO
Demos
Cross-Border
Tiegland-Hunt LLP
Cross-Border
Tiegland-Hunt LLP
Cross-Border
Delta Strategies
Citadel
Teigland-Hunt LLP
Cross-Border
Better Markets
Cross-Border
BBVA Compass
Cross-Border
General
CME
VII. DCO Core Principles
XII. DCM Core Principles
Cross-Border
General
Bank of America
Cross-Border
BOA
Merrill Lynch
III. Business Conduct Standards w/ Counterparties
Cross-Border
International Institute of Bankers (IIB)
Cleary, Gottlieb, Steen & Hamilton
Cross-Border
Cleary, Gottlieb, Steen & Hamilton
Cross-Border
Better Markets
Cross-Border
IIB
Barclays
BNP Paribas
CIBC World Markets Corp.
Credit Suisse
HSBC Securities (USA), Inc.
Nomura Securities International, Inc.
Svenska Handelsbanken
Cross-Border
Citibank, Cleary Gottlieb
Cross-Border
Better Markets
Cross-Border
Cleary Gottlieb
Cross-Border
Goldman Sachs
Cross-Border
Better Markets
Cross-Border
General
Barclays
Cross-Border
General
Securities Industry
Cross-Border
Fidelity
MFS Investment Management
SIFMA
SIFMS Assest Management Group
BlackRock
Vanguard
Ameriprise
AllianceBernstein
Goldman Sachs Assest Management
Cross-Border
Citigroup
Cleary
Cross-Border
Institute of International Bankers (IBB)
Cross-Border
State Street Bank
Delta Strategies
Cross-Border
Investment Industry Association of Canada
CIBC World Markets Inc.
Canaccord Financial Inc.
National Bank Financial
Raymond James Ltd.
FirstEnergy Capital Corp.
Assante Wealth Management Inc.
Macquarie Private Wealth Inc.
GMP Securities L.P.
BMO Capital Markets
TD Bank Group
Desjardins Group
RBC Dominion Securities
Scotiabank Global Banking and Markets
RBC Capital Markets
Cross-Border
Bluecrest Capital
Brevan Howard US
Winton Capital Management Ltd.
Alternative Investment Mangement Association (AIMA)
Crossroad Strategies
Cross-Border
BP
I. Registration
XXVI. Position Limits
Cross-Border
Better Markets
XIII. SEF Registration
XXVI. Position Limits
Cross-Border
Nomura
RBC
Deutsche Bank
Natisis Commodity Markets
Citigroup
BP
Newedge
Goldman Sachs
ICAP
ICE Futures Europe
CME Europe
Nasdaq OMX
LME
LCH Clearnet
UBS
Jefferies
BNP Paribas
Mizuho Securities USA
FOA
US Embassy
VI. Segregation and Bankruptcy
Cross-Border
Ford
Honeywell
National Association of Manufacturers
Financial Executives International
National Association of Real Estate Investment Trusts
Chatham Financial
General Electric
U.S. Chamber of Commerce
Gibson Dunn
Business Roundtable
United Technologies Corp.
XI. End-user Exception
Cross-Border
General
Nomura
V. Capital & Margin
Cross-Border
General
Alternative Invement Management Association (AIMA)
Managed Funds Association (MFA)
Delta Strategies
Cross-Border
Morrison & Foerster LLP
Cross-Border
Mizuho US
Sumitomo Mitsui Banking Corporation (SMBC)
Cross-Border
Alternative Investment Management Association (AIMA)
Crossroad Strategies
Cross-Border
Represenatives of various energy companies, financial firms, consultants, and other interested persons. The session was open to the press.
All
National Futures Association (NFA)
All