Real-Time Reporting

The Commission finalized rules to implement the Dodd-Frank Wall Street Reform and Consumer Protection Act related to Real-Time Reporting.

The Commission issued proposed rules to address Block Sizes for Large Notational Off-Facility Swaps and Block Trades and Measures to Protect the Identities of Counterparties.

The Commission issued proposed rules Prohibiting the Aggregation of Orders to Satisfy Minimum Block Size or Cap Size Requirements, and Establishing Requirements for Parties to Block Trades.

Additional information is provided below, including factsheets for the proposed rules, and details of meetings held between CFTC staff and outside parties.

Related Federal Register Releases

Final Rule: 85 FR 75422 // PDF Version
11/25/2020
17 CFR Part 43
Real-Time Public Reporting Requirements
Effective Date: Monday, January 25, 2021

See also:
85 FR 21516, 4/17/2020 // PDF Version
17 CFR Part 43 
Amendments to the Real-Time Public Reporting Requirements

Proposed Rule: 77 FR 15460 // PDF Version
3/15/2012
17 CFR Part 43
Procedures to Establish Appropriate Minimum Block Sizes for Large Notional Off-Facility Swaps and Block Trades

Comment File - Closing Date: 5/14/2012

Final Rule: 77 FR 1182 // PDF Version
1/9/2012
17 CFR Part 43
Real-Time Public Reporting of Swap Transaction Data
Effective Date: March 9, 2012


See also:
77 FR 2909 
// PDF Version
1/20/2011
Correction: 17 CFR Part 43
Real-Time Public Reporting of Swap Transaction Data; Correction

Proposed Rule: 75 FR 76139 // PDF Version
12/7/2010
17 CFR Part 43
Real-Time Public Reporting of Swap Transaction Data

Comment File – Closing Date: 2/7/2011

Proposed Rule (Correction): 75 FR 76930 // PDF Version
12/10/2010
17 CFR Part 43
Real-Time Public Reporting of Swap Transaction Data Correction

Additional Information

For Reference Only - CFTC Part 43 2020 Block Thresholds and Cap Sizes

Parts 43 and 45 Technical Specifications – Final

Draft Proposed Part 43 Block Sizes

Draft Proposed Part 43 Cap Sizes

Draft Technical Specifications for Public Comment

No-Action Letter 13-10
April 8, 2013
Parts 43, 45 and 46 of the CFTC’s regulations

Division of Market Oversight Advisory
March 8, 2013

No-Action Letter 12-41
December 5, 2012
Part 43, Part 45 and Part 46 of the CFTC's regulations
 
No-Action Letter 12-32
November 19, 2012
Part 43, Part 45 and Part 46 of the CFTC's regulations

Fact Sheet: Final Rulemaking on Procedures to Establish Appropriate Minimum Block Sizes for Large Notional Off-Facility Swaps and Block Trades; Further Measures to Protect the Identities of Parties to Swap Transactions

Questions & Answers: Procedures to Establish Appropriate Minimum Block Sizes for Large Notional Off-Facility Swaps and Block Trades; Further Measures to Protect the Identities of Parties to Swap Transactions

Event: CFTC to Hold Open Meeting to Consider Trade Execution Rules; Anti-Disruptive Trading Practices Guidance

Fact Sheet: Proposed Rule on Procedures to Establish Appropriate Minimum Block Sizes for Large Notional Off-Facility Swaps and Block Trades; Further Measures to Protect the Identities of Parties to Swap Transactions (Reproposal)

Q&A: Procedures to Establish Appropriate Minimum Block Sizes for Large Notional Off-Facility Swaps and Block Trades; Further Measures to Protect the Identities of Parties to Swap Transactions (Reproposal)

Event: CFTC Open Meeting on One Final Rule and One Proposed Rule

Fact Sheet: Final Rules Regarding Real-Time Public Reporting of Swap Transaction and Pricing Data
Q&A: Final Rulemaking: Part 43 (Real-Time Public Reporting)

See also:
Phase In – Real-Time Public Reporting Compliance Dates and Time Delays for Public Dissemination
Apendix C – Time Delays for Public Dissemination
Real-Time Public Reporting (Part 43) Breakdown of Notional Caps

Event: CFTC to Hold Open Meeting to Consider Two Final Rules

Fact Sheet: Proposed Rule on Real Time Public Reporting of Swap Transaction and Pricing Data

Q&A: Real-Time Public Reporting Proposed Rulemaking

Event: Open Meeting on Fifth Series of Proposed Rules under the Dodd-Frank Act

Date
SUBMISSION
04/19/2012
Kinetix Trading Solutions Presentation_1548 PDF Image
From External Meeting on 4/19/2012
04/21/2011
04/08/2011
April 11 Mtg. Summary with Rabobank_752 PDF Image
From External Meeting on 4/8/2011
03/01/2011
03/01/2011
Where is the Value in High Frequency Trading? PDF Image
Álvaro Cartea and José Penalva
02/14/2011
Proposed Real-Time Reporting Rules; CFTC RIN 3038?AD08; SEC File No. S7?34?10 PDF Image
Colin D. Lloyd, Cleary Gottlieb Steen & Hamilton LLP
01/18/2011
SBSR Letter PDF Image
Cameron, Tim
12/28/2010
11/24/2010
11/20/2010
11/19/2010
11/17/2010
11/17/2010
OTC Derivative Data November 2010 NASDAQ OMX_334 PDF Image
NASDAQ OMX, From External Meeting on 11/17/2010
10/28/2010
Letter re Swap and Security-Based Swap Execution Facilities PDF Image
Cleary Gottlieb Steen and Hamilton LLP
10/25/2010
Re: Swap Execution Facilities under Dodd-Frank PDF Image
Cleary Gottlieb Steen & Hamilton LLP
10/20/2010
Middleware_10-28_Slides FINAL_262 PDF Image
CIEBA and American Benefits Council, From External Meeting on 10/20/2010
10/19/2010
(10-19-10) Presentation Materials - BlackRock_182 PDF Image
BlackRock, From External Meeting on 10/19/2010
09/28/2010
SDR Real-time reporting 09-28-10 FINAL_101 PDF Image
MarkitSERV, From External Meeting on 9/28/2010
09/20/2010
09/20/2010
Goldman Sachs 9-20-10 RTPR_24 PDF Image
The Goldman Sachs Group, Inc., From External Meeting on 9/20/2010
09/15/2010
09/15/2010
CFTC Agenda - September 15 20101 (2)_26 PDF Image
NFP Energy End User Coalition, From External Meeting on 9/15/2010
09/01/2010
dmb argus_72 PDF Image
Argus Oil Market Regulation Summit 2010
08/03/2010
Title VII Rulemakings PDF Image
SEC/CFTC and ISDA/SIFMA