XXIX. Alternatives to Credit Ratings

Reliance on Credit Ratings

The Commission issued final rules to remove references to and reliance on Credit Ratings as required by the Dodd-Frank Wall Street Reform and Consumer Protection Act, and is seeking input on these rules from the public.

Additional information regarding Reliance on Credit Ratings is provided below, including factsheets, and details of meetings held between CFTC staff and outside parties.

Related Federal Register Releases

Final Rule: 76 FR 78776 // PDF Version
12/19/2011
17 CFR Parts 1 and 30 Investment of Customer Funds and Funds Held in an Account for Foreign Futures and Foreign Options Transactions
Effective Date: February 17, 2012

Final Rule: 76 FR 44262 // PDF Version
7/25/2011
17 CFR Parts 1 and 4 Removing Any Reference to or Reliance on Credit Ratings in Commission Regulations; Proposing Alternatives to the Use of Credit Ratings
Effective Date: September 23, 2011

Proposed Rule: 75 FR 67642 // PDF Version
11/3/2010
17 CFR Parts 1 and 30 Investment of Customer Funds and Funds Held in an Account for Foreign Futures and Foreign Options Transactions
Comment File - Extended Date: 6/3/2011

Proposed Rule: 75 FR 67254 // PDF Version
11/2/2010
17 CFR Parts 1 and 4 Removing Any Reference to or Reliance on Credit Ratings in Commission Regulations; Proposing Alternatives to the Use of Credit Ratings
Comment File - Closing Date: 12/2/2010

Additional Information

Q&A: Regulation 1.25

Event: CFTC to Hold Open Meeting to Consider Two Final Rules and One Proposal

Fact Sheet: Final Rule Regarding Removal of References to Credit Ratings from Commission Regulations
Q&A: Final Rule Regarding Removal of References to Credit Ratings from Commission Regulations

Event: Open Meeting on Three Final Rule Proposals and Two Proposed Rules under the Dodd-Frank Act

Fact Sheet: Proposed Rule on Regulations 1.25 and 30.7 Regarding Investment of Customer Funds and Credit Ratings
Q&A: Regulation 1.25
Comparison Chart – Regulation 1.25, Current vs Proposed Changes

Fact Sheet: Proposed Rule Regarding Removing References to Credit from Commission Regulations
Q&A: Credit Ratings

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