DCOs

The Commission issued final rules to implement rules for derivatives clearing organizations under the Dodd-Frank Wall Street Reform and Consumer Protection Act.

Additional information regarding DCO Core Principles and related clearing rules is provided below, including factsheets for each proposed rule, and details of meetings held between CFTC staff and outside parties.

Related Federal Register Releases

Final Rule: 85 FR 4800 // PDF Version
01/27/2020
17 CFR Parts 1, 39, and 140
Derivatives Clearing Organization General Provisions and Core Principles
Effective Date:
Sunday, January 26, 2020

Proposed Rule: 84 FR 35456 // PDF Version
Upcoming
17 CFR Parts 3, 39 and 140
Exemption from Derivatives Clearing Organization Registration
84 FR 35456 // PDF Version

Comment File - Closing Date: 9/23/2019

See also:


83 FR 39923, 8/13/2018 // PDF Version
17 CFR Parts 39 and 140
Exemption From Derivatives Clearing Organization Registration

84 FR 49071, 9/18/2019 // PDF Version
17 CFR Parts 3, 39, and 140 Exemption from Derivatives Clearing Organization Registration

Proposed Rule: 84 FR 34819 // PDF Version
7/19/2019
17 CFR Parts 39 and 140
Registration with Alternative Compliance for Non-U.S. Derivatives Clearing Organizations

Comment File – Closing Date: 9/17/2019

Proposed Rule: 84 FR 22226 // PDF Version
5/16/2019
17 CFR Parts 1, 39, and 140
Derivatives Clearing Organization General Provisions and Core Principles

Comment File – Extended Date: 9/13/2019

See also:

84 FR 32104
// PDF Version
17 CFR Parts 1, 39, and 140
Derivatives Clearing Organization General Provisions and Core Principles


Final Rule:  78 FR 72476 // PDF Version
17 CFR Parts 39, 140, and 190
Derivatives Clearing Organizations and International Standards
Effective Date: Tuesday, December 31, 2013


Final Rule: 77 FR 21278 // PDF Version
4/9/2012
17 CFR Parts 1,23,37,38, and 39
Customer Clearing Documentation, Timing of Acceptance for Clearing, and Clearing Member Risk Management
Effective Date: Monday, October 1, 2012

Final Rule: 76 FR 69334 // PDF Version
11/8/2011
17 CFR Parts 1, 21, 39, and 140 Derivatives Clearing Organization General Provisions and Core Principles
Effective Date: Monday, January 9, 2012

Proposed Rule: 76 FR 47529 // PDF Version
8/5/2011
17 CFR Parts 1, 23, and 39 Customer Clearing Documentation and Timing of Acceptance for Clearing; Correction

Comment File – Closing Date: 9/30/2011

Proposed Rule: 76 FR 45730 // PDF Version
8/1/2011
17 CFR Parts 1, 23, and 39 Customer Clearing Documentation and Timing of Acceptance for Clearing

Comment File – Closing Date: 9/30/2011

Proposed Rule: 76 FR 45724 // PDF Version
8/1/2011
17 CFR Parts 1 and 23 Clearing Member Risk Management

Comment File – Closing Date: 9/30/2011

Proposed Rule: 76 FR 3698 // PDF Version
1/20/2011
17 CFR Part 39 Risk Management Requirements for Derivatives Clearing Organizations

Comment File – Extended Date: 6/3/2011

See also:

Comments Extension:
76 FR 16587 // PDF Version
3/24/2011
17 CFR Part 39 Risk Management Requirements for Derivatives Clearing Organizations


Correction: 76 FR 16588 // PDF Version
 3/24/2011
17 CFR Part 39 Risk Management Requirements for Derivatives Clearing Organizations; Correction

Proposed Rule: 76 FR 13101 // PDF Version
3/10/2011
17 CFR Parts 23, 37, 38, and 39 Requirements for Processing, Clearing, and Transfer of Customer Positions

Comment File – Extended Date: 6/3/2011

Proposed Rule: 75 FR 78185 // PDF Version
12/15/2010
17 CFR Parts 1, 21, and 39 Information Management Requirements for Derivatives Clearing Organizations

Comment File – Extended Date: 6/3/2011

Proposed Rule: 75 FR 77576 // PDF Version
12/13/2010
17 CFR Parts 1 and 39 General Regulations and Derivatives Clearing Organizations

Comment File – Extended Date: 6/3/2011

Proposed Rule: 75 FR 63113 // PDF Version
10/14/2010
17 CFR Parts 39 and 140 Financial Resources Requirements for Derivatives Clearing Organizations

Comment File – Extended Date: 6/3/2011

Additional Information

Fact Sheet – Notice of Supplemental Proposal on Exemption from Derivatives Clearing Organization Registration

Fact Sheet – Notice of Proposed Rulemaking on Registration with Alternative Compliance for Non-U.S. Derivatives Clearing Organizations

Event: CFTC to Hold an Open Commission Meeting on July 11

CFTC Order, Re: Motion for Stay of Final Rule by Bloomberg L.P.

Fact Sheet: Final Rule: Customer Clearing Documentation, Timing of Acceptance for Clearing, and Clearing Member Risk Management

Q&A: Final Rule: Customer Clearing Documentation, Timing of Acceptance for Clearing, and Clearing Member Risk Management

Event: CFTC to Hold Open Meeting to Consider One Final Rule

Fact Sheet: Final Rule on Derivatives Clearing Organization General Provisions and Core Principles

Q&A: Final Rule on Derivatives Clearing Organization General Provisions and Core Principles

Event: Open Meeting on Two Final Rules and One Proposed Amendment

Fact Sheet: Proposed Rule on Customer Clearing Documentation and Timing of Acceptance for Clearing

Q&A: Proposed Rule on Customer Clearing Documentation and Timing of Acceptance for Clearing

Fact Sheet: Proposed Rule on Clearing Member Risk Management

Q&A: Proposed Rule on Clearing Member Risk Management

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

Fact Sheet: Proposed Rule Regarding Requirements for Processing, Clearing, and Transfer of Customer Positions

Q&A: Proposed Rule Regarding Requirements for Processing, Clearing, and Transfer of Customer Positions

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

Fact Sheet: Proposed Rule for Risk Management Requirements for Derivatives Clearing Organizations

Q&A: Risk Management Requirements for Derivatives Clearing Organizations

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

Fact Sheet: Proposed Rule for Derivative Clearing Organization Definitions, Procedures and Core Principles

Q&A: Derivative Clearing Organization Definitions, Procedures and Core Principles

Fact Sheet: Proposed Rules on Reporting, Recordkeeping, Public Information and Information Sharing Requirements for DCOs

Q&A: Reporting, Recordkeeping, Public Information and Information Sharing Requirements for DCOs

Chart: Proposed Reporting, Recordkeeping, Public Information, and Information Sharing Requirements for DCOs

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

Fact Sheet for Proposed Rule on Financial Resources Requirements for DCOs and SIDCOs

Q&A: Proposed Rulemaking Questions and Answers: DCOs and SIDCOs

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