End-User Exception to the Clearing Requirement for Swaps
The Commodity Futures Trading Commission (Commission or CFTC) adopted final regulations to implement the exception to the clearing requirement available to swap counterparties meeting certain conditions under the Commodity Exchange Act (CEA), as amended by the Dodd-Frank Act.
Citation
77 FR 42559
Compliance Date
Parties who chose to elect the exception in this rule will need to comply with the requirements applicable upon such election only after compliance with a clearing requirement rule begins.
Effective Date
Rule Adoption Meeting
View Meeting (7/10/2012)
Rule Adoption Meeting Link