Swap Dealers and Major Swap Participants; Clerical or Ministerial Employees
The Commodity Futures Trading Commission is adopting an amendment to its regulations to clarify certain responsibilities of a swap dealer or major swap participant regarding its employees who solicit, accept or effect swaps in a clerical or ministerial capacity.
Citation
78 FR 64173
Compliance Date
11/27/2013 Swap dealers and major swap participants are not prohibited from associating with persons hired in a clerical or ministerial capacity who may be subject to a statutory disqualification.
Effective Date
Rule Adoption Meeting
Seriatim Vote