Regulatory Alerts2017-03-16 | 2017-05277Capital Requirements of Swap Dealers and Major Swap Participants
The Commodity Futures Trading Commission extends the comment period for its proposed rulemaking on capital and financial reporting requirements for swap dealers and major swap participants until May 15, 2017. This extension responds to requests from industry associations citing the complexity of calculating impacts and resource constraints during year-end accounting cycles. The underlying proposal implements Dodd-Frank Act mandates by establishing capital standards, liquidity requirements, and recordkeeping obligations for these entities.
Share