Regulatory Alerts2013-01-02 | 2012-30885Business Conduct and Documentation Requirements for Swap Dealers and Major Swap Participants; Extension of Compliance Date
The Commodity Futures Trading Commission extends compliance dates for certain business conduct, portfolio reconciliation, and documentation rules governing swap dealers and major swap participants. The Commission delays compliance with specific regulations until May 1, 2013, and extends others until July 1, 2013, to provide entities additional time to achieve regulatory adherence. This action responds to industry requests for relief and allows the Commission to consider public comments received by February 1, 2013 regarding potential further revisions to these dates.
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