Regulatory Alerts2012-08-13 | 2012-19664Real-Time Public Reporting of Swap Transaction Data; Correction
The Commodity Futures Trading Commission issued a final rule correction to its Real-Time Public Reporting of Swap Transaction Data regulation to resolve an inconsistency between the rule text and its preamble. The amendment revises footnote 44 to clarify that only certain, rather than all, covered transactions between affiliates under Sections 23A and 23B of the Federal Reserve Act are considered publicly reportable swap transactions. This change aligns the footnote with Section 43.2, ensuring that internal swaps not conducted at arm's length are excluded from public reporting requirements.
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