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CFTC RIN: 3038-AE17 Publication ID: Fall 2016 
Title: Amendment of Commission Regulation 23.500(g)--Definition of "Material Terms" for Purposes of Subpart I of Part 23 of the Commission's Regulations 
Abstract:

The Commission finalized an amendment to the portfolio reconciliation requirement for swap dealers (SDs) and major swap participants (MSPs) so that SDs and MSPs need only exchange the "material terms” of swaps and "material terms” are limited to terms that impact swap valuation and counterparty obligations.

 
Agency: Commodity Futures Trading Commission(CFTC)  Priority: Substantive, Nonsignificant 
RIN Status: Previously published in the Unified Agenda Agenda Stage of Rulemaking: Completed Actions 
Major: No  Unfunded Mandates: No 
CFR Citation: 17 CFR 23.500   
Legal Authority: 7 U.S.C. 6s   
Legal Deadline:  None
Timetable:
Action Date FR Cite
NPRM  09/22/2015  80 FR 57129   
NPRM Comment Period End  11/23/2015 
Final Action  05/06/2016  81 FR 27309   
Final Action Effective  05/06/2016 
Regulatory Flexibility Analysis Required: No  Government Levels Affected: None 
Small Entities Affected: No  Federalism: No 
Included in the Regulatory Plan: No 
RIN Data Printed in the FR: No 
Agency Contact:
Frank Fisanich
Chief Counsel, Market Participants Division
Commodity Futures Trading Commission
Three Lafayette Centre, 1155 21st Street NW,
Washington, DC 20581
Phone:202 418-5949
Email: ffisanich@cftc.gov