View Rule

View EO 12866 Meetings Printer-Friendly Version     Download RIN Data in XML

CFTC RIN: 3038-AE25 Publication ID: Spring 2020 
Title: Swap Execution Facilities and Trade Execution Requirement 
Abstract:

The Commission has proposed rule changes to part 37.  The proposed part 37 rules would establish flexibility in execution methods and provide a revised interpretation of the trade execution requirement under section 2(h)(8) of the Commodity Exchange Act ("CEA”). The proposed rules would also clarify the swap execution facility ("SEF”) registration requirement under 5h(a)(1) of the CEA and the impartial access requirement under SEF Core Principle 2. The proposed rules would also amend certain provisions relating to requirements for SEFs. Further, the proposed rules would adopt other conforming changes to other Commission regulations outside of part 37.

 
Agency: Commodity Futures Trading Commission(CFTC)  Priority: Substantive, Nonsignificant 
RIN Status: Previously published in the Unified Agenda Agenda Stage of Rulemaking: Long-Term Actions 
Major: Undetermined  Unfunded Mandates: No 
EO 14192 Designation: Independent agency 
CFR Citation: 17 CFR 9    17 CFR 36 to 39    17 CFR 43   
Legal Authority: 7 U.S.C. 2(a)(13)    7 U.S.C. 2(h)(8)    7 U.S.C. 7a-1(c)(2)(C)    7 U.S.C. 7(b)(3)   
Legal Deadline:  None
Timetable:
Action Date FR Cite
NPRM  11/30/2018  83 FR 61946   
NPRM Comment Period End  02/13/2019 
NPRM Comment Period Extended  02/12/2019  84 FR 3350   
NPRM Comment Period Extended End  03/15/2019 
Next Action Undetermined  To Be Determined 
Regulatory Flexibility Analysis Required: No  Government Levels Affected: None 
Federalism: No 
Included in the Regulatory Plan: No 
RIN Data Printed in the FR: No 
Agency Contact:
Roger Smith
Associate Chief Counsel, Division of Market Oversight
Commodity Futures Trading Commission
77 West Jackson Boulevard, Suite 800,
Chicago, IL 60604
Phone:202 418-5344
Email: rsmith@cftc.gov