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CFTC RIN: 3038-AF16 Publication ID: Fall 2023 
Title: Recovery and Wind-down Plans for Derivative Clearing Organizations; Information Necessary for Resolution Planning 
Abstract:

The Commodity Futures Trading Commission is proposing amendments to the recovery and wind-down plan requirements applicable to derivatives clearing organizations (DCO) that would codify the staff guidance set forth in CFTC Staff Letter No. 16-61, require all derivatives clearing organizations to maintain wind-down plans, and clarify the information required for resolution planning.  The proposal would also amend reporting requirements and make technical corrections to part 190, Form DCO and the subpart C Election form.

 
Agency: Commodity Futures Trading Commission(CFTC)  Priority: Substantive, Nonsignificant 
RIN Status: Previously published in the Unified Agenda Agenda Stage of Rulemaking: Final Rule Stage 
Major: Undetermined  Unfunded Mandates: No 
CFR Citation: 17 CFR 39   
Legal Authority: 7 U.S.C. 7a-1   
Legal Deadline:  None
Timetable:
Action Date FR Cite
NPRM  07/28/2023  88 FR 48968   
NPRM Comment Period End  09/26/2023 
Final Rule  01/00/2024 
Final Rule Effective  01/00/2024 
Regulatory Flexibility Analysis Required: No  Government Levels Affected: None 
Federalism: No 
Included in the Regulatory Plan: No 
International Impacts: This regulatory action will be likely to have international trade and investment effects, or otherwise be of international interest.
RIN Data Printed in the FR: No 
Agency Contact:
Megan Wallace
Senior Special Counsel, Division of Clearing and Risk
Commodity Futures Trading Commission
Three Lafayette Centre, 1155 21st Street NW,
Washington, DC 20581
Phone:202 418-5150
Email: mwallace@cftc.gov

Robert Wasserman
Chief Counsel, Division of Clearing and Risk
Commodity Futures Trading Commission
Three Lafayette Centre, 1155 21st Street NW,
Washington, DC 20581
Phone:202 418-5092
Email: rwasserman@cftc.gov