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| FDIC | RIN: 3064-AD79 | Publication ID: Fall 2014 |
| Title: Margin and Capital Requirements for Covered Swap Entities | |
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Abstract:
The Office of the Comptroller of the Currency, the Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation, the Farm Credit Administration, and the Federal Housing Finance Agency (collectively the "Agencies"), reopened the comment period on the proposed rule published in the Federal Register on May 11, 2011 (76 FR 27564) to establish minimum margin and capital requirements for uncleared swaps and security-based swaps entered into by swap dealers, major swap participants, security based swap dealers, and major security-based swap participants, for which one of the Agencies is the prudential regulator (Proposed Margin Rule). Reopening the comment period allowed interested persons additional time to analyze and comment on the Proposed Margin Rule in light of the consultative document on margin requirements for non-centrally-cleared derivatives recently published for comment by the Basel Committee on Banking Supervision and the International Organization of Securities Commissions. This RIN has been withdrawn and replaced with RIN 3064-AE21. |
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| Agency: Federal Deposit Insurance Corporation(FDIC) | Priority: Other Significant |
| RIN Status: Previously published in the Unified Agenda | Agenda Stage of Rulemaking: Completed Actions |
| Major: No | Unfunded Mandates: No |
| CFR Citation: 12 CFR 324 | |
| Legal Authority: 7 USC 6s(e) 15 USC 78o-10(e) 12 USC 1818 12 USC 1819(a)(Tenth) | |
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Legal Deadline:
None |
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Timetable:
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| Additional Information: E-mail comments to: Comments@fdic.gov. Include RIN 3064-AD79 on the subject line of the message. | |
| Regulatory Flexibility Analysis Required: No | Government Levels Affected: None |
| Federalism: No | |
| Included in the Regulatory Plan: No | |
| RIN Information URL: http://www.fdic.gov/regulations/laws/index.html | Public Comment URL: www.fdic.gov/regulations/laws/federal/propose.html |
| RIN Data Printed in the FR: No | |
| Related Agencies: Joint: TREAS/OCC, FRS, FHFA, FCA; | |
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Agency Contact: Bobby R. Bean Associate Director Federal Deposit Insurance Corporation 550 17th Street NW, Washington, DC 20429 Phone:202 898-6705 Email: bbean@fdic.gov John Feid Senior Policy Analyst Federal Deposit Insurance Corporation 550 17th Street NW., Washington, DC 20429 Phone:202 898-8649 Email: jfeid@fdic.gov Thomas Hearn Counsel Federal Deposit Insurance Corporation 550 17th Street NW, Washington, DC 20429 Phone:202 898-6967 Email: thohearn@fdic.gov Ryan Clougherty Senior Attorney Federal Deposit Insurance Corporation 550 17th Street NW., Washington, DC 20429 Phone:202 898-3843 Email: rclougherty@fdic.gov |
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