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CFTC RIN: 3038-AD28 Publication ID: Spring 2014 
Title: Segregation and Bankruptcy: Protection of Collateral for Uncleared Swaps; Treatment of Securities in a Portfolio Margining Account in a Commodity Broker Bankruptcy 
Abstract: The Commission finalized rules for uncleared swaps transactions between a swap dealer or major swap participant and a counterparty that govern the segregation of assets posted as collateral by the counterparty and rules thereunder. The Commission also finalized rule revisions to ensure that, for purposes of subchapter IV of chapter 7 of the Bankruptcy Code, securities held in a portfolio margining account constitute "customer property" and owners of such accounts constitute "customers." 
Agency: Commodity Futures Trading Commission(CFTC)  Priority: Other Significant 
RIN Status: Previously published in the Unified Agenda Agenda Stage of Rulemaking: Completed Actions 
Major: No  Unfunded Mandates: No 
EO 13771 Designation: uncollected 
CFR Citation: 17 CFR 23    17 CFR 190   
Legal Authority: secs 713(c) and 724 of PL 111-203, 124 Stat 1376   
Legal Deadline:
Action Source Description Date
Final  Statutory    07/21/2011 
Timetable:
Action Date FR Cite
NPRM  12/03/2010  75 FR 75432   
NPRM Comment Period End  02/01/2011    
NPRM Comment Period Extended  05/04/2011  76 FR 25274   
NPRM Comment Period Extended End  06/03/2011    
Final Action  11/06/2013  78 FR 66621   
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:
Robert B. 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