RIN Data

TREAS/OCC RIN: 1557-AD43 Publication ID: Spring 2015 
Title: Registration and Regulation of Swap Dealers and Major Swap Participants; Registration and Regulation of Security-Based Swap Dealers and Major Security-Based Swap Participants  

The OCC, FRB, FDIC, FCA, and FHFA issued a proposed rules to establish minimum margin and capital requirements for registered 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. The rule will implement sections 731 and 764 of the Dodd-Frank Act, which require the agencies to adopt rules jointly to establish capital requirements and initial and variation margin requirements for such entities on all non-cleared swaps and non-cleared security-based swaps to offset the greater risk to such entities and the financial system arising from the use of swaps and security-based swaps that are not cleared.

Agency: Department of the Treasury(TREAS)  Priority: Economically Significant 
RIN Status: Previously published in the Unified Agenda   Agenda Stage of Rulemaking: Final Rule Stage 
Major: Undetermined  Unfunded Mandates: Private Sector 
CFR Citation: 12 CFR 45   
Legal Authority: 7 U.S.C. 6s    7 U.S.C. 6s(e)    12 U.S.C. 1 et seq    12 U.S.C. 93a    12 U.S.C. 161    12 U.S.C. 1818    12 U.S.C. 3907    12 U.S.C. 3090    15 U.S.C. 78o-8    15 U.S.C. 78o-10(e)   
Legal Deadline:  None
Action Date FR Cite
NPRM  05/11/2011  76 FR 27564   
NPRM Comment Period End  06/24/2011 
NPRM Comment Period Extended  06/24/2011  76 FR 37029   
NPRM Comment Period Extended End  07/11/2011 
NPRM Comment Period Reopened  10/02/2012  77 FR 60057   
NPRM Comment Period Reopened End  11/26/2012 
Second NPRM  09/24/2014  79 FR 57348   
Second NPRM Comment Period End  11/24/2014 
Final Action  06/00/2015 
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:
Carl Kaminski
Special Counsel
Department of the Treasury
Comptroller of the Currency
Chief Counsel's Office, 400 7th Street SW.,
Washington, DC 20219
Phone:202 649-5869
Email: carl.kaminski@occ.treas.gov