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CFTC RIN: 3038-AD37 Publication ID: Fall 2016 
Title: Requirements for Designated Contract Markets & Swap Execution Facilities Regarding the Mitigation of Conflicts of Interest 
Abstract:

The Commission proposed requirements to implement the following sections of the Dodd-Frank Wall Street Reform and Consumer Protection Act (the Act), insofar as they pertain to conflicts of interest:  section 726 (Rulemaking on Conflict of Interest); sections 725(c) and (d) (DCO Core Principles and Conflicts of Interest); section 735(b) (DCM Core Principles); and section 733 (SEF Core Principles).  After reviewing public comments, and following certain changes in U.S. and international supervisory standards, the Commission proceeded to propose and adopt Governance and Conflict of Interest standards for DCOs in a separate rulemaking.  In light of this development, the Commission will issue a new proposed rulemaking, which will:  (1) Apply to DCMs and SEFs alone; and (2) take into account domestic and international market developments since the publication of the original proposed rulemaking.  The title of this rule has been updated accordingly, to reflect the focus going forward on DCMs and SEFs.

 
Agency: Commodity Futures Trading Commission(CFTC)  Priority: Other Significant 
RIN Status: Previously published in the Unified Agenda Agenda Stage of Rulemaking: Proposed Rule Stage 
Major: No  Unfunded Mandates: No 
EO 13771 Designation: uncollected 
CFR Citation: 17 CFR 1    17 CFR 37 to 40   
Legal Authority: Pub. L. 111-203, secs. 725(c), 725(d), 726, 733, and 735(b), Dodd-Frank   
Legal Deadline:
Action Source Description Date
Final  Statutory    01/14/2011 
Timetable:
Action Date FR Cite
NPRM  10/18/2010  75 FR 63732   
NPRM Comment Period End  11/17/2010    
NPRM Comment Period Extended  05/04/2011  76 FR 25274   
NPRM Comment Period Extended End  06/03/2011    
Second NPRM  02/00/2017 
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 
Related RINs: Previously reported as 3038-AD01, Related to 3038-AD36 
Agency Contact:
Swati Shah
Special Counsel, Division of Market Oversight
Commodity Futures Trading Commission
Three Lafayette Centre, 1155 21st Street NW,
Washington, DC 20581
Phone:202 418-5042
Email: sshah@cftc.gov