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CFTC RIN: 3038-AE77 Publication ID: Fall 2019 
Title: Margin Requirements for Uncleared Swaps for SD and MSPs; Excluding European Stability Mechanism from Margin Requirements and Initial Margin Requirements Using the Standardized Table 
Abstract:

The Commission is proposing to amend its regulations to add the European Stability Mechanism to the list of entities that are excluded from the requirement to exchange initial and variation margin with a swap dealer or major swap participant for uncleared swap transactions.

 
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: Undetermined  Unfunded Mandates: No 
EO 13771 Designation: Independent agency 
CFR Citation: Not Yet Determined     (To search for a specific CFR, visit the Code of Federal Regulations.)
Legal Authority: 7 U.S.C. 1a, 2, 6, 6a, 6b, 6b-1, 6c, 6p, 6r, 6s, 6t, 9, 9a, 12, 12a, 13b, 13c, 16a, 18, 19, 21   
Legal Deadline:  None
Timetable:
Action Date FR Cite
NPRM  11/00/2019 
Regulatory Flexibility Analysis Required: Undetermined  Government Levels Affected: Undetermined 
Federalism: No 
Included in the Regulatory Plan: No 
RIN Data Printed in the FR: No 
Agency Contact:
Warren Gorlick
Associate Director, Market Participants Division
Commodity Futures Trading Commission
Three Lafayette Centre, 1155 21st Street NW,
Washington, DC 20581
Phone:202 418-5195
Email: wgorlick@cftc.gov

Carmen Moncada-Terry
Special Counsel, Market Participants Division
Commodity Futures Trading Commission
Three Lafayette Centre, 1155 21st Street NW,
Washington, DC 20581
Phone:202 418-5795
Email: cmoncadaterry@cftc.gov

Rafael Martinez
Senior Financial Risk Analyst, Division of Swap Dealer and Intermediary Oversight
Commodity Futures Trading Commission
Three Lafayette Centre, 1155 21st Street NW,
Washington, DC 20581
Phone:202 418-5462
Email: rmartinez@cftc.gov