View Rule

View EO 12866 Meetings Printer-Friendly Version     Download RIN Data in XML
CFTC RIN: 3038-AE87 Publication ID: Spring 2020 
Title: Registration With Alternative Compliance for Non-U.S. Derivatives Clearing Organizations 
Abstract:

The Commodity Futures Trading Commission ("Commission") would propose amendments to its regulations that would permit derivatives clearing organizations (DCOs) organized outside of the United States that do not pose substantial risk to the U.S. financial system to register with the Commission yet comply with the core principles applicable to DCOs set forth in the Commodity Exchange Act through compliance with their home country regulatory regime, subject to certain conditions and limitations.

 
Agency: Commodity Futures Trading Commission(CFTC)  Priority: Substantive, Nonsignificant 
RIN Status: Previously published in the Unified Agenda Agenda Stage of Rulemaking: Final Rule Stage 
Major: Undetermined  Unfunded Mandates: No 
EO 13771 Designation: Independent agency 
CFR Citation: 17 CFR 39   
Legal Authority: 7 U.S.C. 7a-1(h)   
Legal Deadline:  None
Timetable:
Action Date FR Cite
NPRM  07/19/2019  84 FR 34819   
NPRM Comment Period End  09/17/2019 
NPRM Comment Period Extended  09/18/2019  84 FR 49072   
NPRM Comment Period Extended End  11/18/2019 
Final Rule  12/00/2020 
Final Rule Effective  02/00/2021 
Regulatory Flexibility Analysis Required: No  Government Levels Affected: None 
Federalism: No 
Included in the Regulatory Plan: No 
International Impacts: This regulatory action will be likely to have international trade and investment effects, or otherwise be of international interest.
RIN Data Printed in the FR: No 
Agency Contact:
Eileen A. Donovan
Deputy Director, Division of Clearing and Risk
Commodity Futures Trading Commission
Three Lafayette Centre, 1155 21st Street NW,
Washington, DC 20581
Phone:202 418-5096
Email: edonovan@cftc.gov

Parisa Nouri
Associate Director, Division of Clearing and Risk
Commodity Futures Trading Commission
Three Lafayette Centre, 1155 21st Street NW,
Washington, DC 20581
Phone:202 418-6620
Email:  pnouri@cftc.gov