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The Commission is issuing an interim final rule amending the margin requirements for uncleared swaps for swap dealers and major swap participants for which there is no prudential regulator (the CFTC Margin Rule).  The Commission is revising the compliance schedule for the posting and collection of initial margin under the CFTC Margin Rule to defer the compliance date of September 1, 2020, to September 1, 2021 (Interim Final Rule).  The Commission is issuing the Interim Final Rule to address the operational challenges faced by certain entities subject to the CFTC Margin Rule as a result of the coronavirus disease 2019 (COVID-19) pandemic, consistent with the recent revision of the Basel Committee on Banking Supervision and Board of the International Organization of Securities Commissions implementation schedule for margin requirements for non-centrally-cleared derivatives.