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CFTC RIN: 3038-AF21 Publication ID: Fall 2023 
Title: Treatment of Separate Accounts by Futures Commission Merchants 
Abstract:

The Commodity Futures Trading Commission is reproposing a rule to codify no-action relief currently granted to derivatives clearing organizations (DCOs) with respect to the treatment by clearing member futures commission merchants of margin requirements for separate accounts of certain beneficial owners.  The reproposed rule will be codified under 17 CFR part 1, and will apply the underlying requirement, along with the associated conditional exception, to all futures commission merchants.

 
Agency: Commodity Futures Trading Commission(CFTC)  Priority: Substantive, Nonsignificant 
RIN Status: Previously published in the Unified Agenda Agenda Stage of Rulemaking: Proposed Rule Stage 
Major: Undetermined  Unfunded Mandates: Undetermined 
CFR Citation: 17 CFR 1   
Legal Authority: 7 U.S.C. sec. 7a-1(c)(2)   
Legal Deadline:  None
Timetable:
Action Date FR Cite
NPRM  04/14/2023  88 FR 22934   
NPRM Comment Period End  06/13/2023 
Extension of NPRM Comment Period  06/30/2023  88 FR 39205   
Revised NPRM  12/00/2023 
Regulatory Flexibility Analysis Required: Undetermined  Government Levels Affected: None 
Federalism: No 
Included in the Regulatory Plan: No 
RIN Data Printed in the FR: No 
Agency Contact:
Robert Wasserman
Chief Counsel, Division of Clearing and Risk
Commodity Futures Trading Commission
Three Lafayette Centre, 1155 21st Street NW,
Washington, DC 20581
Phone:202 418-5092
Email: rwasserman@cftc.gov

Daniel O'Connell
Special Counsel, Division of Clearing and Risk
Commodity Futures Trading Commission
Three Lafayette Centre, 1155 21st Street NW,
Washington, DC 20581
Phone:202 418-5583
Email: doconnell@cftc.gov