Commodity Futures Trading Commission July 30, 2012 – Federal Register Recent Federal Regulation Documents

Swap Transaction Compliance and Implementation Schedule: Clearing Requirement Under Section 2(h) of the CEA
Document Number: 2012-18383
Type: Rule
Date: 2012-07-30
Agency: Commodity Futures Trading Commission, Agencies and Commissions
The Commodity Futures Trading Commission (Commission or CFTC) is adopting regulations to establish a schedule to phase in compliance with the clearing requirement under new section 2(h)(1)(A) of the Commodity Exchange Act (CEA or Act), enacted under Title VII of the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act). The schedule will provide additional time for compliance with this requirement. This additional time is intended to facilitate the transition to the new regulatory regime established by the Dodd-Frank Act in an orderly manner that does not unduly disrupt markets and transactions.
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