Commodity Futures Trading Commission January 2, 2013 – Federal Register Recent Federal Regulation Documents
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Business Conduct and Documentation Requirements for Swap Dealers and Major Swap Participants; Extension of Compliance Date
The Commodity Futures Trading Commission (``Commission'') is changing the compliance dates for certain rules in the Commission's regulations governing business conduct standards for swap dealers (``SDs'') and major swap participants (``MSPs''), and certain rules requiring SDs and MSPs to engage in portfolio reconciliation and to have certain documentation with their swap counterparties. The Commission is extending the compliance date for certain rules by four months, and up to six months for others. The extended compliance dates are intended to provide SDs and MSPs with additional time to achieve compliance with certain regulations.
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