The Commodity Futures Trading Commission formally extended for one year the current US $8 billion de minimis threshold that would trigger a swap dealer registration requirement. Currently, if a person engages in certain swaps with a gross notional amount in excess of $8 billion during the prior 12-month period it must register as an SD; this amount was automatically scheduled to reduce at the end of 2017. The CFTC action delays this reduction until the end of 2018 so the agency can further study the impact of any change in the threshold amount. (Click here for further information on the de minimis threshold in the article, “Just in Time for Football Season, CFTC Chairman Decides to Punt Swap De Minimis Threshold for One Year” in the September 18, 2016 version of Bridging the Week.)