We are asked this question with ever increasing frequency, so we thought that we would answer it "once and for all".
These are the forms that the question takes:
How do I know if my counterparty is a swap dealer?
How do I know if I am trading with a foreign affiliate of a U.S. swap dealer?
Are there any major swap participants registered with the CFTC right now?
Do you know if there is an "official" list of registered swap dealers and major swap participants?
And, the answers to those questions can be found by clicking the link under each heading below.
Click here for the CFTC's official list of provisionally registered swap dealers (current as of the date listed at that website).
Major Swap Participants
Click here for the CFTC's official list of provisionally registered major swap participants (current as of the date listed at that website)
And, that may result in another question:
What does it mean for a swap dealer or major swap participant to be "provisionally registered"?
It means that the National Futures Association has received a Form 7-R from the SD or MSP.
Given the "in-progress" status of implementation of the Dodd-Frank Act's changes to the Commodity Exchange Act and related CFTC rules, the entire industry is provisionally registered as of this particular point in time.
That will change at some point in the future - don't ask when, because we do not know either.