On September 8th, the CFTC voted to propose for comment two timetables for phasing in compliance with new rules - which have yet to be adopted - for the clearing and trading of swaps, and the documentation and margin requirements to accompany swaps. The proposed timetables divide market participants into three categories. Compliance with the mandatory clearing requirements, and trading documentation and margin requirements for uncleared swaps will occur in 90, 180, or 270 days. Compliance with the trade execution requirements will be 30 days. See CFTC Open Meeting Webpage.