The CFTC also proposed transition rules designed to provide additional time for compliance with the clearing and trade execution requirements established under Dodd-Frank.
The CFTC and Securities and Exchange Commission (SEC) are conducting a joint study on swap regulation and clearinghouse regulation in the United States, Asia and Europe as required under Dodd-Frank.
The Commodities Futures Trading Commission (CFTC) has adopted a final rule regarding the process for the mandatory clearing of derivatives on clearinghouses. The rule establishes procedures for the review of swaps to determine which derivatives should be cleared on a clearinghouse.
The House of Representatives passed legislation that provides for a comprehensive set of financial reforms, including regulations relating to investment advisers of private funds and over-the-counter (OTC) derivatives.