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Comments due on proposed Swap Rule amendments

01/23/2020
Status: 

The OCC, Fed, FDIC, the Farm Credit Administration, and the Federal Housing Finance Agency are seeking comment on a proposed rule that would amend their regulations regarding the minimum margin and capital requirements for registered swap dealers, major swap participants, security-based swap dealers, and major security-based swap participants (Swap Margin Rule). Comments on the proposal are due by December 9, 2019.

On December 20, 2019, the agencies announced they are reopening and extending the comment period to January 23, 2020.

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