Tag Archives: swap reporting

Breaking – CFTC Offers Non-Swap Dealers (Some) Relief From (Some) Swap Reporting Requirements: The “Who, What, When, Where, Why” of CFTC Letter 13-10

INTRODUCTION The CFTC just released (less than 7 hours before the deadline) CFTC Letter No. 13-10 providing no action relief from the reporting requirements of Parts 43, 45, and 46 for non-swap dealer, non-major swap participant counterparties. By our count, there are now nine different reporting deadlines. As an introductory item, non-swap dealer banks or other … Continue Reading

Getting Ready for Dodd-Frank: A Checklist for Non-Swap Dealers and Non-Major Swap Participants

Checklist: Non-Swap Dealers / Non-MSPs Getting Ready For Dodd-Frank WHAT TO DO WHEN Obtain your LEI / CICI by going to www.ciciutility.org and following applicable instructions By April 10, 2013 Report all swaps for which you are the reporting counterparty, as required by Parts 43, 45 and 46 of the CFTC Rules Beginning on April 10, 2013 Maintain all records … Continue Reading

Derivatives Update: Dodd-Frank Protocol 2.0 Now Open & Update on Treasury Market Practices Group Forward MBS Recommendation

A few updates of note: 1) Dodd-Frank Protocol 2.0 Open – As of March 22nd, Dodd-Frank Protocol 2.0 is open for adherence.  More information is available here. 2) Further Guidance Issued by TMPG on Initiative to Margin Forward Agency MBS – On March 27th, the Treasury Market Practices Group of the New York Fed issued additional … Continue Reading

Getting Ready For Dodd-Frank: The ISDA Dodd-Frank Protocol & Where to Learn More About Legal Entity Identifiers (LEIs)

The Time Is At Hand… If you have not yet started to get serious about getting your company ready for Dodd-Frank’s derivatives market regulatory reforms, now is the right time to do so. In sum, your company may need to take several actions over the next few weeks, like dealing with ISDA’s Dodd-Frank Documentation Initiative … Continue Reading

SEC Open Meeting – Nov. 19th – Security-Based Swap Rule Proposals

WHAT: There is an Open Meeting scheduled for November 19th at 10:00 a.m. EST. TOPICS TO BE DISCUSSED: As it relates to derivatives issues, the SEC plans to discuss: 1) Whether to propose new rules under Section 763(i) of the Dodd-Frank Wall Street Reform and Consumer Protection Act governing the security-based swap data repository registration … Continue Reading

Reminder: Public Meeting November 19th – Fifth Series of CFTC Proposed Rules

 WHAT: CFTC to hold Public Meeting on Fifth Series of Proposed Rules. Topics to be discussed: 1) Swap data repositories 2) Real-time public reporting of swap transaction data 3) Protection of collateral of counterparties to uncleared swaps, and treatment of securities in a portfolio margining account in a commodity broker bankruptcy 4) Data recordkeeping 5) Issuance of … Continue Reading

A Q&A (UPDATED 10_15) with TSR about CFTC Interim Final Rule Part 44: Reporting Pre-enactment Swap Transactions

Here is what you need to know about the CFTC’s “Interim Final Rule for Pre-Enactment Swap Transactions”  –  by anticipation, we have included a question “SHOULD I PAY ANY ATTENTION TO THIS INTERIM RULE IF I AM AN END-USER COUNTERPARTY WHO HAS NO INTENTION OF BECOMING REGISTERED AS A SWAP DEALER OR MAJOR SWAP PARTICIPANT?” You know … Continue Reading