CFTC Extends Comment Deadline On Swap Data Reporting Proposal - October 25, 2019

Author:Mr Cadwalader, Wickersham & Taft LLP
Profession:Cadwalader, Wickersham & Taft LLP
 
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The comment deadline for a CFTC proposal amending swap data reporting regulations was extended from October 28, 2019 to January 27, 2020. This the second comment extension.

As previously covered, the CFTC proposed amendments to CFTC Rules Parts 23, 43, 45 and 49. The proposal would:

establish policies and procedures for swap data repositories ("SDRs") to verify the accuracy of swap data with both counterparties to a swap; improve requirements for reporting counterparties concerning swap data accuracy...

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