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ARTICLE · 05 JANUARY 2024

Wait, There's More: The CFTC Proposes Additional Swap Reporting And Recordkeeping Amendments

Jones Day
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The Commodity Futures Trading Commission ("CFTC") has proposed swap reporting and recordkeeping amendments that would, among other...

United StatesFinance and Banking
Rubina Ali
Rubina Ali
David Aron
David Aron
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Ashley Heintz
Locke McMurray
Locke McMurray
Mary Alexander Myers
Mary Alexander Myers
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Peter Petraro
Laura S. Pruitt
Laura S. Pruitt
Joshua B. Sterling
Joshua B. Sterling
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The Commodity Futures Trading Commission ("CFTC") has proposed swap reporting and recordkeeping amendments that would, among other things: provide for geographic masking to preserve counterparty anonymity in public reporting once the CFTC designates a unique product identifier ("UPI") system for the "other commodity" asset class; and update the list of swap data elements that must be reported.

Background

On December 12, 2023, the CFTC proposed amendments to its Part 43 and Part 45 swap reporting and recordkeeping regulations ("NPRM"). The NPRM has a 60-day comment period and a proposed compliance date of 365 days after Federal Register publication of final rules.

Principal Amendments

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