CFTC Issues Rule Proposals Regarding Swap Data Recordkeeping and Reporting Requirements

The CFTC issued releases proposing rules relating to (a) real-time public reporting of swap transaction data, (b) swap data recordkeeping and reporting requirements, (c) reporting, recordkeeping and daily trading records requirements for swap dealers and major swap participants and (d) real-time public reporting of swap transaction data correction.   Comments on the proposals are due by February 7, 2011.