Alert March 22, 2011

CFTC Proposes Conforming Changes to Regulations Governing Registration of Intermediaries to Address Swap Dealers, Major Swap Participants and Swap Execution Facilities

The CFTC issued a proposal that would make certain conforming amendments to its rules governing the registration of intermediaries to incorporate references to swap dealers, major swap participants and swap execution facilities.  The proposal also includes modernizing and technical amendments to the rules governing intermediary registration.  Comments on the proposal are due by May 9, 2011.