Alert May 03, 2011

CFTC Proposes Amendments to CFTC Regulations to Conform to Requirements in Dodd-Frank Act

The CFTC issued proposed amendments to its rules that are designed to ensure the full integration of changes to the regulatory framework for swaps resulting from the Dodd‑Frank Act into CFTC regulations.  The CFTC describes its proposal as including “ministerial, accommodating and substantive” amendments, with the substantive amendments being designed to align requirements or procedures across futures and swap markets.  Comments on the proposal are due within 60 days after its publication in the Federal Register.