Major Swap Participant (MSP)

In 2012 the CFTC delegated the registration of Major Swap Participants and Swap Dealers to the National Futures Association (“NFA”).  See 77 FR 2708 (Jan. 19, 2012).  Currently, there are no registered Major Swap Participants.  However, the registration process for Major Swap Participants is similar to the Swap Dealer registration process.  For details regarding the registration of Major Swap Participants, please visit the NFA website link here: https://www.nfa.futures.org/registration-membership/who-has-to-register/sd-msp.html

In addition, Major Swap Participants can find other resources on the Division of Swap Dealer and Intermediary Oversight (“DSIO”) webpage, link here: https://www.cftc.gov/About/CFTCOrganization/DSIOmission.html

DSIO resources include:

  • Advisories;
  • Guidance;
  • Staff No Action Letters;
  • Proposed Rules;
  • Final Rules;
  • Examination Priorities; and
  • Contact information regarding Senior Staff