Clearing Requirement

In 2012, the Commission issued final rules to implement the clearing requirement determination under section 723 of the Dodd-Frank Wall Street Reform and Consumer Protection Act.

The final rules require certain classes of credit default swaps and interest rate swaps to be cleared by DCOs registered with the Commission.

In 2016, the Commission issued a notice of proposed rulemaking that would require additional interest rate swaps to be cleared by DCOs registered with the Commission.

Additional information is listed below.

Related Federal Register Releases

Final Rule: 87 FR 52182 // PDF Version
08/24/2022
17 CFR Part 50 Clearing Requirement Determination Under Section 2(h) of the Commodity Exchange Act for Interest Rate Swaps To Account for the Transition From LIBOR and Other IBORs to Alternative Reference Rates

See also:
Request for Information and Comment 86 FR 88476, 11/23/2021 // PDF Version
17 CFR Part 50 Swap Clearing Requirement To Account for the Transition From LIBOR and Other IBORs to Alternative Reference Rates

87 FR 32898, 5/31/2022 // PDF Version
17 CFR Part 50 Clearing Requirement Determination Under Section 2(h) of the Commodity Exchange Act for Interest Rate Swaps To Account for the Transition From LIBOR and Other IBORs to Alternative Reference Rates

Proposed Rule: 87 FR 32898 // PDF Version
05/31/2022
17 CFR Part 50 Clearing Requirement Determination Under Section 2(h) of the Commodity Exchange Act for Interest Rate Swaps To Account for the Transition From LIBOR and Other IBORs to Alternative Reference Rates
Open Date: 5/31/2022
Closing Date: 6/30/2022

87 FR 52182 , 8/24/2022 // PDF Version
17 CFR Part 50 Clearing Requirement Determination Under Section 2(h) of the Commodity Exchange Act for Interest Rate Swaps To Account for the Transition From LIBOR and Other IBORs to Alternative Reference Rates

Proposed Rule: Request for Information and Comment 86 FR 88476 // PDF Version
11/23/2021
17 CFR Part 50 Swap Clearing Requirement To Account for the Transition From LIBOR and Other IBORs to Alternative Reference Rates

See also:
87 FR 32898, 5/31/2022 // PDF Version
17 CFR Part 50 Clearing Requirement Determination Under Section 2(h) of the Commodity Exchange Act for Interest Rate Swaps To Account for the Transition From LIBOR and Other IBORs to Alternative Reference Rates

87 FR 52182, 8/24/2022 // PDF Version
17 CFR Part 50 Clearing Requirement Determination Under Section 2(h) of the Commodity Exchange Act for Interest Rate Swaps To Account for the Transition From LIBOR and Other IBORs to Alternative Reference Rates

Final Rule: 81 FR 71202 // PDF Version
10/14/2016
17 CFR Part 50
Clearing Requirement Determination Under Section 2(h) of the Commodity Exchange Act for Interest Rate Swaps
Effective Date: Tuesday, December 13, 2016

Proposed Rule: 81 FR 39506 // PDF Version
6/16/2016
17 CFR Part 50
Clearing Requirement Determination Under Section 2(h) of the CEA for Interest Rate Swaps
Comment File - Closing Date: 7/18/2016

Final Rule: 77 FR 74284 // PDF Version
12/13/2012
17 CFR Parts 39 and 50
Clearing Requirement Determination Under Section 2(h) of the CEA

Proposed Rule: 77 FR 47169 // PDF Version
8/7/2012
17 CFR Part 50
Clearing Requirement Determination Under Section 2(h) of the CEA
Comment File - Closing Date: September 6, 2012

Final Rule: 77 FR 44441 // PDF Version
7/30/2012
17 CFR Part 50
Swap Transaction Compliance and Implementation Schedule: Clearing Requirement under Section 2(h) of the CEA

Proposed Rule: 76 FR 58186 // PDF Version
9/20/2011
17 CFR Parts 37, 38, and 39
Swap Transaction Compliance and Implementation Schedule: Clearing and Trade Execution Requirements under Section 2(h) of the CEA
Comment File - Closing Date: 11/4/2011