Provisions Common to Registered Entities

Commodity Futures Trading Commission published this proposed rule in the Federal Register on Nov 2, 2010. Comments close Jan 3, 2011.

Abstract

The Commodity Futures Trading Commission ("Commission" or "CFTC") is proposing rules to implement new statutory provisions enacted under Title VII of the Dodd-Frank Wall Street Reform and Consumer Protection Act ("Dodd-Frank Act") and amend existing rules affected by the passage of the Dodd-Frank Act. These proposed rules apply to designated contract markets ("DCMs"), derivatives clearing organizations ("DCOs"), swap execution facilities ("SEFs") and swap data repositories ("SDRs"). The proposed rules implement the new statutory framework for certification and approval for new products, new rules and rule amendments submitted to the Commission by registered entities. Furthermore, the proposed rules prohibit event contracts based on certain excluded commodities, establish special procedures for certain rule changes proposed by systemically important derivatives clearing organizations ("SIDCOs"), and provide for the tolling of review periods for certain novel derivative products pending the resolution of jurisdictional determinations.

The abstract is quoted as the Federal Register publishes it.

Document

Agency

Commodity Futures Trading Commission

Type

Proposed Rule

Published

Nov 2, 2010

Comments close

Jan 3, 2011

Document number

2010-27533

Federal Register

Read the document

Source: the Federal Register, public domain. All documents.