The Commodity Futures Trading Commission (CFTC) on December 20, 2011 finalized two rules related to swap data reporting, recordkeeping and public dissemination under the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 (Dodd-Frank Act). The CFTC has also finalized its extension of temporary exemptive relief for certain swap regulatory requirements.

Real-Time Public Reporting of Swap Transaction Data

Section 727 of the Dodd-Frank Act added new Section 2(a)(13) to the Commodity Exchange Act (CEA), which requires that the CFTC adopt rules to implement a real-time public reporting regime for swap transaction and pricing data. The CFTC has now adopted final rules (Public Reporting Rules) implementing this statutory requirement...