Margin and Capital Requirements for Covered Swap Entities
Margin and Capital Requirements for Covered Swap Entities: Reopening Comment Period
FOR FURTHER INFORMATION CONTACT: Christopher Vincent, Senior Financial Analyst, Office of Financial Analysis, Modeling & Simulations, (202) 649-3685, Christopher.Vincent@fhfa.gov, or James P. Jordan, Associate General Counsel, Office of General Counsel, (202) 649-3075, James.Jordan@fhfa.gov, Federal Housing Finance Agency, Constitution Center, 400 7th St., SW, Washington, DC 20219. If you are deaf, hard of hearing, or have a speech disability, please dial 7-1-1 to access telecommunications relay services. Additionally, the TDD 1-(800) number referenced in Rulemaking documents attached to this page is obsolete and the 7-1-1 number should be used.
SUMMARY: The OCC, Board, FDIC, FCA, and FHFA (collectively, the Agencies) are reopening the comment period for the proposed rule published in the Federal Register on November 7, 2019 to amend the agencies' regulations that require swap dealers and security-based swap dealers under the agencies' respective jurisdictions to exchange margin with their counterparties for swaps that are not centrally cleared (Proposed Swap Margin Rule). Reopening the comment period that expired on December 9, 2019, will allow interested persons additional time to analyze and comment on the Proposed Swap Margin Rule.
DATES: The comment period for the notice published on November 7, 2019 in 84 FR 59970, regarding the Margin and Capital Requirements for Covered Swap Entities, is reopened from December 9, 2019, to January 23, 2020.