Margin and Capital Requirements for Covered Swap Entities

7 organizations filed 11 public comments on Margin and Capital Requirements for Covered Swap Entities, at the Office of the Comptroller of the Currency. The comment window closed 4264d ago.

Abstract

The OCC, Board, FDIC, FCA, and FHFA (each an "Agency'' and, collectively, the "Agencies'') are seeking comment on a proposed joint rule to establish minimum margin and capital requirements for registered swap dealers, major swap participants, security-based swap dealers, and major security-based swap participants for which one of the Agencies is the prudential regulator. This proposed rule implements sections 731 and 764 of the Dodd-Frank Wall Street Reform and Consumer Protection Act, which require the Agencies to adopt rules jointly to establish capital requirements and initial and variation margin requirements for such entities and their counterparties on all non-cleared swaps and non-cleared security-based swaps in order to offset the greater risk to such entities and the financial system arising from the use of swaps and security-based swaps that are not cleared.

Commenters (7)

• American Bankers Associationtrade assoc.

  4 filings · confidence 97%
• American Gas Associationtrade assoc.

  2 filings · confidence 97%
• Air Transport Associationtrade assoc.

  1 filing · confidence 97%
• American Petroleum Institutetrade assoc.

  1 filing · confidence 97%
• American Public Power Associationtrade assoc.

  1 filing · confidence 97%
• Edison Electric Institutetrade assoc.

  1 filing · confidence 97%
• National Corn Growers Associationtrade assoc.

  1 filing · confidence 97%