Category: SWAP DEALERS

A Swap Dealer, as defined by the Commodity Futures Trading Commission (CFTC), refers to an entity that primarily engages in the business of buying and selling swaps, or is otherwise designated by the CFTC as a Swap Dealer based on its activities. Swap Dealers play a crucial role in the derivatives market by facilitating the trading of swaps, which are financial contracts that allow parties to exchange cash flows based on the performance of underlying assets, indices, or reference rates. The CFTC regulates Swap Dealers to promote market transparency, reduce systemic risk, and protect market participants. Swap Dealers are subject to specific regulatory requirements, including registration, reporting, recordkeeping, and business conduct standards, aimed at ensuring the integrity and stability of the derivatives markets they operate within.

Currently Registered Swap Dealers
Final Rules Regarding Further Defining “Swap Dealer,” “Major Swap Participant” and “Eligible Contract Participant” (PDF)

CFTC-PR-8925-24

File ID:  CFTC-PR-8925-24 Date:  June 25, 2024 Accessed:  June 25, 2024 Headline:  Commodity Futures Trading Commission Approves Final Capital Comparability Determinations for Certain Non-U.S. Nonbank Swap Dealers. Source: https://www.cftc.gov/PressRoom/PressReleases/8925-24 Categories: AGENCY RULES-CHANGES CFTC RULES-CHANGES SWAP DEALERS CFTC-PR-8925-24 – Viewer: ▼▼▼ (Download PDF File )

CFTC-PR-8914-24

File ID: CFTC-PR-8914-24 Date: May 23, 2024 Accessed: June 21, 2024 Headline:  CFTC Orders J.P. Morgan to Pay $200 Million for Supervision Failures. CFTC Finds J.P. Morgan Failed to Surveil Billions of Client Orders on a U.S. Designated Contract Market. Source: https://www.cftc.gov/PressRoom/PressReleases/8914-24 Categories: FUTURE COMMISSION MERCHANT (FCM) SWAP DEALER SUPERVISION FAILURES CFTC-PR-8914-24 – Viewer: ▼▼▼ (Download PDF […]

CFTC-PR-8901-24

File ID:  CFTC-PR-8901-24 Date:  April 30, 2024 Accessed:  June 19, 2024 Headline:  CFTC Approves Final Rule Amending the Capital and Financial Reporting Requirements of Swap Dealers and Major Swap Participants. Source:  https://www.cftc.gov/PressRoom/PressReleases/8901-24 Categories: AGENCY RULES-CHANGES CFTC RULES-CHANGES SWAP DEALERS CFTC-PR-8901-24 – Viewer: ▼▼▼ (Download PDF File )

CFTC-PR-8886-24

File ID:  CFTC-PR-8886-24 Date:  April 2, 2024 Accessed:  June 16, 2024 Headline:  Commodity Futures Trading Commission Orders Australian Swap Dealer to Pay $500,000 for Supervision Failures. Source:  https://www.cftc.gov/PressRoom/PressReleases/8886-24 Categories: SUPERVISION FAILURES SWAP DEALERS CFTC-PR-8886-24 – Viewer: ▼▼▼ (Download PDF File )

CFTC-PR-8880-24

File ID: CFTC-PR-8880-24 Date: March 19, 2024 Accessed: June 15, 2024 Headline:  CFTC Orders U.S. Bank to Pay $6 Million and Oppenheimer to Pay $1 Million for Recordkeeping and Supervision Failures for Firm-Wide Use of Unapproved Communication Methods. Source:  https://www.cftc.gov/PressRoom/PressReleases/8880-24 Categories: INTRODUCING BROKERS RECORDKEEPING FAILURES SUPERVISION FAILURES SWAP DEALERS UNAPPROVED COMMUNICATION METHODS CFTC-PR-8880-24 – Viewer: ▼▼▼ […]