2016-18854: Final Response to District Court Remand Order in Securities Industry and Financial Markets Association, et al. v. United States Commodity Futures Trading Commission

Summary

This release is the Commodity Futures Trading Commission's ("Commission" or "CFTC") final response to the order of the United States District Court for the District of Columbia in Securities Industry and Financial Markets Association, et al. v. United States Commodity Futures Trading Commission, ("SIFMA v. CFTC"), remanding eight swaps-related rulemakings to the Commission to resolve what the court held to be inadequacies in the Commission's consideration of costs and benefits, or its explanation of its consideration of costs and benefits, in those rulemakings. In this release the Commission addresses cost-benefit issues raised and suggestions for rule changes made in comments submitted in response to the Commission's Initial Response to the remand order.

The agency’s own summary, as published.

What this changes

Amends 8 parts of the Code of Federal Regulations — the standing rules this notice rewrites.

• 17 CFR 1 General Regulations Under the Commodity Exchange Act
• 17 CFR 3 Registration
• 17 CFR 23 Swap Dealers and Major Swap Participants
• 17 CFR 37 Swap Execution Facilities
• 17 CFR 43 Real-Time Public Reporting
• 17 CFR 45 Swap Data Recordkeeping and Reporting Requirements
• 17 CFR 46 Swap Data Recordkeeping and Reporting Requirements: Pre-Enactment and Transition Swaps
• 17 CFR 170 Registered Futures Associations