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Final Rule: Clearing Exemption for Certain Swaps Entered Into by Cooperatives

Final Rule: Clearing Exemption for Certain Swaps Entered Into by Cooperatives

RIN: 3038–AD47

Agency/Agencies: CFTC

Federal Register Publication Date: 08/22/2013

Summary: The CFTC adopted final regulations pursuant to its authority under section 4(c) of the Commodity Exchange Act (‘‘CEA’’) allowing cooperatives meeting certain conditions to elect not to submit for clearing certain swaps that such cooperatives would otherwise be required to submit for clearing in accordance with section 2(h)(1) of the CEA.

Ianthe Zabel
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