CFTC Finalizes 2 Reporting Rules For Swaps Market

Law360, New York (December 20, 2011, 6:21 PM EST) -- The U.S. Commodity Futures Trading Commission unanimously approved two rules Tuesday aimed at increasing transparency in the over-the-counter derivatives market, establishing swap data record-keeping requirements for registered entities, and calling for real-time reporting of swap transaction and pricing data.

The final rules came a day after the agency once again pushed back the implementation date for rules governing the $600 trillion OTC derivatives market, which is seven times the size of the futures market. They mark the 21st and 22nd rules finished so far under the...
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