WebApr 19, 2016 · If your utility is using the commercial end-user exception to the clearing requirement to allow it to engage in uncleared swaps to hedge or mitigate commercial risk, it should be submitting the notification required by 7 U.S.C. § 2 (h) (7) (A) (iii) annually or transaction-by-transaction in accordance with 17 C.F.R. § 50.50 (b) (1) or (2). WebJan 7, 2016 · Aiming to reduce needless regulatory costs on America’s farmers, grain elevators and other commercial end-users of the commodity markets, the U.S. Commodity Futures Trading Commission (CFTC) recently amended a record-keeping rule that had caused major headaches for unregistered members.
CFTC Finalizes Exemption From Margin Requirements For Uncleared Swaps ...
WebAug 3, 2012 · The Final End-User Exception Rule creates CFTC regulation § 39.6 which describes the requirements for electing this statutory exception by (1) establishing the criteria for determining whether a swap hedges or mitigates commercial risk; (2) specifying the information that counterparties must report to satisfy the notification requirement; and … Webentity is defined in section 2(h)(7)(C) of the Commodity Exchange Act and is used for various purposes in existing CFTC rules under Title VII of the Dodd-Frank Act. In some cases in the re-proposal, the CFTC uses “financial entity” where it appears from the context that the CFTC may have intended to use “financial end user.” the true christmas story kjv
CFTC Revises Seven-Part Test for Forward Contracts with …
WebFinancial end user means: (1) Any counterparty that is not a swap entity and that is: (i) A bank holding company or an affiliate thereof; a savings and loan holding company; a … WebJul 20, 2012 · Under the Act, the Commodity Futures Trading Commission (CFTC) is given authority to regulate swaps and the Securities and Exchange Commission (SEC) is … WebFor the purposes of §§ 23.150 through 23.161: . Bank holding company has the meaning specified in section 2 of the Bank Holding Company Act of 1956 (12 U.S.C. 1841).. Broker has the meaning specified in section 3(a)(4) the Securities Exchange Act of 1934 (15 U.S.C. 78c(a)(4)).. Business day means any day other than a Saturday, Sunday, or legal … the true christmas story in under 2 minutes