Margin and Capital Requirements for Covered Swap Entities

Document ID: OCC-2011-0008-0016
Document Type: Proposed Rule
Agency: Comptroller Of The Currency
Topics: No Topics associated with this document
Federal Register Number: 2011-16004
CFR Citation: 12 CFR Part 45
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Details Information

Abstract:	On May 11, 2011, the OCC, Board, FDIC, FCA, and FHFA (collectively, the Agencies) published in the Federal Register a joint notice of proposed rulemaking for public comment to establish minimum margin and capital requirements for registered swap dealers, major swap participants, security-based swap dealers, and major security-based swap participants for which one of the Agencies is the prudential regulator (the proposed rule). Due to the complexity of the rulemaking, to allow parties more time to consider the impact of the proposed rule, and so that the comment period on the proposed rule will run concurrently with the comment period for similar margin and capital requirements proposed by the Commodity Futures Trading Commission, the Agencies have determined that an extension of the comment period until July 11, 2011 is appropriate. This action will allow interested persons additional time to analyze the proposed rules and prepare their comments.
Document Subtype:	Extension of Comment Period
Received Date:	June 24 2011, at 12:00 AM Eastern Daylight Time
Start-End Page:	37029 - 37030
Comment Start Date:	June 24 2011, at 12:00 AM Eastern Standard Time
Comment Due Date:	July 11 2011, at 11:59 PM Eastern Standard Time