Vedder Price

Vedder Thinking | Articles Derivatives End Users Take Note: CFTC to Phase in Rules Affecting Trading with Certain Counterparties


Reader View

Over the next few months, certain Commodity Futures Trading Commission rules that impact the derivatives marketplace will be phased into effect and will require the affirmative action of derivatives end users in order to continue trading with counterparties that are, or will be, classified as Swap Dealers or Major Swap Participants under certain provisions of the Commodity Exchange Act (7 U.S.C. §1).

Follow the link below for a summary of the various actions that end users (including private investment entities, hedge funds and mutual funds), as well as other users of derivative products that face a Swap Dealer or Major Swap Participant, must take to facilitate compliance with Dodd-Frank requirements and to ensure that their trading activities are not disrupted on or after May 1, 2013.

If you have questions regarding this alert or any matters discussed in the summary (including OTC derivatives, the ISDA August 2012 Dodd-Frank Protocol or mandatory clearing), please contact Joseph M. Mannon. Editor: Deborah Bielicke Eades.


Joseph M. Mannon


Deborah Bielicke Eades