Noting that its proposed rules now provide a “substantially complete mosaic” of the regulatory framework for swaps under the Dodd-Frank Act, the CFTC has reopened and extended the comment period for thirty-two of its proposed rules. The reopening and extension is designed to allow the public to comment on the regulations based on a more complete understanding of how they will interact. The Commission is also requesting comment on the order in which it should consider its final rulemakings. For the thirty-two rulemakings listed in the Federal Register notice, the comment period will be reopened and/or extended until June 3, 2011. The Commission has requested comments on the identified rulemakings individually, in combination, or globally—including, specifically, with respect to their costs and benefits.
CFTC Reopens and Extends Comment Periods for Numerous Swap Rulemakings
