Prudential Regulators Extend Public Comment Deadline for Capital and Margin Proposed Rules


Earlier today the Board of Governors of the Federal Reserve System, the Farm Credit Administration, the Federal Deposit Insurance Corporation, the Federal Housing Finance Agency and the Office of the Comptroller of the Currency (collectively, the Prudential Regulators) announced the extension of the public comment deadline for proposed rules to establish margin and capital requirements for swap dealers, major swap participants, security-based swap dealers and major security-based swap dealers (the Proposed Rules). Comments were originally due on June 24, 2011 but will now be due on July 11, 2011. The new public comment deadline for the Proposed Rules is coterminous with the public comment deadline for Commodity Futures Trading Commission (CFTC) proposed rules pertaining to capital and margin requirements. The Prudential Regulators’ announcing release is available here and will be published in the Federal Register in the coming days.

Please see full article below for more information.

LOADING PDF: If there are any problems, click here to download the file.

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Sutherland Asbill & Brennan LLP | Attorney Advertising

Written by:


Sutherland Asbill & Brennan LLP on:

Popular Topics
Reporters on Deadline

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:

Sign up to create your digest using LinkedIn*

*By using the service, you signify your acceptance of JD Supra's Privacy Policy.

Already signed up? Log in here

*With LinkedIn, you don't need to create a separate login to manage your free JD Supra account, and we can make suggestions based on your needs and interests. We will not post anything on LinkedIn in your name. Or, sign up using your email address.