📑CFTC Notice on Swap Documentation Information Collection
Agency Information Collection Activities: Notice of Intent To Extend Collection Number 3038-0088: Swap Documentation
Summary
The Commodity Futures Trading Commission ("CFTC" or "Commission") is announcing an opportunity for public comment on the proposed renewal of a collection of certain information by the agency. Under the Paperwork Reduction Act ("PRA"), Federal agencies are required to publish notice in the Federal Register concerning each proposed collection of information, including each proposed extension of an existing collection of information, and to allow 60 days for public comment. This notice solicits comments on certain collections of information mandated by Subpart I of Part 23 of the Commission's Regulations (Swap Documentation).
Agencies
- Commodity Futures Trading Commission
Business Impact
$$$ - High
The document outlines regulatory compliance requirements for swap dealers and major swap participants related to swap documentation, which directly impacts business operations in the derivatives market. The CFTC is inviting public comment on the collection of information, emphasizing that these regulations are essential for maintaining accurate records and reducing risk in trading operations.