Press Release
| Joint Release | Board of Governors of the Federal Reserve System Farm Credit Administration Federal Deposit Insurance Corporation Federal Housing Finance Agency Office of the Comptroller of the Currency |
| For Immediate Release | June 23, 2011 |
Agencies Extend Comment Period on Swap Margin and Capital Proposed Rulemaking
Five federal agencies have approved and will submit a Federal Register notice that extends the comment period on a proposed rule to establish margin and capital requirements for swap dealers, major swap participants, security-based swap dealers, and major security-based swap participants as required by the Dodd-Frank Wall Street Reform and Consumer Protection Act. The comment period was extended to July 11, 2011, to allow interested persons more time to analyze the issues and prepare their comments. Originally, comments were due by June 24, 2011.
The proposal was issued by the Federal Reserve Board, the Farm Credit Administration, the Federal Deposit Insurance Corporation, the Federal Housing Finance Agency, and the Office of the Comptroller of the Currency.
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Attachment:
Margin and Capital Requirements for Covered Swap Entities - PDF (PDF Help)
Media Contacts:
| Federal Reserve | Barbara Hagenbaugh | (202) 452-2955 |
| FCA | Christine Quinn | (703) 883-4108 |
| FDIC | Greg Hernandez | (202) 898-6984 |
| FHFA | Corinne Russell | (202) 414-6921 |
| OCC | Bryan Hubbard | (202) 874-5770 |
FDIC: PR-108-2011
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