Regulatory Developments: CFTC Approves ICE Trade Vault, LLC as First SDR | White & Case LLP International Law Firm, Global Law Practice
Regulatory Developments: CFTC Approves ICE Trade Vault, LLC as First SDR

Regulatory Developments: CFTC Approves ICE Trade Vault, LLC as First SDR

On June 28, the CFTC announced that it had granted provisional registration to ICE Vault Trade LLC as the first swap-data repository ("SDR"). SDRs were created by the Dodd-Frank Act to collect and maintain of data related to swap transactions and to make such information available to regulators SDRs must be registered with the CFTC and comply with core principles, duties and other requirements specified in new Section 21 of the Commodity Exchange Act and the Part 49 Rules. ICE Trade Vault, LLC has been provisionally registered as a swap data repository for the interest rate, credit, foreign exchange, and other commodity asset classes.

 

Search for more White & Case Derivatives Insight alerts.

 

This publication is provided for your convenience and does not constitute legal advice. This publication is protected by copyright.
© 2012 White & Case LLP