CFTC Extends Comment Period for Multiple Dodd-Frank Rulemakings
Co-authored by Kevin M. Foley and Christian B. Hennion
The Commodity Futures Trading Commission has determined to extend the public comment period for over 30 of its proposed rulemakings under the Dodd-Frank Wall Street Reform and Consumer Protection Act until June 3. The rule proposals covered by the extension were proposed between October 2010 and March 2011 and relate to various aspects of the regulatory framework for swaps under the Dodd-Frank Act. For many of these proposed rulemakings, the public comment period has already closed, and is therefore being reopened until June 3. Comments previously received by the CFTC on such rule proposals after the close of the original comment period will be treated as if received during the reopened comment period and need not be resubmitted.
In its release announcing the extension of the public comment period, the CFTC also requests comment on the order in which it should consider the final rule proposals.
The CFTC release, including a full list of the affected rule proposals, is available here.
