Co-authored by Ross Pazzol and Christian B. Hennion.


The CFTC adopted amendments to its rules that expand and incorporate the existing futures regulatory framework to apply to swap transactions. Among other things, definitions (e.g., “customer funds”) and recordkeeping requirements that previously applied to futures transactions have been amended to apply to both futures and swaps, as applicable.

More information, including a link to the final rule text, is available here.