The Commodity Futures Trading Commission’s Division of Swap Dealer and Intermediary Oversight (DSIO) and National Futures Association (NFA) announced that, effective September 30, swap dealers (SDs) and major swap participants (MSPs) are required to submit Risk Exposure Reports via WinJammer. The CFTC had previously implemented a web-based portal through which SDs and MSPs could submit Risk Exposure Reports as required by CFTC Regulation 23.600(c)(2)(ii). As of September 30, NFA requires SDs and MSPs to file all quarterly and interim Risk Exposure Reports with NFA and CFTC through WinJammer within five business days of providing the report to the SD’s or MSP’s senior management. Because reports filed through WinJammer are furnished to the CFTC automatically, DSIO no longer requires SDs and MSPs to use the CFTC web portal to file Risk Exposure Reports that have been filed through WinJammer.
NFA Notice I-14-24 is available here.
The CFTC release is available here.