Section 2(h)(1)(A) of the Commodity Exchange Act requires certain entities to submit for clearing certain swaps if they are required to be cleared by the Commission. Section 2(h)(7)(a) provides that non-financial end-users using swaps to hedge or mitigate commercial risk may elect not to clear swaps that otherwise would be required to be cleared, if they satisfy certain conditions. Similarly, Rule 50.50 permits certain end-user entities to elect not to clear swaps that otherwise would be required to be cleared, provided that they satisfy certain conditions. The rule further requires the reporting of certain information if the exception is elected. This collection pertains to information the Commission needs to monitor use of the end-user exception, to prevent abuse of the end-user election, and to assess market risk in connection therewith.
The latest form for Rule 50.50 End-User Notification of Non-Cleared Swap expires 2022-12-31 and can be found here.
Document Name |
---|
Supplementary Document |
Supplementary Document |
Supporting Statement A |
Approved with change |
Revision of a currently approved collection | 2022-10-24 | |
Approved without change |
Revision of a currently approved collection | 2019-10-29 | |
Approved without change |
Revision of a currently approved collection | 2018-10-29 | |
Approved without change |
Extension without change of a currently approved collection | 2015-10-19 | |
Approved without change |
New collection (Request for a new OMB Control Number) | 2012-08-11 | |
Comment filed on proposed rule |
New collection (Request for a new OMB Control Number) | 2011-02-28 |