The Commission’s regulations establish a process for swap execution facilities and designated contract markets to make a swap “available to trade” for purposes of the trade execution requirement. The regulations require swap execution facilities and designated contract markets to consider certain factors when determining whether to make a swap “available to trade,” and under §§ 37.10(a) or 38.12(a) of the Commission’s regulations, a swap execution facility or designated contract market, respectively, would submit its determination to the Commission pursuant to the rule filing procedures of part 40 of the Commission’s regulations. Sections 40.5 and 40.6 of the Commission’s regulations establish the procedures for swap execution facilities and designated contract markets to submit rule filings to the Commission. In connection with this rule filing, a swap execution facility and designated contract market must provide an explanation and analysis of the submission and its compliance with statutory provisions of the Act. This explanation and analysis is necessary for the Commission to approve or certify a swap execution facility’s or designated contract market’s “available to trade” determination before the swap would be subject to the trade execution requirement (i.e., be required to trade only on a swap execution facility or designated contract market). Without this collection of information, certain swaps may inappropriately be subject to the trade execution requirement. In addition, this process allows the Commission to provide market participants with notice as to which swaps are subject to the trade execution requirement.
The latest form for Process for a Swap Execution Facility or Designated Contract Market to Make a Swap Available to Trade expires 2022-11-30 and can be found here.
Document Name |
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Supplementary Document |
Supporting Statement A |
Supplementary Document |
Approved without change |
Extension without change of a currently approved collection | 2022-09-21 | |
Approved with change |
Extension without change of a currently approved collection | 2019-09-26 | |
Approved without change |
Revision of a currently approved collection | 2016-08-24 | |
Approved with change |
New collection (Request for a new OMB Control Number) | 2013-07-02 | |
Comment filed on proposed rule |
New collection (Request for a new OMB Control Number) | 2012-08-11 |