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Dodd-Frank

CFTC Approves Final Rule for Filing Chief Compliance Officer Annual Reports

by   |   November 13, 2016

The CFTC approved a final rule amending a CFTC regulation addressing the timing for filing chief compliance officer annual reports for certain registrants.

The final rule amends CFTC regulation 3.3 to provide futures commission merchants, swap dealers, and major swap participants 90 days following their fiscal year-end to file chief compliance officer annual reports and clarifies the filing requirements applicable to swap dealers and major swap participants located in jurisdictions for which the CFTC has granted a comparability determination with respect to the contents of the reports. The final rule codifies and supersedes CFTC Staff Letter No. 15-15 issued March 27, 2015.

The final rule is effective immediately upon publication in the Federal Register.