The CFTC published in the Federal Register its interim final rule and request for comment regarding access to swap data repository (“SDR”) data by market participants.
The interim final rule clarifies that, for a swap which is executed anonymously on a swap execution facility or designated contract market, and which is then cleared in accordance with the CFTC’s straight-through processing requirements, the data and information maintained by a registered SDR that may be accessed by either counterparty to the swap does not include information as to the other counterparty or the other counterparty’s clearing firm.
The interim final rule is effective March 26, 2014. Comments must be submitted by April 25, 2014.
See: 79 FR 16672.
Related news: CFTC Publishes Guidance, No-Action Letter and Interim Final Rule to Promote Trading on SEFs and Support an Orderly Transition to Mandatory Trading (CFTC Letter 14-12) (February 11, 2014).