CFTC Chairman Giancarlo Unveils Swap Regulation Version 2.0

May 22, 2018

On April 26, 2018, Chairman J. Christopher Giancarlo and Chief Economist Bruce Tuckman of the U.S. Commodity Futures Trading Commission released a white paper entitled “Swap Regulation Version 2.0:  An Assessment of the Current Implementation of Reform and Proposals for Next Steps”. 

The White Paper covers five topics: (1) Regulation of swaps central counterparties; (2) Swap reporting; (3) Swaps execution; (4) Swap dealer capital; and (5) End-user exceptions.

The linked memo provides an overview of the White Paper and discusses potential implications and consequences associated with the White Paper’s proposals.