December 23, 2019 / Source: OCC

News Release 2019-152 | December 20, 2019

Agencies Extend Comment Period for Proposed Rule to Amend Swap Margin Rules

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Joint Release

Board of Governors of the Federal Reserve System
Farm Credit Administration
Federal Deposit Insurance Corporation
Federal Housing Finance Agency
Office of the Comptroller of the Currency

Five federal agencies today announced they will reopen and extend until January 23, 2020, the comment period on a proposal to change the swap margin rules to facilitate the implementation of prudent risk management strategies at certain banks and swap entities.  

The agencies extended the comment period to allow interested persons more time to analyze the issues and prepare their comments, which were originally due by December 9, 2019.

Related Link

• Federal Register Notice (PDF)

Media Contacts

FCA
Emily Yaghmour
(703) 883-4066

FDIC
Julianne Breitbeil
(202) 898-6895

FHFA
Stefanie Johnson
(202) 649-3030

Federal Reserve Board
Darren Gersh
(202) 452-2955

OCC
Stephanie Collins
(202) 649-6870