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

Joint Release

December 20, 2019

Press 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


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

WASHINGTON – Five federal agencies on Friday 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.

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Read Notice of Reopening of Comment Period


Media Contacts:

FCA

Emily Yaghmour

(703) 883-4066

FDIC

Brian Sullivan

(202) 898-6534

FHFA

Stefanie Johnson

(202) 649-3030

Federal Reserve Board

Darren Gersh

(202) 452-2955

OCC

Stephanie Collins

(202) 649-6870

 

FDIC: PR-125-2019

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