US Basel III Regulatory Capital Regime and Market Risk Final Rule

July 2012


Last week, the CFTC and SEC released final definitions of what is a “swap” or “security-based swap” (SBS) under the Dodd-Frank Act.

While the content of the product definitions rule is important and of interest, this FS Regulatory Brief discusses the projected timing for swap dealers (and major swap participants) to comply with major segments of the CFTC’s regulation of swaps. It includes an estimated timeline to help US and foreign swap dealers with tracking priorities for action. It also describes the proposed sequence that the SEC plans to follow to roll-out its regulations of SBS markets.

Contact us

Dan Ryan
US Banking and Capital Markets Leader
Tel: +1 (646) 471 8488

Alison Gilmore
US Asset and Wealth Management Marketing Leader
Tel: +1 (646) 471 0588