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News Release

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

FOR IMMEDIATE RELEASE
12/20/2019

Joint Release

Board of Governors of the Federal Reserve System

Farm Credit Administration

Federal Deposit Insurance Corporation

Federal Housing Finance Agency

Office of 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.

Link to Notice

Attachments:

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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

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