Title 17

PART 23

Part 23 - Swap Dealers And Major Swap Participants

PART 23 - SWAP DEALERS AND MAJOR SWAP PARTICIPANTS Authority:7 U.S.C. 1a, 2, 6, 6a, 6b, 6b-1, 6c, 6p, 6r, 6s, 6t, 9, 9a, 12, 12a, 13b, 13c, 16a, 18, 19, 21.

Section 23.160 also issued under 7 U.S.C. 2(i); Sec. 721(b), Pub. L. 111-203, 124 Stat. 1641 (2010).

Source:77 FR 2628, Jan. 19, 2012, unless otherwise noted.

17:1.0.1.1.22.1SUBPART A
Subpart A [Reserved]
17:1.0.1.1.22.2SUBPART B
Subpart B - Registration
17:1.0.1.1.22.2.7.1SECTION 23.21
   23.21 Registration of swap dealers and major swap participants.
17:1.0.1.1.22.2.7.2SECTION 23.22
   23.22 Prohibition against statutory disqualification in the case of an associated person of a swap dealer or major swap participant.
17:1.0.1.1.22.2.7.3SECTION 23.23
   23.23 Cross-border application.
17:1.0.1.1.22.2.7.4SECTION 23.24-23.40
   23.24-23.40 [Reserved]
17:1.0.1.1.22.3SUBPART E
Subpart E - Capital and Margin Requirements for Swap Dealers and Major Swap Participants
17:1.0.1.1.22.3.7.1SECTION 23.100
   23.100 Definitions applicable to capital requirements.
17:1.0.1.1.22.3.7.2SECTION 23.101
   23.101 Minimum financial requirements for swap dealers and major swap participants.
17:1.0.1.1.22.3.7.3SECTION 23.102
   23.102 Calculation of market risk exposure requirement and credit risk exposure requirement using internal models
17:1.0.1.1.22.3.7.4SECTION 23.103
   23.103 Calculation of market risk exposure requirement and credit risk requirement when models are not approved.
17:1.0.1.1.22.3.7.5SECTION 23.104
   23.104 Equity Withdrawal Restrictions.
17:1.0.1.1.22.3.7.6SECTION 23.105
   23.105 Financial recordkeeping, reporting and notification requirements for swap dealers and major swap participants.
17:1.0.1.1.22.3.7.7SECTION 23.106
   23.106 Substituted compliance for swap dealer's and major swap participant's capital and financial reporting.
17:1.0.1.1.22.3.7.8SECTION 23.107-23.149
   23.107-23.149 [Reserved]
17:1.0.1.1.22.3.7.9SECTION 23.150
   23.150 Scope.
17:1.0.1.1.22.3.7.10SECTION 23.151
   23.151 Definitions applicable to margin requirements.
17:1.0.1.1.22.3.7.11SECTION 23.152
   23.152 Collection and posting of initial margin.
17:1.0.1.1.22.3.7.12SECTION 23.153
   23.153 Collection and posting of variation margin.
17:1.0.1.1.22.3.7.13SECTION 23.154
   23.154 Calculation of initial margin.
17:1.0.1.1.22.3.7.14SECTION 23.155
   23.155 Calculation of variation margin.
17:1.0.1.1.22.3.7.15SECTION 23.156
   23.156 Forms of margin.
17:1.0.1.1.22.3.7.16SECTION 23.157
   23.157 Custodial arrangements.
17:1.0.1.1.22.3.7.17SECTION 23.158
   23.158 Margin documentation.
17:1.0.1.1.22.3.7.18SECTION 23.159
   23.159 Special rules for affiliates.
17:1.0.1.1.22.3.7.19SECTION 23.160
   23.160 Cross-border application.
17:1.0.1.1.22.3.7.20SECTION 23.161
   23.161 Compliance dates.
17:1.0.1.1.22.3.7.21SECTION 23.162-23.199
   23.162-23.199 [Reserved]
17:1.0.1.1.22.3.7.22.17APPENDIX Appendix A
   Appendix A to Subpart E of Part 23 - Application for Internal Models To Compute Market Risk Exposure Requirement and Credit Risk Exposure Requirement
17:1.0.1.1.22.3.7.22.18APPENDIX Appendix B
   Appendix B to Subpart E of Part 23 - Swap Dealer and Major Swap Participant Position Information
17:1.0.1.1.22.3.7.22.19APPENDIX Appendix C
   Appendix C to Subpart E of Part 23 - Financial Reports and Specific Position Information for Swap Dealers and Major Swap Participants Subject to the Capital Requirements of a Prudential Regulator
17:1.0.1.1.22.4SUBPART F
Subpart F - Reporting, Recordkeeping, and Daily Trading Records Requirements for Swap Dealers and Major Swap Participants
17:1.0.1.1.22.4.7.1SECTION 23.200
   23.200 Definitions.
17:1.0.1.1.22.4.7.2SECTION 23.201
   23.201 Required records.
17:1.0.1.1.22.4.7.3SECTION 23.202
   23.202 Daily trading records.
17:1.0.1.1.22.4.7.4SECTION 23.203
   23.203 Records; retention and inspection.
17:1.0.1.1.22.4.7.5SECTION 23.204
   23.204 Reports to swap data repositories.
17:1.0.1.1.22.4.7.6SECTION 23.205
   23.205 Real-time public reporting.
17:1.0.1.1.22.4.7.7SECTION 23.206
   23.206 Delegation of authority to the Director of the Division of Swap Dealer and Intermediary Oversight to establish an alternative compliance schedule to comply with daily trading records.
17:1.0.1.1.22.5SUBPART H
Subpart H - Business Conduct Standards for Swap Dealers and Major Swap Participants Dealing With Counterparties, Including Special Entities
17:1.0.1.1.22.5.7.1SECTION 23.400
   23.400 Scope.
17:1.0.1.1.22.5.7.2SECTION 23.401
   23.401 Definitions.
17:1.0.1.1.22.5.7.3SECTION 23.402
   23.402 General provisions.
17:1.0.1.1.22.5.7.4SECTION 23.403-23.409
   23.403-23.409 [Reserved]
17:1.0.1.1.22.5.7.5SECTION 23.410
   23.410 Prohibition on fraud, manipulation, and other abusive practices.
17:1.0.1.1.22.5.7.6SECTION 23.411-23.429
   23.411-23.429 [Reserved]
17:1.0.1.1.22.5.7.7SECTION 23.430
   23.430 Verification of counterparty eligibility.
17:1.0.1.1.22.5.7.8SECTION 23.431
   23.431 Disclosures of material information.
17:1.0.1.1.22.5.7.9SECTION 23.432
   23.432 Clearing disclosures.
17:1.0.1.1.22.5.7.10SECTION 23.433
   23.433 Communications - fair dealing.
17:1.0.1.1.22.5.7.11SECTION 23.434
   23.434 Recommendations to counterparties - institutional suitability.
17:1.0.1.1.22.5.7.12SECTION 23.435-23.439
   23.435-23.439 [Reserved]
17:1.0.1.1.22.5.7.13SECTION 23.440
   23.440 Requirements for swap dealers acting as advisors to Special Entities.
17:1.0.1.1.22.5.7.14SECTION 23.441-23.449
   23.441-23.449 [Reserved]
17:1.0.1.1.22.5.7.15SECTION 23.450
   23.450 Requirements for swap dealers and major swap participants acting as counterparties to Special Entities.
17:1.0.1.1.22.5.7.16SECTION 23.451
   23.451 Political contributions by certain swap dealers.
17:1.0.1.1.22.5.7.17.20APPENDIX Appendix A
   Appendix A to Subpart H of Part 23 - Guidance on the Application of §§ 23.434 and 23.440 for Swap Dealers That Make Recommendations to Counterparties or Special Entities
17:1.0.1.1.22.6SUBPART I
Subpart I - Swap Documentation
17:1.0.1.1.22.6.7.1SECTION 23.500
   23.500 Definitions.
17:1.0.1.1.22.6.7.2SECTION 23.501
   23.501 Swap confirmation.
17:1.0.1.1.22.6.7.3SECTION 23.502
   23.502 Portfolio reconciliation.
17:1.0.1.1.22.6.7.4SECTION 23.503
   23.503 Portfolio compression.
17:1.0.1.1.22.6.7.5SECTION 23.504
   23.504 Swap trading relationship documentation.
17:1.0.1.1.22.6.7.6SECTION 23.505
   23.505 End user exception documentation.
17:1.0.1.1.22.6.7.7SECTION 23.506
   23.506 Swap processing and clearing.
17:1.0.1.1.22.6.7.8.21APPENDIX
   Part 23, Subpart I, Appendix 1 - Exhibits A-D
17:1.0.1.1.22.7SUBPART J
Subpart J - Duties of Swap Dealers and Major Swap Participants
17:1.0.1.1.22.7.7.1SECTION 23.600
   23.600 Risk Management Program for swap dealers and major swap participants.
17:1.0.1.1.22.7.7.2SECTION 23.601
   23.601 Monitoring of position limits.
17:1.0.1.1.22.7.7.3SECTION 23.602
   23.602 Diligent supervision.
17:1.0.1.1.22.7.7.4SECTION 23.603
   23.603 Business continuity and disaster recovery.
17:1.0.1.1.22.7.7.5SECTION 23.604
   23.604 [Reserved]
17:1.0.1.1.22.7.7.6SECTION 23.605
   23.605 Conflicts of interest policies and procedures.
17:1.0.1.1.22.7.7.7SECTION 23.606
   23.606 General information: availability for disclosure and inspection.
17:1.0.1.1.22.7.7.8SECTION 23.607
   23.607 Antitrust considerations.
17:1.0.1.1.22.7.7.9SECTION 23.608
   23.608 Restrictions on counterparty clearing relationships.
17:1.0.1.1.22.7.7.10SECTION 23.609
   23.609 Clearing member risk management.
17:1.0.1.1.22.7.7.11SECTION 23.610
   23.610 Clearing member acceptance for clearing.
17:1.0.1.1.22.7.7.12SECTION 23.611
   23.611 Delegation of authority to the Director of the Division of Clearing and Risk to establish an alternative compliance schedule to comply with clearing member acceptance for clearing.
17:1.0.1.1.22.8SUBPART K
Subpart K [Reserved]
17:1.0.1.1.22.9SUBPART L
Subpart L - Segregation of Assets Held as Collateral in Uncleared Swap Transactions
17:1.0.1.1.22.9.7.1SECTION 23.700
   23.700 Definitions.
17:1.0.1.1.22.9.7.2SECTION 23.701
   23.701 Notification of right to segregation.
17:1.0.1.1.22.9.7.3SECTION 23.702
   23.702 Requirements for segregated initial margin.
17:1.0.1.1.22.9.7.4SECTION 23.703
   23.703 Investment of segregated initial margin.
17:1.0.1.1.22.9.7.5SECTION 23.704
   23.704 Requirements for non-segregated margin.