Federal Register #S7-2026-21

Joint CFTC and SEC Request for Comment on Swap and Security-Based Swap Definitions

This opportunity is a joint request for public comment from the Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC) regarding regulatory definitions for swaps and security-based swaps. - Government Buyer: - Commodity Futures Trading Commission (CFTC) - Securities and Exchange Commission (SEC) - No OEMs or vendors are involved, as this is not a procurement of products or services - Products/Services Requested: - No products or services are being requested - The agencies seek public input on: - Criteria to distinguish between swaps, security-based swaps, and mixed swaps - Approaches for alternative compliance mechanisms - Definitional boundaries, statutory exclusions, and transition rules for financial products - Unique/Notable Requirements: - Focus on regulatory definitions and compliance frameworks for innovative financial instruments - Input is sought to inform future rulemaking, not to purchase goods or services

Description

The Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC) jointly request public comment on clarifying regulatory definitions and compliance approaches related to swaps and security-based swaps. The request focuses on distinguishing regulatory lines for innovative financial products that may implicate both agencies' interests. The Commissions seek input on principled criteria to address interpretive questions and to enable alternative compliance mechanisms. Comments are due by August 24, 2026.

View original listing