Federal Register #CFTC-2026-1620

CFTC Sunsets Large Trader Reporting Requirements for Physical Commodity Swaps

This opportunity involves a regulatory change by the Commodity Futures Trading Commission (CFTC) regarding reporting requirements for physical commodity swaps. - Government Buyer: - Commodity Futures Trading Commission (CFTC) - No OEMs or vendors are involved, as this is not a procurement action. - Products/Services Requested: - No products or services are being procured; the order eliminates certain reporting requirements. - Unique or Notable Requirements: - Sunsets large trader reporting requirements for physical commodity swaps under Part 20 - Eliminates routine position-reporting obligations for clearing organizations, clearing members, and swap dealers - CFTC retains authority to require maintenance and production of underlying books, records, and conversion methods on special call - Reflects the maturity of the CFTC's swap data reporting regime, which now provides comprehensive and timely data - Continued recordkeeping and ability for CFTC to request records as needed - No contract value, products, or services are being solicited or awarded in this action.

Description

The Commodity Futures Trading Commission (CFTC) is issuing a final order to sunset certain large trader reporting requirements for physical commodity swaps under Part 20 of its regulations. This order renders routine position-reporting requirements ineffective and unenforceable, eliminating the need for clearing organizations, clearing members, and swap dealers to file daily and event-based position reports. However, the Commission retains authority to require maintenance and production of underlying books, records, and futures-equivalent conversion methods on special call. This change reflects the maturity of the Commission's swap data reporting regime, which now provides comprehensive and timely data, making the Part 20 reports largely duplicative and costly to maintain.

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