Board of Governors of the Federal Reserve System

Margin and Capital Requirements for Covered Swap Entities [R-1415]

The OCC, Board, FDIC, FCA, and FHFA are adopting and invite comment on an interim final rule that will exempt certain non-cleared swaps and non-cleared security-based swaps with certain counterparties that qualify for an exception or exemption from clearing from the initial and variation margin requirements promulgated under sections 731 and 764 of the Dodd-Frank Wall Street Reform and Consumer Protection Act.