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The Commodity Futures Trading Commission (CFTC) has amended the margin rules for uncleared swaps for swap dealers and major swap participants without a prudential regulator. The new rules allow for a minimum transfer amount (MTA) of up to $50,000 for each separately managed account (SMA) of a legal entity. They also permit separate MTAs for initial and variation margin, provided they don't exceed $500,000 combined. These changes aim to reduce operational burdens while ensuring the swaps market continues to function smoothly and safely.

The Commodity Futures Trading Commission (CFTC) has adopted a final rule that establishes two exemptions from the requirement to execute certain swaps on regulated trading platforms. Swaps that qualify for clearing exemptions under existing regulations can now also be exempt from this execution requirement. Additionally, swaps made between eligible affiliate counterparties can be exempted from being executed on these platforms, even if these swaps are cleared. This rule aims to reduce unnecessary costs and enhance flexibility for specific types of swap transactions.

The Commodity Futures Trading Commission (CFTC) has finalized new rules to address several operational challenges faced by Swap Execution Facilities (SEFs) and their market participants. These changes include eliminating the requirement for SEFs to capture and retain post-execution allocation information in their audit trail data. Additionally, the financial resources requirements have been amended to reduce burdens on SEFs while ensuring compliance with regulatory standards. The rules also simplify the duties and reporting requirements of a Chief Compliance Officer, allowing more flexibility and efficiency in SEF operations.