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Agencies Extend Comment Period for Proposed Rule to Amend Swap Margin Rules

Joint Release

Board of Governors of the Federal Reserve System

Farm Credit Administration

Federal Deposit Insurance Corporation

Federal Housing Finance Agency

Office of the Comptroller of the Currency

December 20, 2019

For release at 3:30 p.m. EST

WASHINGTON – Five federal agencies on Friday announced they will reopen and extend until January 23, 2020, the comment period on a proposal to change the swap margin rules to facilitate the implementation of prudent risk management strategies at certain banks and swap entities.

The agencies extended the comment period to allow interested persons more time to analyze the issues and prepare their comments, which were originally due by December 9, 2019.

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OCC: Stephanie Collins, (202) 649-6870

Last Updated: December 20, 2019