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News ReleaseFarm Credit Administration
1501 Farm Credit Drive
McLean, Virginia 22102-5090

Print-friendly version => NR11-13_23June11_Swap Margin Rule Comment Period Extension_Press Release.pdfNR11-13_23June11_Swap Margin Rule Comment Period Extension_Press Release.pdf

Attachment => FCA RIN-3052-AC69_Extend Comment Period_Swap Margin Rule.pdfFCA RIN-3052-AC69_Extend Comment Period_Swap Margin Rule.pdf

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

For Immediate Release
June 23, 2011
FCA NR 11-13
Agencies Extend Comment Period on Swap Margin and Capital Proposed Rulemaking

Five federal agencies have approved and will submit a Federal Register notice that extends the comment period on a proposed rule to establish margin and capital requirements for swap dealers, major swap participants, security-based swap dealers, and major security-based swap participants as required by the Dodd-Frank Wall Street Reform and Consumer Protection Act. The comment period was extended to July 11, 2011, to allow interested persons more time to analyze the issues and prepare their comments. Originally, comments were due by June 24, 2011.

The proposal was issued by the Federal Reserve Board, the Farm Credit Administration, the Federal Deposit Insurance Corporation, the Federal Housing Finance Agency, and the Office of the Comptroller of the Currency.
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Media Contacts:
Federal Reserve Barbara Hagenbaugh (202) 452-2955
FCA Christine Quinn (703) 883-4108
FDIC Greg Hernandez (202) 898-6984
FHFA Corinne Russell (202) 414-6921
OCC Bryan Hubbard (202) 874-5770