CFTC Extends Swap Dealer De Minimis Threshold Until December 2019
On October 26, the Commodity Futures Trading Commission issued an Order that maintains the swap dealer de minimis threshold at $8 billion until a new de minimis threshold phase-in termination date of December 31, 2019. Prior to the Order, the threshold was set to decrease to $3 billion on December 31, 2018.
The CFTC continues to consider additional amendments to the de minimis exception, which could be implemented in 2018.
The CFTC press release is available here.