CFTC Delegates Authority to NFA for Notices Concerning Swap Valuation Disputes (Fed. Reg.)

The CFTC authorized the NFA to receive, review, maintain and serve as the official custodian of records for notices provided by swap dealers and major swap participants of swap valuation disputes. The affected notices pertain to disputes in excess of $20 million (or its equivalent in any other currency) pursuant to CFTC Rule 23.502(c). The CFTC notice of authorization was published in the Federal Register.

The CFTC's authorization of the NFA will become effective on March 1, 2016.