Bloomberg News

Cftc Votes 5-0 to Adopt Rule on Swaps Data Recordkeeping

December 20, 2011

Dec. 20 (Bloomberg) -- The U.S. Commodity Futures Trading Commission approved a rule requiring swap data repositories to keep digital information about swaps immediately accessible during the life of the swap and for five years after its termination.

The swaps recordkeeping rule, required by the Dodd-Frank Act, passed with a 5-0 vote at a meeting today in Washington.

To contact the reporter on this story: Jesse Hamilton in Washington at jhamilton33@bloomberg.net

To contact the editor responsible for this story: Lawrence Roberts at lroberts13@bloomberg.net


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