CFTC finalizes MSP, ECP definitions

Two agencies charged under the Dodd-Frank Act with regulating the nation’s massive derivatives marketplace finalized long-awaited rules defining the range of swaps participants. The key rules that define which entities will face new requirements under the act have been the subject of heated debate. In the second part of this three-part report, Dodd Frank Update examines the CFTC’s new “major swap participant” and “eligible contract participant” definitions.