Transactions executed on or through the swap execution facility that are required to be cleared under section 2(h)(1)(A) of the Act or are voluntarily cleared by the counterparties shall be cleared through a Commission-registered derivatives clearing organization, or a derivatives clearing organization that the Commission has determined is exempt from registration.
authority: 7 U.S.C. 1a,
2,
5,
6,
6c,
7,
7a-2,
7b-3,
and,
as,
Pub. L. 111-203, 124 Stat. 1376
source: 78 FR 33582, June 4, 2013, unless otherwise noted.
cite as: 17 CFR 37.701