Agencies extend comment period for proposed rule to amend swap margin rules

The following press release was published by the Board of Governors of the Federal Reserve System on Dec. 20, 2019. It is reproduced in full below.

Five federal agencies today announced they will reopen and extend until Jan. 23, 2020, the comment period on a proposal to change swap margin rules to facilitate the implementation of prudent risk management strategies at certain banks and swap entities.

The agencies extended the comment period to allow interested persons more time to analyze the issues and prepare their comments, which were originally due by December 9, 2019.

Source: Board of Governors of the Federal Reserve System