physical commodity swaps

CFTC Temporary Relief for Large Trader Physical Commodity Swap Reporting

On September 16, the CFTC provided temporary relief from regulations mandating large trader reporting of physical commodity swaps, the effective date of which was September 20. Reflief is provided from reporting, as long as parties make a good faith attempt to comply with the reporting requirements, until November 12 for cleared swaps and January 20, 2012 for uncleared swaps. CFTC Release. CFTC Final Rule.