CFTC System Safeguards Rules
Risk analysis, testing, incident response and systems safeguards obligations for derivatives market entities.
Sectors
Articles (41)
Scope.Definitions.Procedures for registration.Procedures for implementing derivatives clearing organization rules and clearing new products.Review of swaps for Commission determination on clearing requirement.Exemption from derivatives clearing organization registration.Enforceability.Fraud in connection with the clearing of transactions on a derivatives clearing organization.Scope.Compliance with core principles.Financial resources.Participant and product eligibility.Risk management.Settlement procedures.Treatment of funds.Default rules and procedures.Rule enforcement.System safeguards.Reporting.Recordkeeping.Public information.Information sharing.Antitrust considerations.Governance.Conflicts of interest.Composition of governing boards.Legal risk considerations.Scope.Election to become subject to the provisions of this subpart.Financial resources requirements for systemically important derivatives clearing organizations and subpart C derivatives clearing organizations.System safeguards for systemically important derivatives clearing organizations and subpart C derivatives clearing organizations.Default rules and procedures for uncovered credit losses or liquidity shortfalls (recovery) for systemically important derivatives clearing organizations and subpart C derivatives clearing organizations.Risk management for systemically important derivatives clearing organizations and subpart C derivatives clearing organizations.Additional disclosure for systemically important derivatives clearing organizations and subpart C derivatives clearing organizations.Efficiency for systemically important derivatives clearing organizations and subpart C derivatives clearing organizations.Recovery and wind-down for systemically important derivatives clearing organizations and subpart C derivatives clearing organizations.Consistency with the Principles for Financial Market Infrastructures.Special enforcement authority for systemically important derivatives clearing organizations.Advance notice of material risk-related rule changes by systemically important derivatives clearing organizations.Scope.Compliance with the core principles through compliance with home country regulatory regime.