Rule lifecycle · RIN:3038-AF69
Clearing Requirement Determination Under Section 2(h) of the Commodity Exchange Act for Interest Rate Swaps To Account for CAD and MXN Interest Rate Benchmark Transitions
Commodity Futures Trading Commission — observed across 2 documents over 119 days. Use the source documents below before deciding whether this affects your business.
In plain English
The government is updating which interest rate swaps must be cleared through central trading marketplaces as Canada and Mexico transition to new interest rate benchmarks. Small businesses that use Canadian or Mexican interest rate swaps should verify their agreements comply with the updated rules by October 8th.
First seen
May 12, 2026
Last seen
Sep 8, 2026
Latest stage
Rule
PRORULE → RULE
119d
Effective on
Thursday, October 8, 2026
Stage timeline
Proposed·May 12, 2026·91 FR 25812
Clearing Requirement Determination Under Section 2(h) of the Commodity Exchange Act for Interest Rate Swaps to Account for CAD and MXN Interest Rate Benchmark Transitions
comments close Jun 11, 2026#2026-09428
Final·Sep 8, 2026·91 FR 57063
Clearing Requirement Determination Under Section 2(h) of the Commodity Exchange Act for Interest Rate Swaps To Account for CAD and MXN Interest Rate Benchmark Transitions
effective Oct 8, 2026#2026-18212