All records are to be retained throughout the life of the swap and then for a period of at least five years following its final termination.
Record retrieval
The records must be readily accessible via real time electronic access throughout the life of the swap and for two years following its final termination.
The records must be retrievable within three business days for the remainder of the retention period following final termination.
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GRIP Extra: AMLA begins groundwork for direct supervision, White House unveils federal AI framework
Our in-brief roundup of notable stories from the last week.
GRIP3 min read
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SEC and CFTC act ahead of Congress with joint crypto guidance
The guidance says most digital assets are not securities but stops short of creating a full market framework.
Alexander Barzacanos3 min read
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SEC, CFTC sign cooperation memo
The agreement replaces the agencies’ 2018 memorandum and sets out updated procedures for how they can work better together, and apart, from one another.
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Atkins discusses CFTC-SEC harmonization and regulatory simplification
Atkins called for non-duplicative SEC-CFTC oversight and more straightforward approval of new products.
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CFTC’s Selig signals green light for crypto perpetuals
The derivative contracts, which trade widely offshore, will likely soon come to US markets with faster listings via self-certification.
Alexander Barzacanos1 min read
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CFTC: Yes, we can police prediction market insider trading
The CFTC asserts itself in previously murky regulatory waters.
Alexander Barzacanos3 min read
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On the eve of Valentine’s Day, regulators warn of romance-driven scams
As Valentine’s Day approaches, several US regulators are confronting a costly form of fraud.
Vlada Gurvich4 min read
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Atkins glosses SEC agenda in House speech
The SEC chief touched on his plans to “Make IPOs great again,” review the costs of the Consolidated Audit Trail and PCAOB, and support crypto clarity.
Alexander Barzacanos2 min read
