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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CFTC ends gag rule
The change comes a few weeks after the SEC ended its own “no-deny” policy.
Alexander Barzacanos2 min read
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GRIP Extra: SCOTUS affirms SEC disgorgement power, EU unveils tech sovereignty package
Our in-brief roundup of notable stories from the last week.
GRIP3 min read
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Second prediction market insider trading case targets Google employee
A Google software engineer allegedly used confidential search data to make around $1.2m on “near-perfect” search term predictions.
Alexander Barzacanos2 min read
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GRIP Extra: Bank of Canada issues stability report, CFTC clears way for perpetual contracts
Our in-brief roundup of notable stories from the last week.
GRIP3 min read
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SEC and CFTC propose major Form PF relief for private fund advisers
Firms, however, must maintain strict adherence to existing requirements until these changes are officially adopted.
Janaya Moscony | SEC31 min read
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GRIP Extra: FDIC proposes stablecoin AML/CFT rules, MiCA undergoes first review
Our in-brief roundup of notable stories from the last week.
GRIP3 min read
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CFTC issues new enforcement cooperation policy
The advisory gives market participants even more opportunity for full enforcement declinations.
Alexander Barzacanos1 min read
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SEC ends gag rule
For more than 50 years, the rule prohibited settling defendants from publicly denying the SEC’s claims.
Alexander Barzacanos2 min read
