17 C.F.R. · Commodity and Securities Exchanges
17 C.F.R. § 39.21

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17 C.F.R. § 39.21 — Public information.

§ 39.21 Public information. (a) General. A derivatives clearing organization shall provide to market participants sufficient information to enable the market participants to identify and evaluate accurately the risks and costs associated with using the services of the derivatives clearing organization. In furtherance of the objective in this paragraph (a), a derivatives clearing organization shall have clear and comprehensive rules and procedures. (b) Availability of information. A derivatives clearing organization shall make information concerning the rules and the operating and default procedures governing the clearing and settlement systems of the derivatives clearing organization available to market participants. (c) Public disclosure. A derivatives clearing organization shall make the following information readily available to the general public, in a timely manner, by posting such information on the derivatives clearing organization's website, unless otherwise permitted by the Commission: (1) The terms and conditions of each contract, agreement, and transaction cleared and settled by the derivatives clearing organization; (2) Each clearing and other fee that the derivatives clearing organization charges its clearing members; (3) Information concerning its margin-setting methodology; (4) The size and composition of the financial resource package available in the event of a clearing member default, updated as of the end of the most recent fiscal quarter or upon Commission request and posted as promptly as practicable after submission of the report to the Commission under § 39.11(f)(1)(i)(A); (5) Daily settlement prices, volume, and open interest for each contract, agreement, or transaction cleared or settled by the derivatives clearing organization, posted no later than the business day following the day to which the information pertains; (6) The derivatives clearing organization's rulebook, including rules and procedures for defaults in accordance with § 39.16; (7) A current list of all clearing members; (8) A list of all swaps that the derivatives clearing organization will accept for clearing that identifies which swaps on the list are required to be cleared, in accordance with § 50.3(a) of this chapter; and (9) Any other information that is relevant to participation in the clearing and settlement activities of the derivatives clearing organization. [76 FR 69430, Nov. 8, 2011, as amended at 85 FR 4861, Jan. 27, 2020]

Source: ecfr.gov · govinfo.gov — public domain Official Source ↗
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17 C.F.R. § 39.21
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The regulatory text of 17 C.F.R. § 39.21 is reproduced from the official Code of Federal Regulations as published by the Office of the Federal Register and the National Archives and Records Administration.
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