Non-cleared swap

Non-cleared swap means a swap that is not cleared by a derivatives clearing organization registered with the Commodity Futures Trading Commission pursuant to section 5b of the Commodity Exchange Act of 1936 (7 U.S.C. 7a1(a)) or by a clearing organization that the Commodity Futures Trading Commission has exempted from registration by rule or order pursuant to section 5b(h) of the Commodity Exchange Act of 1936 (7 U.S.C. 7a1(h)).

Source

12 CFR § 349.2


Scoping language

None
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