CFTC Eyes Utility Swaps: Extend Your Records Now!
Published Date: 3/24/2026
Notice
Summary
The Commodity Futures Trading Commission (CFTC) is extending its rules on keeping records for certain swap transactions, especially those involving utility companies. This means some utility-related swaps won’t count toward a small-transaction exemption anymore. If you’re involved in these swaps, get ready to keep better records and share your thoughts by May 26, 2026!
Analyzed Economic Effects
2 provisions identified: 0 benefits, 2 costs, 0 mixed.
Swaps Recordkeeping: Large Time Burden
If you are a futures commission merchant (FCM), retail foreign exchange dealer (RFED), introducing broker (IB), a member of a designated contract market (DCM) or a swap execution facility (SEF), or another affected registrant, you remain subject to CFTC swap recordkeeping rules (regs 1.3, 1.31, 1.33, 1.35, 1.37, and 1.39). The CFTC estimates 15,528 respondents with an average 154 annual burden hours per respondent and a total annual burden of 2,396,700 hours for these recordkeeping requirements.
Utility-Swaps Exclusion: Keep Written Proof
If you claim the exclusion for "utility operations-related swaps" with "utility special entities" from the de minimis swap dealer threshold, you must retain any written representations you receive from those utility special entities in accordance with CFTC regulation 1.31. This requirement flows from the amendment that permits excluding such swaps in calculating the de minimis threshold.
Your PRIA Score
Personalized for You
How does this regulation affect your finances?
Sign up for a PRIA Policy Scan to see your personalized alignment score for this federal register document and every other regulation we track. We analyze your financial profile against policy provisions to show you exactly what matters to your wallet.
Key Dates
Department and Agencies
Related Federal Register Documents
2026-05635 — Application of the Federal Securities Laws to Certain Types of Crypto Assets and Certain Transactions Involving Crypto Assets
Starting March 23, 2026, the SEC and CFTC are making it clear that some crypto assets and transactions must follow federal securities laws. This means crypto companies and investors need to play by new rules to keep things fair and safe. Expect more transparency and possible costs for compliance as the government steps up oversight in the crypto world.
2026-05314 — Request for Information on Climate-Related Financial Risk; Withdrawal
The Commodity Futures Trading Commission (CFTC) is officially canceling its 2022 request for information about climate-related financial risks. This change affects companies involved in derivatives and commodities markets, as the government rolled back the climate-focused rules in early 2025. No new costs or deadlines come with this withdrawal, so businesses can keep following existing financial risk rules without extra hassle.
2026-05105 — Prediction Markets
The Commodity Futures Trading Commission (CFTC) is asking for your thoughts on prediction markets—places where people bet on future events. They want to know what rules should apply, which bets might be off-limits, and how these markets impact everyone. If you have ideas, send them by April 30, 2026, because this could lead to new rules that affect traders and the public.
2026-03983 — Agency Information Collection Activities Under OMB Review
The Commodity Futures Trading Commission is asking for public feedback on a new information collection plan that could affect traders and companies. They want to make sure the paperwork isn’t too much of a hassle and are open to comments until March 30, 2026. This review helps keep things fair and clear without costing too much time or money.
2025-23150 — Proposal To Provide Exemptive Relief To Facilitate Cross-Margining of Customer Positions Cleared at Chicago Mercantile Exchange, Inc. and Fixed Income Clearing Corporation
The CFTC wants to make it easier for certain broker-dealers who work with both the Chicago Mercantile Exchange and the Fixed Income Clearing Corporation to combine customer funds in one account. This change helps these firms manage money more smoothly and could save time and costs. If you’re involved, get ready to share your thoughts by January 16, 2026!
2025-22807 — Fees for Reviews of the Rule Enforcement Programs of Designated Contract Markets and Registered Futures Associations
The Commodity Futures Trading Commission (CFTC) is charging fees to certain trading markets and futures groups to cover the costs of checking their rule enforcement programs. These fees are based on costs from the past three years and must be paid by February 13, 2026. If you’re part of a designated contract market or the National Futures Association, get ready to pay up on time!
Previous / Next Documents
Previous: 2026-05719 — Proposed Data Collection Submitted for Public Comment and Recommendations
The CDC wants your thoughts on a new data collection project to check how well a program fighting domestic violence is working. This affects groups involved in the DELTA cooperative agreement and aims to make sure the info collected is useful without being a hassle. You’ve got until May 26, 2026, to share your ideas—no money changes yet, just a chance to help shape the process!
Next: 2026-05722 — Beautifying Transportation Infrastructure Council; Public Meeting
The Beautifying Transportation Infrastructure Council is holding a free virtual meeting on March 31, 2026, to share ideas on making roads, bridges, and transit spots look better while keeping them safe and efficient. This affects anyone who uses or cares about transportation spaces, with no direct costs but big potential for future improvements. Join in to see how your daily travel spots might get a fresh, fun makeover!
Take It Personal
Get Your Personalized Policy View
Start a Free Government Policy Watch to see how policy affects your household, then upgrade to PRIA Full Coverage for year-round monitoring.
Already have an account? Sign in