17 CFR § 50.5 - Swaps exempt from a clearing requirement.

---
identifier: "/us/cfr/t17/s50.5"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "17 CFR § 50.5 - Swaps exempt from a clearing requirement."
title_number: 17
title_name: "Commodity and Securities Exchanges"
section_number: "50.5"
section_name: "Swaps exempt from a clearing requirement."
chapter_name: "COMMODITY FUTURES TRADING COMMISSION"
part_number: "50"
part_name: "CLEARING REQUIREMENT AND RELATED RULES"
positive_law: false
currency: "2026-04-05"
last_updated: "2026-04-05"
format_version: "1.1.0"
generator: "[email protected]"
authority: "7 U.S.C. 2(h), 6(c), and 7a-1, as amended by Pub. L. 111-203, 124 Stat. 1376."
regulatory_source: "77 FR 44455, July 30, 2012, unless otherwise noted."
cfr_part: "50"
---


# 50.5 Swaps exempt from a clearing requirement.

(a) Swaps entered into before July 21, 2010 shall be exempt from the clearing requirement under § 50.2 of this part if reported to a swap data repository pursuant to section 2(h)(5)(A) of the Act and § 46.3(a) of this chapter.

(b) Swaps entered into before the application of the clearing requirement for a particular class of swaps under §§ 50.2 and 50.4 of this part shall be exempt from the clearing requirement if reported to a swap data repository pursuant to section 2(h)(5)(B) of the Act and either § 46.3(a) or §§ 45.3 and 45.4 of this chapter, as appropriate.