---
kind: "section"
citation: "17 C.F.R. § 37.12"
title: "17"
number: "37.12"
heading: "Trade execution compliance schedule."
url: "https://uscodex.org/cfr/17/37.12"
---

# §37.12. Trade execution compliance schedule.

- (a) A swap transaction shall be subject to the requirements of section 2(h)(8) of the Act upon the later of:
  - (1) The applicable deadline established under the compliance schedule provided under [§ 50.25(b)](/cfr/17/50.25.md?p=b) of this chapter; or
  - (2) Thirty days after the available-to-trade determination submission or certification for that swap is, respectively, deemed approved under [§ 40.5](/cfr/17/40.5.md) of this chapter or deemed certified under [§ 40.6](/cfr/17/40.6.md) of this chapter.
- (b) Nothing in this section shall prohibit any counterparty from complying voluntarily with the requirements of section 2(h)(8) of the Act sooner than as provided in [paragraph (a)](#a) of this section.

## Notes

### Amendments

[78 FR 33630, June 4, 2013]

### Authority

Authority: 7 U.S.C. 1a, 2, 5, 6, 6c, 7, 7a-2, 7b-3, and 12a, as amended by Titles VII and VIII of the Dodd-Frank Wall Street Reform and Consumer Protection Act, Pub. L. 111-203, 124 Stat. 1376.

### Source

Source: 78 FR 33582, June 4, 2013, unless otherwise noted.

### Amendments

[78 FR 33630, June 4, 2013]