Abstract arrows illustration representing CFTC clearing framework changes for CAD and MXN interest rate swaps

CFTC Proposes Clearing Rule Changes for CAD and MXN Interest Rate Swaps

WASHINGTON, May 8, 2026 — The Commodity Futures Trading Commission on Friday proposed amendments to its swap clearing requirements that would replace mandatory clearing obligations tied to legacy benchmark rates for certain Canadian dollar- and Mexican peso-denominated interest rate swaps with requirements linked to overnight, nearly risk-free rates.