; and (2) in paragraph (3)(D)— (A) in clause (ii), by striking shall, to the maximum extent practicable, and inserting shall ; and (B) by adding at the end the following: (iii) Financial models To the extent that swap dealers and major swap participants that are banks are permitted to use financial models approved by the prudential regulators or the Securities and Exchange Commission to calculate minimum capital requirements and minimum initial and variation margin requirements, including the use of non-cash collateral, the Commission shall, in consultation with the prudential regulators and the Securities and Exchange Commission, permit the use of comparable financial models by swap dealers and major swap participants that are not banks. . (b) Securities exchange act of 1934 Section 15F(e) of the Securities Exchange Act of 1934 ( 15 U.S.C. 78o–10(e) ) is amended— (1) in paragraph (2)(B), by striking shall and inserting the following: and the Commodity Futures Trading Commission, in consultation with the prudential regulators, shall jointly ; and (2) in paragraph (3)(D)— (A) in clause (ii), by striking shall, to the maximum extent practicable, and inserting shall