Chapman and Cutler discuss CFTC No-Action Relief for End-Users from the Swaps Clearing Requirement

The Division of Clearing and Risk (the “Division”) of the Commodity Futures Trading Commission (the “CFTC”) recently issued no-action relief for certain treasury affiliates within non-financial companies from the clearing requirements of Section 2(h)(1) of the Commodity Exchange Act (“CEA”).

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Editor's Tweet: Chapman and Cutler discuss CFTC No-Action Relief for End-Users from the Swaps Clearing Requirement http://wp.me/p2Xx5U-15y

SEC Proposes Cross-Border Security-Based Swap Rules

On May 1, 2013, the Securities and Exchange Commission took long-awaited action to propose rules governing cross-border activities in security-based swaps. The SEC’s proposal, developed over the course of more than two years, reflects a holistic approach that differs in …

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Editor's Tweet: Annette Nazareth discusses the SEC's Proposed Cross-Border Security-Based Swap Rules

Sullivan & Cromwell discusses the CFTC’s final rules on the Inter-Affiliate Swap Clearing Exemption

On April 1, 2013, the Commodity Futures Trading Commission (the “CFTC”) voted four to one to adopt final rules implementing an exemption from the mandatory clearing requirement (the “Clearing Mandate”) under section 2(h) of the Commodity Exchange Act, as amended …

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Editor's Tweet: Sullivan & Cromwell discusses the CFTC's final rules on the Inter-Affiliate Swap Clearing Exemption: