Latest Articles

In July 2012, the Commodity Futures Trading Commission (“CFTC”) and the Securities Exchange Commission (“SEC” and, together with the CFTC, the “Commissions”) jointly adopted new rules and interpretations (the “Definitions Release”) to define the terms “swap,” “security-based swap,” and “security-based swap agreement” (collectively, “Product Definitions”), to provide for the joint regulation by the Commissions of “mixed swaps” and to impose record-keeping requirements with respect to “security-based swap agreements.” The Definitions Release was published in the…