Topic
Swaps
164 published works
Corporate & Financial Weekly Digest
SEC Adopts Registration Rules for Security-Based Swap Dealers and Major Security-Based Swap Participants
By Guy C. Dempsey Jr., Ross Pazzol
On August 5, the Securities and Exchange Commission adopted new registration rules for security-based swap dealers and major security-based swap participants (SBS entities). In general, an SBS entity would register…
Securities Law Prof Blog
SEC Proposes Cross-Border Security-Based Swap Rules Regarding Activity in the U.S.
Details are available here.
Corporate & Financial Weekly Digest
CFTC Issues No-Action Relief to SEFs and DCMs in Connection with Swaps with Operational or Clerical Errors
By Kevin M. Foley, Timothy D. Kertland
On April 22, the Commodity Futures Trading Commission’s Division of Market Oversight and Division of Clearing and Risk (Divisions) issued CFTC Letter No. 15-24 to provide no-action relief to enable…
Derivatives & Repo Report
The “Repeal” of the Swaps Push-Out Rule: A Q&A For The Buy-Side
Section 716 of the Dodd-Frank Act ("DFA"), commonly called the "Swaps Push-Out Rule," has been a point of contention from the time of its enactment in 2010. Last month, this provision…
Corporate & Financial Weekly Digest
CFTC Staff Grants No-Action Relief to Entities Operating Insurance-Linked Securities Issuers
On December 18, 2014, the Commodity Futures Trading Commission’s Division of Swap Dealer and Intermediary Oversight (DSIO) issued a letter granting relief from commodity pool operator (CPO) registration to certain…
Corporate and Securities Law
New Legislation Exempts Swap End Users From Margin Requirements
Banking, Finance and Securities
CFTC staff extends no-action relief – allows four foreign clearing organizations to continue clearing swaps for US persons
On December 18, 2014, the Commodity Futures Trading Commission’s (“CFTC’s”) Division of Clearing and Risk (“DCR”) issued extensions of previously granted “No-Action” relief to four foreign clearing organizations. The relief…
Banking, Finance and Securities
CFTC staff extends no-action relief – allows four foreign clearing organizations to continue clearing swaps for US persons
On December 18, 2014, the Commodity Futures Trading Commission’s (“CFTC’s”) Division of Clearing and Risk (“DCR”) issued extensions of previously granted “No-Action” relief to four foreign clearing organizations. The relief…
Corporate and Securities Law
CFTC Gives Treasury Affiliates More Relief From Clearing Requirements
Banking, Finance and Securities
CFTC proposes revised test for embedded volume options
On November 3, 2014, the CFTC approved a proposal to revise the often confusing “seven-part” test for forward contracts with embedded volume options that the CFTC announced in its final…