Further Proposed Guidance Regarding Compliance with Certain Swap Regulations (CFTC - Fed. Reg. Version)

On December 21, 2012, the CFTC published a final order pursuant to CEA Section 4(c)that granted market participants temporary conditional relief from certain provisions of the CEA, as amended by Dodd-Frank Title VII. With the issuance of the final order, the CFTC also issued #8220;further proposed guidance#8221; regarding the definition of #8220;U.S. Person#8221; and the aggregation rules for determining whether a person exceeds the swap dealer de minimis thresholds; the CFTC invited public comment on this further proposed guidance. The proposed guidance has been published separately in the Federal Register.

Comments Due: February 6, 2013.

View rule release: 78 FR 909.