Delta Strategy Group Summary: Final CFTC Cross-Border Guidance and Accompanying Exemptive Order

The Delta Strategy Group released a summary of the final CFTC Interpretive Guidance on Cross-Border Application of CFTC Rules and Regulations under the Dodd-Frank Act, and the Exemptive Order which sets compliance dates for certain swap regulations.

See: Click here to see the Final CFTC Cross-Border Guidance Summary from Delta Strategy Group.CFTC Documents: CFTC Final Cross-Border Interpretive Guidance;CFTC Exemptive Order.Related News: CFTC Commissioner O'Malia Dissents from CFTC Cross-Border Guidance Statement(with Lofchie Comment) (July 18, 2013); CFTC Cross-Border Issues for U.S. and Non-U.S. Swap Dealers: Next Steps (with Cadwalader Timelines) (July 16, 2013); CFTC Posts "Cross-Border Guidance" and "Cross-Border Exemptive Order" for Swaps (July 15, 2013);CFTC Approves Cross-Border Guidance and Exemptive Order (with Lofchie Comment) (July 12, 2013); CFTC Staff Issues Four No-Action Letters on Cross-Border Swaps Issues (Letters 13-43, 13-44, 13-45, 13-46)(with Lofchie Comment) (July 11, 2013).