October 22, 2018
The Commodity Futures Trading Commission is proposing rule amendments pursuant to its authority under section 4(c) of the Commodity Exchange Act to exempt from the clearing requirement set forth in section 2(h)(1) of the CEA certain swaps entered into by certain bank holding companies, savings and loan holding companies, and community development financial institutions.
See ABA's Derivatives page for more on this topic.
Ananda Radhakrishnan
SVP, Bank Derivatives Policy & Executive Director & General Counsel, ABASA
Contact Ananda
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