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Dodd-Frank Regulatory Reform Rules

TREAS - Final determination of foreign exchange swaps and foreign exchange forwards under the commodity exchange act.

Summary:
The final determination exempts foreign exchange swaps and foreign exchange forwards from the definition of "swap" under the Commodity Exchange Act ("CEA"). On October 28, 2010, the Treasury previously solicited public comment on a wide range of issues relating to whether foreign exchange swaps and foreign exchange forwards should be exempt from the definition of the term "swap" under the CEA (75 FR 66426). The notice of proposed determination seeking to exempt foreign exchange swaps and foreign exchange forwards from the definition of the term "swap" under the CEA was published on May 5, 2011 (76 FR 25774).

Dates:

Published: 11/20/2012
Effective Date(s): 11/20/2012

Submit Your Comments:

Comment period is closed.

Agency Information:

Agency: TREAS
Agency Reference: 77 FR 69694

DFA Section(s):

721

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