CFTC Approval of Phased Compliance for Swap Regulations

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On June 29, the CFTC approved a phased compliance program for certain swaps to non-U.S. swap dealers, non-U.S. major swap participants, U.S. swap dealers, U.S. major swap participants, and foreign branches of U.S. swap dealers and U.S. major swap participants. CFTC Release.