"CFTC Effective Dates Timeline for Swaps Rules"

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On July 13, 2012, the CFTC and SEC adopted rules further defining the term “swap.” These rules were published in the Federal Register on August 13, 2012, and will take effect on October 12, 2012. The following timeline shows the estimated initial compliance dates for CFTC rules that are triggered by the publication of the final swap definition in the Federal Register.

Please see full chart below for more information.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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