In this issue:
- The 113th Congress
- Securities and Exchange Commission
- Commodity Futures Trading Commission (CFTC)
- The Administration
- Private Equity Growth Capital Council (PEGCC)
- Excerpt from: Commodity Futures Trading Commission (CFTC)-
No Action Relief on Cross-Border Swaps -
Two weeks after releasing controversial guidance that a non-U.S. swap dealer registered with the Commission must comply with the transaction-level requirements of Dodd-Frank when entering into a swap with a non-U.S. person if the swap is arranged, negotiated, or executed by personnel or agents located in the United States, the CFTC extended the requirement date until January 14, 2014 via a No Action Letter.
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