Dodd-Frank Swap Reporting Update

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The CFTC and the SEC have released rules that will require swap parties to report all security-based and all other swap transactions entered into before July 21, 2010, and that have not expired as of that date.

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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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