CFTC Solicits Comments Regarding Cross-Border Applicability Rules for Non-U.S. Swap Dealers and Non-U.S. Counterparties (Fed. Reg.)
The CFTC published a request for comments regarding the Staff Advisory issued on November 14, 2013, in the Federal Register. The CFTC is soliciting comments regarding the activity in the United States of swap dealers ("SDs") and major swap participants ("MSPs") registered with the CFTC that are established in jurisdictions other than the United States, whether or not affiliates of a U.S. person, a "non-U.S. SD" or "non-U.S. MSP." Comments are due on March 10, 2014.
See: 79 FR 1347.Related News: CFTC Issues Advisory on Applicability of Transaction-Level Requirements in Certain Cross-Border Situations (CFTC Letter 13-69) (with Lofchie Comment) (November 14, 2013); CFTC Requests Comment Regarding Activities of Non-U.S. Swap Dealers and O'Malia Dissents (with Lofchie Comment) (January 3, 2013).