Regulators Approve $8 Billion Threshold for Swaps Dealers | White & Case LLP International Law Firm, Global Law Practice
Regulators Approve $8 Billion Threshold for Swaps Dealers

Regulators Approve $8 Billion Threshold for Swaps Dealers

The Commodity Futures Trading Commission (CFTC) and Securities and Exchange Commission (SEC) adopted rules defining swap dealers.

The CFTC and SEC "seem to have taken a measured approach, and have considered the comments received to adopt rules that account for market realities," Ian Cuillerier, a partner in the derivatives practice at White & Case LLP in New York, said in an e-mail, adding that his firm is still studying the rule.