CFTC Publishes Proposed Interpretative Guidance With Respect to the Cross-Border Application of Certain Swaps Provisions of the Commodity Exchange Act
On June 28 2012, the Commodity Futures Trading Commission (the "CFTC") proposed interpretative guidance (the "Interpretive Guidance") regarding the cross-border application of certain swap provisions of the Commodity Exchange Act (the "CEA") and requested comments in relation to the Interpretive Guidance. The comment period is open for 45 days following publication of the Interpretive Guidance in the Federal Register.
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