Last week was a "Week that Was" at the CFTC (all apologies to Tom Lehr), when the Commission entered into a cross border swaps accord with the EC; issued a host of no-action letters to effectuate aspects of the accord; and passed Final Guidance and an Exemptive Order also related to cross border swaps transactions. Bridging the Week -- Midweek (July 17, 2013) discusses these items and more:
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