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:
For more information, see:
http://www.garydewaalandassociates.com/compliance-weeds-cftc-enacts-interpretive-guidance-and-passes-exemptive-order-regarding-cross-border-swaps-transactions/
http://www.garydewaalandassociates.com/news-developments-peace-is-at-hand-ec-and-cftc-announce-cross-border-accord/
The information contained in this article is not legal advice. For legal advice, please consult with your attorney. The information in this article is derived from sources believed to be reliable as of July 17, 2013, but no representation or warranty is made regarding the accuracy of any statement. To ensure compliance with requirements imposed by U.S. Treasury Regulations, Gary DeWaal and Associates LLC informs you that any U.S. tax advice contained in this communication (including any attachments) was not intended or written to be used, and cannot be used, for the purpose of (i) avoiding penalties under the Internal Revenue Code or (ii) promoting, marketing or recommending to another party any transaction or matter addressed herein. Gary DeWaal and Associates may represent one or more entities mentioned in this article.
Gary DeWaal's Bridging the Week -- Midweek (July 17, 2013): A Week that Was at the CFTC
Bridging the Week