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Results: 1-10 of 79

CFTC addresses definition of eligible contract participant

  • Leonard, Street and Deinard
  • -
  • USA
  • -
  • October 13 2012

Section 723(a)(2) of the Dodd-Frank Wall Street Reform and Consumer Protection Act amended Section 2(e) of the Commodity Exchange Act, or CEA to provide that “it shall be unlawful for any person, other than an eligible contract participant, or ECP, to enter into a swap unless the swap is entered into on, or subject to the rules of, a board of trade designated as a contract market under section 5.”

ECP guarantor provisions in corporate credit agreements

  • Leonard, Street and Deinard
  • -
  • USA
  • -
  • April 29 2013

Many corporate credit agreements are supported by subsidiary guarantees. Those guarantees often include not only the guaranty of the obligations

ISDA: be ready for May 1 and standard swap confirmation

  • Leonard, Street and Deinard
  • -
  • Global
  • -
  • April 24 2013

By May 1, all counterparties must have provided their registered swap dealers with legal classifications and representations to allow the swap

CFTC Commissioners bicker about budget and performance report

  • Leonard, Street and Deinard
  • -
  • USA
  • -
  • April 12 2013

There continues to be significant public discord amongst the Commissioners at the CFTC. 2014 Budget; According to Commissioner Scott O’Malia “Given

CFTC reminds all swap counterparties of April 10 deadline to obtain a CICI identifier

  • Leonard, Street and Deinard
  • -
  • USA
  • -
  • March 20 2013

The Division of Market Oversight, or DMO, and Office of Data and Technology, or ODT of the CFTC have issued an advisory reminding all swap

Treasury issues foreign currency swap and forward exemption

  • Leonard, Street and Deinard
  • -
  • USA
  • -
  • November 21 2012

The Commodity Exchange Act, or CEA, as amended by Title VII of the Dodd-Frank Wall Street Reform and Consumer Protection Act, authorizes the Secretary of the Treasury to issue a written determination that foreign exchange swaps, foreign exchange forwards, or both, should not be regulated as swaps under the CEA

FSOC issues first annual report

  • Leonard, Street and Deinard
  • -
  • USA
  • -
  • July 28 2011

The Financial Stability Oversight Council, or FSOC, has issued its first annual report

CFTC’s initial attempts at data collection fail

  • Leonard, Street and Deinard
  • -
  • USA
  • -
  • March 21 2013

Since the beginning of 2013, the CFTC has required certain market participants to report their interest rate and credit index swap trades to a swap

CFTC approves final regulations governing exemption from required clearing for inter-affiliate swaps

  • Leonard, Street and Deinard
  • -
  • USA
  • -
  • April 1 2013

The CFTC has issued a final rule to exempt swaps between certain affiliated entities within a corporate group from the clearing requirement under the

CFTC provides no-action relief to swap dealers and major swap participants regarding certain recordkeeping obligations

  • Leonard, Street and Deinard
  • -
  • USA
  • -
  • October 29 2012

The CFTC has provided time-limited no-action relief for swap dealers, or SDs, and major swap participants, or MSPs, concerning certain recordkeeping obligations under Part 23 of the CFTC’s regulations