The Division of Swap Dealer and Intermediary Oversight of the Commodity Futures Trading Commission (the “CFTC”) has issued CFTC Letter No. 12-45 dated December 7, 2012 (“Letter 12-45”) relating to the status of securitization vehicles as “commodity pools” because of their use of swaps.
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More relief from the CFTC relating to the “commodity pool” status of securitization vehicles that use swaps
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