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Morrison & Foerster LLP | USA | 20 Jan 2016

CFTC Staff Issues No-Action Relief from Mandatory Swaps Clearing for Small Bank Holding Companies, Small Savings and Loan Holding Companies, and Community Development Financial Institutions

On January 8, 2016, the Division of Clearing and Risk ("Division") of the Commodity Futures Trading Commission ("CFTC") issued no-action letters

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