Regulator has extended relief for certain swaps in package transactions
The US Commodity
Futures Trading Commission (CFTC) extended on Wednesday
no-action relief from trade execution requirements for certain
swaps executed as part of certain package
The relief covers
transactions where at least one of the individual components
are: a new issuance bond; a commodity future; a swap not
subject to clearing mandate; a single-name credit default swap;
or a secondary market bond and a swap which the CFTC does not
have exclusive jurisdiction over, such as a mixed
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