United States:
NFA Modifies Proposal Amending Swaps Compliance Rules
18 March 2019
Cadwalader, Wickersham & Taft LLP
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The NFA modified proposed amendments to Compliance
Rules and Interpretive Notices to cover transactions and
counterparties relating to swaps, as well as other commodity
interests (e.g., futures). (See
here for previous coverage.)
Specifically, the NFA withdrew its proposal to amend
NFA Compliance Rule 3-1 ("Department of Compliance")
that would have deleted that rule's limited purpose definition
of commodity interest.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
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