Can I read End-User Exception for Swap Clearing on EtoBox?
End-User Exception for Swap Clearing by Douglas Ashburn is a document available to read on EtoBox.
What is End-User Exception for Swap Clearing about?
The document summarizes the final rulemaking by the Commodity Futures Trading Commission (CFTC) regarding the end-user exception to the clearing requirement for swaps. The rule establishes criteria for determining whether a swap hedges commercial risk and allows non-financial entities to elect the exception by notifying the counterparty and CFTC. It also exempts small financial institutions with $10 billion or less in assets from the definition of "financial entity," making them eligible for the exception.
- Author
- Douglas Ashburn
- Language
- EN