Different Roads To Clarity For Swap Markets

Law360, New York ( June 30, 2011, 6:17 PM EDT) -- The U.S. Commodity Futures Trading Commission and the U.S. Securities and Exchange Commission recently have taken separate, related steps to provide clarity to the derivatives markets and their participants on two important issues under the Dodd-Frank Wall Street Reform and Consumer Protection Act: 1) What Dodd-Frank statutory provisions take effect on July 16, 2011; and 2) What exemptions or other actions are appropriate to avoid disruption of or legal uncertainty for the derivative markets and their participants caused by the Dodd-Frank provisions taking effect on July 16....

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