• U.S. Treasury Secretary Proposes to Exempt FX Swaps and FX Forwards from Dodd-Frank’s “Swap” Definition
  • May 5, 2011
  • Law Firm: Sutherland Asbill Brennan LLP - Washington Office
  • Earlier today the U.S. Treasury Secretary published a Notice of Proposed Determination (the “Notice”) to exempt foreign exchange (“FX”) swaps and FX forwards from the definition of a “swap” contained in the Commodity Exchange Act (“CEA”), as amended by Title VII of the Dodd-Frank Wall Street Reform and Consumer Protection Act (the “Dodd-Frank Act”).