• CFTC Adopts Final Rule to Treat Commodity Options as Swaps; Provides Exemption for Physical Options
  • May 4, 2012
  • Law Firm: Sutherland Asbill Brennan LLP - Washington Office
  • On April 18, 2012, the Commodity Futures Trading Commission (CFTC or the Commission) adopted a final rule that will generally regulate commodity options as swaps (the Final Rule) under the Dodd-Frank Wall Street Reform and Consumer Protection Act (the Dodd-Frank Act). As part of the Final Rule, the CFTC adopted an interim final rule that, subject to certain conditions, will exempt physically settled commodity options (Physical Options) from several key Dodd-Frank Act requirements.