CFTC Unanimously Approves Final Rule for Granting Exemptions from Derivatives Clearing Organization Registration

On November 18, the Commodity Futures Trading Commission (CFTC) unanimously approved a final rule establishing a framework for the Commission to grant an exemption from registration as a derivatives clearing organization (DCO) to a clearing organization organized outside of the United States for the purpose of clearing proprietary swap transactions for U.S. persons....
By: Orrick - Finance 20/20

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