Article
Final Definition Of "Swap" And Final End-User Exception
On July 10, 2012, the Commodity Futures Trading Commission ("CFTC") approved the final definition for the term "swap" and the final rule that exempts end users from the clearing requirement for swaps in the Dodd–Frank Wall Street Reform and Consumer Protection Act (Pub. L. No. 111-203, 124 Stat. 1376 (2010)) (the "Dodd-Frank Act").
Vinson & Elkins LLP
