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ARTICLE · 10 APRIL 2013

Reminder Of Upcoming Dodd-Frank Compliance Dates For End-Users

The Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 imposes a new regulatory framework upon swap dealers, major swap participants and other counterparties to swaps, including end-users.

United StatesConsumer Protection

V&E Dodd-Frank Regulatory Update E-communication, April 1, 2013

The Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 ("Dodd-Frank") imposes a new regulatory framework upon swap dealers, major swap participants and other counterparties to swaps, including end-users.1 As explained in further detail below, end-users face rapidly approaching deadlines for compliance with certain aspects of Dodd-Frank: a compliance deadline of April 10, 2013, for obtaining a CFTC Interim Compliant Identifier, and a deadline of May 1, 2013, for providing swap dealers with the information they require to enable them to comply with certain business conduct rules applicable to their relationships with end-users. End-users who have not already been contacted by their swap dealers regarding these deadlines may want to consider approaching the swap dealers to discuss these matters.

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