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ARTICLE · 07 OCTOBER 2014

CFTC Adopts Final Rule On Utility Operations-Related Swaps With Utility Special Entities

The CFTC approved a final rule on the exclusion of utility operations-related swaps with utility special entities from de minimis threshold for swaps with special entities.

United StatesFinance and Banking

On September 17, the CFTC approved a final rule on the exclusion of utility operations-related swaps with utility special entities from de minimis threshold for swaps with special entities.  "Special entities" refers to certain federal agencies and states, political subdivisions of states, and certain of their agencies, instrumentalities and pension systems, and certain electric and natural gas utilities.  Press Release.  Fact Sheet.

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