IRS Publishes Proposed Regulations On Swaps And Notional Principal Contracts
Mondaq Business Briefing › United States Law Articles in English (2011)
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Mondaq Business Briefing › United States Law Articles in English (2011)
Linked as:Extract
IRS Publishes Proposed Regulations On Swaps And Notional Principal Contracts
In response to the financial crisis, Congress passed the Dodd-Frank Wall Street Reform and Consumer Protection Act ("Dodd-Frank") to, among other things, increase regulation of the capital markets. In Congress's attempt to increase regulation, Dodd-Frank requires the Commodity Futures Trading Commission ("CFTC") to establish a comprehensive regulatory framework for swaps,1 which includes the trading of...
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