Sutherland Regulatory Reform Task Force Team
The Commodity Futures Trading Commission (CFTC) issued its
sixth series of proposed rules under the Dodd-Frank Wall Street Reform and
Consumer Protection Act (Dodd-Frank) at an open meeting held yesterday,
Wednesday, December 1, 2010. The proposed...
Amended Rule 4.5 will require
the operators of Registered Funds to either limit such Funds' use of commodity
futures, options, leverage contracts, retail forex contracts, and swaps
(together, "commodity interests") or submit to dual regulation by the
CFTC and the Securities and Exchange...
The Commodity Futures Trading Commission has unanimously
voted by seriatim (without a meeting) to issue two proposals which will affect
"U.S. persons" who engage in swaps activities. The proposals address the
hotly debated application of Dodd-Frank outside US soil, commonly referred to