Search
 

Cross-Border Trades Free from SEC Oversight

SEC proposal would exempt trades made by U.S. representatives of foreign swaps dealers from Dodd-Frank rules.

X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

The world’s biggest banks won a break from the Securities and Exchange Commission (SEC) that allows them the ability to arrange some deals within the U.S. without having to comply with the country’s trading regulations.

The SEC proposal would let overseas-based dealers of swaps use personnel located in the U.S. to set up trades without having to comply with the Dodd-Frank Act regulations. The agency’s five commissioners on Wednesday voted unanimously to open the proposed rule to public comment.

Complete your profile to continue reading and get FREE access to Treasury & Risk, part of your ALM digital membership.

Your access to unlimited Treasury & Risk content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical Treasury & Risk information including in-depth analysis of treasury and finance best practices, case studies with corporate innovators, informative newsletters, educational webcasts and videos, and resources from industry leaders.
  • Exclusive discounts on ALM and Treasury & Risk events.
  • Access to other award-winning ALM websites including PropertyCasualty360.com and Law.com.

Already have an account?

Recommended Stories

Robust Rebound for the U.S.

Aaron Rutstein |

The speed and consistency of the economic recovery will depend on political stability and continued vaccination progress.

Treasury & Risk

Join Treasury & Risk

Don’t miss crucial treasury and finance news along with in-depth analysis and insights you need to make informed treasury decisions. Join Treasury & Risk now!

  • Free unlimited access to Treasury & Risk including case studies with corporate innovators, informative newsletters, educational webcasts, and resources from industry leaders.
  • Exclusive discounts on ALM and Treasury & Risk events.
  • Access to other award-winning ALM publications including PropertyCasualty360.com and Law.com.

Already have an account? Sign In Now
Join Treasury & Risk

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.