Staff of the U.S. Commodity Futures Trading Commission (CFTC) today issued four no-action letters that address certain issues relating to swaps regulation, following the announcement earlier today by European Commissioner Michel Barnier and CFTC Chairman Gary Gensler of a Path Forward regarding their joint understandings on a package of measures for how to approach cross-border derivatives.
Details via press release: http://www.cftc.gov/PressRoom/PressReleases/pr6642-13
