As Bart Chilton informed SilverDoctors’ readers on May 31st when he stated that the CFTC’s silver investigation would conclude by September if not sooner, and that the CFTC would meet shortly after the 4th of July to consider final rules on the definition of the word ‘swap’, the CFTC has just publicly announced that it will hold an open meeting July 10th to consider the final rule on the definition of swaps, and the proposal to exempt certain swaps.
Full CFTC release below:
From the CFTC:
CFTC to Hold Open Meeting to Consider Final Rule on the Further Definition of the term “Swap,” Final Rule on the End-User Exception to Clearing, and Proposed Rule to Exempt from Clearing Certain Swaps by Cooperatives
Washington, DC – The Commodity Futures Trading Commission (CFTC) will hold a public meeting on Tuesday, July 10, 2012, at 9:30 a.m., to consider two Final Rules and a Proposed Rule:
- Final Rule related to the Further Definition of “Swap,” “Security-Based Swap,” and “Security-Based Swap Agreement”; Mixed Swaps; Security-Based Swap Agreement Recordkeeping.
- Final Rule related to the End-User Exception to the Clearing Requirement for Swaps.
- Proposed Rule related to Clearing Exemption for Certain Swaps Entered into by Cooperatives.
|What:||Open Commission meeting to consider two Final Rules and a Proposed Rule|
|Where:||CFTC Headquarters Conference Center, Three Lafayette Centre, 1155 21st Street, NW, Washington, DC 20581|
|When:||Tuesday, July 10, 2012, 9:30 a.m.|
Viewing/Listening Information: The CFTC has made available the following options to access the meeting:
Watch a webcast of the meeting at www.cftc.gov or call-in to a toll-free telephone line to connect to an audio feed.
Call-in participants should be prepared to provide their first name, last name and affiliation.
Conference call information is listed below:
|Domestic Toll-Free Number:||866-844-9416|
|International Toll Numbers:||Listed under Related Document|