CFTC Chairman Giancarlo Issues Statement on Final Rule on Swap Dealer Definition
March 25, 2019
March 25, 2019
WASHINGTON, March 25 -- The Commodity Futures Trading Commission issued the text of the following statement by Chairman J. Christopher Giancarlo on the final rule regarding de minimis exception to the swap dealer definition - swaps entered into by insured depository institutions in connection with loans to customers:
"The Commission will today consider the final rule for the de minimis exception for swaps entered into by Insured Depository Institutions ("IDIs") in con . . .
"The Commission will today consider the final rule for the de minimis exception for swaps entered into by Insured Depository Institutions ("IDIs") in con . . .