SEC Provides Additional Guidance, Interim Relief and Exemptions for Security-Based Swaps Under Dodd-Frank Act
The Securities and Exchange Commission today provided additional guidance to clarify which U.S. securities laws will apply to security-based swaps starting July 16 - the effective date of Title VII of the Dodd-Frank Wall Street Reform and Consumer Protection Act.
http://www.sec.gov/news/press/2011/2011-141.htm