US Treasury confirms forex exemption from mandatory clearing

us treasury

More than two years after the US Department of the Treasury was granted the power to exempt foreign exchange swaps and forwards from mandatory clearing and exchange trading under the Dodd-Frank Act, the agency finally confirmed the exemption on November 16, ending calls for greater clarity and certainty on regulation of the forex market.

The US Treasury first consulted on the issue in November 2010, issuing a proposed determination to exempt forex swaps and forwards in April 2011. After inviting

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: