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Extension of Exemptions for Security-Based Swaps

SEC · final-rule · Published 2014-02-10 · Effective 2014-02-10 · 79 FR 7570

Document

Document number
2014-02833
Federal Register citation
79 FR 7570
CFR reference
17 CFR 230
Type
Rule
Action
Interim final rule; extension.
Category
final-rule
Agency
US Securities and Exchange Commission
Publication date
2014-02-10
Effective date
2014-02-10
Docket
Release Nos. 33-9545

Abstract

We are adopting amendments to the expiration dates in our interim final rules that provide exemptions under the Securities Act of 1933, the Securities Exchange Act of 1934, and the Trust Indenture Act of 1939 for those security-based swaps that prior to July 16, 2011 were security-based swap agreements and are defined as "securities" under the Securities Act and the Exchange Act as of July 16, 2011 due solely to the provisions of Title VII of the Dodd-Frank Wall Street Reform and Consumer Protection Act. Under the amendments, the expiration dates in the interim final rules will be extended to February 11, 2017. If we adopt further rules relating to issues raised by the application of the Securities Act or the other federal securities laws to security-based swaps before February 11, 2017, we may determine to alter the expiration dates in the interim final rules as part of that rulemaking.

Source

Authoritative
Federal Register document
Machine
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