Confirmation of US Treasury FX exemption brings relief to FX dealers

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 Friday evening, 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 invit

To continue reading...

You need to sign in to use this feature. If you don’t have a 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 indvidual account here: