Swaps push-out: Banks hoping for Fed fix

Will Fed fix 716?


On June 1, banks in the US will be 45 days away from a deadline many thought would never arrive – the implementation of section 716 of the Dodd-Frank Act, better known as the swaps push-out. This eight-page provision has been alternately dismissed or derided since it unexpectedly made it into the final act, and even its authors have admitted that one of its most controversial features – which applies the full force of the rule to the US branches of foreign banks, while their local rivals benefit

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 info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

You need to sign in to use this feature. If you don’t have a Risk.net 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