Market regulation · 26/11/2010

SEC Extends Exemptions for Credit Default Swaps Until July 16, 2011

The Securities and Exchange Commission (SEC) is extending the expiration dates of temporary exemptions for eligible credit default swaps to facilitate the operation of central counterparties until July 16, 2011, in order to support the implementation of the clearing provisions of the Dodd-Frank Wall Street Reform and Consumer Protection Act.