Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

U.S. Swap Dealers’ Overseas Branches Gain Exemptions in SEC Plan

May 1 (Bloomberg) -- JPMorgan Chase & Co., Citigroup Inc. and other U.S. swap dealers would win some exemptions from Dodd-Frank Act regulations for their overseas swap trades under rules being considered by the Securities and Exchange Commission.

SEC commissioners are scheduled to vote at a meeting in Washington today on rules that would exempt U.S. swap dealers’ foreign branches from business conduct standards with their clients. The SEC proposal seeks a more limited reach than the Commodity Futures Trading Commission’s guidance released last year.

To contact the reporter on this story: Silla Brush in Washington at sbrush@bloomberg.net

To contact the editor responsible for this story: Maura Reynolds at mreynolds34@bloomberg.net

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.