United States:
CFTC Adopts Final Rule On Utility Operations-Related Swaps With Utility Special Entities
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On September 17, the CFTC approved a
final rule on the exclusion of utility
operations-related swaps with utility special
entities from de minimis threshold for
swaps with special entities. "Special entities"
refers to certain federal agencies and states, political
subdivisions of states, and certain of their agencies,
instrumentalities and pension systems, and certain electric and
natural gas utilities. Press Release. Fact Sheet.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
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