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On September 8, the SEC proposed a new rule that certain communications involving security-based swaps will not be deemed to constitute offers or guarantees.
On September 8, the SEC proposed a new rule
that certain communications involving security-based
swaps that may be purchased only by eligible
contract participants will not be deemed for purposes of
Section 5 of the Securities Act
to constitute offers of such security-based swaps or any guarantees
of such security-based swaps. Comments should be received by
the SEC on or before November 10, 2014.
Proposed Rule.
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