60 Days - Over 175 New Derivatives Provisions
On July 16, 2011—60 days from now—over 175 new Dodd-Frank derivatives provisions automatically go into effect. Many of these provisions do not require action from market participants. Many other provisions could be deferred by the regulators based on their close connection to proposed rules. Yet, a number of very significant self-executing provisions remain. This memorandum will help you understand some of these new provisions and some of the required tasks to become compliant with them.