The homestretch of the swaps compliance race: Are you ready to cross the finish line?

What is a swap? It’s a small word in a big market. And it took only two years and 585 pages to define. It’s been nearly two years since the Dodd-Frank Wall Street Reform Package was introduced and the recent announcement on July 10, 2012 by the Commodity Futures and Trading Commission (CFTC) makes clear what a swap is and how these rules apply to them.

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