Final Rule
Exemptions for Security-Based Swaps Issued by Certain Clearing Agencies
Overview
We are adopting exemptions under the Securities Act of 1933, the Securities Exchange Act of 1934, and the Trust Indenture Act of 1939 for security-based swaps issued by certain clearing agencies satisfying certain conditions. The final rules exempt transactions by clearing agencies in these security-based swaps from all provisions of the Securities Act, other than the Section 17(a) anti-fraud provisions, as well as exempt these security-based swaps from Exchange Act registration requirements and from the provisions of the Trust Indenture Act, provided certain conditions are met.
Prior Actions
Proposed Rule (33-9222)
Release Number
33-9222
SEC Issue Date
June 9, 2011
Federal Register Publish Date
June 15, 2011
Document Citation
76 FR 34920
RIN
3235-AL16
Resources
Details
File Number
S7-22-11
Rule Type
Final
Release Number
33-9308
34-66703
39-2484
SEC Issue Date
March 30, 2012
Effective Date
April 16, 2012
Federal Register Publish Date
April 5, 2012
Document Citation
77 FR 20536
RIN
3235-AL16