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Tax Guide 2012: 2011–12 Tax Return Information Statement Guide

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Additionally, Dodd-Frank imposes mandatory clear- ing and trade execution requirements on most standard- ized swaps. 4 Prior to the implementation of Dodd-Frank, over-the-counter swaps were largely unregulated. The terms of many swaps were negotiated between eligible contract participants and not materially impacted by Commodity Futures Trading Commission (“CFTC”) or SEC regulations. However, Dodd-Frank brings all swaps under CFTC or SEC regulation. 5 This article provides a brief overview of the new regulations....
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Tax Guide 2012: 2011–12 Tax Return Information Statement Guide

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