§ 230.240. Exemption for certain security-based swaps.
146 words·~1 min read·
/us/cfr/t17/s§ 230.240·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(a)Except as expressly provided in paragraph
(b)of this section, the Act does not apply to the offer or sale of any security-based swap that is:
(1)A security-based swap agreement, as defined in Section 2A of the Act (15 U.S.C. 77b(b)-1) as in effect prior to July 16, 2011; and
(2)Entered into between eligible contract participants (as defined in Section 1a(12) of the Commodity Exchange Act (7 U.S.C. 1a(12)) as in effect prior to July 16, 2011, other than a person who is an eligible contract participant under Section 1a(12)(C) of the Commodity Exchange Act as in effect prior to July 16, 2011).
(b)The exemption provided in paragraph
(a)of this section does not apply to the provisions of Section 17(a) of the Act (15 U.S.C. 77q(a)).
(c)This section will expire on February 11, 2018. \[82 FR 10707, Feb. 15, 2017\]
Connections14 cite this · traces to 3
Cited by 14 sections · top 10
register
- Rules and RegulationsNotice of statement of general policy with request for public comment
- NoticesSECURITIES AND EXCHANGE COMMISSION
- NoticesJoint final rule; interpretations; request for comment on an interpretation
- Proposed RulesProposed rule
- Rules and RegulationsInterim final rule; extension
- Proposed RulesProposed rule; guidance
- Rules and RegulationsFinal rule
- Rules and RegulationsInterim final rules; request for comments
- Rules and RegulationsInterim final rule; extension
- Rules and RegulationsInterim final rule
Citation graph
cites case law
Cites 3Cited by 14 across 1 source