The U.S. Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC) requested joint public comments on the 18th aimed at updating and clarifying the definitions of derivatives such as swaps and security-based swaps. The agencies stated in an official release that the purpose of this evaluation is to determine whether the current regulatory definitions adequately respond to changes in market structures and trading practices.
The call for comments targets exclusions from the swap definition...