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Expert Q&A on Implications of the Swaps Pushout Rule
Practical Law Article 4-505-8588 (Approx. 4 pages)
Expert Q&A on Implications of the Swaps Pushout Rule
by Practical Law The Journal
| Published on 01 May 2011 • USA (National/Federal) |
Brian Rance and Perry Sayles of Freshfields Bruckhaus Deringer LLP discuss how section 716 of the Dodd-Frank Act, commonly referred to as the Pushout Rule or Lincoln Rule, will impact the derivatives market.
Note that the Swaps Pushout Rule has been amended by federal legislation signed into law by President Obama in December 2014 and will now affect only a limited range of transactions (see Legal Update, Dodd-Frank Swaps Pushout Rule Substantially Repealed).