Step right up! US Treasury Department is now taking comments on FX swap exemptions.
If you’re a corporate treasurer complaining to colleagues and others about the disaster that’ll ensue if FX swaps or forwards are aren’t exempt when Dodd-Frank goes into effect, then it’s time to commit those complaints to paper. That’s because the Treasury Department has given interested parties until the end of November to express why such instruments should be exempt from the central clearing requirements.