Foreign Security-based Swaps

Swapping the Old for the New: SEC Rule Changes That Will Affect the Swaps Market

Swapping the Old for the New: SEC Rule Changes That Will Affect the Swaps Market

We all knew that one kid on the block who made up the rules to every game as we went along. And obviously that kid was a bully—freakishly big and strong for his age, so the rest of us had to submit to his demands lest we be excluded altogether. Did you ever think you’d see the day he would finally learn to play nice with others? When he would stop feeling the need to control everything? Me neither, but that day has arrived!