Anticipation builds for final Treasury decision
Forex market participants are eagerly awaiting final clarity from the US Department of the Treasury, following the end of the consultation period on its proposed determination to exempt FX swaps and forwards from mandatory clearing and exchange trading on June 6.
The Treasury’s proposed exemption attracted 49 comment letters in total, which included both support from industry associations and calls for more analysis from others. “All comments received are currently being reviewed and considered
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