Alert February 15, 2011

CFTC Issues Rule Proposal Regarding Commodity Options and Agricultural Swaps

The CFTC issued a rule proposal that would implement regulations under which swaps in agricultural commodities and all commodity options (including options on both agricultural and non-agricultural commodities), other than options on futures, may transact subject to the same rules as all other swaps.  Comments are due by April 4, 2011.