Cross-Border Transactions Involving Swaps and Security-Based Swaps: U.S. Regulation
Summary
This practice note provides an introduction to U.S. regulation of swaps and security-based swaps executed or negotiated outside the United States that involve at least one U.S. person or certain affiliates thereof, and at least one counterparty that is not organized under U.S. law, which are commonly referred to as “cross-border transactions.”