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CFTC RIN: 3038-AD57 Publication ID: Fall 2011 
Title: ●Extra-Territorial Application of Certain Swap Requirements  
Abstract: Section 2(i)of the Commodity Exchange Act, which was enacted by section 722(d) of the Dodd-Frank Wall Street Reform and Consumer Protection (Dodd-Frank Act) provides that the swap-related provisions, of the Dodd-Frank Act shall not apply to activities outside the United States unless those activities "have a direct and significant connection with activities in, or effect on, commerce of the United States," or contravene rules or regulations that the CFTC may promulgate to prevent evasion. The CFTC is considering proposing rules to determine under what circumstances, certain foreign swap-related activities would meet that standard. 
Agency: Commodity Futures Trading Commission(CFTC)  Priority: Other Significant 
RIN Status: First time published in the Unified Agenda Agenda Stage of Rulemaking: Proposed Rule Stage 
Major: Undetermined  Unfunded Mandates: No 
CFR Citation: Not Yet Determined     (To search for a specific CFR, visit the Code of Federal Regulations.)
Legal Authority: PL 111-203, sec 722(d), Dodd-Frank Wall Street Reform and Consumer Protection Act   
Legal Deadline:  None
Timetable:
Action Date FR Cite
NPRM  12/00/2011    
NPRM Comment Period End  01/00/2012    
Regulatory Flexibility Analysis Required: No  Government Levels Affected: None 
Small Entities Affected: No  Federalism: No 
Included in the Regulatory Plan: No 
International Impacts: This regulatory action will be likely to have international trade and investment effects, or otherwise be of international interest.
RIN Data Printed in the FR: No 
Agency Contact:
Gary Barnett
Director, Division of Swap Dealer and Intermediary Oversight
Commodity Futures Trading Commission
Three Lafayette Centre, 1155 21st Street, NW.,
Washington, DC 20581
Phone:202 418-5977
Email: gbarnett@cftc.gov