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Title 17: Commodity and Securities Exchanges
PART 260—GENERAL RULES AND REGULATIONS, TRUST INDENTURE ACT OF 1939
Rules Under Section 304

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§ 260.4d-11T   Temporary exemption for eligible credit default swaps offered and sold in reliance on Securities Act of 1933 Rule 239T (§230.239T).

Any eligible credit default swap (as defined in Rule 239T of this chapter, 17 CFR 230.239T), whether or not issued under an indenture, is exempt from the Act if offered and sold in reliance on Rule 239T of this chapter. This temporary rule will expire on November 30, 2010.

[74 FR 3975, Jan. 22, 2009, as amended at 74 FR 47725, Sept. 17, 2009]

Effective Date Note:   At 74 FR 3975, Jan. 22, 2009, §260.4d–11T was added, effective January 22, 2009 through September 25, 2009. At 74 FR 47719, Sept. 17, 2009, the effective date was extended to November 30, 2010.

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