| http://www.w3.org/ns/prov#value | - Currently, most swap contracts are privately negotiated between two parties, and are generally not cleared.\21\ Section 723 of the Dodd-Frank Act requires: (i) Swap contracts meeting certain criteria to be cleared with a DCO; and (ii) such contracts to be executed on a DCM or SEF (unless no DCM or SEF lists such contracts).
|