§260.4d-12. Exemption for security-based swaps offered and sold in reliance on Securities Act of 1933 Rule 240 (§ 230.240).
17 C.F.R. § 260.4d-12
Any security-based swap offered and sold in reliance on § 230.240 of this chapter, whether or not issued under an indenture, is exempt from the Act. This section will expire on February 11, 2018.
Notes, amendments, and revision history
Amendments
[82 FR 10707, Feb. 15, 2017]
Authority
Authority: 15 U.S.C. 77c, 77ddd, 77eee, 77ggg, 77nnn, 77sss, 78 ll (d), 80b-3, 80b-4, and 80b-11, unless otherwise noted.
Source
Source: 5 FR 293, Jan. 25, 1940, unless otherwise noted.
Amendments
[82 FR 10707, Feb. 15, 2017]