WSPP Dodd-Frank Presentation
WSPP Dodd-Frank Presentation
WSPP Dodd-Frank Presentation
Create successful ePaper yourself
Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.
<strong>WSPP</strong> Agreement Transaction As<br />
Forward Contract<br />
• CFTC says “netting” is within the forward<br />
contract exclusion:<br />
– this refers to physical netting between two<br />
counterparties at a common delivery point<br />
• The <strong>WSPP</strong> Agreement refers to “Netting” in the<br />
context of netting of payments<br />
– Discussion Point: Should the <strong>WSPP</strong> Agreement<br />
expressly provide for physical netting?<br />
© Wright & Talisman, P.C. All rights reserved. www.wrightlaw.com 14
Change language