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Definition of a “major swap participant” could be floated as early as November

|Includes:AXFN, BAC, BBT, BCS, BK, BMO, BNS, BRAF, C, CM, COF, CS, DB, EMFN, EUFN, FAS, FAZ, FEFN, FGEM, FITB, Goldman Sachs Group Inc. (GS), HSBC, JPM, KEY, LRCDF, LUK, MER, MS, MTB, MTU, NFB, NMR, NTRS, PNC, PSCF, RF, RJF, RY, STI, STT, TD, UB, UBS, USB, WFC, XLF
Hedge funds, insurance companies and some mutual funds will be anxiously awaiting such definitions to see whether they will be included and how such definitions (and the accompanying regulation) will affect their activities going forward.







Disclosure: long all stocks
Stocks: GS, BAC, MS, BCS, MER, NMR, JPM, C, UBS, CS, DB, HSBC, MTU, LUK, STI, BBT, USB, KEY, RJF, NFB, WFC, PNC, COF, BK, STT, FITB, RF, NTRS, UB, MTB, XLF, PSCF, AXFN, BRAF, FGEM, FEFN, EMFN, EUFN, FAS, FAZ, TD, BMO, BNS, CM, RY, LRCDF