The Department of Labor recently issued a long-awaited advisory opinion clarifying and confirming the ability of central counterparties and their clearing members to clear swaps for pension plans without violating various requirements in the Employee Retirement Income Security Act of 1974 .
http://www.jdsupra.com/legalnews/department-of-labor-paves-the-way-to-cl-41712/
http://www.jdsupra.com/legalnews/department-of-labor-paves-the-way-to-cl-41712/
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