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If the foreign account is deemed a foreign affiliate of an existing CFTC-registered FDM, then using the 360-day extension seems inappropriate to me for financial institutions.
FORBES: Questions Linger Regarding New Forex Rules
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Because smaller companies cannot spare the time or money needed to set up a sham foreign affiliate, big companies receive a disproportionate advantage in reaching global markets.
ECONOMIST: Economics focus
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Hollande landed in Sevare accompanied by his defense and foreign ministers, CNN affiliate BFMTV reported.
CNN: STORY HIGHLIGHTS
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He is a member of the Pacific Council on International Policy, the West Coast Affiliate of the Council on Foreign Relations.
WHITEHOUSE: The White House
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While reports from CNN affiliate Globovision included discussions of political uncertainty Wednesday, state television broadcasts showed presidents and foreign ministers arriving in Venezuela, walking on a red carpet at the airport as soldiers stood guard.
CNN: SHARE THIS
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While reports from CNN affiliate Globovision Wednesday included discussions of political uncertainty, state television broadcasts showed presidents and foreign ministers arriving in Venezuela, walking on a red carpet at the airport as soldiers stood guard.
CNN: With Chavez still in Cuba, Venezuela plans rally
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The organisation of Abu Musab al-Zarqawi, a Jordanian affiliate of al-Qaeda, is thought to be active there, funnelling in car bombs and foreign fighters from Syria.
ECONOMIST: Iraq's constitution