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Title 15 . Revenue
Chapter 137 . (Repealed)
Section 480. Foreign currency transactions

15 AAC 137.480. Foreign currency transactions

A manager of permanent fund assets may, with the prior approval of the executive director or the chief investment officer, utilize foreign exchange transactions. Such transactions include currency forwards, futures, swaps, and options, as well as currency strategies, including hedging, cross-hedging, and long or short directional strategies.

History: Eff. 1/1/2006, Register 177

Authority: AS 37.13.120

AS 37.13.206


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Last modified 7/05/2006