FRAUDULENT TRANSFERS AND OBLIGATIONS.

SEC. 104. FRAUDULENT TRANSFERS AND OBLIGATIONS.Section 548(d)(2) of title 11, United States Code, is amended— (1) in subparagraph (B) by striking “and” at the end (2) in subparagraph (C) by striking the period and inserting “; and”; and (3) by adding at the end the following: “(D) a swap participant that receives a transfer in connection with a swap agreement takes for value to the extent of such transfer.”.