Requirements for Derivatives Clearing Organizations, Designated Contract Markets, and Swap Execution Facilities Regarding the Mitigation of Conflicts of Interest

SIFMA, the ABA Securities Association, the Clearing House Association L.L.C., the Financial Services Roundtable (FSR), the Futures Industry Association (FIA), and International Swaps and Derivatives Association (ISDA) provide comments to the Commodity Futures Trading Commission (CFTC) and Securities and Exchange Commission (SEC) in response to a letter submitted by the U.S. Department of Justice (DOJ) to the CFTC, in regards to: Requirements for Derivatives Clearing Organizations, Designated Contract Markets, and Swap Execution Facilities Regarding the Mitigation of Conflicts of Interest; RIN 3038-AD01; Ownership Limitations and Governance Requirements for Security-Based Swap Clearing Agencies, Security-Based Swap Execution Facilities, and National Securities Exchanges With Respect to Security-Based Swaps under Regulation MC, File No. S7-27-10.

See Related: Proposed Limits on Ownership or Voting Power of Derivative Clearing Organizations, Designated Contract Markets, and Swap Execution Facilities – Nov 12, 2010