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Legislation Related to Certain Swap Activities

Issue

OTC Derivatives→

Summary

SIFMA provides comments to U.S. Representative Nan Hayworth, a sponsor of H.R. 1838, a bill to repeal a provision of the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act) prohibiting any Federal bailout of swap dealers or participants.  SIFMA supports the legislation, noting that Section 716 of the Dodd-Frank Act is unnecessary and should be eliminated.

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Related Committee(s)

  • Government Relations & Communications
  • Swap Dealer Committee

Date

14

February

2012

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