ISDA’s Comments on Further Definition of “Swap Dealer,” “Security-Based Swap Dealer,’’ “Major Swap Participant,” “Major Security-Based Swap Participant’’ and “Eligible Contract Participant”

How and Why Pension Funds Use Derivatives

With over $58 trillion in assets globally, pension fund managers are major participants in financial markets and play a vital role in helping to provide post-retirement incomes for plan employees. Meeting such an important goal requires careful consideration of investment...