ISDA’s comment letter on Clearing Member Risk Management

ISDA’s letter to the CFTC in response to the Notice of Proposed Rulemaking regarding Clearing Member Risk Management (the “NPR”, and the rules it describes, the “Proposed Rule”) issued by the Commodity Futures Trading Commission (the “Commission”), seeking comments on proposed rules regarding risk management for cleared trades by futures commission merchants (“FCMs”), swap dealers(“SDs”) and major swap participants (“MSPs”) that are clearing members.

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Documents (1) for ISDA’s comment letter on Clearing Member Risk Management

Safe, Efficient Markets for SFTs

Securities financing transactions (SFTs) – including repurchase agreements (repo), securities lending, buy/sell backs and margin lending – are foundational to the functioning of modern financial markets. They support the day-to-day distribution of liquidity, enable collateral to move efficiently across cash...

ISDA Recommendations to Simplify EU Regulation

On March 9, ISDA submitted a paper to the European Commission setting out focused proposals to improve the functioning of the EU regulatory framework for derivatives. The paper comprises eight targeted recommendations to simplify selected Level 1 provisions in a...