ISDA and SIFMA have submitted a comment letter to the SEC in response to the staff report on the definitions of “security-based swap dealer” and “major security-based swap participant.” The associations recommend maintaining the current de minimis thresholds for both CDS and non-CDS security-based swap activity, noting that the SEC’s data shows the existing framework already captures the vast majority of market activity.
Documents (1) for ISDA and SIFMA Submit Letter on SEC Security-Based Swap Dealer Thresholds
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