ISDA and SIFMA Submit Letter on SEC Security-Based Swap Dealer Thresholds

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

Assessing Tokenized MMFs as Eligible Collateral

Distributed ledger technology and digital assets have matured from their early stages to solutions capable of addressing longstanding inefficiencies in collateral management. Tokenized money market funds (TMMFs) represent a particularly promising area for the application of this technology, combining the...

Response to EC on Carbon Accounting

On October 5, ISDA responded to the Joint Research Centre (JRC) of the European Commission (EC) survey, drawing on input from five member firms across the banking, exchange and market-data sectors. The response highlighted broad support for internationally recognized carbon...