FIA and ISDA sent a joint comment letter today in response to the CFTC’s call to enhance the rules governing various aspects of the Core Principles applicable to derivatives clearing organizations (DCOs). FIA and ISDA support many of the Commission’s proposed clarifications of and amendments to the regulations applicable to DCOs. However, the two trade associations recommend that the Commission amend or re-issue certain proposed rule changes to ensure that the regulatory framework supports the transparent, efficient and safe clearing of derivatives.
