Comment Letter to CFTC Proposed Rule Regarding Conflicts of Interest

FIA, ISDA, SIFMA

FIA, ISDA, and SIFMA filed a joint letter on Jan. 18 commenting on two proposed rules issued by the CFTC. The proposed rules are aimed at preventing conflicts of interest at futures commission merchants, introducing brokers, swap dealers and major swap participants.

The associations offered a number of suggestions relating to the CFTC's proposed rules regarding conflicts of interest related to research, and also commented on proposed rules regarding conflicts of interest related clearing services

Date

January 18, 2011

Cross References (links may require a Cabinet subscription)

Dodd-Frank Act, Title VII, Secs. 731 732

CFTC Proposed Rules Rules 1.71 and 23.605