ISDA Derivatives/FX Prime Brokerage Business Conduct Allocation Protocol (Notice of Publication)

ISDA announced the publication on its website of the Derivatives/FX Prime Brokerage Business Conduct Allocation Protocol. The protocol is relevant to CFTC-registered Swap Dealers only, and provides for the allocation of responsibilities between the prime broker and the executing dealer as required in CFTC's No Action Letter 13-11. CFTC-registered swap dealers must agree to the allocation prior to May 15th.

See: Derivatives/FX Prime Brokerage Business Conduct Allocation Protocol.See also: ISDA FAQ; Adhering Parties.See also: Relief (Conditional and Time-Limited) for Swaps Prime Brokerage (CFTC Letter 13-11) (with Lofchie Comments).