SIFMA Submits Comments to the CFTC Requesting Relief from External Business Conduct Requirements and Other Rules

SIFMA's Asset Management Group (AMG) submitted the attached comments to the CFTC supporting ISDA's request to defer compliance dates for external business conduct requirements and other information collection rules. SIFMA AMG further states that it agrees with ISDA that the CFTC should provide such an extension through an interim final rule, rather than a no-action letter, to alleviate market concerns regarding the potential for private rights of action.

Click here to view letter in full (links externally to SIFMA website).