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ISDA submits comment letter on safeguarding advisory client assets

Published on: 24 May 2023

Published by LNB News

LNB News 24/05/2023

Document Information

Issue Date: 24 May 2023

Published Date: 24 May 2023

Jurisdiction(s): United Kingdom

Article summary

The International Swaps and Derivatives Association (ISDA) has submitted a comment letter on the US Securities and Exchange Commission’s (SEC) proposed rules for safeguarding advisory client assets. ISDA’s comment letter emphasises the destabilising impact that the proposed rules would have on the use of cleared and uncleared derivatives by investment advisers and the broader impacts on the derivatives markets.

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