U.S. Securities and Exchange Commission SBSD cross-border proposal:
EBF comments
EBF comments
Key points:
The European Banking Federation (EBF) fully supports the efforts by the U.S. Securities and Exchange Commission (SEC) to amend its rules and interpretive guidance related to security-based swaps (SBSs) and security-based swap dealers (SBSDs) promulgated pursuant to Title VII of the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act or Title VII). We are grateful for the opportunity to submit our comments on the Proposed Rule Amendments and Guidance Addressing Cross-Border Application of Certain Security-Based Swap Requirements (Proposal) published by the SEC on May 24, 2019.