Statement Of CFTC Commissioner Caroline D. Pham In Support Of Proposed Order And Request For Comment On Comparability Determination For EU Nonbank Swap Dealer Capital And Financial Reporting Requirements

<p><span>In order to implement Title VII of the Dodd-Frank Act and create a comprehensive regulatory framework for over-the-counter (OTC) derivatives markets, the Commodity Futures Trading Commission (Commission or CFTC) promulgated rules for the registration of swap dealers in 2012.</span></p>

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