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<p><span>Good afternoon. I&rsquo;m pleased to be back for what I&rsquo;m told is the fifth time speaking before the International Swaps and Derivatives Association (ISDA). As is customary, I&rsquo;d like to note that my views are my own as Chair of the Securities and Exchange Commission, and I am not speaking on behalf of my fellow Commissioners or the staff.</span></p>

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