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Text of Comment Letter

Dear Ladies and Gentlemen,

Please find attached a letter from ISDA on behalf of its members which provides our requests, suggestions and concerns in respect of whether and which amendments to legacy swaps bring them into scope of your margin requirements for uncleared swaps.

I am happy to discuss at your convenience.  Please let me know if I can provide any additional information which may be helpful to your consideration of this important matter.

 

Kind regards,

Tara Kruse

Head, Non-Cleared Margin Initiative

International Swaps and Derivatives Association, Inc. (ISDA)

10 East 53rd Street, 9th Floor, New York, NY 10022

P 1 212 901 6045  M 1 646 287-7740

tkruse@isda.org



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