The joint request for comment aims to clarify Title VII boundaries and address interpretive issues around swaps, mixed products and emerging structures.
The Commodity Futures Trading Commission (CFTC) and the US Securities and Exchange Commission (SEC) have issued a joint request for public comment on potential updates to derivatives product definitions under Title VII of the Dodd-Frank Act. The initiative aimed to clarify longstanding interpretive issues The Dodd-Frank Act is a US financial reform law enacted in 2010 to strengthen oversight of derivatives, banking and capital markets and reduce systemic risk after the 2008 global fina