Comment Text:
The Credit Union National Association (CUNA) appreciates the opportunity to comment on the Commodity Futures Trading Commission’s (Commission’s) proposed 17 C.F.R. § 39.6, which implements exceptions to the mandatory clearing of swaps authorized by the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010. By way of background, CUNA is the largest credit union advocacy organization in the country, representing approximately 90 percent of our nation's nearly 7,600 state and federal credit unions, which serve approximately 93 million members.
A copy of CUNA's comment letter regarding RIN 3038-AD10 is attached.
