Comment Text:
On behalf of American Bankers Association, Coalition for Derivatives End-Users, Financial Services Roundtable, the International Swaps and Derivatives Association, National Association of Corporate Treasurers, Securities Industry and Financial Markets Association and the U.S. Chamber of Commerce Center for Capital Markets Competitiveness, we respectfully submit the attached joint comment letter on the Commission's Notice of Proposed Rulemaking regarding the Cross-Border Application of the Registration Thresholds and External Business Conduct Standards Applicable to Swap Dealers and Major Swap Participants [RIN 3038–AE54].