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Comment for General CFTC Request for Comment on the Trading and Clearing of "Perpetual" Style Derivatives

  • From: Micah Ross
    Organization(s):
    Sacred Heart Apostolic School

    Comment No: 74789
    Date: 5/5/2025

    Comment Text:

    I'm not happy that UBS is trying to shirk responsibility for legacy Credit Suisse legacy swaps. While UBS should not have been forced to take on Credit Suisse's positions, that is a question for Swiss regulation. Their responsibility to American markets is under US purview and should not be brushed aside.

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