SIFMA statement on House Financial Services Committee passage of derivatives-related legislation

30 November 2011

Mr Bentsen urged House and Senate to pass these important pieces of legislation without delay.

SIFMA released the following statement from Kenneth E Bentsen, Jr, after passage of three pieces of legislation by the House Financial Services Committee to clarify, amend or improve derivatives-related aspects of the Dodd-Frank Act: “We applaud the House Financial Services Committee for its bipartisan support today on these three bills that will bring clarity to and resolve technical issues with several derivatives-related provisions of the Dodd-Frank Act. We believe these and other derivatives-related pieces of legislation are important for regulators and the industry to have certainty as the rulemaking process moves forward. We urge the full House and Senate to pass these important pieces of legislation without delay.”

Press release

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