Statement Of CFTC Commissioner J. Christopher Giancarlo On The Proposed Rule On Cross-Border Application Of The Registration Thresholds And External Business Conduct Standards Applicable To Swap Dealers And Major Swap Participants

I support issuing today’s proposed rule in order to hear commenters’ considered views, especially with respect to the Commission’s approach on the issue of U.S. personnel arranging, negotiating or executing transactions for two non-U.S. persons.