External Meetings: Meeting with NFA & MSRB

The attendees from the MSRB expressed the view that CFTC’s proposed pay-to-play rules for Swap Dealers should be harmonized with the MSRB’s pay-to-play rule.~ ~NFA and MSRB attendees discussed potential registration and testing regimes for persons acting as an independent representative to a Special Entity under §4s(h) of the CEA.