Date: January 11, 2017
Issue: Derivatives; End-user relief
To: House of Representatives
Filing Type: Letter to Congress
Description: The Coalition for Derivatives End-Users supports Congressman Lucas’ amendment aimed at providing much needed relief to commercial end-users in connection with their use of inter-affiliate swaps, which are an efficient mechanism to transfer risk within a corporate group for centralized risk management. The amendment would appropriately distinguish between inter-affiliate swaps—which are proven and efficient methods of managing a corporate end-user’s internal risks—and those swaps that are executed between two unaffiliated third parties.