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“CAN THE CFTC SEE THE BIG PICTURE?”: CFTC | Speeches & Testimony:

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Public Policy Keynote Address by Commissioner Scott D. O’Malia before 2011 International Swap and Derivatives Association, Annual North America Conference September 13, 2011 I would like to thank Stephen O’Connor and the International Swap and Derivatives Association (ISDA) for inviting me to speak with you today. As I was thinking about my remarks for this conference I was struck by its title, “Shaping the Future of Derivatives.” Even before the passage of the Dodd-Frank Act, the Commission has worked to shape the future of derivatives. To date, the Commission has issued 57 advance notices of proposed rulemaking or notices of proposed rulemaking, two interim final rules, 13 final rules, and one proposed interpretative order. Only last Thursday, though, did the Commission finally turn its attention in its last open meeting to addressing