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SIFMA Notes Launch Of DTCC Credit Derivatives Reporting Program

Date 04/11/2008

The Securities Industry and Financial Markets Association (SIFMA) commented on today’s launch of the Depository Trust & Clearing Corporation’s (DTCC) program which will publish aggregate market data on credit derivatives from its Trade Information Warehouse.

"Publishing this data will provide greater transparency in a critical market,” said Tim Ryan, president and CEO of SIFMA. “This is an important initiative upon which the industry will continue to build.”