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<oembed><version>1.0</version><provider_name>Committee on Homeland Security &amp; Governmental Affairs</provider_name><provider_url>https://www.hsgac.senate.gov</provider_url><author_name>Tim O'Connor Fraser</author_name><author_url>https://www.hsgac.senate.gov/author/tofraser/</author_url><title>Levin statement on CFTC Staff Advisory Letter on Cross Border Swaps - Committee on Homeland Security &amp; Governmental Affairs</title><type>rich</type><width>600</width><height>338</height><html>&lt;blockquote class="wp-embedded-content" data-secret="TsQ9POckQb"&gt;&lt;a href="https://www.hsgac.senate.gov/subcommittees/investigations/rep/levin-statement-on-cftc-staff-advisory-letter-on-cross-border-swaps/"&gt;Levin statement on CFTC Staff Advisory Letter on Cross Border Swaps&lt;/a&gt;&lt;/blockquote&gt;&lt;iframe sandbox="allow-scripts" security="restricted" src="https://www.hsgac.senate.gov/subcommittees/investigations/rep/levin-statement-on-cftc-staff-advisory-letter-on-cross-border-swaps/embed/#?secret=TsQ9POckQb" width="600" height="338" title="&#x201C;Levin statement on CFTC Staff Advisory Letter on Cross Border Swaps&#x201D; &#x2014; Committee on Homeland Security &amp; Governmental Affairs" data-secret="TsQ9POckQb" frameborder="0" marginwidth="0" marginheight="0" scrolling="no" class="wp-embedded-content"&gt;&lt;/iframe&gt;&lt;script&gt;
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</html><description>WASHINGTON &ndash; Sen. Carl Levin, D-Mich., said the following today regarding the CFTC staff advisory letter on cross border swaps, which is available&nbsp;here&nbsp;[PDF]: &ldquo;The CFTC is underfunded and understaffed, but it had the backbone to slam shut the latest loophole some swap dealers have concocted to circumvent U.S. rules requiring swaps to be traded in [&hellip;]</description><thumbnail_url>https://www.hsgac.senate.gov/wp-content/uploads/HSGAC_Logo_Social.jpg</thumbnail_url><thumbnail_width>1200</thumbnail_width><thumbnail_height>630</thumbnail_height></oembed>
