CFTC Agricultural Advisory Committee Meeting

As a member of the CFTC Agricultural Advisory Committee representing the American Bankers Association (ABA), Diana emphasized that the ABA represents banks of all sizes including some that might only engage in swaps once every five years. She also expressed concerns about the proposed clearing exemption for cooperatives, including Farm Credit that has a $26 billion swaps portfolio. In addition, she engaged in discussion about bridge technology and data security.