ISDA has introduced a protocol meant to help market participants comply with U.S. trade reporting requirements for over-the-counter derivatives. Side Letters, which contain the same language as the reporting protocol, are also available from ISDA and can be entered into bilaterally. "We are committed to making markets safer and more efficient, and the ISDA 2013 Reporting Protocol and Side Letters are among the many tools that ISDA is making available to help market participants meet their trade reporting obligations," said ISDA CEO Robert Pickel. Read ISDA's news release about the Reporting Protocol and Side Letters.

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