 1. When it comes
to the end-user exception to the clearing requirement for swaps and
board review and approval of the decision to use the exception, our
company: (Total responses: n=35)
(select only one) |
| n=4 (11.43%) |
We have already implemented a board approval policy before the
need for the exception arises |
| n=22 (62.86%) |
We have started the process of adopting a board approval policy
but have not done so yet |
| n=1 (2.86%) |
We have decided that we don't anticipate ever needing the
exception so we have not adopted a board approval policy |
| n=0 (0.00%) |
We have decided to seek board approval on a swap-by-swap basis
rather than annually |
| n=8 (22.86%) |
We have not yet decided what to do |
