id	sid	tid	token	lemma	pos
cblr-1693	1	1	to	to	PART
cblr-1693	1	2	clear	clear	VERB
cblr-1693	1	3	or	or	CCONJ
cblr-1693	1	4	not	not	PART
cblr-1693	1	5	to	to	PART
cblr-1693	1	6	clear	clear	VERB
cblr-1693	1	7	:	:	PUNCT
cblr-1693	1	8	how	how	SCONJ
cblr-1693	1	9	sec	sec	PROPN
cblr-1693	1	10	implementation	implementation	NOUN
cblr-1693	1	11	of	of	ADP
cblr-1693	1	12	dodd	dodd	PROPN
cblr-1693	1	13	-	-	PUNCT
cblr-1693	1	14	frank	frank	PROPN
cblr-1693	1	15	undermines	undermine	VERB
cblr-1693	1	16	title	title	NOUN
cblr-1693	1	17	vii	vii	PROPN
cblr-1693	1	18	’s	’s	PART
cblr-1693	1	19	mandatory	mandatory	ADJ
cblr-1693	1	20	clearing	clearing	NOUN
cblr-1693	1	21	requirement	requirement	NOUN
cblr-1693	1	22	daniel	daniel	PROPN
cblr-1693	1	23	feder	feder	PROPN
cblr-1693	1	24	*	*	PROPN
cblr-1693	1	25	in	in	ADP
cblr-1693	1	26	2010	2010	NUM
cblr-1693	1	27	,	,	PUNCT
cblr-1693	1	28	the	the	DET
cblr-1693	1	29	united	united	PROPN
cblr-1693	1	30	states	states	PROPN
cblr-1693	1	31	congress	congress	PROPN
cblr-1693	1	32	enacted	enact	VERB
cblr-1693	1	33	the	the	DET
cblr-1693	1	34	doddfrank	doddfrank	PROPN
cblr-1693	1	35	wall	wall	PROPN
cblr-1693	1	36	street	street	PROPN
cblr-1693	1	37	reform	reform	PROPN
cblr-1693	1	38	and	and	CCONJ
cblr-1693	1	39	consumer	consumer	NOUN
cblr-1693	1	40	protection	protection	NOUN
cblr-1693	1	41	act	act	VERB
cblr-1693	1	42	to	to	PART
cblr-1693	1	43	prevent	prevent	VERB
cblr-1693	1	44	a	a	DET
cblr-1693	1	45	recurrence	recurrence	NOUN
cblr-1693	1	46	of	of	ADP
cblr-1693	1	47	the	the	DET
cblr-1693	1	48	2008	2008	NUM
cblr-1693	1	49	financial	financial	ADJ
cblr-1693	1	50	collapse	collapse	NOUN
cblr-1693	1	51	.	.	PUNCT
cblr-1693	2	1	since	since	SCONJ
cblr-1693	2	2	its	its	PRON
cblr-1693	2	3	passage	passage	NOUN
cblr-1693	2	4	,	,	PUNCT
cblr-1693	2	5	the	the	DET
cblr-1693	2	6	act	act	NOUN
cblr-1693	2	7	’s	’s	PART
cblr-1693	2	8	many	many	ADJ
cblr-1693	2	9	reforms	reform	NOUN
cblr-1693	2	10	have	have	AUX
cblr-1693	2	11	reshaped	reshape	VERB
cblr-1693	2	12	the	the	DET
cblr-1693	2	13	financial	financial	ADJ
cblr-1693	2	14	markets	market	NOUN
cblr-1693	2	15	,	,	PUNCT
cblr-1693	2	16	but	but	CCONJ
cblr-1693	2	17	faulty	faulty	ADJ
cblr-1693	2	18	executive	executive	ADJ
cblr-1693	2	19	implementation	implementation	NOUN
cblr-1693	2	20	has	have	AUX
cblr-1693	2	21	undermined	undermine	VERB
cblr-1693	2	22	some	some	PRON
cblr-1693	2	23	of	of	ADP
cblr-1693	2	24	these	these	DET
cblr-1693	2	25	components	component	NOUN
cblr-1693	2	26	.	.	PUNCT
cblr-1693	3	1	one	one	NUM
cblr-1693	3	2	such	such	ADJ
cblr-1693	3	3	issue	issue	NOUN
cblr-1693	3	4	arose	arise	VERB
cblr-1693	3	5	in	in	ADP
cblr-1693	3	6	the	the	DET
cblr-1693	3	7	united	united	PROPN
cblr-1693	3	8	states	states	PROPN
cblr-1693	3	9	securities	securities	PROPN
cblr-1693	3	10	and	and	CCONJ
cblr-1693	3	11	exchange	exchange	PROPN
cblr-1693	3	12	commission	commission	PROPN
cblr-1693	3	13	’s	’s	PART
cblr-1693	3	14	interpretation	interpretation	NOUN
cblr-1693	3	15	of	of	ADP
cblr-1693	3	16	dodd	dodd	PROPN
cblr-1693	3	17	-	-	PUNCT
cblr-1693	3	18	frank	frank	PROPN
cblr-1693	3	19	’s	’s	PART
cblr-1693	3	20	title	title	NOUN
cblr-1693	3	21	vii	vii	PROPN
cblr-1693	3	22	central	central	ADJ
cblr-1693	3	23	clearing	clearing	NOUN
cblr-1693	3	24	mandate	mandate	NOUN
cblr-1693	3	25	,	,	PUNCT
cblr-1693	3	26	which	which	PRON
cblr-1693	3	27	congress	congress	PROPN
cblr-1693	3	28	included	include	VERB
cblr-1693	3	29	to	to	PART
cblr-1693	3	30	stabilize	stabilize	VERB
cblr-1693	3	31	and	and	CCONJ
cblr-1693	3	32	bring	bring	VERB
cblr-1693	3	33	transparency	transparency	NOUN
cblr-1693	3	34	to	to	ADP
cblr-1693	3	35	the	the	DET
cblr-1693	3	36	over	over	ADP
cblr-1693	3	37	-	-	PUNCT
cblr-1693	3	38	the	the	DET
cblr-1693	3	39	-	-	PUNCT
cblr-1693	3	40	counter	counter	NOUN
cblr-1693	3	41	derivatives	derivative	NOUN
cblr-1693	3	42	market	market	NOUN
cblr-1693	3	43	.	.	PUNCT
cblr-1693	4	1	the	the	DET
cblr-1693	4	2	sec	sec	PROPN
cblr-1693	4	3	has	have	AUX
cblr-1693	4	4	not	not	PART
cblr-1693	4	5	yet	yet	ADV
cblr-1693	4	6	effected	effect	VERB
cblr-1693	4	7	mandatory	mandatory	ADJ
cblr-1693	4	8	clearing	clearing	NOUN
cblr-1693	4	9	of	of	ADP
cblr-1693	4	10	security	security	NOUN
cblr-1693	4	11	-	-	PUNCT
cblr-1693	4	12	based	base	VERB
cblr-1693	4	13	swaps	swap	NOUN
cblr-1693	4	14	—	—	PUNCT
cblr-1693	4	15	the	the	DET
cblr-1693	4	16	financial	financial	ADJ
cblr-1693	4	17	products	product	NOUN
cblr-1693	4	18	which	which	PRON
cblr-1693	4	19	dodd	dodd	PROPN
cblr-1693	4	20	-	-	PUNCT
cblr-1693	4	21	frank	frank	PROPN
cblr-1693	4	22	subjected	subject	VERB
cblr-1693	4	23	to	to	ADP
cblr-1693	4	24	the	the	DET
cblr-1693	4	25	agency	agency	NOUN
cblr-1693	4	26	’s	’s	PART
cblr-1693	4	27	jurisdiction	jurisdiction	NOUN
cblr-1693	4	28	—	—	PUNCT
cblr-1693	4	29	but	but	CCONJ
cblr-1693	4	30	the	the	DET
cblr-1693	4	31	sec	sec	PROPN
cblr-1693	4	32	’s	’s	PART
cblr-1693	4	33	publicly	publicly	ADV
cblr-1693	4	34	contemplated	contemplate	VERB
cblr-1693	4	35	approach	approach	NOUN
cblr-1693	4	36	omits	omit	VERB
cblr-1693	4	37	“	"	PUNCT
cblr-1693	4	38	commission	commission	NOUN
cblr-1693	4	39	-	-	PUNCT
cblr-1693	4	40	initiated	initiate	VERB
cblr-1693	4	41	review	review	NOUN
cblr-1693	4	42	,	,	PUNCT
cblr-1693	4	43	”	"	PUNCT
cblr-1693	4	44	a	a	DET
cblr-1693	4	45	core	core	NOUN
cblr-1693	4	46	component	component	NOUN
cblr-1693	4	47	of	of	ADP
cblr-1693	4	48	title	title	NOUN
cblr-1693	4	49	vii	vii	PROPN
cblr-1693	4	50	’s	’s	PART
cblr-1693	4	51	structure	structure	NOUN
cblr-1693	4	52	.	.	PUNCT
cblr-1693	5	1	without	without	ADP
cblr-1693	5	2	this	this	DET
cblr-1693	5	3	type	type	NOUN
cblr-1693	5	4	of	of	ADP
cblr-1693	5	5	review	review	NOUN
cblr-1693	5	6	,	,	PUNCT
cblr-1693	5	7	many	many	ADJ
cblr-1693	5	8	securitybased	securitybase	VERB
cblr-1693	5	9	swaps	swap	NOUN
cblr-1693	5	10	will	will	AUX
cblr-1693	5	11	remain	remain	VERB
cblr-1693	5	12	outside	outside	ADP
cblr-1693	5	13	the	the	DET
cblr-1693	5	14	scope	scope	NOUN
cblr-1693	5	15	of	of	ADP
cblr-1693	5	16	mandatory	mandatory	ADJ
cblr-1693	5	17	central	central	ADJ
cblr-1693	5	18	clearing	clearing	NOUN
cblr-1693	5	19	,	,	PUNCT
cblr-1693	5	20	causing	cause	VERB
cblr-1693	5	21	the	the	DET
cblr-1693	5	22	sec	sec	PROPN
cblr-1693	5	23	to	to	PART
cblr-1693	5	24	fall	fall	VERB
cblr-1693	5	25	short	short	ADV
cblr-1693	5	26	of	of	ADP
cblr-1693	5	27	its	its	PRON
cblr-1693	5	28	statutory	statutory	ADJ
cblr-1693	5	29	mandate	mandate	NOUN
cblr-1693	5	30	and	and	CCONJ
cblr-1693	5	31	congress	congress	PROPN
cblr-1693	5	32	’	'	PUNCT
cblr-1693	5	33	intent	intent	NOUN
cblr-1693	5	34	.	.	PUNCT
cblr-1693	6	1	this	this	DET
cblr-1693	6	2	note	note	NOUN
cblr-1693	6	3	urges	urge	VERB
cblr-1693	6	4	the	the	DET
cblr-1693	6	5	sec	sec	PROPN
cblr-1693	6	6	and	and	CCONJ
cblr-1693	6	7	lawmakers	lawmaker	NOUN
cblr-1693	6	8	to	to	PART
cblr-1693	6	9	take	take	VERB
cblr-1693	6	10	the	the	DET
cblr-1693	6	11	necessary	necessary	ADJ
cblr-1693	6	12	steps	step	NOUN
cblr-1693	6	13	to	to	PART
cblr-1693	6	14	address	address	VERB
cblr-1693	6	15	the	the	DET
cblr-1693	6	16	“	"	PUNCT
cblr-1693	6	17	commission	commission	NOUN
cblr-1693	6	18	-	-	PUNCT
cblr-1693	6	19	initiated	initiate	VERB
cblr-1693	6	20	review	review	NOUN
cblr-1693	6	21	”	"	PUNCT
cblr-1693	6	22	missing	miss	VERB
cblr-1693	6	23	link	link	NOUN
cblr-1693	6	24	and	and	CCONJ
cblr-1693	6	25	ensure	ensure	VERB
cblr-1693	6	26	the	the	DET
cblr-1693	6	27	regulatory	regulatory	ADJ
cblr-1693	6	28	regime	regime	NOUN
cblr-1693	6	29	successfully	successfully	ADV
cblr-1693	6	30	includes	include	VERB
cblr-1693	6	31	the	the	DET
cblr-1693	6	32	entire	entire	ADJ
cblr-1693	6	33	scope	scope	NOUN
cblr-1693	6	34	of	of	ADP
cblr-1693	6	35	financial	financial	ADJ
cblr-1693	6	36	products	product	NOUN
cblr-1693	6	37	subject	subject	ADJ
cblr-1693	6	38	to	to	ADP
cblr-1693	6	39	the	the	DET
cblr-1693	6	40	sec	sec	PROPN
cblr-1693	6	41	’s	’s	PART
cblr-1693	6	42	jurisdiction	jurisdiction	NOUN
cblr-1693	6	43	.	.	PUNCT
cblr-1693	7	1	i.	i.	PROPN
cblr-1693	7	2	introduction	introduction	NOUN
cblr-1693	7	3	.................................................................	.................................................................	PUNCT
cblr-1693	8	1	254	254	NUM
cblr-1693	8	2	*	*	PUNCT
cblr-1693	8	3	j.d	j.d	PROPN
cblr-1693	8	4	.	.	PROPN
cblr-1693	8	5	candidate	candidate	NOUN
cblr-1693	8	6	2019	2019	NUM
cblr-1693	8	7	,	,	PUNCT
cblr-1693	8	8	columbia	columbia	PROPN
cblr-1693	8	9	law	law	PROPN
cblr-1693	8	10	school	school	NOUN
cblr-1693	8	11	;	;	PUNCT
cblr-1693	8	12	b.a	b.a	PROPN
cblr-1693	8	13	.	.	PROPN
cblr-1693	8	14	2013	2013	NUM
cblr-1693	8	15	,	,	PUNCT
cblr-1693	8	16	emory	emory	PROPN
cblr-1693	8	17	university	university	PROPN
cblr-1693	8	18	.	.	PUNCT
cblr-1693	9	1	i	i	PRON
cblr-1693	9	2	want	want	VERB
cblr-1693	9	3	to	to	PART
cblr-1693	9	4	express	express	VERB
cblr-1693	9	5	my	my	PRON
cblr-1693	9	6	deep	deep	ADJ
cblr-1693	9	7	thanks	thank	NOUN
cblr-1693	9	8	to	to	ADP
cblr-1693	9	9	professor	professor	PROPN
cblr-1693	9	10	eric	eric	PROPN
cblr-1693	9	11	talley	talley	PROPN
cblr-1693	9	12	for	for	ADP
cblr-1693	9	13	his	his	PRON
cblr-1693	9	14	contributions	contribution	NOUN
cblr-1693	9	15	and	and	CCONJ
cblr-1693	9	16	comments	comment	NOUN
cblr-1693	9	17	,	,	PUNCT
cblr-1693	9	18	phil	phil	PROPN
cblr-1693	9	19	andriole	andriole	PROPN
cblr-1693	9	20	,	,	PUNCT
cblr-1693	9	21	patrick	patrick	PROPN
cblr-1693	9	22	gallagher	gallagher	PROPN
cblr-1693	9	23	,	,	PUNCT
cblr-1693	9	24	and	and	CCONJ
cblr-1693	9	25	the	the	DET
cblr-1693	9	26	rest	rest	NOUN
cblr-1693	9	27	of	of	ADP
cblr-1693	9	28	the	the	DET
cblr-1693	9	29	editorial	editorial	ADJ
cblr-1693	9	30	staff	staff	NOUN
cblr-1693	9	31	at	at	ADP
cblr-1693	9	32	the	the	DET
cblr-1693	9	33	columbia	columbia	PROPN
cblr-1693	9	34	business	business	PROPN
cblr-1693	9	35	law	law	PROPN
cblr-1693	9	36	review	review	NOUN
cblr-1693	9	37	for	for	ADP
cblr-1693	9	38	their	their	PRON
cblr-1693	9	39	insights	insight	NOUN
cblr-1693	9	40	and	and	CCONJ
cblr-1693	9	41	efforts	effort	NOUN
cblr-1693	9	42	preparing	prepare	VERB
cblr-1693	9	43	this	this	DET
cblr-1693	9	44	piece	piece	NOUN
cblr-1693	9	45	for	for	ADP
cblr-1693	9	46	publication	publication	NOUN
cblr-1693	9	47	.	.	PUNCT
cblr-1693	10	1	no	no	INTJ
cblr-1693	10	2	.	.	PUNCT
cblr-1693	11	1	1:252	1:252	NUM
cblr-1693	11	2	]	]	X
cblr-1693	11	3	to	to	PART
cblr-1693	11	4	clear	clear	ADJ
cblr-1693	11	5	or	or	CCONJ
cblr-1693	11	6	not	not	PART
cblr-1693	11	7	to	to	PART
cblr-1693	11	8	clear	clear	VERB
cblr-1693	11	9	253	253	NUM
cblr-1693	11	10	ii	ii	NOUN
cblr-1693	11	11	.	.	PUNCT
cblr-1693	12	1	congress	congress	PROPN
cblr-1693	12	2	’	'	PUNCT
cblr-1693	12	3	response	response	NOUN
cblr-1693	12	4	to	to	ADP
cblr-1693	12	5	otc	otc	PROPN
cblr-1693	12	6	derivatives	derivative	NOUN
cblr-1693	12	7	’	'	PUNCT
cblr-1693	12	8	role	role	NOUN
cblr-1693	12	9	in	in	ADP
cblr-1693	12	10	the	the	DET
cblr-1693	12	11	financial	financial	ADJ
cblr-1693	12	12	crisis	crisis	NOUN
cblr-1693	12	13	:	:	PUNCT
cblr-1693	12	14	dodd	dodd	PROPN
cblr-1693	12	15	-	-	PUNCT
cblr-1693	12	16	frank	frank	PROPN
cblr-1693	12	17	’s	’s	PART
cblr-1693	12	18	central	central	ADJ
cblr-1693	12	19	clearing	clearing	NOUN
cblr-1693	12	20	mandate	mandate	NOUN
cblr-1693	12	21	.......................................................................	.......................................................................	PUNCT
cblr-1693	12	22	260	260	NUM
cblr-1693	12	23	a.	a.	NOUN
cblr-1693	12	24	otc	otc	PROPN
cblr-1693	12	25	derivatives	derivative	NOUN
cblr-1693	12	26	:	:	PUNCT
cblr-1693	12	27	what	what	PRON
cblr-1693	12	28	is	be	AUX
cblr-1693	12	29	a	a	DET
cblr-1693	12	30	swap	swap	NOUN
cblr-1693	12	31	?	?	PUNCT
cblr-1693	13	1	.....................	.....................	PUNCT
cblr-1693	14	1	260	260	NUM
cblr-1693	14	2	b.	b.	NOUN
cblr-1693	14	3	the	the	DET
cblr-1693	14	4	role	role	NOUN
cblr-1693	14	5	of	of	ADP
cblr-1693	14	6	otc	otc	PROPN
cblr-1693	14	7	derivatives	derivative	NOUN
cblr-1693	14	8	in	in	ADP
cblr-1693	14	9	the	the	DET
cblr-1693	14	10	financial	financial	ADJ
cblr-1693	14	11	crisis	crisis	NOUN
cblr-1693	14	12	.....................................................	.....................................................	PUNCT
cblr-1693	14	13	264	264	NUM
cblr-1693	14	14	c.	c.	PROPN
cblr-1693	14	15	congress	congress	PROPN
cblr-1693	14	16	’	'	PUNCT
cblr-1693	14	17	response	response	NOUN
cblr-1693	14	18	:	:	PUNCT
cblr-1693	14	19	the	the	DET
cblr-1693	14	20	wall	wall	PROPN
cblr-1693	14	21	street	street	PROPN
cblr-1693	14	22	transparency	transparency	NOUN
cblr-1693	14	23	and	and	CCONJ
cblr-1693	14	24	accountability	accountability	NOUN
cblr-1693	14	25	act	act	NOUN
cblr-1693	14	26	.................	.................	PUNCT
cblr-1693	14	27	267	267	NUM
cblr-1693	14	28	1	1	NUM
cblr-1693	14	29	.	.	PUNCT
cblr-1693	14	30	title	title	PROPN
cblr-1693	14	31	vii	vii	PROPN
cblr-1693	14	32	’s	’s	PART
cblr-1693	14	33	core	core	NOUN
cblr-1693	14	34	:	:	PUNCT
cblr-1693	14	35	mandatory	mandatory	ADJ
cblr-1693	14	36	central	central	ADJ
cblr-1693	14	37	clearing	clearing	NOUN
cblr-1693	14	38	as	as	ADP
cblr-1693	14	39	a	a	DET
cblr-1693	14	40	means	means	NOUN
cblr-1693	14	41	of	of	ADP
cblr-1693	14	42	risk	risk	NOUN
cblr-1693	14	43	-	-	PUNCT
cblr-1693	14	44	prevention	prevention	NOUN
cblr-1693	14	45	...............................................	...............................................	PUNCT
cblr-1693	14	46	267	267	NUM
cblr-1693	14	47	2	2	NUM
cblr-1693	14	48	.	.	PUNCT
cblr-1693	14	49	international	international	ADJ
cblr-1693	14	50	consensus	consensus	NOUN
cblr-1693	14	51	on	on	ADP
cblr-1693	14	52	mandatory	mandatory	ADJ
cblr-1693	14	53	central	central	ADJ
cblr-1693	14	54	clearing	clearing	NOUN
cblr-1693	14	55	..........................	..........................	PUNCT
cblr-1693	14	56	271	271	NUM
cblr-1693	14	57	d.	d.	PROPN
cblr-1693	14	58	the	the	DET
cblr-1693	14	59	financial	financial	ADJ
cblr-1693	14	60	regulators	regulator	NOUN
cblr-1693	14	61	’	’	PART
cblr-1693	14	62	implementation	implementation	NOUN
cblr-1693	14	63	of	of	ADP
cblr-1693	14	64	the	the	DET
cblr-1693	14	65	wall	wall	PROPN
cblr-1693	14	66	street	street	PROPN
cblr-1693	14	67	transparency	transparency	NOUN
cblr-1693	14	68	and	and	CCONJ
cblr-1693	14	69	accountability	accountability	NOUN
cblr-1693	14	70	act	act	NOUN
cblr-1693	14	71	.................................................	.................................................	PUNCT
cblr-1693	14	72	273	273	NUM
cblr-1693	14	73	1	1	NUM
cblr-1693	14	74	.	.	PUNCT
cblr-1693	15	1	the	the	DET
cblr-1693	15	2	cftc	cftc	PROPN
cblr-1693	15	3	takes	take	VERB
cblr-1693	15	4	action	action	NOUN
cblr-1693	15	5	..................................	..................................	PUNCT
cblr-1693	16	1	275	275	NUM
cblr-1693	16	2	2	2	NUM
cblr-1693	16	3	.	.	PUNCT
cblr-1693	17	1	the	the	DET
cblr-1693	17	2	sec	sec	PROPN
cblr-1693	17	3	’s	’s	PART
cblr-1693	17	4	deliberate	deliberate	ADJ
cblr-1693	17	5	approach	approach	NOUN
cblr-1693	17	6	.....................	.....................	PUNCT
cblr-1693	17	7	278	278	NUM
cblr-1693	17	8	iii	iii	NOUN
cblr-1693	17	9	.	.	PUNCT
cblr-1693	18	1	the	the	DET
cblr-1693	18	2	regulatory	regulatory	ADJ
cblr-1693	18	3	hole	hole	NOUN
cblr-1693	18	4	created	create	VERB
cblr-1693	18	5	by	by	ADP
cblr-1693	18	6	the	the	DET
cblr-1693	18	7	sec	sec	PROPN
cblr-1693	18	8	’s	’s	PART
cblr-1693	18	9	approach	approach	NOUN
cblr-1693	18	10	......................................................................	......................................................................	PUNCT
cblr-1693	18	11	282	282	NUM
cblr-1693	18	12	a.	a.	NOUN
cblr-1693	18	13	security	security	NOUN
cblr-1693	18	14	-	-	PUNCT
cblr-1693	18	15	based	base	VERB
cblr-1693	18	16	swaps	swap	NOUN
cblr-1693	18	17	are	be	AUX
cblr-1693	18	18	not	not	PART
cblr-1693	18	19	suitable	suitable	ADJ
cblr-1693	18	20	for	for	ADP
cblr-1693	18	21	a	a	DET
cblr-1693	18	22	submission	submission	NOUN
cblr-1693	18	23	-	-	PUNCT
cblr-1693	18	24	only	only	ADJ
cblr-1693	18	25	process	process	NOUN
cblr-1693	18	26	.............	.............	PUNCT
cblr-1693	18	27	283	283	NUM
cblr-1693	18	28	b.	b.	NOUN
cblr-1693	18	29	one	one	NUM
cblr-1693	18	30	size	size	NOUN
cblr-1693	18	31	does	do	AUX
cblr-1693	18	32	not	not	PART
cblr-1693	18	33	fit	fit	VERB
cblr-1693	18	34	all	all	PRON
cblr-1693	18	35	:	:	PUNCT
cblr-1693	18	36	the	the	DET
cblr-1693	18	37	cftc	cftc	PROPN
cblr-1693	18	38	’s	’s	PART
cblr-1693	18	39	approach	approach	NOUN
cblr-1693	18	40	does	do	AUX
cblr-1693	18	41	not	not	PART
cblr-1693	18	42	work	work	VERB
cblr-1693	18	43	for	for	ADP
cblr-1693	18	44	the	the	DET
cblr-1693	18	45	sec	sec	PROPN
cblr-1693	18	46	................	................	PUNCT
cblr-1693	18	47	285	285	NUM
cblr-1693	18	48	1	1	NUM
cblr-1693	18	49	.	.	PUNCT
cblr-1693	19	1	current	current	ADJ
cblr-1693	19	2	clearing	clearing	NOUN
cblr-1693	19	3	of	of	ADP
cblr-1693	19	4	security	security	NOUN
cblr-1693	19	5	-	-	PUNCT
cblr-1693	19	6	based	base	VERB
cblr-1693	19	7	swaps	swap	NOUN
cblr-1693	19	8	limit	limit	NOUN
cblr-1693	19	9	submissions	submission	NOUN
cblr-1693	19	10	’	'	PUNCT
cblr-1693	19	11	effectiveness	effectiveness	NOUN
cblr-1693	19	12	....................................................	....................................................	PUNCT
cblr-1693	19	13	286	286	NUM
cblr-1693	19	14	2	2	NUM
cblr-1693	19	15	.	.	PUNCT
cblr-1693	19	16	market	market	NOUN
cblr-1693	19	17	purposes	purpose	NOUN
cblr-1693	19	18	for	for	ADP
cblr-1693	19	19	security	security	NOUN
cblr-1693	19	20	-	-	PUNCT
cblr-1693	19	21	based	base	VERB
cblr-1693	19	22	swaps	swap	NOUN
cblr-1693	19	23	encourage	encourage	VERB
cblr-1693	19	24	inertia	inertia	NOUN
cblr-1693	19	25	................................	................................	PUNCT
cblr-1693	19	26	287	287	NUM
cblr-1693	19	27	3	3	NUM
cblr-1693	19	28	.	.	PUNCT
cblr-1693	20	1	lack	lack	NOUN
cblr-1693	20	2	of	of	ADP
cblr-1693	20	3	regulatory	regulatory	ADJ
cblr-1693	20	4	incentives	incentive	NOUN
cblr-1693	20	5	will	will	AUX
cblr-1693	20	6	promote	promote	VERB
cblr-1693	20	7	continuation	continuation	NOUN
cblr-1693	20	8	of	of	ADP
cblr-1693	20	9	the	the	DET
cblr-1693	20	10	status	status	NOUN
cblr-1693	20	11	quo	quo	NOUN
cblr-1693	20	12	......	......	PUNCT
cblr-1693	20	13	289	289	NUM
cblr-1693	20	14	c.	c.	NOUN
cblr-1693	20	15	mandatory	mandatory	ADJ
cblr-1693	20	16	central	central	ADJ
cblr-1693	20	17	clearing	clearing	NOUN
cblr-1693	20	18	:	:	PUNCT
cblr-1693	20	19	the	the	DET
cblr-1693	20	20	sec	sec	PROPN
cblr-1693	20	21	’s	’s	PART
cblr-1693	20	22	obligation	obligation	NOUN
cblr-1693	20	23	to	to	PART
cblr-1693	20	24	implement	implement	VERB
cblr-1693	20	25	congress	congress	PROPN
cblr-1693	20	26	’	'	PUNCT
cblr-1693	20	27	intent	intent	NOUN
cblr-1693	20	28	.........	.........	PUNCT
cblr-1693	20	29	292	292	NUM
cblr-1693	20	30	iv	iv	NOUN
cblr-1693	20	31	.	.	PUNCT
cblr-1693	20	32	judicial	judicial	ADJ
cblr-1693	20	33	and	and	CCONJ
cblr-1693	20	34	political	political	ADJ
cblr-1693	20	35	oversight	oversight	NOUN
cblr-1693	20	36	:	:	PUNCT
cblr-1693	20	37	forcing	force	VERB
cblr-1693	20	38	the	the	DET
cblr-1693	20	39	regulator	regulator	NOUN
cblr-1693	20	40	to	to	PART
cblr-1693	20	41	regulate	regulate	VERB
cblr-1693	20	42	.................................................	.................................................	PUNCT
cblr-1693	20	43	296	296	NUM
cblr-1693	20	44	a.	a.	NOUN
cblr-1693	20	45	massachusetts	massachusetts	PROPN
cblr-1693	20	46	v.	v.	ADP
cblr-1693	20	47	epa	epa	PROPN
cblr-1693	20	48	:	:	PUNCT
cblr-1693	20	49	a	a	DET
cblr-1693	20	50	framework	framework	NOUN
cblr-1693	20	51	for	for	ADP
cblr-1693	20	52	compelling	compelling	ADJ
cblr-1693	20	53	agency	agency	NOUN
cblr-1693	20	54	action	action	NOUN
cblr-1693	20	55	...................................	...................................	PUNCT
cblr-1693	20	56	297	297	NUM
cblr-1693	20	57	b.	b.	PROPN
cblr-1693	20	58	the	the	DET
cblr-1693	20	59	pitfalls	pitfall	NOUN
cblr-1693	20	60	:	:	PUNCT
cblr-1693	20	61	the	the	DET
cblr-1693	20	62	constitutional	constitutional	ADJ
cblr-1693	20	63	standing	standing	ADJ
cblr-1693	20	64	requirement	requirement	NOUN
cblr-1693	20	65	of	of	ADP
cblr-1693	20	66	injury	injury	NOUN
cblr-1693	20	67	-	-	PUNCT
cblr-1693	20	68	in	in	ADP
cblr-1693	20	69	-	-	PUNCT
cblr-1693	20	70	fact	fact	NOUN
cblr-1693	20	71	.............................	.............................	PUNCT
cblr-1693	20	72	300	300	NUM
cblr-1693	20	73	254	254	NUM
cblr-1693	20	74	columbia	columbia	PROPN
cblr-1693	20	75	business	business	NOUN
cblr-1693	20	76	law	law	NOUN
cblr-1693	20	77	review	review	NOUN
cblr-1693	21	1	[	[	X
cblr-1693	21	2	vol	vol	NOUN
cblr-1693	21	3	.	.	NOUN
cblr-1693	21	4	2019	2019	NUM
cblr-1693	21	5	c.	c.	PROPN
cblr-1693	21	6	political	political	ADJ
cblr-1693	21	7	accountability	accountability	NOUN
cblr-1693	21	8	:	:	PUNCT
cblr-1693	21	9	using	use	VERB
cblr-1693	21	10	elected	elect	VERB
cblr-1693	21	11	officials	official	NOUN
cblr-1693	21	12	to	to	PART
cblr-1693	21	13	pressure	pressure	VERB
cblr-1693	21	14	the	the	DET
cblr-1693	21	15	sec	sec	PROPN
cblr-1693	21	16	into	into	ADP
cblr-1693	21	17	action	action	NOUN
cblr-1693	21	18	...........	...........	PUNCT
cblr-1693	21	19	301	301	NUM
cblr-1693	21	20	v.	v.	ADP
cblr-1693	21	21	conclusion	conclusion	NOUN
cblr-1693	21	22	....................................................................	....................................................................	PUNCT
cblr-1693	21	23	303	303	NUM
cblr-1693	21	24	i.	i.	NOUN
cblr-1693	21	25	introduction	introduction	NOUN
cblr-1693	21	26	a	a	DET
cblr-1693	21	27	number	number	NOUN
cblr-1693	21	28	of	of	ADP
cblr-1693	21	29	complex	complex	ADJ
cblr-1693	21	30	and	and	CCONJ
cblr-1693	21	31	diverse	diverse	ADJ
cblr-1693	21	32	factors	factor	NOUN
cblr-1693	21	33	created	create	VERB
cblr-1693	21	34	and	and	CCONJ
cblr-1693	21	35	deepened	deepen	VERB
cblr-1693	21	36	the	the	DET
cblr-1693	21	37	2008	2008	NUM
cblr-1693	21	38	financial	financial	ADJ
cblr-1693	21	39	crisis	crisis	NOUN
cblr-1693	21	40	.	.	PUNCT
cblr-1693	22	1	academics	academic	NOUN
cblr-1693	22	2	’	'	PUNCT
cblr-1693	22	3	and	and	CCONJ
cblr-1693	22	4	regulators	regulator	NOUN
cblr-1693	22	5	’	'	PUNCT
cblr-1693	22	6	attempts	attempt	VERB
cblr-1693	22	7	to	to	PART
cblr-1693	22	8	identify	identify	VERB
cblr-1693	22	9	the	the	DET
cblr-1693	22	10	most	most	ADV
cblr-1693	22	11	important	important	ADJ
cblr-1693	22	12	contributing	contribute	VERB
cblr-1693	22	13	factors	factor	NOUN
cblr-1693	22	14	generated	generate	VERB
cblr-1693	22	15	significant	significant	ADJ
cblr-1693	22	16	discussion	discussion	NOUN
cblr-1693	22	17	and	and	CCONJ
cblr-1693	22	18	disagreement.1	disagreement.1	VERB
cblr-1693	22	19	however	however	ADV
cblr-1693	22	20	,	,	PUNCT
cblr-1693	22	21	a	a	DET
cblr-1693	22	22	general	general	ADJ
cblr-1693	22	23	consensus	consensus	NOUN
cblr-1693	22	24	emerged	emerge	VERB
cblr-1693	22	25	on	on	ADP
cblr-1693	22	26	one	one	NUM
cblr-1693	22	27	point	point	NOUN
cblr-1693	22	28	—	—	PUNCT
cblr-1693	22	29	derivative	derivative	ADJ
cblr-1693	22	30	products	product	NOUN
cblr-1693	22	31	played	play	VERB
cblr-1693	22	32	a	a	DET
cblr-1693	22	33	central	central	ADJ
cblr-1693	22	34	role	role	NOUN
cblr-1693	22	35	in	in	ADP
cblr-1693	22	36	exacerbating	exacerbate	VERB
cblr-1693	22	37	the	the	DET
cblr-1693	22	38	crisis.2	crisis.2	PROPN
cblr-1693	22	39	at	at	ADP
cblr-1693	22	40	some	some	PRON
cblr-1693	22	41	of	of	ADP
cblr-1693	22	42	the	the	DET
cblr-1693	22	43	most	most	ADV
cblr-1693	22	44	turbulent	turbulent	ADJ
cblr-1693	22	45	moments	moment	NOUN
cblr-1693	22	46	,	,	PUNCT
cblr-1693	22	47	the	the	DET
cblr-1693	22	48	highly	highly	ADV
cblr-1693	22	49	interconnected	interconnected	ADJ
cblr-1693	22	50	derivatives	derivative	NOUN
cblr-1693	22	51	market	market	NOUN
cblr-1693	22	52	served	serve	VERB
cblr-1693	22	53	to	to	PART
cblr-1693	22	54	stoke	stoke	VERB
cblr-1693	22	55	institutional	institutional	ADJ
cblr-1693	22	56	fear	fear	NOUN
cblr-1693	22	57	and	and	CCONJ
cblr-1693	22	58	dramatically	dramatically	ADV
cblr-1693	22	59	increase	increase	VERB
cblr-1693	22	60	financial	financial	ADJ
cblr-1693	22	61	entities	entity	NOUN
cblr-1693	22	62	’	'	PUNCT
cblr-1693	22	63	exposure	exposure	NOUN
cblr-1693	22	64	to	to	ADP
cblr-1693	22	65	risky	risky	ADJ
cblr-1693	22	66	assets.3	assets.3	VERB
cblr-1693	22	67	although	although	SCONJ
cblr-1693	22	68	identifying	identify	VERB
cblr-1693	22	69	specific	specific	ADJ
cblr-1693	22	70	1	1	NUM
cblr-1693	22	71	see	see	NOUN
cblr-1693	22	72	,	,	PUNCT
cblr-1693	22	73	e.g.	e.g.	ADV
cblr-1693	22	74	,	,	PUNCT
cblr-1693	22	75	fin	fin	NOUN
cblr-1693	22	76	.	.	PUNCT
cblr-1693	23	1	crisis	crisis	NOUN
cblr-1693	23	2	inquiry	inquiry	NOUN
cblr-1693	23	3	comm’n	comm’n	NOUN
cblr-1693	23	4	,	,	PUNCT
cblr-1693	23	5	the	the	DET
cblr-1693	23	6	financial	financial	ADJ
cblr-1693	23	7	crisis	crisis	NOUN
cblr-1693	23	8	inquiry	inquiry	NOUN
cblr-1693	23	9	report	report	NOUN
cblr-1693	23	10	:	:	PUNCT
cblr-1693	23	11	final	final	ADJ
cblr-1693	23	12	report	report	NOUN
cblr-1693	23	13	of	of	ADP
cblr-1693	23	14	the	the	DET
cblr-1693	23	15	national	national	ADJ
cblr-1693	23	16	commission	commission	PROPN
cblr-1693	23	17	on	on	ADP
cblr-1693	23	18	the	the	DET
cblr-1693	23	19	causes	cause	NOUN
cblr-1693	23	20	of	of	ADP
cblr-1693	23	21	the	the	DET
cblr-1693	23	22	financial	financial	ADJ
cblr-1693	23	23	and	and	CCONJ
cblr-1693	23	24	economic	economic	ADJ
cblr-1693	23	25	crisis	crisis	NOUN
cblr-1693	23	26	in	in	ADP
cblr-1693	23	27	the	the	DET
cblr-1693	23	28	united	united	PROPN
cblr-1693	23	29	states	states	PROPN
cblr-1693	23	30	xvi	xvi	NOUN
cblr-1693	23	31	(	(	PUNCT
cblr-1693	23	32	2011	2011	NUM
cblr-1693	23	33	)	)	PUNCT
cblr-1693	24	1	[	[	X
cblr-1693	24	2	hereinafter	hereinafter	NOUN
cblr-1693	24	3	fin	fin	NOUN
cblr-1693	24	4	.	.	PUNCT
cblr-1693	25	1	crisis	crisis	NOUN
cblr-1693	25	2	inquiry	inquiry	NOUN
cblr-1693	25	3	report	report	NOUN
cblr-1693	25	4	]	]	PUNCT
cblr-1693	25	5	,	,	PUNCT
cblr-1693	25	6	https://www.gpo.gov/fdsys/	https://www.gpo.gov/fdsys/	VERB
cblr-1693	25	7	pkg	pkg	NOUN
cblr-1693	25	8	/	/	SYM
cblr-1693	25	9	gpo	gpo	NOUN
cblr-1693	25	10	-	-	PUNCT
cblr-1693	25	11	fcic	fcic	NOUN
cblr-1693	25	12	/	/	SYM
cblr-1693	25	13	pdf	pdf	NOUN
cblr-1693	25	14	/	/	SYM
cblr-1693	25	15	gpo	gpo	NOUN
cblr-1693	25	16	-	-	PUNCT
cblr-1693	25	17	fcic.pdf	fcic.pdf	NOUN
cblr-1693	25	18	[	[	X
cblr-1693	25	19	perma.cc/e7ez-le6a	perma.cc/e7ez-le6a	NOUN
cblr-1693	25	20	]	]	X
cblr-1693	25	21	(	(	PUNCT
cblr-1693	25	22	“	"	PUNCT
cblr-1693	25	23	while	while	SCONJ
cblr-1693	25	24	the	the	DET
cblr-1693	25	25	vulnerabilities	vulnerability	NOUN
cblr-1693	25	26	that	that	PRON
cblr-1693	25	27	created	create	VERB
cblr-1693	25	28	the	the	DET
cblr-1693	25	29	potential	potential	NOUN
cblr-1693	25	30	for	for	ADP
cblr-1693	25	31	crisis	crisis	NOUN
cblr-1693	25	32	were	be	AUX
cblr-1693	25	33	years	year	NOUN
cblr-1693	25	34	in	in	ADP
cblr-1693	25	35	the	the	DET
cblr-1693	25	36	making	making	NOUN
cblr-1693	25	37	,	,	PUNCT
cblr-1693	25	38	it	it	PRON
cblr-1693	25	39	was	be	AUX
cblr-1693	25	40	the	the	DET
cblr-1693	25	41	collapse	collapse	NOUN
cblr-1693	25	42	of	of	ADP
cblr-1693	25	43	the	the	DET
cblr-1693	25	44	housing	housing	NOUN
cblr-1693	25	45	bubble	bubble	NOUN
cblr-1693	25	46	—	—	PUNCT
cblr-1693	25	47	fueled	fuel	VERB
cblr-1693	25	48	by	by	ADP
cblr-1693	25	49	low	low	ADJ
cblr-1693	25	50	interest	interest	NOUN
cblr-1693	25	51	rates	rate	NOUN
cblr-1693	25	52	,	,	PUNCT
cblr-1693	25	53	easy	easy	ADJ
cblr-1693	25	54	and	and	CCONJ
cblr-1693	25	55	available	available	ADJ
cblr-1693	25	56	credit	credit	NOUN
cblr-1693	25	57	,	,	PUNCT
cblr-1693	25	58	scant	scant	ADJ
cblr-1693	25	59	regulation	regulation	NOUN
cblr-1693	25	60	,	,	PUNCT
cblr-1693	25	61	and	and	CCONJ
cblr-1693	25	62	toxic	toxic	ADJ
cblr-1693	25	63	mortgages	mortgage	NOUN
cblr-1693	25	64	—	—	PUNCT
cblr-1693	25	65	that	that	PRON
cblr-1693	25	66	was	be	AUX
cblr-1693	25	67	the	the	DET
cblr-1693	25	68	spark	spark	NOUN
cblr-1693	25	69	that	that	PRON
cblr-1693	25	70	ignited	ignite	VERB
cblr-1693	25	71	a	a	DET
cblr-1693	25	72	string	string	NOUN
cblr-1693	25	73	of	of	ADP
cblr-1693	25	74	events	event	NOUN
cblr-1693	25	75	[	[	X
cblr-1693	25	76	.	.	X
cblr-1693	25	77	]	]	X
cblr-1693	25	78	”	"	PUNCT
cblr-1693	25	79	)	)	PUNCT
cblr-1693	25	80	;	;	PUNCT
cblr-1693	25	81	see	see	VERB
cblr-1693	25	82	also	also	ADV
cblr-1693	25	83	james	james	PROPN
cblr-1693	25	84	crotty	crotty	PROPN
cblr-1693	25	85	,	,	PUNCT
cblr-1693	25	86	structural	structural	ADJ
cblr-1693	25	87	causes	cause	NOUN
cblr-1693	25	88	of	of	ADP
cblr-1693	25	89	the	the	DET
cblr-1693	25	90	global	global	ADJ
cblr-1693	25	91	financial	financial	ADJ
cblr-1693	25	92	crisis	crisis	NOUN
cblr-1693	25	93	:	:	PUNCT
cblr-1693	25	94	a	a	DET
cblr-1693	25	95	critical	critical	ADJ
cblr-1693	25	96	assessment	assessment	NOUN
cblr-1693	25	97	of	of	ADP
cblr-1693	25	98	the	the	DET
cblr-1693	25	99	‘	'	PUNCT
cblr-1693	25	100	new	new	ADJ
cblr-1693	25	101	financial	financial	ADJ
cblr-1693	25	102	architecture	architecture	NOUN
cblr-1693	25	103	’	'	PUNCT
cblr-1693	25	104	,	,	PUNCT
cblr-1693	25	105	33	33	NUM
cblr-1693	25	106	cambridge	cambridge	PROPN
cblr-1693	25	107	j.	j.	PROPN
cblr-1693	25	108	econ	econ	PROPN
cblr-1693	25	109	.	.	PROPN
cblr-1693	26	1	563	563	NUM
cblr-1693	26	2	,	,	PUNCT
cblr-1693	26	3	564	564	NUM
cblr-1693	26	4	(	(	PUNCT
cblr-1693	26	5	2009	2009	NUM
cblr-1693	26	6	)	)	PUNCT
cblr-1693	26	7	(	(	PUNCT
cblr-1693	26	8	“	"	PUNCT
cblr-1693	26	9	[	[	X
cblr-1693	26	10	the	the	DET
cblr-1693	26	11	financial	financial	ADJ
cblr-1693	26	12	crisis	crisis	NOUN
cblr-1693	26	13	’	'	PUNCT
cblr-1693	26	14	]	]	PUNCT
cblr-1693	26	15	deep	deep	ADJ
cblr-1693	26	16	cause	cause	NOUN
cblr-1693	26	17	on	on	ADP
cblr-1693	26	18	the	the	DET
cblr-1693	26	19	financial	financial	ADJ
cblr-1693	26	20	side	side	NOUN
cblr-1693	26	21	is	be	AUX
cblr-1693	26	22	to	to	PART
cblr-1693	26	23	be	be	AUX
cblr-1693	26	24	found	find	VERB
cblr-1693	26	25	in	in	ADP
cblr-1693	26	26	the	the	DET
cblr-1693	26	27	flawed	flawed	ADJ
cblr-1693	26	28	institutions	institution	NOUN
cblr-1693	26	29	and	and	CCONJ
cblr-1693	26	30	practices	practice	NOUN
cblr-1693	26	31	of	of	ADP
cblr-1693	26	32	the	the	DET
cblr-1693	26	33	current	current	ADJ
cblr-1693	26	34	financial	financial	ADJ
cblr-1693	26	35	regime	regime	NOUN
cblr-1693	26	36	[	[	X
cblr-1693	26	37	.	.	X
cblr-1693	26	38	]	]	X
cblr-1693	26	39	”	"	PUNCT
cblr-1693	26	40	)	)	PUNCT
cblr-1693	26	41	.	.	PUNCT
cblr-1693	27	1	2	2	NUM
cblr-1693	27	2	see	see	VERB
cblr-1693	27	3	,	,	PUNCT
cblr-1693	27	4	e.g.	e.g.	ADV
cblr-1693	27	5	,	,	PUNCT
cblr-1693	27	6	anupam	anupam	PROPN
cblr-1693	27	7	chander	chander	PROPN
cblr-1693	27	8	&	&	CCONJ
cblr-1693	27	9	randall	randall	PROPN
cblr-1693	27	10	costa	costa	PROPN
cblr-1693	27	11	,	,	PUNCT
cblr-1693	27	12	clearing	clear	VERB
cblr-1693	27	13	credit	credit	NOUN
cblr-1693	27	14	default	default	NOUN
cblr-1693	27	15	swaps	swap	NOUN
cblr-1693	27	16	:	:	PUNCT
cblr-1693	27	17	a	a	DET
cblr-1693	27	18	case	case	NOUN
cblr-1693	27	19	study	study	NOUN
cblr-1693	27	20	in	in	ADP
cblr-1693	27	21	global	global	ADJ
cblr-1693	27	22	legal	legal	ADJ
cblr-1693	27	23	convergence	convergence	NOUN
cblr-1693	27	24	,	,	PUNCT
cblr-1693	27	25	10	10	NUM
cblr-1693	27	26	chi	chi	NOUN
cblr-1693	27	27	.	.	PUNCT
cblr-1693	28	1	j.	j.	PROPN
cblr-1693	28	2	int’l	int’l	PROPN
cblr-1693	28	3	l.	l.	PROPN
cblr-1693	28	4	639	639	NUM
cblr-1693	28	5	,	,	PUNCT
cblr-1693	28	6	639	639	NUM
cblr-1693	28	7	(	(	PUNCT
cblr-1693	28	8	2010	2010	NUM
cblr-1693	28	9	)	)	PUNCT
cblr-1693	28	10	(	(	PUNCT
cblr-1693	28	11	“	"	PUNCT
cblr-1693	28	12	on	on	ADP
cblr-1693	28	13	both	both	DET
cblr-1693	28	14	sides	side	NOUN
cblr-1693	28	15	of	of	ADP
cblr-1693	28	16	the	the	DET
cblr-1693	28	17	atlantic	atlantic	NOUN
cblr-1693	28	18	,	,	PUNCT
cblr-1693	28	19	regulators	regulator	NOUN
cblr-1693	28	20	identified	identify	VERB
cblr-1693	28	21	credit	credit	NOUN
cblr-1693	28	22	default	default	NOUN
cblr-1693	28	23	swaps	swap	NOUN
cblr-1693	28	24	(	(	PUNCT
cblr-1693	28	25	cds	cd	NOUN
cblr-1693	28	26	)	)	PUNCT
cblr-1693	28	27	as	as	ADP
cblr-1693	28	28	a	a	DET
cblr-1693	28	29	central	central	ADJ
cblr-1693	28	30	factor	factor	NOUN
cblr-1693	28	31	in	in	ADP
cblr-1693	28	32	the	the	DET
cblr-1693	28	33	crisis	crisis	NOUN
cblr-1693	28	34	that	that	PRON
cblr-1693	28	35	seized	seize	VERB
cblr-1693	28	36	bear	bear	NOUN
cblr-1693	28	37	stearns	stearns	PROPN
cblr-1693	28	38	,	,	PUNCT
cblr-1693	28	39	lehman	lehman	PROPN
cblr-1693	28	40	brothers	brother	NOUN
cblr-1693	28	41	,	,	PUNCT
cblr-1693	28	42	american	american	PROPN
cblr-1693	28	43	international	international	PROPN
cblr-1693	28	44	group	group	PROPN
cblr-1693	28	45	(	(	PUNCT
cblr-1693	28	46	aig	aig	PROPN
cblr-1693	28	47	)	)	PUNCT
cblr-1693	28	48	,	,	PUNCT
cblr-1693	28	49	and	and	CCONJ
cblr-1693	28	50	ultimately	ultimately	ADV
cblr-1693	28	51	the	the	DET
cblr-1693	28	52	world	world	NOUN
cblr-1693	28	53	.	.	PUNCT
cblr-1693	28	54	”	"	PUNCT
cblr-1693	28	55	)	)	PUNCT
cblr-1693	28	56	;	;	PUNCT
cblr-1693	28	57	i	i	PRON
cblr-1693	28	58	d.	d.	PROPN
cblr-1693	28	59	at	at	ADP
cblr-1693	28	60	639	639	NUM
cblr-1693	28	61	n.1	n.1	SYM
cblr-1693	28	62	(	(	PUNCT
cblr-1693	28	63	citations	citation	NOUN
cblr-1693	28	64	omitted	omit	VERB
cblr-1693	28	65	)	)	PUNCT
cblr-1693	28	66	(	(	PUNCT
cblr-1693	28	67	“	"	PUNCT
cblr-1693	28	68	cds	cd	NOUN
cblr-1693	28	69	became	become	VERB
cblr-1693	28	70	a	a	DET
cblr-1693	28	71	central	central	ADJ
cblr-1693	28	72	culprit	culprit	NOUN
cblr-1693	28	73	in	in	ADP
cblr-1693	28	74	the	the	DET
cblr-1693	28	75	popular	popular	ADJ
cblr-1693	28	76	press	press	NOUN
cblr-1693	28	77	as	as	ADV
cblr-1693	28	78	well	well	ADV
cblr-1693	28	79	.	.	PUNCT
cblr-1693	28	80	”	"	PUNCT
cblr-1693	28	81	)	)	PUNCT
cblr-1693	28	82	;	;	PUNCT
cblr-1693	29	1	fin	fin	NOUN
cblr-1693	29	2	.	.	PUNCT
cblr-1693	30	1	crisis	crisis	NOUN
cblr-1693	30	2	inquiry	inquiry	NOUN
cblr-1693	30	3	comm’n	comm’n	NOUN
cblr-1693	30	4	,	,	PUNCT
cblr-1693	30	5	supra	supra	ADJ
cblr-1693	30	6	note	note	NOUN
cblr-1693	30	7	1	1	NUM
cblr-1693	30	8	,	,	PUNCT
cblr-1693	30	9	at	at	ADP
cblr-1693	30	10	xxiv	xxiv	PROPN
cblr-1693	30	11	–	–	PUNCT
cblr-1693	30	12	xxv	xxv	PROPN
cblr-1693	30	13	(	(	PUNCT
cblr-1693	30	14	“	"	PUNCT
cblr-1693	30	15	we	we	PRON
cblr-1693	30	16	conclude	conclude	VERB
cblr-1693	30	17	over	over	ADP
cblr-1693	30	18	-	-	PUNCT
cblr-1693	30	19	the	the	DET
cblr-1693	30	20	-	-	PUNCT
cblr-1693	30	21	counter	counter	NOUN
cblr-1693	30	22	derivatives	derivative	NOUN
cblr-1693	30	23	contributed	contribute	VERB
cblr-1693	30	24	significantly	significantly	ADV
cblr-1693	30	25	to	to	ADP
cblr-1693	30	26	this	this	DET
cblr-1693	30	27	crisis	crisis	NOUN
cblr-1693	30	28	.	.	PUNCT
cblr-1693	30	29	.	.	PUNCT
cblr-1693	30	30	.	.	PUNCT
cblr-1693	30	31	.	.	PUNCT
cblr-1693	31	1	[	[	X
cblr-1693	31	2	w]hen	w]hen	ADV
cblr-1693	31	3	the	the	DET
cblr-1693	31	4	housing	housing	NOUN
cblr-1693	31	5	bubble	bubble	NOUN
cblr-1693	31	6	popped	pop	VERB
cblr-1693	31	7	and	and	CCONJ
cblr-1693	31	8	crisis	crisis	NOUN
cblr-1693	31	9	followed	follow	VERB
cblr-1693	31	10	,	,	PUNCT
cblr-1693	31	11	derivatives	derivative	NOUN
cblr-1693	31	12	were	be	AUX
cblr-1693	31	13	in	in	ADP
cblr-1693	31	14	the	the	DET
cblr-1693	31	15	center	center	NOUN
cblr-1693	31	16	of	of	ADP
cblr-1693	31	17	the	the	DET
cblr-1693	31	18	storm	storm	NOUN
cblr-1693	31	19	.	.	PUNCT
cblr-1693	31	20	”	"	PUNCT
cblr-1693	31	21	)	)	PUNCT
cblr-1693	31	22	.	.	PUNCT
cblr-1693	32	1	3	3	NUM
cblr-1693	32	2	steven	steven	PROPN
cblr-1693	32	3	mcnamara	mcnamara	PROPN
cblr-1693	32	4	,	,	PUNCT
cblr-1693	32	5	financial	financial	ADJ
cblr-1693	32	6	markets	market	NOUN
cblr-1693	32	7	uncertainty	uncertainty	NOUN
cblr-1693	32	8	and	and	CCONJ
cblr-1693	32	9	the	the	DET
cblr-1693	32	10	rawlsian	rawlsian	ADJ
cblr-1693	32	11	argument	argument	NOUN
cblr-1693	32	12	for	for	ADP
cblr-1693	32	13	central	central	ADJ
cblr-1693	32	14	counterparty	counterparty	NOUN
cblr-1693	32	15	clearing	clearing	NOUN
cblr-1693	32	16	of	of	ADP
cblr-1693	32	17	otc	otc	PROPN
cblr-1693	32	18	derivatives	derivative	NOUN
cblr-1693	32	19	,	,	PUNCT
cblr-1693	32	20	28	28	NUM
cblr-1693	32	21	notre	notre	PROPN
cblr-1693	32	22	dame	dame	PROPN
cblr-1693	32	23	j.l	j.l	PROPN
cblr-1693	32	24	.	.	PROPN
cblr-1693	32	25	ethics	ethic	NOUN
cblr-1693	32	26	&	&	CCONJ
cblr-1693	32	27	pub	pub	NOUN
cblr-1693	32	28	.	.	PUNCT
cblr-1693	32	29	pol’y	pol’y	NOUN
cblr-1693	32	30	209	209	NUM
cblr-1693	32	31	,	,	PUNCT
cblr-1693	32	32	225–26	225–26	NUM
cblr-1693	32	33	(	(	PUNCT
cblr-1693	32	34	2014	2014	NUM
cblr-1693	32	35	)	)	PUNCT
cblr-1693	32	36	(	(	PUNCT
cblr-1693	32	37	“	"	PUNCT
cblr-1693	32	38	[	[	X
cblr-1693	32	39	derivatives	derivative	NOUN
cblr-1693	32	40	]	]	PUNCT
cblr-1693	32	41	were	be	AUX
cblr-1693	32	42	no	no	INTJ
cblr-1693	32	43	.	.	PUNCT
cblr-1693	33	1	1:252	1:252	NUM
cblr-1693	33	2	]	]	X
cblr-1693	33	3	to	to	PART
cblr-1693	33	4	clear	clear	ADJ
cblr-1693	33	5	or	or	CCONJ
cblr-1693	33	6	not	not	PART
cblr-1693	33	7	to	to	PART
cblr-1693	33	8	clear	clear	VERB
cblr-1693	33	9	255	255	NUM
cblr-1693	33	10	solutions	solution	NOUN
cblr-1693	33	11	proved	prove	VERB
cblr-1693	33	12	to	to	PART
cblr-1693	33	13	be	be	AUX
cblr-1693	33	14	a	a	DET
cblr-1693	33	15	difficult	difficult	ADJ
cblr-1693	33	16	undertaking	undertaking	NOUN
cblr-1693	33	17	after	after	ADP
cblr-1693	33	18	the	the	DET
cblr-1693	33	19	crisis	crisis	NOUN
cblr-1693	33	20	,	,	PUNCT
cblr-1693	33	21	those	those	PRON
cblr-1693	33	22	studying	study	VERB
cblr-1693	33	23	derivatives	derivative	NOUN
cblr-1693	33	24	’	'	PUNCT
cblr-1693	33	25	role	role	NOUN
cblr-1693	33	26	in	in	ADP
cblr-1693	33	27	the	the	DET
cblr-1693	33	28	crisis	crisis	NOUN
cblr-1693	33	29	voiced	voice	VERB
cblr-1693	33	30	a	a	DET
cblr-1693	33	31	variety	variety	NOUN
cblr-1693	33	32	of	of	ADP
cblr-1693	33	33	concerns	concern	NOUN
cblr-1693	33	34	,	,	PUNCT
cblr-1693	33	35	which	which	PRON
cblr-1693	33	36	,	,	PUNCT
cblr-1693	33	37	if	if	SCONJ
cblr-1693	33	38	addressed	address	VERB
cblr-1693	33	39	,	,	PUNCT
cblr-1693	33	40	could	could	AUX
cblr-1693	33	41	help	help	AUX
cblr-1693	33	42	prevent	prevent	VERB
cblr-1693	33	43	future	future	ADJ
cblr-1693	33	44	crises	crisis	NOUN
cblr-1693	33	45	and	and	CCONJ
cblr-1693	33	46	reduce	reduce	VERB
cblr-1693	33	47	systematic	systematic	ADJ
cblr-1693	33	48	instability.4	instability.4	NOUN
cblr-1693	33	49	in	in	ADP
cblr-1693	33	50	response	response	NOUN
cblr-1693	33	51	to	to	ADP
cblr-1693	33	52	the	the	DET
cblr-1693	33	53	so	so	ADV
cblr-1693	33	54	-	-	PUNCT
cblr-1693	33	55	called	call	VERB
cblr-1693	33	56	great	great	ADJ
cblr-1693	33	57	recession	recession	NOUN
cblr-1693	33	58	,	,	PUNCT
cblr-1693	33	59	congress	congress	PROPN
cblr-1693	33	60	enacted	enact	VERB
cblr-1693	33	61	the	the	DET
cblr-1693	33	62	dodd	dodd	PROPN
cblr-1693	33	63	-	-	PUNCT
cblr-1693	33	64	frank	frank	PROPN
cblr-1693	33	65	wall	wall	PROPN
cblr-1693	33	66	street	street	PROPN
cblr-1693	33	67	reform	reform	PROPN
cblr-1693	33	68	and	and	CCONJ
cblr-1693	33	69	consumer	consumer	NOUN
cblr-1693	33	70	protection	protection	NOUN
cblr-1693	33	71	act	act	NOUN
cblr-1693	33	72	of	of	ADP
cblr-1693	33	73	2010	2010	NUM
cblr-1693	33	74	(	(	PUNCT
cblr-1693	33	75	“	"	PUNCT
cblr-1693	33	76	dodd	dodd	PROPN
cblr-1693	33	77	-	-	PUNCT
cblr-1693	33	78	frank”).5	frank”).5	NOUN
cblr-1693	33	79	one	one	NUM
cblr-1693	33	80	of	of	ADP
cblr-1693	33	81	dodd	dodd	PROPN
cblr-1693	33	82	-	-	PUNCT
cblr-1693	33	83	frank	frank	PROPN
cblr-1693	33	84	’s	’s	PART
cblr-1693	33	85	central	central	ADJ
cblr-1693	33	86	reforms	reform	NOUN
cblr-1693	33	87	,	,	PUNCT
cblr-1693	33	88	codified	codify	VERB
cblr-1693	33	89	in	in	ADP
cblr-1693	33	90	title	title	NOUN
cblr-1693	33	91	vii	vii	PROPN
cblr-1693	33	92	,	,	PUNCT
cblr-1693	33	93	requires	require	VERB
cblr-1693	33	94	parties	party	NOUN
cblr-1693	33	95	trading	trade	VERB
cblr-1693	33	96	certain	certain	ADJ
cblr-1693	33	97	over	over	ADP
cblr-1693	33	98	-	-	PUNCT
cblr-1693	33	99	the	the	DET
cblr-1693	33	100	-	-	PUNCT
cblr-1693	33	101	counter	counter	NOUN
cblr-1693	33	102	(	(	PUNCT
cblr-1693	33	103	“	"	PUNCT
cblr-1693	33	104	otc	otc	PROPN
cblr-1693	33	105	”	"	PUNCT
cblr-1693	33	106	)	)	PUNCT
cblr-1693	33	107	derivatives	derivative	NOUN
cblr-1693	33	108	to	to	PART
cblr-1693	33	109	clear	clear	VERB
cblr-1693	33	110	and	and	CCONJ
cblr-1693	33	111	execute	execute	VERB
cblr-1693	33	112	the	the	DET
cblr-1693	33	113	transactions	transaction	NOUN
cblr-1693	33	114	through	through	ADP
cblr-1693	33	115	central	central	ADJ
cblr-1693	33	116	clearinghouses.6	clearinghouses.6	NOUN
cblr-1693	33	117	however	however	ADV
cblr-1693	33	118	,	,	PUNCT
cblr-1693	33	119	the	the	DET
cblr-1693	33	120	act	act	NOUN
cblr-1693	33	121	did	do	AUX
cblr-1693	33	122	not	not	PART
cblr-1693	33	123	define	define	VERB
cblr-1693	33	124	which	which	PRON
cblr-1693	33	125	otc	otc	PROPN
cblr-1693	33	126	derivatives	derivative	NOUN
cblr-1693	33	127	would	would	AUX
cblr-1693	33	128	be	be	AUX
cblr-1693	33	129	subject	subject	ADJ
cblr-1693	33	130	to	to	ADP
cblr-1693	33	131	the	the	DET
cblr-1693	33	132	central	central	ADJ
cblr-1693	33	133	clearing	clearing	NOUN
cblr-1693	33	134	mandate	mandate	NOUN
cblr-1693	33	135	.	.	PUNCT
cblr-1693	34	1	instead	instead	ADV
cblr-1693	34	2	,	,	PUNCT
cblr-1693	34	3	congress	congress	PROPN
cblr-1693	34	4	delegated	delegate	VERB
cblr-1693	34	5	this	this	DET
cblr-1693	34	6	definitional	definitional	ADJ
cblr-1693	34	7	task	task	NOUN
cblr-1693	34	8	to	to	ADP
cblr-1693	34	9	two	two	NUM
cblr-1693	34	10	federal	federal	ADJ
cblr-1693	34	11	agencies	agency	NOUN
cblr-1693	34	12	:	:	PUNCT
cblr-1693	34	13	the	the	DET
cblr-1693	34	14	commodity	commodity	NOUN
cblr-1693	34	15	futures	futures	PROPN
cblr-1693	34	16	trading	trading	NOUN
cblr-1693	34	17	commission	commission	NOUN
cblr-1693	34	18	(	(	PUNCT
cblr-1693	34	19	the	the	DET
cblr-1693	34	20	“	"	PUNCT
cblr-1693	34	21	cftc	cftc	PROPN
cblr-1693	34	22	,	,	PUNCT
cblr-1693	34	23	”	"	PUNCT
cblr-1693	34	24	responsible	responsible	ADJ
cblr-1693	34	25	for	for	ADP
cblr-1693	34	26	“	"	PUNCT
cblr-1693	34	27	swaps	swap	NOUN
cblr-1693	34	28	”	"	PUNCT
cblr-1693	34	29	)	)	PUNCT
cblr-1693	34	30	,	,	PUNCT
cblr-1693	34	31	and	and	CCONJ
cblr-1693	34	32	the	the	DET
cblr-1693	34	33	securities	securities	PROPN
cblr-1693	34	34	and	and	CCONJ
cblr-1693	34	35	exchange	exchange	PROPN
cblr-1693	34	36	commission	commission	PROPN
cblr-1693	34	37	(	(	PUNCT
cblr-1693	34	38	the	the	DET
cblr-1693	34	39	“	"	PUNCT
cblr-1693	34	40	sec	sec	PROPN
cblr-1693	34	41	,	,	PUNCT
cblr-1693	34	42	”	"	PUNCT
cblr-1693	34	43	responsible	responsible	ADJ
cblr-1693	34	44	for	for	ADP
cblr-1693	34	45	“	"	PUNCT
cblr-1693	34	46	security	security	NOUN
cblr-1693	34	47	-	-	PUNCT
cblr-1693	34	48	based	base	VERB
cblr-1693	34	49	swaps”).7	swaps”).7	NOUN
cblr-1693	34	50	under	under	ADP
cblr-1693	34	51	title	title	NOUN
cblr-1693	34	52	vii	vii	PROPN
cblr-1693	34	53	’s	’s	PART
cblr-1693	34	54	structure	structure	NOUN
cblr-1693	34	55	,	,	PUNCT
cblr-1693	34	56	both	both	DET
cblr-1693	34	57	agencies	agency	NOUN
cblr-1693	34	58	are	be	AUX
cblr-1693	34	59	required	require	VERB
cblr-1693	34	60	to	to	PART
cblr-1693	34	61	make	make	VERB
cblr-1693	34	62	their	their	PRON
cblr-1693	34	63	central	central	ADJ
cblr-1693	34	64	clearing	clearing	NOUN
cblr-1693	34	65	determinations	determination	NOUN
cblr-1693	34	66	on	on	ADP
cblr-1693	34	67	the	the	DET
cblr-1693	34	68	basis	basis	NOUN
cblr-1693	34	69	of	of	ADP
cblr-1693	34	70	two	two	NUM
cblr-1693	34	71	different	different	ADJ
cblr-1693	34	72	inputs	input	NOUN
cblr-1693	34	73	:	:	PUNCT
cblr-1693	34	74	(	(	PUNCT
cblr-1693	34	75	1	1	X
cblr-1693	34	76	)	)	PUNCT
cblr-1693	34	77	submissions	submission	NOUN
cblr-1693	34	78	received	receive	VERB
cblr-1693	34	79	from	from	ADP
cblr-1693	34	80	clearinghouses	clearinghouse	NOUN
cblr-1693	34	81	seeking	seek	VERB
cblr-1693	34	82	to	to	PART
cblr-1693	34	83	voluntarily	voluntarily	ADV
cblr-1693	34	84	clear	clear	ADJ
cblr-1693	34	85	swaps	swap	NOUN
cblr-1693	34	86	or	or	CCONJ
cblr-1693	34	87	security	security	NOUN
cblr-1693	34	88	indirectly	indirectly	ADV
cblr-1693	34	89	involved	involve	VERB
cblr-1693	34	90	in	in	ADP
cblr-1693	34	91	the	the	DET
cblr-1693	34	92	financial	financial	ADJ
cblr-1693	34	93	crisis	crisis	NOUN
cblr-1693	34	94	in	in	ADP
cblr-1693	34	95	a	a	DET
cblr-1693	34	96	number	number	NOUN
cblr-1693	34	97	of	of	ADP
cblr-1693	34	98	ways	way	NOUN
cblr-1693	34	99	,	,	PUNCT
cblr-1693	34	100	though	though	ADV
cblr-1693	34	101	,	,	PUNCT
cblr-1693	34	102	the	the	DET
cblr-1693	34	103	most	most	ADV
cblr-1693	34	104	important	important	ADJ
cblr-1693	34	105	of	of	ADP
cblr-1693	34	106	which	which	PRON
cblr-1693	34	107	was	be	AUX
cblr-1693	34	108	simultaneously	simultaneously	ADV
cblr-1693	34	109	the	the	PRON
cblr-1693	34	110	least	least	ADJ
cblr-1693	34	111	well	well	ADV
cblr-1693	34	112	understood	understand	VERB
cblr-1693	34	113	:	:	PUNCT
cblr-1693	34	114	their	their	PRON
cblr-1693	34	115	role	role	NOUN
cblr-1693	34	116	in	in	ADP
cblr-1693	34	117	creating	create	VERB
cblr-1693	34	118	a	a	DET
cblr-1693	34	119	highly	highly	ADV
cblr-1693	34	120	interconnected	interconnected	ADJ
cblr-1693	34	121	financial	financial	ADJ
cblr-1693	34	122	system	system	NOUN
cblr-1693	34	123	that	that	PRON
cblr-1693	34	124	fostered	foster	VERB
cblr-1693	34	125	a	a	DET
cblr-1693	34	126	climate	climate	NOUN
cblr-1693	34	127	of	of	ADP
cblr-1693	34	128	extreme	extreme	ADJ
cblr-1693	34	129	fear	fear	NOUN
cblr-1693	35	1	[	[	X
cblr-1693	35	2	.	.	X
cblr-1693	35	3	]	]	X
cblr-1693	35	4	”	"	PUNCT
cblr-1693	35	5	)	)	PUNCT
cblr-1693	35	6	.	.	PUNCT
cblr-1693	36	1	4	4	NUM
cblr-1693	36	2	see	see	VERB
cblr-1693	36	3	,	,	PUNCT
cblr-1693	36	4	e.g.	e.g.	ADV
cblr-1693	36	5	,	,	PUNCT
cblr-1693	36	6	chander	chander	PROPN
cblr-1693	36	7	&	&	CCONJ
cblr-1693	36	8	costa	costa	PROPN
cblr-1693	36	9	,	,	PUNCT
cblr-1693	36	10	supra	supra	PROPN
cblr-1693	36	11	note	note	NOUN
cblr-1693	36	12	2	2	NUM
cblr-1693	36	13	,	,	PUNCT
cblr-1693	36	14	at	at	ADP
cblr-1693	36	15	642	642	NUM
cblr-1693	36	16	(	(	PUNCT
cblr-1693	36	17	“	"	PUNCT
cblr-1693	36	18	[	[	X
cblr-1693	36	19	r]egulators	r]egulator	NOUN
cblr-1693	36	20	on	on	ADP
cblr-1693	36	21	both	both	DET
cblr-1693	36	22	sides	side	NOUN
cblr-1693	36	23	of	of	ADP
cblr-1693	36	24	the	the	DET
cblr-1693	36	25	atlantic	atlantic	PROPN
cblr-1693	36	26	turned	turn	VERB
cblr-1693	36	27	to	to	ADP
cblr-1693	36	28	cds	cd	NOUN
cblr-1693	36	29	clearing	clearing	NOUN
cblr-1693	36	30	as	as	ADP
cblr-1693	36	31	one	one	NUM
cblr-1693	36	32	key	key	ADJ
cblr-1693	36	33	reform	reform	NOUN
cblr-1693	36	34	in	in	ADP
cblr-1693	36	35	the	the	DET
cblr-1693	36	36	wake	wake	NOUN
cblr-1693	36	37	of	of	ADP
cblr-1693	36	38	the	the	DET
cblr-1693	36	39	financial	financial	ADJ
cblr-1693	36	40	crisis	crisis	NOUN
cblr-1693	36	41	.	.	PUNCT
cblr-1693	36	42	”	"	PUNCT
cblr-1693	36	43	)	)	PUNCT
cblr-1693	36	44	.	.	PUNCT
cblr-1693	37	1	5	5	NUM
cblr-1693	37	2	see	see	VERB
cblr-1693	37	3	generally	generally	ADV
cblr-1693	37	4	dodd	dodd	PROPN
cblr-1693	37	5	-	-	PUNCT
cblr-1693	37	6	frank	frank	PROPN
cblr-1693	37	7	wall	wall	PROPN
cblr-1693	37	8	street	street	PROPN
cblr-1693	37	9	reform	reform	PROPN
cblr-1693	37	10	and	and	CCONJ
cblr-1693	37	11	consumer	consumer	NOUN
cblr-1693	37	12	protection	protection	PROPN
cblr-1693	37	13	act	act	PROPN
cblr-1693	37	14	,	,	PUNCT
cblr-1693	37	15	pub	pub	NOUN
cblr-1693	37	16	.	.	PUNCT
cblr-1693	38	1	l.	l.	PROPN
cblr-1693	38	2	no	no	INTJ
cblr-1693	38	3	.	.	PUNCT
cblr-1693	39	1	111–203	111–203	NUM
cblr-1693	39	2	,	,	PUNCT
cblr-1693	39	3	124	124	NUM
cblr-1693	39	4	stat	stat	NOUN
cblr-1693	39	5	.	.	PUNCT
cblr-1693	40	1	1376	1376	NUM
cblr-1693	40	2	(	(	PUNCT
cblr-1693	40	3	2010	2010	NUM
cblr-1693	40	4	)	)	PUNCT
cblr-1693	40	5	.	.	PUNCT
cblr-1693	41	1	6	6	NUM
cblr-1693	41	2	see	see	VERB
cblr-1693	41	3	generally	generally	ADV
cblr-1693	41	4	wall	wall	PROPN
cblr-1693	41	5	street	street	PROPN
cblr-1693	41	6	transparency	transparency	NOUN
cblr-1693	41	7	and	and	CCONJ
cblr-1693	41	8	accountability	accountability	NOUN
cblr-1693	41	9	act	act	NOUN
cblr-1693	41	10	of	of	ADP
cblr-1693	41	11	2010	2010	NUM
cblr-1693	41	12	,	,	PUNCT
cblr-1693	41	13	pub	pub	NOUN
cblr-1693	41	14	.	.	PUNCT
cblr-1693	42	1	l.	l.	PROPN
cblr-1693	42	2	no	no	INTJ
cblr-1693	42	3	.	.	PUNCT
cblr-1693	43	1	111–203	111–203	NUM
cblr-1693	43	2	§	§	PROPN
cblr-1693	43	3	§	§	PROPN
cblr-1693	43	4	701	701	NUM
cblr-1693	43	5	,	,	PUNCT
cblr-1693	43	6	711–54	711–54	NOUN
cblr-1693	43	7	,	,	PUNCT
cblr-1693	43	8	761–74	761–74	NUM
cblr-1693	43	9	,	,	PUNCT
cblr-1693	43	10	124	124	NUM
cblr-1693	43	11	stat	stat	NOUN
cblr-1693	43	12	.	.	PUNCT
cblr-1693	44	1	1376	1376	NUM
cblr-1693	44	2	,	,	PUNCT
cblr-1693	44	3	1641	1641	NUM
cblr-1693	44	4	–	–	PUNCT
cblr-1693	44	5	1802	1802	NUM
cblr-1693	44	6	(	(	PUNCT
cblr-1693	44	7	2010	2010	NUM
cblr-1693	44	8	)	)	PUNCT
cblr-1693	44	9	.	.	PUNCT
cblr-1693	45	1	7	7	NUM
cblr-1693	45	2	see	see	VERB
cblr-1693	45	3	7	7	NUM
cblr-1693	45	4	u.s.c	u.s.c	ADJ
cblr-1693	45	5	.	.	PUNCT
cblr-1693	46	1	§	§	PROPN
cblr-1693	46	2	2(h)(1)(a	2(h)(1)(a	NUM
cblr-1693	46	3	)	)	PUNCT
cblr-1693	46	4	(	(	PUNCT
cblr-1693	46	5	2012	2012	NUM
cblr-1693	46	6	)	)	PUNCT
cblr-1693	46	7	(	(	PUNCT
cblr-1693	46	8	“	"	PUNCT
cblr-1693	46	9	it	it	PRON
cblr-1693	46	10	shall	shall	AUX
cblr-1693	46	11	be	be	AUX
cblr-1693	46	12	unlawful	unlawful	ADJ
cblr-1693	46	13	for	for	SCONJ
cblr-1693	46	14	any	any	DET
cblr-1693	46	15	person	person	NOUN
cblr-1693	46	16	to	to	PART
cblr-1693	46	17	engage	engage	VERB
cblr-1693	46	18	in	in	ADP
cblr-1693	46	19	a	a	DET
cblr-1693	46	20	swap	swap	NOUN
cblr-1693	46	21	unless	unless	SCONJ
cblr-1693	46	22	that	that	DET
cblr-1693	46	23	person	person	NOUN
cblr-1693	46	24	submits	submit	VERB
cblr-1693	46	25	such	such	ADJ
cblr-1693	46	26	swap	swap	NOUN
cblr-1693	46	27	for	for	ADP
cblr-1693	46	28	clearing	clear	VERB
cblr-1693	46	29	to	to	ADP
cblr-1693	46	30	a	a	DET
cblr-1693	46	31	derivatives	derivative	NOUN
cblr-1693	46	32	clearing	clearing	NOUN
cblr-1693	46	33	organization	organization	NOUN
cblr-1693	46	34	.	.	PUNCT
cblr-1693	46	35	.	.	PUNCT
cblr-1693	47	1	.	.	PUNCT
cblr-1693	48	1	if	if	SCONJ
cblr-1693	48	2	the	the	DET
cblr-1693	48	3	swap	swap	NOUN
cblr-1693	48	4	is	be	AUX
cblr-1693	48	5	required	require	VERB
cblr-1693	48	6	to	to	PART
cblr-1693	48	7	be	be	AUX
cblr-1693	48	8	cleared	clear	VERB
cblr-1693	48	9	.	.	PUNCT
cblr-1693	48	10	”	"	PUNCT
cblr-1693	48	11	)	)	PUNCT
cblr-1693	48	12	;	;	PUNCT
cblr-1693	48	13	15	15	NUM
cblr-1693	48	14	u.s.c	u.s.c	NOUN
cblr-1693	48	15	.	.	PUNCT
cblr-1693	49	1	§	§	PROPN
cblr-1693	49	2	78c-3(a)(1	78c-3(a)(1	NOUN
cblr-1693	49	3	)	)	PUNCT
cblr-1693	49	4	(	(	PUNCT
cblr-1693	49	5	2012	2012	NUM
cblr-1693	49	6	)	)	PUNCT
cblr-1693	49	7	(	(	PUNCT
cblr-1693	49	8	“	"	PUNCT
cblr-1693	49	9	it	it	PRON
cblr-1693	49	10	shall	shall	AUX
cblr-1693	49	11	be	be	AUX
cblr-1693	49	12	unlawful	unlawful	ADJ
cblr-1693	49	13	for	for	SCONJ
cblr-1693	49	14	any	any	DET
cblr-1693	49	15	person	person	NOUN
cblr-1693	49	16	to	to	PART
cblr-1693	49	17	engage	engage	VERB
cblr-1693	49	18	in	in	ADP
cblr-1693	49	19	a	a	DET
cblr-1693	49	20	security	security	NOUN
cblr-1693	49	21	-	-	PUNCT
cblr-1693	49	22	based	base	VERB
cblr-1693	49	23	swap	swap	NOUN
cblr-1693	49	24	unless	unless	SCONJ
cblr-1693	49	25	that	that	DET
cblr-1693	49	26	person	person	NOUN
cblr-1693	49	27	submits	submit	VERB
cblr-1693	49	28	such	such	ADJ
cblr-1693	49	29	security	security	NOUN
cblr-1693	49	30	-	-	PUNCT
cblr-1693	49	31	based	base	VERB
cblr-1693	49	32	swap	swap	NOUN
cblr-1693	49	33	for	for	ADP
cblr-1693	49	34	clearing	clear	VERB
cblr-1693	49	35	to	to	ADP
cblr-1693	49	36	a	a	DET
cblr-1693	49	37	clearing	clearing	NOUN
cblr-1693	49	38	agency	agency	NOUN
cblr-1693	49	39	.	.	PUNCT
cblr-1693	49	40	.	.	PUNCT
cblr-1693	50	1	.	.	PUNCT
cblr-1693	51	1	if	if	SCONJ
cblr-1693	51	2	the	the	DET
cblr-1693	51	3	security	security	NOUN
cblr-1693	51	4	-	-	PUNCT
cblr-1693	51	5	based	base	VERB
cblr-1693	51	6	swap	swap	NOUN
cblr-1693	51	7	is	be	AUX
cblr-1693	51	8	required	require	VERB
cblr-1693	51	9	to	to	PART
cblr-1693	51	10	be	be	AUX
cblr-1693	51	11	cleared	clear	VERB
cblr-1693	51	12	.	.	PUNCT
cblr-1693	51	13	”	"	PUNCT
cblr-1693	51	14	)	)	PUNCT
cblr-1693	51	15	.	.	PUNCT
cblr-1693	52	1	256	256	NUM
cblr-1693	52	2	columbia	columbia	PROPN
cblr-1693	52	3	business	business	NOUN
cblr-1693	52	4	law	law	PROPN
cblr-1693	52	5	review	review	NOUN
cblr-1693	52	6	[	[	X
cblr-1693	52	7	vol	vol	NOUN
cblr-1693	52	8	.	.	PUNCT
cblr-1693	52	9	2019	2019	NUM
cblr-1693	52	10	based	base	VERB
cblr-1693	52	11	swaps;8	swaps;8	PROPN
cblr-1693	52	12	and	and	CCONJ
cblr-1693	52	13	(	(	PUNCT
cblr-1693	52	14	2	2	X
cblr-1693	52	15	)	)	PUNCT
cblr-1693	52	16	the	the	DET
cblr-1693	52	17	agency	agency	NOUN
cblr-1693	52	18	’s	’s	PART
cblr-1693	52	19	own	own	ADJ
cblr-1693	52	20	review	review	NOUN
cblr-1693	52	21	of	of	ADP
cblr-1693	52	22	products	product	NOUN
cblr-1693	52	23	that	that	PRON
cblr-1693	52	24	are	be	AUX
cblr-1693	52	25	currently	currently	ADV
cblr-1693	52	26	traded	trade	VERB
cblr-1693	52	27	by	by	ADP
cblr-1693	52	28	market	market	NOUN
cblr-1693	52	29	participants	participant	NOUN
cblr-1693	52	30	,	,	PUNCT
cblr-1693	52	31	but	but	CCONJ
cblr-1693	52	32	are	be	AUX
cblr-1693	52	33	not	not	PART
cblr-1693	52	34	clearable	clearable	ADJ
cblr-1693	52	35	through	through	ADP
cblr-1693	52	36	a	a	DET
cblr-1693	52	37	central	central	ADJ
cblr-1693	52	38	clearinghouse	clearinghouse	NOUN
cblr-1693	52	39	(	(	PUNCT
cblr-1693	52	40	and	and	CCONJ
cblr-1693	52	41	therefore	therefore	ADV
cblr-1693	52	42	not	not	PART
cblr-1693	52	43	submitted	submit	VERB
cblr-1693	52	44	for	for	ADP
cblr-1693	52	45	review).9	review).9	NOUN
cblr-1693	52	46	the	the	DET
cblr-1693	52	47	cftc	cftc	PROPN
cblr-1693	52	48	rapidly	rapidly	ADV
cblr-1693	52	49	implemented	implement	VERB
cblr-1693	52	50	its	its	PRON
cblr-1693	52	51	title	title	NOUN
cblr-1693	52	52	vii	vii	PROPN
cblr-1693	52	53	mandate	mandate	NOUN
cblr-1693	52	54	.	.	PUNCT
cblr-1693	53	1	in	in	ADP
cblr-1693	53	2	2011	2011	NUM
cblr-1693	53	3	,	,	PUNCT
cblr-1693	53	4	the	the	DET
cblr-1693	53	5	agency	agency	NOUN
cblr-1693	53	6	finalized	finalize	VERB
cblr-1693	53	7	a	a	DET
cblr-1693	53	8	rule	rule	NOUN
cblr-1693	53	9	establishing	establish	VERB
cblr-1693	53	10	processes	process	NOUN
cblr-1693	53	11	for	for	ADP
cblr-1693	53	12	swap	swap	NOUN
cblr-1693	53	13	submissions	submission	NOUN
cblr-1693	53	14	and	and	CCONJ
cblr-1693	53	15	for	for	ADP
cblr-1693	53	16	top	top	ADJ
cblr-1693	53	17	-	-	PUNCT
cblr-1693	53	18	down	down	ADP
cblr-1693	53	19	review	review	NOUN
cblr-1693	53	20	of	of	ADP
cblr-1693	53	21	unclearable	unclearable	ADJ
cblr-1693	53	22	products	product	NOUN
cblr-1693	53	23	(	(	PUNCT
cblr-1693	53	24	the	the	DET
cblr-1693	53	25	“	"	PUNCT
cblr-1693	53	26	cftc	cftc	PROPN
cblr-1693	53	27	process	process	NOUN
cblr-1693	53	28	rule”).10	rule”).10	NOUN
cblr-1693	53	29	beginning	begin	VERB
cblr-1693	53	30	with	with	ADP
cblr-1693	53	31	a	a	DET
cblr-1693	53	32	rule	rule	NOUN
cblr-1693	53	33	promulgated	promulgate	VERB
cblr-1693	53	34	in	in	ADP
cblr-1693	53	35	2012	2012	NUM
cblr-1693	53	36	(	(	PUNCT
cblr-1693	53	37	the	the	DET
cblr-1693	53	38	“	"	PUNCT
cblr-1693	53	39	initial	initial	ADJ
cblr-1693	53	40	cftc	cftc	PROPN
cblr-1693	53	41	clearing	clearing	NOUN
cblr-1693	53	42	mandate	mandate	NOUN
cblr-1693	53	43	”	"	PUNCT
cblr-1693	53	44	)	)	PUNCT
cblr-1693	53	45	,	,	PUNCT
cblr-1693	53	46	the	the	DET
cblr-1693	53	47	agency	agency	NOUN
cblr-1693	53	48	used	use	VERB
cblr-1693	53	49	these	these	DET
cblr-1693	53	50	processes	process	NOUN
cblr-1693	53	51	to	to	PART
cblr-1693	53	52	designate	designate	VERB
cblr-1693	53	53	certain	certain	ADJ
cblr-1693	53	54	swaps	swap	NOUN
cblr-1693	53	55	for	for	ADP
cblr-1693	53	56	mandatory	mandatory	ADJ
cblr-1693	53	57	clearing.11	clearing.11	NOUN
cblr-1693	53	58	additionally	additionally	ADV
cblr-1693	53	59	,	,	PUNCT
cblr-1693	53	60	the	the	DET
cblr-1693	53	61	cftc	cftc	PROPN
cblr-1693	53	62	issued	issue	VERB
cblr-1693	53	63	a	a	DET
cblr-1693	53	64	subsequent	subsequent	ADJ
cblr-1693	53	65	rule	rule	NOUN
cblr-1693	53	66	in	in	ADP
cblr-1693	53	67	2016	2016	NUM
cblr-1693	53	68	(	(	PUNCT
cblr-1693	53	69	the	the	DET
cblr-1693	53	70	“	"	PUNCT
cblr-1693	53	71	additional	additional	ADJ
cblr-1693	53	72	cftc	cftc	PROPN
cblr-1693	53	73	clearing	clearing	NOUN
cblr-1693	53	74	mandate	mandate	NOUN
cblr-1693	53	75	”	"	PUNCT
cblr-1693	53	76	)	)	PUNCT
cblr-1693	53	77	to	to	PART
cblr-1693	53	78	expand	expand	VERB
cblr-1693	53	79	coverage	coverage	NOUN
cblr-1693	53	80	to	to	ADP
cblr-1693	53	81	additional	additional	ADJ
cblr-1693	53	82	swap	swap	NOUN
cblr-1693	53	83	products.12	products.12	NOUN
cblr-1693	53	84	8	8	NUM
cblr-1693	53	85	see	see	VERB
cblr-1693	53	86	7	7	NUM
cblr-1693	53	87	u.s.c	u.s.c	ADJ
cblr-1693	53	88	.	.	PUNCT
cblr-1693	54	1	§	§	PROPN
cblr-1693	54	2	2(h)(2)(b)(i	2(h)(2)(b)(i	NUM
cblr-1693	54	3	)	)	PUNCT
cblr-1693	54	4	(	(	PUNCT
cblr-1693	54	5	2012	2012	NUM
cblr-1693	54	6	)	)	PUNCT
cblr-1693	54	7	(	(	PUNCT
cblr-1693	54	8	“	"	PUNCT
cblr-1693	54	9	a	a	DET
cblr-1693	54	10	derivatives	derivative	NOUN
cblr-1693	54	11	clearing	clearing	NOUN
cblr-1693	54	12	organization	organization	NOUN
cblr-1693	54	13	shall	shall	AUX
cblr-1693	54	14	submit	submit	VERB
cblr-1693	54	15	to	to	ADP
cblr-1693	54	16	the	the	DET
cblr-1693	54	17	[	[	X
cblr-1693	54	18	cftc	cftc	X
cblr-1693	54	19	]	]	X
cblr-1693	54	20	each	each	DET
cblr-1693	54	21	swap	swap	NOUN
cblr-1693	54	22	.	.	PUNCT
cblr-1693	54	23	.	.	PUNCT
cblr-1693	54	24	.	.	PUNCT
cblr-1693	55	1	that	that	SCONJ
cblr-1693	55	2	it	it	PRON
cblr-1693	55	3	plans	plan	VERB
cblr-1693	55	4	to	to	PART
cblr-1693	55	5	accept	accept	VERB
cblr-1693	55	6	for	for	ADP
cblr-1693	55	7	clearing	clear	VERB
cblr-1693	55	8	[	[	X
cblr-1693	55	9	.	.	X
cblr-1693	55	10	]	]	X
cblr-1693	55	11	”	"	PUNCT
cblr-1693	55	12	)	)	PUNCT
cblr-1693	55	13	;	;	PUNCT
cblr-1693	55	14	15	15	NUM
cblr-1693	55	15	u.s.c	u.s.c	NOUN
cblr-1693	55	16	.	.	PUNCT
cblr-1693	56	1	§	§	PROPN
cblr-1693	56	2	78c-3(b)(2)(a	78c-3(b)(2)(a	NOUN
cblr-1693	56	3	)	)	PUNCT
cblr-1693	56	4	(	(	PUNCT
cblr-1693	56	5	2012	2012	NUM
cblr-1693	56	6	)	)	PUNCT
cblr-1693	56	7	(	(	PUNCT
cblr-1693	56	8	“	"	PUNCT
cblr-1693	56	9	a	a	DET
cblr-1693	56	10	clearing	clearing	NOUN
cblr-1693	56	11	agency	agency	NOUN
cblr-1693	56	12	shall	shall	AUX
cblr-1693	56	13	submit	submit	VERB
cblr-1693	56	14	to	to	ADP
cblr-1693	56	15	the	the	DET
cblr-1693	56	16	[	[	X
cblr-1693	56	17	sec	sec	PROPN
cblr-1693	56	18	]	]	X
cblr-1693	56	19	each	each	DET
cblr-1693	56	20	security	security	NOUN
cblr-1693	56	21	-	-	PUNCT
cblr-1693	56	22	based	base	VERB
cblr-1693	56	23	swap	swap	NOUN
cblr-1693	56	24	.	.	PUNCT
cblr-1693	56	25	.	.	PUNCT
cblr-1693	56	26	.	.	PUNCT
cblr-1693	57	1	that	that	SCONJ
cblr-1693	57	2	it	it	PRON
cblr-1693	57	3	plans	plan	VERB
cblr-1693	57	4	to	to	PART
cblr-1693	57	5	accept	accept	VERB
cblr-1693	57	6	for	for	ADP
cblr-1693	57	7	clearing	clear	VERB
cblr-1693	57	8	[	[	X
cblr-1693	57	9	.	.	X
cblr-1693	57	10	]	]	X
cblr-1693	57	11	”	"	PUNCT
cblr-1693	57	12	)	)	PUNCT
cblr-1693	57	13	.	.	PUNCT
cblr-1693	58	1	9	9	NUM
cblr-1693	58	2	see	see	VERB
cblr-1693	58	3	7	7	NUM
cblr-1693	58	4	u.s.c	u.s.c	ADJ
cblr-1693	58	5	.	.	PUNCT
cblr-1693	59	1	§	§	PROPN
cblr-1693	59	2	2(h)(2)(a)(i	2(h)(2)(a)(i	NUM
cblr-1693	59	3	)	)	PUNCT
cblr-1693	59	4	(	(	PUNCT
cblr-1693	59	5	2012	2012	NUM
cblr-1693	59	6	)	)	PUNCT
cblr-1693	59	7	(	(	PUNCT
cblr-1693	59	8	“	"	PUNCT
cblr-1693	59	9	the	the	DET
cblr-1693	59	10	[	[	X
cblr-1693	59	11	cftc	cftc	X
cblr-1693	59	12	]	]	PUNCT
cblr-1693	59	13	on	on	ADP
cblr-1693	59	14	an	an	DET
cblr-1693	59	15	ongoing	ongoing	ADJ
cblr-1693	59	16	basis	basis	NOUN
cblr-1693	59	17	shall	shall	AUX
cblr-1693	59	18	review	review	VERB
cblr-1693	59	19	each	each	DET
cblr-1693	59	20	swap	swap	NOUN
cblr-1693	59	21	.	.	PUNCT
cblr-1693	59	22	.	.	PUNCT
cblr-1693	59	23	.	.	PUNCT
cblr-1693	60	1	to	to	PART
cblr-1693	60	2	make	make	VERB
cblr-1693	60	3	a	a	DET
cblr-1693	60	4	determination	determination	NOUN
cblr-1693	60	5	as	as	ADP
cblr-1693	60	6	to	to	ADP
cblr-1693	60	7	whether	whether	SCONJ
cblr-1693	60	8	the	the	DET
cblr-1693	60	9	swap	swap	NOUN
cblr-1693	60	10	.	.	PUNCT
cblr-1693	61	1	.	.	PUNCT
cblr-1693	62	1	.	.	PUNCT
cblr-1693	63	1	should	should	AUX
cblr-1693	63	2	be	be	AUX
cblr-1693	63	3	required	require	VERB
cblr-1693	63	4	to	to	PART
cblr-1693	63	5	be	be	AUX
cblr-1693	63	6	cleared	clear	VERB
cblr-1693	63	7	.	.	PUNCT
cblr-1693	63	8	”	"	PUNCT
cblr-1693	63	9	)	)	PUNCT
cblr-1693	63	10	;	;	PUNCT
cblr-1693	63	11	15	15	NUM
cblr-1693	63	12	u.s.c	u.s.c	NOUN
cblr-1693	63	13	.	.	PUNCT
cblr-1693	64	1	§	§	PROPN
cblr-1693	64	2	78c-3(b)(1)(a	78c-3(b)(1)(a	NUM
cblr-1693	64	3	)	)	PUNCT
cblr-1693	64	4	(	(	PUNCT
cblr-1693	64	5	2012	2012	NUM
cblr-1693	64	6	)	)	PUNCT
cblr-1693	64	7	(	(	PUNCT
cblr-1693	64	8	“	"	PUNCT
cblr-1693	64	9	the	the	DET
cblr-1693	64	10	[	[	X
cblr-1693	64	11	sec	sec	PROPN
cblr-1693	64	12	]	]	X
cblr-1693	64	13	on	on	ADP
cblr-1693	64	14	an	an	DET
cblr-1693	64	15	ongoing	ongoing	ADJ
cblr-1693	64	16	basis	basis	NOUN
cblr-1693	64	17	shall	shall	AUX
cblr-1693	64	18	review	review	VERB
cblr-1693	64	19	each	each	DET
cblr-1693	64	20	security	security	NOUN
cblr-1693	64	21	-	-	PUNCT
cblr-1693	64	22	based	base	VERB
cblr-1693	64	23	swap	swap	NOUN
cblr-1693	64	24	.	.	PUNCT
cblr-1693	64	25	.	.	PUNCT
cblr-1693	64	26	.	.	PUNCT
cblr-1693	65	1	to	to	PART
cblr-1693	65	2	make	make	VERB
cblr-1693	65	3	a	a	DET
cblr-1693	65	4	determination	determination	NOUN
cblr-1693	65	5	that	that	SCONJ
cblr-1693	65	6	such	such	ADJ
cblr-1693	65	7	security	security	NOUN
cblr-1693	65	8	-	-	PUNCT
cblr-1693	65	9	based	base	VERB
cblr-1693	65	10	swap	swap	NOUN
cblr-1693	65	11	.	.	PUNCT
cblr-1693	65	12	.	.	PUNCT
cblr-1693	66	1	.	.	PUNCT
cblr-1693	67	1	should	should	AUX
cblr-1693	67	2	be	be	AUX
cblr-1693	67	3	required	require	VERB
cblr-1693	67	4	to	to	PART
cblr-1693	67	5	be	be	AUX
cblr-1693	67	6	cleared	clear	VERB
cblr-1693	67	7	.	.	PUNCT
cblr-1693	67	8	”	"	PUNCT
cblr-1693	67	9	)	)	PUNCT
cblr-1693	67	10	.	.	PUNCT
cblr-1693	68	1	10	10	NUM
cblr-1693	68	2	see	see	VERB
cblr-1693	68	3	generally	generally	ADV
cblr-1693	68	4	process	process	NOUN
cblr-1693	68	5	for	for	ADP
cblr-1693	68	6	review	review	NOUN
cblr-1693	68	7	of	of	ADP
cblr-1693	68	8	swaps	swap	NOUN
cblr-1693	68	9	for	for	ADP
cblr-1693	68	10	mandatory	mandatory	ADJ
cblr-1693	68	11	clearing	clearing	NOUN
cblr-1693	68	12	,	,	PUNCT
cblr-1693	68	13	76	76	NUM
cblr-1693	68	14	fed	fed	PROPN
cblr-1693	68	15	.	.	PUNCT
cblr-1693	69	1	reg	reg	PROPN
cblr-1693	69	2	.	.	PUNCT
cblr-1693	70	1	44,464	44,464	NUM
cblr-1693	70	2	(	(	PUNCT
cblr-1693	70	3	july	july	PROPN
cblr-1693	70	4	26	26	NUM
cblr-1693	70	5	,	,	PUNCT
cblr-1693	70	6	2011	2011	NUM
cblr-1693	70	7	)	)	PUNCT
cblr-1693	71	1	(	(	PUNCT
cblr-1693	71	2	to	to	PART
cblr-1693	71	3	be	be	AUX
cblr-1693	71	4	codified	codify	VERB
cblr-1693	71	5	at	at	ADP
cblr-1693	71	6	17	17	NUM
cblr-1693	71	7	c.f.r	c.f.r	NOUN
cblr-1693	71	8	.	.	PUNCT
cblr-1693	72	1	pts	pts	PROPN
cblr-1693	72	2	.	.	PROPN
cblr-1693	72	3	39	39	NUM
cblr-1693	72	4	,	,	PUNCT
cblr-1693	72	5	140	140	NUM
cblr-1693	72	6	)	)	PUNCT
cblr-1693	72	7	.	.	PUNCT
cblr-1693	73	1	top	top	ADJ
cblr-1693	73	2	-	-	PUNCT
cblr-1693	73	3	down	down	ADP
cblr-1693	73	4	review	review	NOUN
cblr-1693	73	5	refers	refer	VERB
cblr-1693	73	6	to	to	ADP
cblr-1693	73	7	the	the	DET
cblr-1693	73	8	agency	agency	NOUN
cblr-1693	73	9	’s	’s	PART
cblr-1693	73	10	ongoing	ongoing	ADJ
cblr-1693	73	11	role	role	NOUN
cblr-1693	73	12	reviewing	review	VERB
cblr-1693	73	13	new	new	ADJ
cblr-1693	73	14	swap	swap	NOUN
cblr-1693	73	15	transactions	transaction	NOUN
cblr-1693	73	16	in	in	ADP
cblr-1693	73	17	the	the	DET
cblr-1693	73	18	market	market	NOUN
cblr-1693	73	19	to	to	PART
cblr-1693	73	20	determine	determine	VERB
cblr-1693	73	21	whether	whether	SCONJ
cblr-1693	73	22	they	they	PRON
cblr-1693	73	23	are	be	AUX
cblr-1693	73	24	of	of	ADP
cblr-1693	73	25	a	a	DET
cblr-1693	73	26	type	type	NOUN
cblr-1693	73	27	that	that	PRON
cblr-1693	73	28	should	should	AUX
cblr-1693	73	29	be	be	AUX
cblr-1693	73	30	subject	subject	ADJ
cblr-1693	73	31	to	to	ADP
cblr-1693	73	32	the	the	DET
cblr-1693	73	33	clearing	clearing	NOUN
cblr-1693	73	34	requirement	requirement	NOUN
cblr-1693	73	35	.	.	PUNCT
cblr-1693	74	1	see	see	VERB
cblr-1693	74	2	infra	infra	NOUN
cblr-1693	74	3	section	section	NOUN
cblr-1693	74	4	ii.c.2	ii.c.2	PROPN
cblr-1693	74	5	.	.	PUNCT
cblr-1693	75	1	11	11	NUM
cblr-1693	75	2	see	see	VERB
cblr-1693	75	3	clearing	clearing	NOUN
cblr-1693	75	4	requirement	requirement	NOUN
cblr-1693	75	5	determination	determination	NOUN
cblr-1693	75	6	under	under	ADP
cblr-1693	75	7	section	section	NOUN
cblr-1693	75	8	2(h	2(h	NUM
cblr-1693	75	9	)	)	PUNCT
cblr-1693	75	10	of	of	ADP
cblr-1693	75	11	the	the	DET
cblr-1693	75	12	cea	cea	PROPN
cblr-1693	75	13	,	,	PUNCT
cblr-1693	75	14	77	77	NUM
cblr-1693	75	15	fed	fed	PROPN
cblr-1693	75	16	.	.	PUNCT
cblr-1693	76	1	reg	reg	PROPN
cblr-1693	76	2	.	.	PUNCT
cblr-1693	77	1	74,284	74,284	NUM
cblr-1693	77	2	,	,	PUNCT
cblr-1693	77	3	74,315–16	74,315–16	NUM
cblr-1693	77	4	(	(	PUNCT
cblr-1693	77	5	dec	dec	PROPN
cblr-1693	77	6	.	.	PROPN
cblr-1693	77	7	13	13	NUM
cblr-1693	77	8	,	,	PUNCT
cblr-1693	77	9	2012	2012	NUM
cblr-1693	77	10	)	)	PUNCT
cblr-1693	77	11	(	(	PUNCT
cblr-1693	77	12	to	to	PART
cblr-1693	77	13	be	be	AUX
cblr-1693	77	14	codified	codify	VERB
cblr-1693	77	15	at	at	ADP
cblr-1693	77	16	17	17	NUM
cblr-1693	77	17	c.f.r	c.f.r	NOUN
cblr-1693	77	18	.	.	PUNCT
cblr-1693	78	1	pts	pts	AUX
cblr-1693	78	2	.	.	PROPN
cblr-1693	78	3	39	39	NUM
cblr-1693	78	4	,	,	PUNCT
cblr-1693	78	5	50	50	NUM
cblr-1693	78	6	)	)	PUNCT
cblr-1693	78	7	(	(	PUNCT
cblr-1693	78	8	“	"	PUNCT
cblr-1693	78	9	[	[	X
cblr-1693	78	10	p]roposed	p]ropose	VERB
cblr-1693	78	11	§	§	PROPN
cblr-1693	78	12	50.4	50.4	NUM
cblr-1693	78	13	set	set	VERB
cblr-1693	78	14	forth	forth	ADP
cblr-1693	78	15	the	the	DET
cblr-1693	78	16	classes	class	NOUN
cblr-1693	78	17	of	of	ADP
cblr-1693	78	18	interest	interest	NOUN
cblr-1693	78	19	rate	rate	NOUN
cblr-1693	78	20	swaps	swap	NOUN
cblr-1693	78	21	and	and	CCONJ
cblr-1693	78	22	cds	cd	NOUN
cblr-1693	78	23	that	that	PRON
cblr-1693	78	24	the	the	DET
cblr-1693	78	25	[	[	X
cblr-1693	78	26	cftc	cftc	X
cblr-1693	78	27	]	]	PUNCT
cblr-1693	78	28	proposed	propose	VERB
cblr-1693	78	29	for	for	ADP
cblr-1693	78	30	required	require	VERB
cblr-1693	78	31	clearing	clearing	NOUN
cblr-1693	78	32	.	.	PUNCT
cblr-1693	78	33	.	.	PUNCT
cblr-1693	78	34	.	.	PUNCT
cblr-1693	78	35	.	.	PUNCT
cblr-1693	79	1	[	[	X
cblr-1693	79	2	t]he	t]he	X
cblr-1693	79	3	[	[	X
cblr-1693	79	4	cftc	cftc	PROPN
cblr-1693	79	5	]	]	PUNCT
cblr-1693	79	6	is	be	AUX
cblr-1693	79	7	adopting	adopt	VERB
cblr-1693	79	8	§	§	PROPN
cblr-1693	79	9	50.4(a	50.4(a	NUM
cblr-1693	79	10	)	)	PUNCT
cblr-1693	79	11	and	and	CCONJ
cblr-1693	79	12	(	(	PUNCT
cblr-1693	79	13	b	b	NOUN
cblr-1693	79	14	)	)	PUNCT
cblr-1693	79	15	.	.	PUNCT
cblr-1693	79	16	”	"	PUNCT
cblr-1693	79	17	)	)	PUNCT
cblr-1693	79	18	.	.	PUNCT
cblr-1693	80	1	12	12	NUM
cblr-1693	80	2	see	see	VERB
cblr-1693	80	3	clearing	clearing	NOUN
cblr-1693	80	4	requirement	requirement	NOUN
cblr-1693	80	5	determination	determination	NOUN
cblr-1693	80	6	under	under	ADP
cblr-1693	80	7	section	section	NOUN
cblr-1693	80	8	2(h	2(h	NUM
cblr-1693	80	9	)	)	PUNCT
cblr-1693	80	10	of	of	ADP
cblr-1693	80	11	the	the	DET
cblr-1693	80	12	commodity	commodity	NOUN
cblr-1693	80	13	exchange	exchange	PROPN
cblr-1693	80	14	act	act	NOUN
cblr-1693	80	15	for	for	ADP
cblr-1693	80	16	interest	interest	NOUN
cblr-1693	80	17	rate	rate	NOUN
cblr-1693	80	18	swaps	swap	NOUN
cblr-1693	80	19	,	,	PUNCT
cblr-1693	80	20	81	81	NUM
cblr-1693	80	21	fed	feed	VERB
cblr-1693	80	22	.	.	PUNCT
cblr-1693	81	1	reg	reg	PROPN
cblr-1693	81	2	.	.	PUNCT
cblr-1693	82	1	71,202	71,202	NUM
cblr-1693	82	2	,	,	PUNCT
cblr-1693	82	3	71,226	71,226	NUM
cblr-1693	82	4	(	(	PUNCT
cblr-1693	82	5	oct	oct	PROPN
cblr-1693	82	6	.	.	PROPN
cblr-1693	82	7	14	14	NUM
cblr-1693	82	8	,	,	PUNCT
cblr-1693	82	9	2016	2016	NUM
cblr-1693	82	10	)	)	PUNCT
cblr-1693	82	11	(	(	PUNCT
cblr-1693	82	12	to	to	PART
cblr-1693	82	13	be	be	AUX
cblr-1693	82	14	codified	codify	VERB
cblr-1693	82	15	at	at	ADP
cblr-1693	82	16	17	17	NUM
cblr-1693	82	17	c.f.r	c.f.r	NOUN
cblr-1693	82	18	.	.	PUNCT
cblr-1693	83	1	pt	pt	PROPN
cblr-1693	83	2	.	.	PROPN
cblr-1693	83	3	50	50	NUM
cblr-1693	83	4	)	)	PUNCT
cblr-1693	83	5	(	(	PUNCT
cblr-1693	83	6	expanding	expand	VERB
cblr-1693	83	7	the	the	DET
cblr-1693	83	8	central	central	ADJ
cblr-1693	83	9	clearing	clearing	NOUN
cblr-1693	83	10	obligation	obligation	NOUN
cblr-1693	83	11	to	to	ADP
cblr-1693	83	12	additional	additional	ADJ
cblr-1693	83	13	classes	class	NOUN
cblr-1693	83	14	of	of	ADP
cblr-1693	83	15	interest	interest	NOUN
cblr-1693	83	16	rate	rate	NOUN
cblr-1693	83	17	swaps	swap	NOUN
cblr-1693	83	18	)	)	PUNCT
cblr-1693	83	19	.	.	PUNCT
cblr-1693	84	1	no	no	INTJ
cblr-1693	84	2	.	.	PUNCT
cblr-1693	85	1	1:252	1:252	NUM
cblr-1693	85	2	]	]	X
cblr-1693	85	3	to	to	PART
cblr-1693	85	4	clear	clear	ADJ
cblr-1693	85	5	or	or	CCONJ
cblr-1693	85	6	not	not	PART
cblr-1693	85	7	to	to	PART
cblr-1693	85	8	clear	clear	VERB
cblr-1693	85	9	257	257	NUM
cblr-1693	85	10	through	through	ADP
cblr-1693	85	11	these	these	DET
cblr-1693	85	12	rules	rule	NOUN
cblr-1693	85	13	,	,	PUNCT
cblr-1693	85	14	the	the	DET
cblr-1693	85	15	cftc	cftc	PROPN
cblr-1693	85	16	subjected	subject	VERB
cblr-1693	85	17	a	a	DET
cblr-1693	85	18	significant	significant	ADJ
cblr-1693	85	19	portion	portion	NOUN
cblr-1693	85	20	of	of	ADP
cblr-1693	85	21	the	the	DET
cblr-1693	85	22	swaps	swap	NOUN
cblr-1693	85	23	market	market	NOUN
cblr-1693	85	24	to	to	ADP
cblr-1693	85	25	a	a	DET
cblr-1693	85	26	central	central	ADJ
cblr-1693	85	27	clearing	clearing	NOUN
cblr-1693	85	28	requirement.13	requirement.13	NOUN
cblr-1693	85	29	by	by	ADP
cblr-1693	85	30	contrast	contrast	NOUN
cblr-1693	85	31	,	,	PUNCT
cblr-1693	85	32	the	the	DET
cblr-1693	85	33	sec	sec	PROPN
cblr-1693	85	34	—	—	PUNCT
cblr-1693	85	35	operating	operate	VERB
cblr-1693	85	36	under	under	ADP
cblr-1693	85	37	identical	identical	ADJ
cblr-1693	85	38	authorizing	authorize	VERB
cblr-1693	85	39	statutory	statutory	ADJ
cblr-1693	85	40	language	language	NOUN
cblr-1693	85	41	as	as	ADP
cblr-1693	85	42	the	the	DET
cblr-1693	85	43	cftc	cftc	NOUN
cblr-1693	85	44	—	—	PUNCT
cblr-1693	85	45	has	have	AUX
cblr-1693	85	46	not	not	PART
cblr-1693	85	47	yet	yet	ADV
cblr-1693	85	48	made	make	VERB
cblr-1693	85	49	any	any	DET
cblr-1693	85	50	determinations	determination	NOUN
cblr-1693	85	51	regarding	regard	VERB
cblr-1693	85	52	which	which	PRON
cblr-1693	85	53	security	security	NOUN
cblr-1693	85	54	-	-	PUNCT
cblr-1693	85	55	based	base	VERB
cblr-1693	85	56	swaps	swap	NOUN
cblr-1693	85	57	will	will	AUX
cblr-1693	85	58	be	be	AUX
cblr-1693	85	59	covered	cover	VERB
cblr-1693	85	60	by	by	ADP
cblr-1693	85	61	title	title	NOUN
cblr-1693	85	62	vii	vii	PROPN
cblr-1693	85	63	’s	’s	PART
cblr-1693	85	64	central	central	ADJ
cblr-1693	85	65	clearing	clearing	NOUN
cblr-1693	85	66	requirement.14	requirement.14	NOUN
cblr-1693	85	67	while	while	SCONJ
cblr-1693	85	68	the	the	DET
cblr-1693	85	69	sec	sec	PROPN
cblr-1693	85	70	established	establish	VERB
cblr-1693	85	71	processes	process	NOUN
cblr-1693	85	72	for	for	ADP
cblr-1693	85	73	security	security	NOUN
cblr-1693	85	74	-	-	PUNCT
cblr-1693	85	75	based	base	VERB
cblr-1693	85	76	swap	swap	NOUN
cblr-1693	85	77	submissions	submission	NOUN
cblr-1693	85	78	in	in	ADP
cblr-1693	85	79	a	a	DET
cblr-1693	85	80	2012	2012	NUM
cblr-1693	85	81	rule	rule	NOUN
cblr-1693	85	82	(	(	PUNCT
cblr-1693	85	83	the	the	DET
cblr-1693	85	84	“	"	PUNCT
cblr-1693	85	85	sec	sec	PROPN
cblr-1693	85	86	process	process	NOUN
cblr-1693	85	87	rule”),15	rule”),15	VERB
cblr-1693	85	88	the	the	DET
cblr-1693	85	89	agency	agency	NOUN
cblr-1693	85	90	is	be	AUX
cblr-1693	85	91	awaiting	await	VERB
cblr-1693	85	92	finalization	finalization	NOUN
cblr-1693	85	93	of	of	ADP
cblr-1693	85	94	several	several	ADJ
cblr-1693	85	95	other	other	ADJ
cblr-1693	85	96	related	related	ADJ
cblr-1693	85	97	rules	rule	NOUN
cblr-1693	85	98	before	before	ADP
cblr-1693	85	99	accepting	accept	VERB
cblr-1693	85	100	security	security	NOUN
cblr-1693	85	101	-	-	PUNCT
cblr-1693	85	102	based	base	VERB
cblr-1693	85	103	swap	swap	NOUN
cblr-1693	85	104	submissions	submission	NOUN
cblr-1693	85	105	or	or	CCONJ
cblr-1693	85	106	making	make	VERB
cblr-1693	85	107	any	any	DET
cblr-1693	85	108	determinations.16	determinations.16	NOUN
cblr-1693	85	109	although	although	SCONJ
cblr-1693	85	110	the	the	DET
cblr-1693	85	111	timelines	timeline	NOUN
cblr-1693	85	112	for	for	ADP
cblr-1693	85	113	finalization	finalization	NOUN
cblr-1693	85	114	and	and	CCONJ
cblr-1693	85	115	effective	effective	ADJ
cblr-1693	85	116	dates	date	NOUN
cblr-1693	85	117	of	of	ADP
cblr-1693	85	118	such	such	ADJ
cblr-1693	85	119	13	13	NUM
cblr-1693	85	120	see	see	NOUN
cblr-1693	85	121	infra	infra	NOUN
cblr-1693	85	122	section	section	NOUN
cblr-1693	85	123	iii.b.1	iii.b.1	PRON
cblr-1693	85	124	(	(	PUNCT
cblr-1693	85	125	noting	note	VERB
cblr-1693	85	126	that	that	SCONJ
cblr-1693	85	127	,	,	PUNCT
cblr-1693	85	128	per	per	ADP
cblr-1693	85	129	the	the	DET
cblr-1693	85	130	statistics	statistic	NOUN
cblr-1693	85	131	provided	provide	VERB
cblr-1693	85	132	in	in	ADP
cblr-1693	85	133	the	the	DET
cblr-1693	85	134	cftc	cftc	PROPN
cblr-1693	85	135	’s	’s	PART
cblr-1693	85	136	releases	release	NOUN
cblr-1693	85	137	,	,	PUNCT
cblr-1693	85	138	the	the	DET
cblr-1693	85	139	initial	initial	ADJ
cblr-1693	85	140	cftc	cftc	PROPN
cblr-1693	85	141	clearing	clearing	NOUN
cblr-1693	85	142	mandate	mandate	NOUN
cblr-1693	85	143	and	and	CCONJ
cblr-1693	85	144	additional	additional	ADJ
cblr-1693	85	145	cftc	cftc	PROPN
cblr-1693	85	146	clearing	clearing	NOUN
cblr-1693	85	147	mandate	mandate	NOUN
cblr-1693	85	148	together	together	ADV
cblr-1693	85	149	cover	cover	VERB
cblr-1693	85	150	a	a	DET
cblr-1693	85	151	majority	majority	NOUN
cblr-1693	85	152	of	of	ADP
cblr-1693	85	153	the	the	DET
cblr-1693	85	154	swap	swap	NOUN
cblr-1693	85	155	market	market	NOUN
cblr-1693	85	156	)	)	PUNCT
cblr-1693	85	157	.	.	PUNCT
cblr-1693	86	1	14	14	NUM
cblr-1693	86	2	see	see	VERB
cblr-1693	86	3	infra	infra	NOUN
cblr-1693	86	4	section	section	NOUN
cblr-1693	86	5	ii.d.2	ii.d.2	NOUN
cblr-1693	86	6	(	(	PUNCT
cblr-1693	86	7	discussing	discuss	VERB
cblr-1693	86	8	the	the	DET
cblr-1693	86	9	sec	sec	PROPN
cblr-1693	86	10	’s	’s	PART
cblr-1693	86	11	regulatory	regulatory	ADJ
cblr-1693	86	12	actions	action	NOUN
cblr-1693	86	13	taken	take	VERB
cblr-1693	86	14	so	so	ADV
cblr-1693	86	15	far	far	ADV
cblr-1693	86	16	)	)	PUNCT
cblr-1693	86	17	.	.	PUNCT
cblr-1693	87	1	for	for	ADP
cblr-1693	87	2	a	a	DET
cblr-1693	87	3	comparison	comparison	NOUN
cblr-1693	87	4	of	of	ADP
cblr-1693	87	5	the	the	DET
cblr-1693	87	6	sec	sec	PROPN
cblr-1693	87	7	and	and	CCONJ
cblr-1693	87	8	cftc	cftc	PROPN
cblr-1693	87	9	’s	’s	PART
cblr-1693	87	10	regulatory	regulatory	ADJ
cblr-1693	87	11	approaches	approach	NOUN
cblr-1693	87	12	,	,	PUNCT
cblr-1693	87	13	see	see	VERB
cblr-1693	87	14	infra	infra	NOUN
cblr-1693	87	15	figure	figure	NOUN
cblr-1693	87	16	2	2	NUM
cblr-1693	87	17	.	.	SYM
cblr-1693	87	18	15	15	NUM
cblr-1693	87	19	see	see	NOUN
cblr-1693	87	20	process	process	NOUN
cblr-1693	87	21	for	for	ADP
cblr-1693	87	22	submissions	submission	NOUN
cblr-1693	87	23	for	for	ADP
cblr-1693	87	24	review	review	NOUN
cblr-1693	87	25	of	of	ADP
cblr-1693	87	26	security	security	NOUN
cblr-1693	87	27	-	-	PUNCT
cblr-1693	87	28	based	base	VERB
cblr-1693	87	29	swaps	swap	NOUN
cblr-1693	87	30	for	for	ADP
cblr-1693	87	31	mandatory	mandatory	ADJ
cblr-1693	87	32	clearing	clearing	NOUN
cblr-1693	87	33	and	and	CCONJ
cblr-1693	87	34	notice	notice	VERB
cblr-1693	87	35	filing	filing	NOUN
cblr-1693	87	36	requirements	requirement	NOUN
cblr-1693	87	37	for	for	ADP
cblr-1693	87	38	clearing	clear	VERB
cblr-1693	87	39	agencies	agency	NOUN
cblr-1693	87	40	;	;	PUNCT
cblr-1693	87	41	technical	technical	ADJ
cblr-1693	87	42	amendments	amendment	NOUN
cblr-1693	87	43	to	to	PART
cblr-1693	87	44	rule	rule	VERB
cblr-1693	87	45	19b-4	19b-4	NOUN
cblr-1693	87	46	and	and	CCONJ
cblr-1693	87	47	form	form	VERB
cblr-1693	87	48	19b-4	19b-4	NOUN
cblr-1693	87	49	applicable	applicable	ADJ
cblr-1693	87	50	to	to	ADP
cblr-1693	87	51	all	all	DET
cblr-1693	87	52	selfregulatory	selfregulatory	ADJ
cblr-1693	87	53	organizations	organization	NOUN
cblr-1693	87	54	,	,	PUNCT
cblr-1693	87	55	77	77	NUM
cblr-1693	87	56	fed	fed	PROPN
cblr-1693	87	57	.	.	PUNCT
cblr-1693	88	1	reg	reg	PROPN
cblr-1693	88	2	.	.	PUNCT
cblr-1693	89	1	41,602	41,602	NUM
cblr-1693	89	2	,	,	PUNCT
cblr-1693	89	3	41,605	41,605	NUM
cblr-1693	89	4	(	(	PUNCT
cblr-1693	89	5	july	july	PROPN
cblr-1693	89	6	13	13	NUM
cblr-1693	89	7	,	,	PUNCT
cblr-1693	89	8	2012	2012	NUM
cblr-1693	89	9	)	)	PUNCT
cblr-1693	89	10	(	(	PUNCT
cblr-1693	89	11	to	to	PART
cblr-1693	89	12	be	be	AUX
cblr-1693	89	13	codified	codify	VERB
cblr-1693	89	14	at	at	ADP
cblr-1693	89	15	17	17	NUM
cblr-1693	89	16	c.f.r	c.f.r	NOUN
cblr-1693	89	17	.	.	PUNCT
cblr-1693	90	1	pts	pts	AUX
cblr-1693	90	2	.	.	PROPN
cblr-1693	90	3	240	240	NUM
cblr-1693	90	4	,	,	PUNCT
cblr-1693	90	5	249	249	NUM
cblr-1693	90	6	)	)	PUNCT
cblr-1693	90	7	(	(	PUNCT
cblr-1693	90	8	“	"	PUNCT
cblr-1693	90	9	[	[	X
cblr-1693	90	10	t]he	t]he	X
cblr-1693	90	11	[	[	X
cblr-1693	90	12	sec	sec	X
cblr-1693	90	13	]	]	X
cblr-1693	90	14	is	be	AUX
cblr-1693	90	15	adopting	adopt	VERB
cblr-1693	90	16	amendments	amendment	NOUN
cblr-1693	90	17	.	.	PUNCT
cblr-1693	90	18	.	.	PUNCT
cblr-1693	90	19	.	.	PUNCT
cblr-1693	91	1	to	to	PART
cblr-1693	91	2	establish	establish	VERB
cblr-1693	91	3	processes	process	NOUN
cblr-1693	91	4	for	for	ADP
cblr-1693	91	5	.	.	PUNCT
cblr-1693	91	6	.	.	PUNCT
cblr-1693	92	1	.	.	PUNCT
cblr-1693	93	1	how	how	SCONJ
cblr-1693	93	2	clearing	clearing	NOUN
cblr-1693	93	3	agencies	agency	NOUN
cblr-1693	93	4	registered	register	VERB
cblr-1693	93	5	with	with	ADP
cblr-1693	93	6	the	the	DET
cblr-1693	93	7	[	[	X
cblr-1693	93	8	sec	sec	PROPN
cblr-1693	93	9	]	]	X
cblr-1693	93	10	must	must	AUX
cblr-1693	93	11	submit	submit	VERB
cblr-1693	93	12	security	security	NOUN
cblr-1693	93	13	-	-	PUNCT
cblr-1693	93	14	based	base	VERB
cblr-1693	93	15	swap	swap	NOUN
cblr-1693	93	16	submissions	submission	NOUN
cblr-1693	93	17	to	to	ADP
cblr-1693	93	18	the	the	DET
cblr-1693	93	19	[	[	X
cblr-1693	93	20	sec	sec	PROPN
cblr-1693	93	21	]	]	X
cblr-1693	93	22	for	for	ADP
cblr-1693	93	23	a	a	DET
cblr-1693	93	24	determination	determination	NOUN
cblr-1693	93	25	by	by	ADP
cblr-1693	93	26	the	the	DET
cblr-1693	93	27	[	[	X
cblr-1693	93	28	sec	sec	PROPN
cblr-1693	93	29	]	]	PUNCT
cblr-1693	93	30	of	of	ADP
cblr-1693	93	31	whether	whether	SCONJ
cblr-1693	93	32	the	the	DET
cblr-1693	93	33	security	security	NOUN
cblr-1693	93	34	-	-	PUNCT
cblr-1693	93	35	based	base	VERB
cblr-1693	93	36	swap	swap	NOUN
cblr-1693	93	37	.	.	PUNCT
cblr-1693	93	38	.	.	PUNCT
cblr-1693	94	1	.	.	PUNCT
cblr-1693	95	1	referenced	reference	VERB
cblr-1693	95	2	in	in	ADP
cblr-1693	95	3	the	the	DET
cblr-1693	95	4	submission	submission	NOUN
cblr-1693	95	5	is	be	AUX
cblr-1693	95	6	required	require	VERB
cblr-1693	95	7	to	to	PART
cblr-1693	95	8	be	be	AUX
cblr-1693	95	9	cleared	clear	VERB
cblr-1693	96	1	[	[	X
cblr-1693	96	2	.	.	X
cblr-1693	96	3	]	]	X
cblr-1693	96	4	”	"	PUNCT
cblr-1693	96	5	)	)	PUNCT
cblr-1693	96	6	.	.	PUNCT
cblr-1693	97	1	16	16	NUM
cblr-1693	97	2	see	see	VERB
cblr-1693	97	3	statement	statement	NOUN
cblr-1693	97	4	of	of	ADP
cblr-1693	97	5	general	general	ADJ
cblr-1693	97	6	policy	policy	NOUN
cblr-1693	97	7	on	on	ADP
cblr-1693	97	8	the	the	DET
cblr-1693	97	9	sequencing	sequencing	NOUN
cblr-1693	97	10	of	of	ADP
cblr-1693	97	11	the	the	DET
cblr-1693	97	12	compliance	compliance	NOUN
cblr-1693	97	13	dates	date	VERB
cblr-1693	97	14	for	for	ADP
cblr-1693	97	15	final	final	ADJ
cblr-1693	97	16	rules	rule	NOUN
cblr-1693	97	17	applicable	applicable	ADJ
cblr-1693	97	18	to	to	ADP
cblr-1693	97	19	security	security	NOUN
cblr-1693	97	20	-	-	PUNCT
cblr-1693	97	21	based	base	VERB
cblr-1693	97	22	swaps	swap	NOUN
cblr-1693	97	23	adopted	adopt	VERB
cblr-1693	97	24	pursuant	pursuant	ADV
cblr-1693	97	25	to	to	ADP
cblr-1693	97	26	the	the	DET
cblr-1693	97	27	securities	securities	PROPN
cblr-1693	97	28	exchange	exchange	PROPN
cblr-1693	97	29	act	act	NOUN
cblr-1693	97	30	of	of	ADP
cblr-1693	97	31	1934	1934	NUM
cblr-1693	97	32	and	and	CCONJ
cblr-1693	97	33	the	the	DET
cblr-1693	97	34	doddfrank	doddfrank	PROPN
cblr-1693	97	35	wall	wall	PROPN
cblr-1693	97	36	street	street	PROPN
cblr-1693	97	37	reform	reform	PROPN
cblr-1693	97	38	and	and	CCONJ
cblr-1693	97	39	consumer	consumer	NOUN
cblr-1693	97	40	protection	protection	PROPN
cblr-1693	97	41	act	act	PROPN
cblr-1693	97	42	,	,	PUNCT
cblr-1693	97	43	77	77	NUM
cblr-1693	97	44	fed	fed	PROPN
cblr-1693	97	45	.	.	PUNCT
cblr-1693	98	1	reg	reg	PROPN
cblr-1693	98	2	.	.	PROPN
cblr-1693	98	3	35,625	35,625	NUM
cblr-1693	98	4	,	,	PUNCT
cblr-1693	98	5	35,635	35,635	NUM
cblr-1693	98	6	(	(	PUNCT
cblr-1693	98	7	june	june	PROPN
cblr-1693	98	8	14	14	NUM
cblr-1693	98	9	,	,	PUNCT
cblr-1693	98	10	2012	2012	NUM
cblr-1693	98	11	)	)	PUNCT
cblr-1693	99	1	(	(	PUNCT
cblr-1693	99	2	to	to	PART
cblr-1693	99	3	be	be	AUX
cblr-1693	99	4	codified	codify	VERB
cblr-1693	99	5	at	at	ADP
cblr-1693	99	6	17	17	NUM
cblr-1693	99	7	c.f.r	c.f.r	NOUN
cblr-1693	99	8	.	.	PUNCT
cblr-1693	100	1	pt	pt	PROPN
cblr-1693	100	2	.	.	PROPN
cblr-1693	100	3	240	240	NUM
cblr-1693	100	4	)	)	PUNCT
cblr-1693	100	5	(	(	PUNCT
cblr-1693	100	6	“	"	PUNCT
cblr-1693	100	7	[	[	X
cblr-1693	100	8	g]iven	g]iven	VERB
cblr-1693	100	9	the	the	DET
cblr-1693	100	10	dependency	dependency	NOUN
cblr-1693	100	11	of	of	ADP
cblr-1693	100	12	the	the	DET
cblr-1693	100	13	[	[	X
cblr-1693	100	14	security	security	NOUN
cblr-1693	100	15	-	-	PUNCT
cblr-1693	100	16	based	base	VERB
cblr-1693	100	17	]	]	PUNCT
cblr-1693	100	18	swap	swap	ADJ
cblr-1693	100	19	mandatory	mandatory	ADJ
cblr-1693	100	20	clearing	clearing	NOUN
cblr-1693	100	21	regime	regime	NOUN
cblr-1693	100	22	upon	upon	SCONJ
cblr-1693	100	23	other	other	ADJ
cblr-1693	100	24	title	title	NOUN
cblr-1693	100	25	vii	vii	PROPN
cblr-1693	100	26	final	final	ADJ
cblr-1693	100	27	rules	rule	NOUN
cblr-1693	100	28	yet	yet	ADV
cblr-1693	100	29	to	to	PART
cblr-1693	100	30	be	be	AUX
cblr-1693	100	31	adopted	adopt	VERB
cblr-1693	100	32	,	,	PUNCT
cblr-1693	100	33	the	the	DET
cblr-1693	100	34	[	[	X
cblr-1693	100	35	sec	sec	X
cblr-1693	100	36	]	]	X
cblr-1693	100	37	believes	believe	VERB
cblr-1693	100	38	[	[	PUNCT
cblr-1693	100	39	security	security	NOUN
cblr-1693	100	40	-	-	PUNCT
cblr-1693	100	41	based	base	VERB
cblr-1693	100	42	]	]	PUNCT
cblr-1693	100	43	swaps	swap	NOUN
cblr-1693	100	44	should	should	AUX
cblr-1693	100	45	not	not	PART
cblr-1693	100	46	be	be	AUX
cblr-1693	100	47	required	require	VERB
cblr-1693	100	48	to	to	PART
cblr-1693	100	49	be	be	AUX
cblr-1693	100	50	cleared	clear	VERB
cblr-1693	100	51	until	until	ADP
cblr-1693	100	52	after	after	ADP
cblr-1693	100	53	the	the	DET
cblr-1693	100	54	later	later	NOUN
cblr-1693	100	55	of	of	ADP
cblr-1693	100	56	:	:	PUNCT
cblr-1693	100	57	(	(	PUNCT
cblr-1693	100	58	1	1	X
cblr-1693	100	59	)	)	PUNCT
cblr-1693	100	60	the	the	DET
cblr-1693	100	61	compliance	compliance	NOUN
cblr-1693	100	62	date	date	NOUN
cblr-1693	100	63	of	of	ADP
cblr-1693	100	64	certain	certain	ADJ
cblr-1693	100	65	of	of	ADP
cblr-1693	100	66	the	the	DET
cblr-1693	100	67	final	final	ADJ
cblr-1693	100	68	rules	rule	NOUN
cblr-1693	100	69	resulting	result	VERB
cblr-1693	100	70	from	from	ADP
cblr-1693	100	71	the	the	DET
cblr-1693	100	72	clearing	clearing	NOUN
cblr-1693	100	73	agency	agency	NOUN
cblr-1693	100	74	standards	standard	NOUN
cblr-1693	100	75	proposing	propose	VERB
cblr-1693	100	76	release	release	NOUN
cblr-1693	100	77	;	;	PUNCT
cblr-1693	100	78	(	(	PUNCT
cblr-1693	100	79	2	2	X
cblr-1693	100	80	)	)	PUNCT
cblr-1693	100	81	the	the	DET
cblr-1693	100	82	compliance	compliance	NOUN
cblr-1693	100	83	date	date	NOUN
cblr-1693	100	84	of	of	ADP
cblr-1693	100	85	final	final	ADJ
cblr-1693	100	86	rules	rule	NOUN
cblr-1693	100	87	resulting	result	VERB
cblr-1693	100	88	from	from	ADP
cblr-1693	100	89	the	the	DET
cblr-1693	100	90	end	end	NOUN
cblr-1693	100	91	-	-	PUNCT
cblr-1693	100	92	user	user	NOUN
cblr-1693	100	93	clearing	clearing	NOUN
cblr-1693	100	94	exception	exception	NOUN
cblr-1693	100	95	proposing	propose	VERB
cblr-1693	100	96	release	release	NOUN
cblr-1693	100	97	;	;	PUNCT
cblr-1693	100	98	and	and	CCONJ
cblr-1693	100	99	(	(	PUNCT
cblr-1693	100	100	3	3	X
cblr-1693	100	101	)	)	PUNCT
cblr-1693	100	102	the	the	DET
cblr-1693	100	103	commission	commission	NOUN
cblr-1693	100	104	determining	determine	VERB
cblr-1693	100	105	whether	whether	SCONJ
cblr-1693	100	106	to	to	PART
cblr-1693	100	107	propose	propose	VERB
cblr-1693	100	108	amendments	amendment	NOUN
cblr-1693	100	109	to	to	ADP
cblr-1693	100	110	the	the	DET
cblr-1693	100	111	existing	exist	VERB
cblr-1693	100	112	net	net	ADJ
cblr-1693	100	113	capital	capital	NOUN
cblr-1693	100	114	and	and	CCONJ
cblr-1693	100	115	customer	customer	NOUN
cblr-1693	100	116	protection	protection	NOUN
cblr-1693	100	117	requirements	requirement	NOUN
cblr-1693	100	118	applicable	applicable	ADJ
cblr-1693	100	119	to	to	ADP
cblr-1693	100	120	broker	broker	NOUN
cblr-1693	100	121	-	-	PUNCT
cblr-1693	100	122	dealers	dealer	NOUN
cblr-1693	100	123	.	.	PUNCT
cblr-1693	100	124	.	.	PUNCT
cblr-1693	101	1	.	.	PUNCT
cblr-1693	102	1	and	and	CCONJ
cblr-1693	102	2	whether	whether	SCONJ
cblr-1693	102	3	to	to	PART
cblr-1693	102	4	address	address	VERB
cblr-1693	102	5	portfolio	portfolio	NOUN
cblr-1693	102	6	margining	margining	NOUN
cblr-1693	102	7	with	with	ADP
cblr-1693	102	8	swaps	swap	NOUN
cblr-1693	102	9	.	.	PUNCT
cblr-1693	102	10	”	"	PUNCT
cblr-1693	102	11	)	)	PUNCT
cblr-1693	102	12	.	.	PUNCT
cblr-1693	103	1	258	258	NUM
cblr-1693	103	2	columbia	columbia	PROPN
cblr-1693	103	3	business	business	NOUN
cblr-1693	103	4	law	law	PROPN
cblr-1693	103	5	review	review	NOUN
cblr-1693	103	6	[	[	X
cblr-1693	103	7	vol	vol	NOUN
cblr-1693	103	8	.	.	NOUN
cblr-1693	103	9	2019	2019	NUM
cblr-1693	103	10	rulemakings	rulemaking	NOUN
cblr-1693	103	11	remain	remain	VERB
cblr-1693	103	12	unclear	unclear	ADJ
cblr-1693	103	13	,	,	PUNCT
cblr-1693	103	14	the	the	DET
cblr-1693	103	15	sec	sec	PROPN
cblr-1693	103	16	’s	’s	PART
cblr-1693	103	17	guidance	guidance	NOUN
cblr-1693	103	18	indicates	indicate	VERB
cblr-1693	103	19	that	that	SCONJ
cblr-1693	103	20	submissions	submission	NOUN
cblr-1693	103	21	will	will	AUX
cblr-1693	103	22	begin	begin	VERB
cblr-1693	103	23	once	once	ADV
cblr-1693	103	24	these	these	DET
cblr-1693	103	25	preliminary	preliminary	ADJ
cblr-1693	103	26	rules	rule	NOUN
cblr-1693	103	27	take	take	VERB
cblr-1693	103	28	effect.17	effect.17	NOUN
cblr-1693	103	29	however	however	ADV
cblr-1693	103	30	,	,	PUNCT
cblr-1693	103	31	the	the	DET
cblr-1693	103	32	sec	sec	PROPN
cblr-1693	103	33	has	have	AUX
cblr-1693	103	34	provided	provide	VERB
cblr-1693	103	35	no	no	DET
cblr-1693	103	36	further	further	ADJ
cblr-1693	103	37	guidance	guidance	NOUN
cblr-1693	103	38	on	on	ADP
cblr-1693	103	39	whether	whether	SCONJ
cblr-1693	103	40	commission	commission	NOUN
cblr-1693	103	41	-	-	PUNCT
cblr-1693	103	42	initiated	initiate	VERB
cblr-1693	103	43	review	review	NOUN
cblr-1693	103	44	will	will	AUX
cblr-1693	103	45	take	take	VERB
cblr-1693	103	46	place	place	NOUN
cblr-1693	103	47	or	or	CCONJ
cblr-1693	103	48	the	the	DET
cblr-1693	103	49	procedures	procedure	NOUN
cblr-1693	103	50	the	the	DET
cblr-1693	103	51	sec	sec	PROPN
cblr-1693	103	52	will	will	AUX
cblr-1693	103	53	follow	follow	VERB
cblr-1693	103	54	in	in	ADP
cblr-1693	103	55	conducting	conduct	VERB
cblr-1693	103	56	such	such	ADJ
cblr-1693	103	57	review.18	review.18	NOUN
cblr-1693	103	58	this	this	DET
cblr-1693	103	59	lack	lack	NOUN
cblr-1693	103	60	of	of	ADP
cblr-1693	103	61	interest	interest	NOUN
cblr-1693	103	62	in	in	ADP
cblr-1693	103	63	top	top	ADJ
cblr-1693	103	64	-	-	PUNCT
cblr-1693	103	65	down	down	ADP
cblr-1693	103	66	review	review	NOUN
cblr-1693	103	67	for	for	ADP
cblr-1693	103	68	uncleared	uncleared	ADJ
cblr-1693	103	69	products	product	NOUN
cblr-1693	103	70	will	will	AUX
cblr-1693	103	71	undercut	undercut	VERB
cblr-1693	103	72	the	the	DET
cblr-1693	103	73	effectiveness	effectiveness	NOUN
cblr-1693	103	74	of	of	ADP
cblr-1693	103	75	the	the	DET
cblr-1693	103	76	central	central	ADJ
cblr-1693	103	77	clearing	clearing	NOUN
cblr-1693	103	78	requirement	requirement	NOUN
cblr-1693	103	79	for	for	ADP
cblr-1693	103	80	security	security	NOUN
cblr-1693	103	81	-	-	PUNCT
cblr-1693	103	82	based	base	VERB
cblr-1693	103	83	swaps	swap	NOUN
cblr-1693	103	84	.	.	PUNCT
cblr-1693	104	1	while	while	SCONJ
cblr-1693	104	2	the	the	DET
cblr-1693	104	3	cftc	cftc	PROPN
cblr-1693	104	4	’s	’s	PART
cblr-1693	104	5	mandatory	mandatory	ADJ
cblr-1693	104	6	clearing	clearing	NOUN
cblr-1693	104	7	determinations	determination	NOUN
cblr-1693	104	8	have	have	AUX
cblr-1693	104	9	not	not	PART
cblr-1693	104	10	displayed	display	VERB
cblr-1693	104	11	why	why	SCONJ
cblr-1693	104	12	commission	commission	NOUN
cblr-1693	104	13	-	-	PUNCT
cblr-1693	104	14	initiated	initiate	VERB
cblr-1693	104	15	review	review	NOUN
cblr-1693	104	16	is	be	AUX
cblr-1693	104	17	necessary	necessary	ADJ
cblr-1693	104	18	(	(	PUNCT
cblr-1693	104	19	so	so	ADV
cblr-1693	104	20	far	far	ADV
cblr-1693	104	21	,	,	PUNCT
cblr-1693	104	22	the	the	DET
cblr-1693	104	23	cftc	cftc	PROPN
cblr-1693	104	24	has	have	AUX
cblr-1693	104	25	relied	rely	VERB
cblr-1693	104	26	only	only	ADV
cblr-1693	104	27	on	on	ADP
cblr-1693	104	28	submissions	submission	NOUN
cblr-1693	104	29	from	from	ADP
cblr-1693	104	30	central	central	ADJ
cblr-1693	104	31	clearinghouses	clearinghouse	NOUN
cblr-1693	104	32	)	)	PUNCT
cblr-1693	104	33	,	,	PUNCT
cblr-1693	104	34	the	the	DET
cblr-1693	104	35	submission	submission	NOUN
cblr-1693	104	36	-	-	PUNCT
cblr-1693	104	37	only	only	ADV
cblr-1693	104	38	approach	approach	NOUN
cblr-1693	104	39	successfully	successfully	ADV
cblr-1693	104	40	implemented	implement	VERB
cblr-1693	104	41	the	the	DET
cblr-1693	104	42	statutory	statutory	ADJ
cblr-1693	104	43	mandate	mandate	NOUN
cblr-1693	104	44	because	because	SCONJ
cblr-1693	104	45	swaps	swap	NOUN
cblr-1693	104	46	were	be	AUX
cblr-1693	104	47	already	already	ADV
cblr-1693	104	48	widely	widely	ADV
cblr-1693	104	49	cleared	clear	VERB
cblr-1693	104	50	voluntarily	voluntarily	ADV
cblr-1693	104	51	prior	prior	ADV
cblr-1693	104	52	to	to	ADP
cblr-1693	104	53	the	the	DET
cblr-1693	104	54	central	central	ADJ
cblr-1693	104	55	clearing	clearing	NOUN
cblr-1693	104	56	mandate	mandate	NOUN
cblr-1693	104	57	’s	’s	PART
cblr-1693	104	58	implementation.19	implementation.19	NOUN
cblr-1693	104	59	currently	currently	ADV
cblr-1693	104	60	,	,	PUNCT
cblr-1693	104	61	a	a	DET
cblr-1693	104	62	far	far	ADV
cblr-1693	104	63	smaller	small	ADJ
cblr-1693	104	64	proportion	proportion	NOUN
cblr-1693	104	65	of	of	ADP
cblr-1693	104	66	the	the	DET
cblr-1693	104	67	security	security	NOUN
cblr-1693	104	68	-	-	PUNCT
cblr-1693	104	69	based	base	VERB
cblr-1693	104	70	swap	swap	NOUN
cblr-1693	104	71	market	market	NOUN
cblr-1693	104	72	is	be	AUX
cblr-1693	104	73	voluntarily	voluntarily	ADV
cblr-1693	104	74	cleared	clear	VERB
cblr-1693	104	75	,	,	PUNCT
cblr-1693	104	76	meaning	mean	VERB
cblr-1693	104	77	submissions	submission	NOUN
cblr-1693	104	78	will	will	AUX
cblr-1693	104	79	fail	fail	VERB
cblr-1693	104	80	to	to	PART
cblr-1693	104	81	cover	cover	VERB
cblr-1693	104	82	most	most	ADJ
cblr-1693	104	83	of	of	ADP
cblr-1693	104	84	the	the	DET
cblr-1693	104	85	security	security	NOUN
cblr-1693	104	86	-	-	PUNCT
cblr-1693	104	87	based	base	VERB
cblr-1693	104	88	swap	swap	NOUN
cblr-1693	104	89	market	market	NOUN
cblr-1693	104	90	already	already	ADV
cblr-1693	104	91	in	in	ADP
cblr-1693	104	92	existence.20	existence.20	PROPN
cblr-1693	104	93	further	far	ADV
cblr-1693	104	94	,	,	PUNCT
cblr-1693	104	95	in	in	ADP
cblr-1693	104	96	contrast	contrast	NOUN
cblr-1693	104	97	with	with	ADP
cblr-1693	104	98	the	the	DET
cblr-1693	104	99	sec	sec	PROPN
cblr-1693	104	100	,	,	PUNCT
cblr-1693	104	101	the	the	DET
cblr-1693	104	102	cftc	cftc	PROPN
cblr-1693	104	103	established	establish	VERB
cblr-1693	104	104	the	the	DET
cblr-1693	104	105	processes	process	NOUN
cblr-1693	104	106	for	for	ADP
cblr-1693	104	107	top	top	ADJ
cblr-1693	104	108	-	-	PUNCT
cblr-1693	104	109	down	down	ADP
cblr-1693	104	110	review	review	NOUN
cblr-1693	104	111	in	in	ADP
cblr-1693	104	112	the	the	DET
cblr-1693	104	113	cftc	cftc	PROPN
cblr-1693	104	114	process	process	NOUN
cblr-1693	104	115	rule	rule	NOUN
cblr-1693	104	116	,	,	PUNCT
cblr-1693	104	117	even	even	ADV
cblr-1693	104	118	though	though	SCONJ
cblr-1693	104	119	these	these	DET
cblr-1693	104	120	processes	process	NOUN
cblr-1693	104	121	have	have	AUX
cblr-1693	104	122	not	not	PART
cblr-1693	104	123	yet	yet	ADV
cblr-1693	104	124	been	be	AUX
cblr-1693	104	125	used.21	used.21	ADJ
cblr-1693	104	126	by	by	ADP
cblr-1693	104	127	providing	provide	VERB
cblr-1693	104	128	clear	clear	ADJ
cblr-1693	104	129	standards	standard	NOUN
cblr-1693	104	130	for	for	ADP
cblr-1693	104	131	top	top	ADJ
cblr-1693	104	132	-	-	PUNCT
cblr-1693	104	133	down	down	NOUN
cblr-1693	104	134	17	17	NUM
cblr-1693	104	135	i	i	PROPN
cblr-1693	104	136	d.	d.	PROPN
cblr-1693	104	137	18	18	NUM
cblr-1693	104	138	see	see	VERB
cblr-1693	104	139	infra	infra	NOUN
cblr-1693	104	140	section	section	NOUN
cblr-1693	104	141	ii.d.2	ii.d.2	NOUN
cblr-1693	104	142	(	(	PUNCT
cblr-1693	104	143	discussing	discuss	VERB
cblr-1693	104	144	the	the	DET
cblr-1693	104	145	sec	sec	PROPN
cblr-1693	104	146	’s	’s	PART
cblr-1693	104	147	very	very	ADV
cblr-1693	104	148	limited	limited	ADJ
cblr-1693	104	149	preparation	preparation	NOUN
cblr-1693	104	150	and	and	CCONJ
cblr-1693	104	151	discussion	discussion	NOUN
cblr-1693	104	152	of	of	ADP
cblr-1693	104	153	commission	commission	NOUN
cblr-1693	104	154	-	-	PUNCT
cblr-1693	104	155	initiated	initiate	VERB
cblr-1693	104	156	review	review	NOUN
cblr-1693	104	157	)	)	PUNCT
cblr-1693	104	158	.	.	PUNCT
cblr-1693	105	1	19	19	NUM
cblr-1693	105	2	see	see	NOUN
cblr-1693	105	3	infra	infra	NOUN
cblr-1693	105	4	section	section	NOUN
cblr-1693	105	5	iii.b.1	iii.b.1	PRON
cblr-1693	105	6	(	(	PUNCT
cblr-1693	105	7	showing	show	VERB
cblr-1693	105	8	swaps	swap	NOUN
cblr-1693	105	9	were	be	AUX
cblr-1693	105	10	significantly	significantly	ADV
cblr-1693	105	11	cleared	clear	VERB
cblr-1693	105	12	voluntarily	voluntarily	ADV
cblr-1693	105	13	when	when	SCONJ
cblr-1693	105	14	the	the	DET
cblr-1693	105	15	cftc	cftc	PROPN
cblr-1693	105	16	’s	’s	PART
cblr-1693	105	17	mandatory	mandatory	ADJ
cblr-1693	105	18	clearing	clearing	NOUN
cblr-1693	105	19	requirement	requirement	NOUN
cblr-1693	105	20	took	take	VERB
cblr-1693	105	21	effect	effect	NOUN
cblr-1693	105	22	)	)	PUNCT
cblr-1693	105	23	.	.	PUNCT
cblr-1693	106	1	20	20	NUM
cblr-1693	106	2	semiannual	semiannual	ADJ
cblr-1693	106	3	otc	otc	PROPN
cblr-1693	106	4	derivatives	derivative	NOUN
cblr-1693	106	5	statistics	statistic	NOUN
cblr-1693	106	6	,	,	PUNCT
cblr-1693	106	7	global	global	ADJ
cblr-1693	106	8	otc	otc	PROPN
cblr-1693	106	9	derivatives	derivative	NOUN
cblr-1693	106	10	market	market	NOUN
cblr-1693	106	11	:	:	PUNCT
cblr-1693	106	12	commodity	commodity	NOUN
cblr-1693	106	13	contracts	contract	NOUN
cblr-1693	106	14	,	,	PUNCT
cblr-1693	106	15	credit	credit	NOUN
cblr-1693	106	16	default	default	NOUN
cblr-1693	106	17	swaps	swap	NOUN
cblr-1693	106	18	,	,	PUNCT
cblr-1693	106	19	bank	bank	NOUN
cblr-1693	106	20	for	for	ADP
cblr-1693	106	21	int’l	int’l	NUM
cblr-1693	106	22	settlements	settlement	NOUN
cblr-1693	106	23	,	,	PUNCT
cblr-1693	106	24	http://stats.bis.org/statx/srs/tseries/otc_deriv/h:n:a:y:r	http://stats.bis.org/statx/srs/tseries/otc_deriv/h:n:a:y:r	NOUN
cblr-1693	106	25	:	:	PUNCT
cblr-1693	106	26	a	a	DET
cblr-1693	106	27	:	:	PUNCT
cblr-1693	106	28	a:5a:5j?t	a:5a:5j?t	ADJ
cblr-1693	106	29	=	=	NOUN
cblr-1693	106	30	d5.2&p=20171&i=28.4&x	d5.2&p=20171&i=28.4&x	NOUN
cblr-1693	106	31	=	=	SYM
cblr-1693	106	32	od_cparty.5.cl_od_cparty	od_cparty.5.cl_od_cparty	PROPN
cblr-1693	106	33	&	&	CCONJ
cblr-1693	106	34	o	o	NOUN
cblr-1693	106	35	=	=	NOUN
cblr-1693	106	36	s	s	NOUN
cblr-1693	106	37	:	:	PUNCT
cblr-1693	106	38	line	line	NOUN
cblr-1693	106	39	,	,	PUNCT
cblr-1693	106	40	z:3	z:3	PROPN
cblr-1693	107	1	[	[	X
cblr-1693	107	2	perma.cc/s2jw-3jns	perma.cc/s2jw-3jns	NUM
cblr-1693	107	3	]	]	X
cblr-1693	107	4	(	(	PUNCT
cblr-1693	107	5	showing	show	VERB
cblr-1693	107	6	number	number	NOUN
cblr-1693	107	7	of	of	ADP
cblr-1693	107	8	index	index	NOUN
cblr-1693	107	9	cds	cd	NOUN
cblr-1693	107	10	trades	trade	NOUN
cblr-1693	107	11	with	with	ADP
cblr-1693	107	12	central	central	ADJ
cblr-1693	107	13	clearing	clearing	NOUN
cblr-1693	107	14	parties	party	NOUN
cblr-1693	107	15	)	)	PUNCT
cblr-1693	107	16	;	;	PUNCT
cblr-1693	107	17	semiannual	semiannual	ADJ
cblr-1693	107	18	otc	otc	PROPN
cblr-1693	107	19	derivatives	derivative	NOUN
cblr-1693	107	20	statistics	statistic	NOUN
cblr-1693	107	21	,	,	PUNCT
cblr-1693	107	22	global	global	ADJ
cblr-1693	107	23	otc	otc	PROPN
cblr-1693	107	24	derivatives	derivative	NOUN
cblr-1693	107	25	market	market	NOUN
cblr-1693	107	26	:	:	PUNCT
cblr-1693	107	27	commodity	commodity	NOUN
cblr-1693	107	28	contracts	contract	NOUN
cblr-1693	107	29	,	,	PUNCT
cblr-1693	107	30	credit	credit	NOUN
cblr-1693	107	31	default	default	NOUN
cblr-1693	107	32	swaps	swap	NOUN
cblr-1693	107	33	,	,	PUNCT
cblr-1693	107	34	bank	bank	NOUN
cblr-1693	107	35	for	for	ADP
cblr-1693	107	36	int’l	int’l	NUM
cblr-1693	107	37	settlements	settlement	NOUN
cblr-1693	107	38	,	,	PUNCT
cblr-1693	107	39	http://stats.bis.org/statx/srs/tseries/	http://stats.bis.org/statx/srs/tseries/	ADP
cblr-1693	107	40	otc_deriv	otc_deriv	ADJ
cblr-1693	107	41	/	/	SYM
cblr-1693	107	42	h	h	NOUN
cblr-1693	107	43	:	:	PUNCT
cblr-1693	107	44	n	n	CCONJ
cblr-1693	107	45	:	:	PUNCT
cblr-1693	107	46	d	d	X
cblr-1693	107	47	:	:	PUNCT
cblr-1693	107	48	y	y	NOUN
cblr-1693	107	49	:	:	PUNCT
cblr-1693	107	50	n	n	CCONJ
cblr-1693	107	51	:	:	PUNCT
cblr-1693	107	52	a	a	DET
cblr-1693	107	53	:	:	PUNCT
cblr-1693	107	54	a:5a:5j?t	a:5a:5j?t	ADJ
cblr-1693	107	55	=	=	NOUN
cblr-1693	107	56	d5.2&p=20171&i=26.8&x	d5.2&p=20171&i=26.8&x	NOUN
cblr-1693	107	57	=	=	SYM
cblr-1693	107	58	od_cpa	od_cpa	PROPN
cblr-1693	107	59	rty.5.cl_od_cparty&o	rty.5.cl_od_cparty&o	NUM
cblr-1693	107	60	=	=	NOUN
cblr-1693	107	61	s	s	NOUN
cblr-1693	107	62	:	:	PUNCT
cblr-1693	107	63	line	line	NOUN
cblr-1693	107	64	,	,	PUNCT
cblr-1693	107	65	z:3	z:3	PROPN
cblr-1693	108	1	[	[	X
cblr-1693	108	2	perma.cc/x8vs-qbsk	perma.cc/x8vs-qbsk	X
cblr-1693	108	3	]	]	X
cblr-1693	108	4	(	(	PUNCT
cblr-1693	108	5	showing	show	VERB
cblr-1693	108	6	number	number	NOUN
cblr-1693	108	7	of	of	ADP
cblr-1693	108	8	single	single	ADJ
cblr-1693	108	9	-	-	PUNCT
cblr-1693	108	10	name	name	NOUN
cblr-1693	108	11	cds	cd	NOUN
cblr-1693	108	12	trades	trade	NOUN
cblr-1693	108	13	with	with	ADP
cblr-1693	108	14	central	central	ADJ
cblr-1693	108	15	clearing	clearing	NOUN
cblr-1693	108	16	parties	party	NOUN
cblr-1693	108	17	)	)	PUNCT
cblr-1693	108	18	.	.	PUNCT
cblr-1693	109	1	21	21	NUM
cblr-1693	109	2	see	see	VERB
cblr-1693	109	3	process	process	NOUN
cblr-1693	109	4	for	for	ADP
cblr-1693	109	5	review	review	NOUN
cblr-1693	109	6	of	of	ADP
cblr-1693	109	7	swaps	swap	NOUN
cblr-1693	109	8	for	for	ADP
cblr-1693	109	9	mandatory	mandatory	ADJ
cblr-1693	109	10	clearing	clearing	NOUN
cblr-1693	109	11	,	,	PUNCT
cblr-1693	109	12	76	76	NUM
cblr-1693	109	13	fed	fed	PROPN
cblr-1693	109	14	.	.	PUNCT
cblr-1693	110	1	reg	reg	PROPN
cblr-1693	110	2	.	.	PROPN
cblr-1693	111	1	44,464	44,464	NUM
cblr-1693	111	2	,	,	PUNCT
cblr-1693	111	3	44,469	44,469	NUM
cblr-1693	111	4	(	(	PUNCT
cblr-1693	111	5	july	july	PROPN
cblr-1693	111	6	26	26	NUM
cblr-1693	111	7	,	,	PUNCT
cblr-1693	111	8	2011	2011	NUM
cblr-1693	111	9	)	)	PUNCT
cblr-1693	111	10	(	(	PUNCT
cblr-1693	111	11	to	to	PART
cblr-1693	111	12	be	be	AUX
cblr-1693	111	13	codified	codify	VERB
cblr-1693	111	14	at	at	ADP
cblr-1693	111	15	17	17	NUM
cblr-1693	111	16	c.f.r	c.f.r	NOUN
cblr-1693	111	17	.	.	PUNCT
cblr-1693	112	1	pts	pts	PROPN
cblr-1693	112	2	.	.	PROPN
cblr-1693	112	3	39	39	NUM
cblr-1693	112	4	,	,	PUNCT
cblr-1693	112	5	50	50	NUM
cblr-1693	112	6	)	)	PUNCT
cblr-1693	112	7	(	(	PUNCT
cblr-1693	112	8	“	"	PUNCT
cblr-1693	112	9	section	section	NOUN
cblr-1693	112	10	723(a)(3	723(a)(3	NOUN
cblr-1693	112	11	)	)	PUNCT
cblr-1693	112	12	of	of	ADP
cblr-1693	112	13	the	the	DET
cblr-1693	112	14	dodd	dodd	PROPN
cblr-1693	112	15	-	-	PUNCT
cblr-1693	112	16	frank	frank	PROPN
cblr-1693	112	17	act	act	NOUN
cblr-1693	112	18	and	and	CCONJ
cblr-1693	112	19	regulation	regulation	NOUN
cblr-1693	112	20	39.5(c	39.5(c	NUM
cblr-1693	112	21	)	)	PUNCT
cblr-1693	112	22	require	require	VERB
cblr-1693	112	23	the	the	DET
cblr-1693	112	24	no	no	NOUN
cblr-1693	112	25	.	.	PUNCT
cblr-1693	113	1	1:252	1:252	NUM
cblr-1693	113	2	]	]	X
cblr-1693	113	3	to	to	PART
cblr-1693	113	4	clear	clear	ADJ
cblr-1693	113	5	or	or	CCONJ
cblr-1693	113	6	not	not	PART
cblr-1693	113	7	to	to	PART
cblr-1693	113	8	clear	clear	VERB
cblr-1693	113	9	259	259	NUM
cblr-1693	113	10	review	review	NOUN
cblr-1693	113	11	,	,	PUNCT
cblr-1693	113	12	the	the	DET
cblr-1693	113	13	cftc	cftc	PROPN
cblr-1693	113	14	informed	inform	VERB
cblr-1693	113	15	the	the	DET
cblr-1693	113	16	market	market	NOUN
cblr-1693	113	17	that	that	PRON
cblr-1693	113	18	even	even	ADV
cblr-1693	113	19	uncleared	uncleared	ADJ
cblr-1693	113	20	swaps	swap	NOUN
cblr-1693	113	21	could	could	AUX
cblr-1693	113	22	be	be	AUX
cblr-1693	113	23	reviewed	review	VERB
cblr-1693	113	24	,	,	PUNCT
cblr-1693	113	25	incentivizing	incentivize	VERB
cblr-1693	113	26	industry	industry	NOUN
cblr-1693	113	27	members	member	NOUN
cblr-1693	113	28	to	to	PART
cblr-1693	113	29	pursue	pursue	VERB
cblr-1693	113	30	voluntary	voluntary	ADJ
cblr-1693	113	31	clearing	clearing	NOUN
cblr-1693	113	32	for	for	ADP
cblr-1693	113	33	any	any	DET
cblr-1693	113	34	swap	swap	NOUN
cblr-1693	113	35	products	product	NOUN
cblr-1693	113	36	that	that	PRON
cblr-1693	113	37	are	be	AUX
cblr-1693	113	38	currently	currently	ADV
cblr-1693	113	39	uncleared.22	uncleared.22	NOUN
cblr-1693	113	40	in	in	ADP
cblr-1693	113	41	the	the	DET
cblr-1693	113	42	security	security	NOUN
cblr-1693	113	43	-	-	PUNCT
cblr-1693	113	44	based	base	VERB
cblr-1693	113	45	swap	swap	NOUN
cblr-1693	113	46	context	context	NOUN
cblr-1693	113	47	,	,	PUNCT
cblr-1693	113	48	without	without	ADP
cblr-1693	113	49	any	any	DET
cblr-1693	113	50	indication	indication	NOUN
cblr-1693	113	51	that	that	SCONJ
cblr-1693	113	52	the	the	DET
cblr-1693	113	53	sec	sec	PROPN
cblr-1693	113	54	will	will	AUX
cblr-1693	113	55	conduct	conduct	VERB
cblr-1693	113	56	commissioninitiated	commissioninitiated	ADJ
cblr-1693	113	57	review	review	NOUN
cblr-1693	113	58	in	in	ADP
cblr-1693	113	59	the	the	DET
cblr-1693	113	60	future	future	NOUN
cblr-1693	113	61	,	,	PUNCT
cblr-1693	113	62	there	there	PRON
cblr-1693	113	63	is	be	VERB
cblr-1693	113	64	little	little	ADJ
cblr-1693	113	65	regulatory	regulatory	ADJ
cblr-1693	113	66	impetus	impetus	NOUN
cblr-1693	113	67	for	for	SCONJ
cblr-1693	113	68	firms	firm	NOUN
cblr-1693	113	69	to	to	PART
cblr-1693	113	70	begin	begin	VERB
cblr-1693	113	71	voluntary	voluntary	ADJ
cblr-1693	113	72	clearing	clearing	NOUN
cblr-1693	113	73	.	.	PUNCT
cblr-1693	114	1	accordingly	accordingly	ADV
cblr-1693	114	2	,	,	PUNCT
cblr-1693	114	3	not	not	PART
cblr-1693	114	4	only	only	ADV
cblr-1693	114	5	are	be	AUX
cblr-1693	114	6	most	most	ADJ
cblr-1693	114	7	products	product	NOUN
cblr-1693	114	8	under	under	ADP
cblr-1693	114	9	the	the	DET
cblr-1693	114	10	sec	sec	PROPN
cblr-1693	114	11	’s	’s	PART
cblr-1693	114	12	jurisdiction	jurisdiction	NOUN
cblr-1693	114	13	currently	currently	ADV
cblr-1693	114	14	unreviewable	unreviewable	ADJ
cblr-1693	114	15	under	under	ADP
cblr-1693	114	16	the	the	DET
cblr-1693	114	17	expected	expect	VERB
cblr-1693	114	18	submission	submission	NOUN
cblr-1693	114	19	-	-	PUNCT
cblr-1693	114	20	only	only	ADJ
cblr-1693	114	21	process	process	NOUN
cblr-1693	114	22	,	,	PUNCT
cblr-1693	114	23	they	they	PRON
cblr-1693	114	24	will	will	AUX
cblr-1693	114	25	likely	likely	ADV
cblr-1693	114	26	remain	remain	VERB
cblr-1693	114	27	outside	outside	ADP
cblr-1693	114	28	the	the	DET
cblr-1693	114	29	scope	scope	NOUN
cblr-1693	114	30	of	of	ADP
cblr-1693	114	31	the	the	DET
cblr-1693	114	32	sec	sec	PROPN
cblr-1693	114	33	’s	’s	PART
cblr-1693	114	34	oversight	oversight	NOUN
cblr-1693	114	35	.	.	PUNCT
cblr-1693	115	1	because	because	SCONJ
cblr-1693	115	2	the	the	DET
cblr-1693	115	3	sec	sec	PROPN
cblr-1693	115	4	’s	’s	PART
cblr-1693	115	5	approach	approach	NOUN
cblr-1693	115	6	fails	fail	VERB
cblr-1693	115	7	to	to	PART
cblr-1693	115	8	fulfill	fulfill	VERB
cblr-1693	115	9	title	title	NOUN
cblr-1693	115	10	vii	vii	PROPN
cblr-1693	115	11	’s	’s	PART
cblr-1693	115	12	intentions	intention	NOUN
cblr-1693	115	13	and	and	CCONJ
cblr-1693	115	14	directives	directive	NOUN
cblr-1693	115	15	,	,	PUNCT
cblr-1693	115	16	the	the	DET
cblr-1693	115	17	agency	agency	NOUN
cblr-1693	115	18	is	be	AUX
cblr-1693	115	19	violating	violate	VERB
cblr-1693	115	20	doddfrank	doddfrank	NOUN
cblr-1693	115	21	’s	’s	PART
cblr-1693	115	22	statutory	statutory	ADJ
cblr-1693	115	23	mandate	mandate	NOUN
cblr-1693	115	24	.	.	PUNCT
cblr-1693	116	1	although	although	SCONJ
cblr-1693	116	2	compelling	compelling	ADJ
cblr-1693	116	3	agency	agency	NOUN
cblr-1693	116	4	action	action	NOUN
cblr-1693	116	5	through	through	ADP
cblr-1693	116	6	litigation	litigation	NOUN
cblr-1693	116	7	can	can	AUX
cblr-1693	116	8	be	be	AUX
cblr-1693	116	9	difficult	difficult	ADJ
cblr-1693	116	10	,	,	PUNCT
cblr-1693	116	11	the	the	DET
cblr-1693	116	12	supreme	supreme	PROPN
cblr-1693	116	13	court	court	PROPN
cblr-1693	116	14	set	set	VERB
cblr-1693	116	15	forth	forth	ADP
cblr-1693	116	16	a	a	DET
cblr-1693	116	17	blueprint	blueprint	NOUN
cblr-1693	116	18	for	for	ADP
cblr-1693	116	19	doing	do	VERB
cblr-1693	116	20	so	so	ADV
cblr-1693	116	21	in	in	ADP
cblr-1693	116	22	massachusetts	massachusetts	PROPN
cblr-1693	116	23	v.	v.	ADP
cblr-1693	116	24	environmental	environmental	PROPN
cblr-1693	116	25	protection	protection	PROPN
cblr-1693	116	26	agency.23	agency.23	PROPN
cblr-1693	116	27	this	this	DET
cblr-1693	116	28	case	case	NOUN
cblr-1693	116	29	’s	’s	PART
cblr-1693	116	30	playbook	playbook	NOUN
cblr-1693	116	31	for	for	ADP
cblr-1693	116	32	challenging	challenge	VERB
cblr-1693	116	33	an	an	DET
cblr-1693	116	34	agency	agency	NOUN
cblr-1693	116	35	’s	’s	PART
cblr-1693	116	36	failure	failure	NOUN
cblr-1693	116	37	to	to	PART
cblr-1693	116	38	regulate	regulate	VERB
cblr-1693	116	39	despite	despite	SCONJ
cblr-1693	116	40	a	a	DET
cblr-1693	116	41	statutory	statutory	ADJ
cblr-1693	116	42	obligation	obligation	NOUN
cblr-1693	116	43	to	to	PART
cblr-1693	116	44	do	do	AUX
cblr-1693	116	45	so	so	ADV
cblr-1693	116	46	may	may	AUX
cblr-1693	116	47	provide	provide	VERB
cblr-1693	116	48	one	one	NUM
cblr-1693	116	49	solution	solution	NOUN
cblr-1693	116	50	to	to	ADP
cblr-1693	116	51	the	the	DET
cblr-1693	116	52	sec	sec	PROPN
cblr-1693	116	53	’s	’s	PART
cblr-1693	116	54	inaction	inaction	NOUN
cblr-1693	116	55	,	,	PUNCT
cblr-1693	116	56	especially	especially	ADV
cblr-1693	116	57	in	in	ADP
cblr-1693	116	58	light	light	NOUN
cblr-1693	116	59	of	of	ADP
cblr-1693	116	60	the	the	DET
cblr-1693	116	61	agency	agency	NOUN
cblr-1693	116	62	’s	’s	PART
cblr-1693	116	63	lack	lack	NOUN
cblr-1693	116	64	of	of	ADP
cblr-1693	116	65	explanation	explanation	NOUN
cblr-1693	116	66	for	for	ADP
cblr-1693	116	67	its	its	PRON
cblr-1693	116	68	refusal	refusal	NOUN
cblr-1693	116	69	to	to	PART
cblr-1693	116	70	regulate	regulate	VERB
cblr-1693	116	71	.	.	PUNCT
cblr-1693	117	1	however	however	ADV
cblr-1693	117	2	,	,	PUNCT
cblr-1693	117	3	parties	party	NOUN
cblr-1693	117	4	seeking	seek	VERB
cblr-1693	117	5	to	to	PART
cblr-1693	117	6	vindicate	vindicate	VERB
cblr-1693	117	7	a	a	DET
cblr-1693	117	8	general	general	ADJ
cblr-1693	117	9	injury	injury	NOUN
cblr-1693	117	10	to	to	ADP
cblr-1693	117	11	the	the	DET
cblr-1693	117	12	economy	economy	NOUN
cblr-1693	117	13	may	may	AUX
cblr-1693	117	14	not	not	PART
cblr-1693	117	15	have	have	AUX
cblr-1693	117	16	standing	stand	VERB
cblr-1693	117	17	to	to	PART
cblr-1693	117	18	sue	sue	VERB
cblr-1693	117	19	the	the	DET
cblr-1693	117	20	sec	sec	PROPN
cblr-1693	117	21	.	.	PUNCT
cblr-1693	118	1	instead	instead	ADV
cblr-1693	118	2	,	,	PUNCT
cblr-1693	118	3	the	the	DET
cblr-1693	118	4	ability	ability	NOUN
cblr-1693	118	5	to	to	PART
cblr-1693	118	6	litigate	litigate	VERB
cblr-1693	118	7	may	may	AUX
cblr-1693	118	8	be	be	AUX
cblr-1693	118	9	limited	limit	VERB
cblr-1693	118	10	to	to	ADP
cblr-1693	118	11	the	the	DET
cblr-1693	118	12	potentially	potentially	ADV
cblr-1693	118	13	regulated	regulated	ADJ
cblr-1693	118	14	parties	party	NOUN
cblr-1693	118	15	,	,	PUNCT
cblr-1693	118	16	who	who	PRON
cblr-1693	118	17	may	may	AUX
cblr-1693	118	18	have	have	VERB
cblr-1693	118	19	limited	limit	VERB
cblr-1693	118	20	incentives	incentive	NOUN
cblr-1693	118	21	to	to	PART
cblr-1693	118	22	prompt	prompt	VERB
cblr-1693	118	23	such	such	ADJ
cblr-1693	118	24	regulation	regulation	NOUN
cblr-1693	118	25	.	.	PUNCT
cblr-1693	119	1	finding	find	VERB
cblr-1693	119	2	a	a	DET
cblr-1693	119	3	party	party	NOUN
cblr-1693	119	4	both	both	CCONJ
cblr-1693	119	5	able	able	ADJ
cblr-1693	119	6	and	and	CCONJ
cblr-1693	119	7	willing	willing	ADJ
cblr-1693	119	8	to	to	PART
cblr-1693	119	9	bring	bring	VERB
cblr-1693	119	10	a	a	DET
cblr-1693	119	11	suit	suit	NOUN
cblr-1693	119	12	may	may	AUX
cblr-1693	119	13	,	,	PUNCT
cblr-1693	119	14	therefore	therefore	ADV
cblr-1693	119	15	,	,	PUNCT
cblr-1693	119	16	be	be	AUX
cblr-1693	119	17	difficult	difficult	ADJ
cblr-1693	119	18	.	.	PUNCT
cblr-1693	120	1	alternately	alternately	ADV
cblr-1693	120	2	,	,	PUNCT
cblr-1693	120	3	reformers	reformer	NOUN
cblr-1693	120	4	could	could	AUX
cblr-1693	120	5	pursue	pursue	VERB
cblr-1693	120	6	political	political	ADJ
cblr-1693	120	7	routes	route	NOUN
cblr-1693	120	8	,	,	PUNCT
cblr-1693	120	9	such	such	ADJ
cblr-1693	120	10	as	as	ADP
cblr-1693	120	11	encouraging	encourage	VERB
cblr-1693	120	12	closer	close	ADJ
cblr-1693	120	13	congressional	congressional	ADJ
cblr-1693	120	14	oversight	oversight	NOUN
cblr-1693	120	15	of	of	ADP
cblr-1693	120	16	doddfrank	doddfrank	PROPN
cblr-1693	120	17	’s	’s	PART
cblr-1693	120	18	implementation	implementation	NOUN
cblr-1693	120	19	to	to	PART
cblr-1693	120	20	put	put	VERB
cblr-1693	120	21	pressure	pressure	NOUN
cblr-1693	120	22	on	on	ADP
cblr-1693	120	23	the	the	DET
cblr-1693	120	24	sec	sec	PROPN
cblr-1693	120	25	.	.	PUNCT
cblr-1693	121	1	in	in	ADP
cblr-1693	121	2	part	part	PROPN
cblr-1693	121	3	ii	ii	PROPN
cblr-1693	121	4	,	,	PUNCT
cblr-1693	121	5	this	this	DET
cblr-1693	121	6	note	note	NOUN
cblr-1693	121	7	describes	describe	VERB
cblr-1693	121	8	dodd	dodd	PROPN
cblr-1693	121	9	-	-	PUNCT
cblr-1693	121	10	frank	frank	PROPN
cblr-1693	121	11	’s	’s	PART
cblr-1693	121	12	regulatory	regulatory	ADJ
cblr-1693	121	13	structure	structure	NOUN
cblr-1693	121	14	and	and	CCONJ
cblr-1693	121	15	the	the	DET
cblr-1693	121	16	disparate	disparate	ADJ
cblr-1693	121	17	approaches	approach	NOUN
cblr-1693	121	18	to	to	ADP
cblr-1693	121	19	implementation	implementation	NOUN
cblr-1693	121	20	taken	take	VERB
cblr-1693	121	21	by	by	ADP
cblr-1693	121	22	the	the	DET
cblr-1693	121	23	cftc	cftc	PROPN
cblr-1693	121	24	and	and	CCONJ
cblr-1693	121	25	the	the	DET
cblr-1693	121	26	sec	sec	PROPN
cblr-1693	121	27	(	(	PUNCT
cblr-1693	121	28	together	together	ADV
cblr-1693	121	29	,	,	PUNCT
cblr-1693	121	30	the	the	DET
cblr-1693	121	31	“	"	PUNCT
cblr-1693	121	32	financial	financial	ADJ
cblr-1693	121	33	commission	commission	NOUN
cblr-1693	121	34	,	,	PUNCT
cblr-1693	121	35	on	on	ADP
cblr-1693	121	36	an	an	DET
cblr-1693	121	37	ongoing	ongoing	ADJ
cblr-1693	121	38	basis	basis	NOUN
cblr-1693	121	39	,	,	PUNCT
cblr-1693	121	40	to	to	PART
cblr-1693	121	41	review	review	VERB
cblr-1693	121	42	swaps	swap	NOUN
cblr-1693	121	43	that	that	PRON
cblr-1693	121	44	have	have	AUX
cblr-1693	121	45	not	not	PART
cblr-1693	121	46	been	be	AUX
cblr-1693	121	47	accepted	accept	VERB
cblr-1693	121	48	for	for	ADP
cblr-1693	121	49	clearing	clearing	NOUN
cblr-1693	121	50	by	by	ADP
cblr-1693	121	51	a	a	DET
cblr-1693	121	52	[	[	X
cblr-1693	121	53	derivatives	derivative	NOUN
cblr-1693	121	54	clearing	clearing	NOUN
cblr-1693	121	55	organization	organization	NOUN
cblr-1693	121	56	]	]	PUNCT
cblr-1693	121	57	to	to	PART
cblr-1693	121	58	make	make	VERB
cblr-1693	121	59	a	a	DET
cblr-1693	121	60	determination	determination	NOUN
cblr-1693	121	61	as	as	ADP
cblr-1693	121	62	to	to	ADP
cblr-1693	121	63	whether	whether	SCONJ
cblr-1693	121	64	the	the	DET
cblr-1693	121	65	swaps	swap	NOUN
cblr-1693	121	66	should	should	AUX
cblr-1693	121	67	be	be	AUX
cblr-1693	121	68	required	require	VERB
cblr-1693	121	69	to	to	PART
cblr-1693	121	70	be	be	AUX
cblr-1693	121	71	cleared	clear	VERB
cblr-1693	121	72	.	.	PUNCT
cblr-1693	121	73	”	"	PUNCT
cblr-1693	121	74	)	)	PUNCT
cblr-1693	121	75	.	.	PUNCT
cblr-1693	122	1	22	22	NUM
cblr-1693	122	2	see	see	VERB
cblr-1693	122	3	infra	infra	NOUN
cblr-1693	122	4	section	section	NOUN
cblr-1693	122	5	iii.b.3	iii.b.3	NOUN
cblr-1693	122	6	(	(	PUNCT
cblr-1693	122	7	discussing	discuss	VERB
cblr-1693	122	8	the	the	DET
cblr-1693	122	9	role	role	NOUN
cblr-1693	122	10	of	of	ADP
cblr-1693	122	11	regulatory	regulatory	ADJ
cblr-1693	122	12	incentives	incentive	NOUN
cblr-1693	122	13	in	in	ADP
cblr-1693	122	14	prompting	prompt	VERB
cblr-1693	122	15	voluntary	voluntary	ADJ
cblr-1693	122	16	clearing	clearing	NOUN
cblr-1693	122	17	)	)	PUNCT
cblr-1693	122	18	.	.	PUNCT
cblr-1693	123	1	23	23	NUM
cblr-1693	123	2	see	see	VERB
cblr-1693	123	3	generally	generally	ADV
cblr-1693	123	4	massachusetts	massachusetts	PROPN
cblr-1693	123	5	v.	v.	PROPN
cblr-1693	123	6	envtl	envtl	PROPN
cblr-1693	123	7	.	.	PUNCT
cblr-1693	124	1	prot	prot	NOUN
cblr-1693	124	2	.	.	PUNCT
cblr-1693	125	1	agency	agency	NOUN
cblr-1693	125	2	,	,	PUNCT
cblr-1693	125	3	549	549	NUM
cblr-1693	125	4	u.s	u.s	PROPN
cblr-1693	125	5	.	.	PROPN
cblr-1693	125	6	497	497	NUM
cblr-1693	125	7	(	(	PUNCT
cblr-1693	125	8	2007	2007	NUM
cblr-1693	125	9	)	)	PUNCT
cblr-1693	125	10	.	.	PUNCT
cblr-1693	126	1	260	260	NUM
cblr-1693	126	2	columbia	columbia	PROPN
cblr-1693	126	3	business	business	NOUN
cblr-1693	126	4	law	law	PROPN
cblr-1693	126	5	review	review	NOUN
cblr-1693	127	1	[	[	X
cblr-1693	127	2	vol	vol	NOUN
cblr-1693	127	3	.	.	NOUN
cblr-1693	127	4	2019	2019	NUM
cblr-1693	127	5	regulators	regulator	NOUN
cblr-1693	127	6	”	"	PUNCT
cblr-1693	127	7	)	)	PUNCT
cblr-1693	127	8	.	.	PUNCT
cblr-1693	128	1	part	part	NOUN
cblr-1693	128	2	iii	iii	PROPN
cblr-1693	128	3	examines	examine	VERB
cblr-1693	128	4	the	the	DET
cblr-1693	128	5	impact	impact	NOUN
cblr-1693	128	6	of	of	ADP
cblr-1693	128	7	the	the	DET
cblr-1693	128	8	sec	sec	PROPN
cblr-1693	128	9	’s	’s	PART
cblr-1693	128	10	approach	approach	NOUN
cblr-1693	128	11	on	on	ADP
cblr-1693	128	12	the	the	DET
cblr-1693	128	13	efficacy	efficacy	NOUN
cblr-1693	128	14	of	of	ADP
cblr-1693	128	15	dodd	dodd	PROPN
cblr-1693	128	16	-	-	PUNCT
cblr-1693	128	17	frank	frank	PROPN
cblr-1693	128	18	’s	’s	PART
cblr-1693	128	19	goal	goal	NOUN
cblr-1693	128	20	of	of	ADP
cblr-1693	128	21	mandatory	mandatory	ADJ
cblr-1693	128	22	central	central	ADJ
cblr-1693	128	23	clearing	clearing	NOUN
cblr-1693	128	24	.	.	PUNCT
cblr-1693	129	1	finally	finally	ADV
cblr-1693	129	2	,	,	PUNCT
cblr-1693	129	3	part	part	NOUN
cblr-1693	129	4	iv	iv	NUM
cblr-1693	129	5	argues	argue	VERB
cblr-1693	129	6	that	that	SCONJ
cblr-1693	129	7	the	the	DET
cblr-1693	129	8	flaws	flaw	NOUN
cblr-1693	129	9	in	in	ADP
cblr-1693	129	10	the	the	DET
cblr-1693	129	11	sec	sec	PROPN
cblr-1693	129	12	’s	’s	PART
cblr-1693	129	13	implementation	implementation	NOUN
cblr-1693	129	14	of	of	ADP
cblr-1693	129	15	mandatory	mandatory	ADJ
cblr-1693	129	16	central	central	ADJ
cblr-1693	129	17	clearing	clearing	NOUN
cblr-1693	129	18	should	should	AUX
cblr-1693	129	19	be	be	AUX
cblr-1693	129	20	addressed	address	VERB
cblr-1693	129	21	through	through	ADP
cblr-1693	129	22	litigation	litigation	NOUN
cblr-1693	129	23	or	or	CCONJ
cblr-1693	129	24	increased	increase	VERB
cblr-1693	129	25	political	political	ADJ
cblr-1693	129	26	oversight	oversight	NOUN
cblr-1693	129	27	.	.	PUNCT
cblr-1693	130	1	ii	ii	PROPN
cblr-1693	130	2	.	.	PUNCT
cblr-1693	131	1	congress	congress	PROPN
cblr-1693	131	2	’	'	PUNCT
cblr-1693	131	3	response	response	NOUN
cblr-1693	131	4	to	to	ADP
cblr-1693	131	5	otc	otc	PROPN
cblr-1693	131	6	derivatives	derivative	NOUN
cblr-1693	131	7	’	'	PUNCT
cblr-1693	131	8	role	role	NOUN
cblr-1693	131	9	in	in	ADP
cblr-1693	131	10	the	the	DET
cblr-1693	131	11	financial	financial	ADJ
cblr-1693	131	12	crisis	crisis	NOUN
cblr-1693	131	13	:	:	PUNCT
cblr-1693	131	14	dodd	dodd	PROPN
cblr-1693	131	15	-	-	PUNCT
cblr-1693	131	16	frank	frank	PROPN
cblr-1693	131	17	’s	’s	PART
cblr-1693	131	18	central	central	ADJ
cblr-1693	131	19	clearing	clearing	NOUN
cblr-1693	131	20	mandate	mandate	NOUN
cblr-1693	131	21	in	in	ADP
cblr-1693	131	22	2010	2010	NUM
cblr-1693	131	23	,	,	PUNCT
cblr-1693	131	24	dodd	dodd	PROPN
cblr-1693	131	25	-	-	PUNCT
cblr-1693	131	26	frank	frank	PROPN
cblr-1693	131	27	effected	effect	VERB
cblr-1693	131	28	sweeping	sweeping	ADJ
cblr-1693	131	29	reforms	reform	NOUN
cblr-1693	131	30	of	of	ADP
cblr-1693	131	31	the	the	DET
cblr-1693	131	32	financial	financial	ADJ
cblr-1693	131	33	industry	industry	NOUN
cblr-1693	131	34	to	to	PART
cblr-1693	131	35	protect	protect	VERB
cblr-1693	131	36	the	the	DET
cblr-1693	131	37	united	united	PROPN
cblr-1693	131	38	states	states	PROPN
cblr-1693	131	39	and	and	CCONJ
cblr-1693	131	40	global	global	ADJ
cblr-1693	131	41	markets	market	NOUN
cblr-1693	131	42	from	from	ADP
cblr-1693	131	43	a	a	DET
cblr-1693	131	44	repeat	repeat	NOUN
cblr-1693	131	45	of	of	ADP
cblr-1693	131	46	the	the	DET
cblr-1693	131	47	2008	2008	NUM
cblr-1693	131	48	financial	financial	ADJ
cblr-1693	131	49	crisis.24	crisis.24	NOUN
cblr-1693	131	50	in	in	ADP
cblr-1693	131	51	response	response	NOUN
cblr-1693	131	52	to	to	ADP
cblr-1693	131	53	the	the	DET
cblr-1693	131	54	destabilizing	destabilizing	ADJ
cblr-1693	131	55	impact	impact	NOUN
cblr-1693	131	56	of	of	ADP
cblr-1693	131	57	institutional	institutional	ADJ
cblr-1693	131	58	failures	failure	NOUN
cblr-1693	131	59	leading	lead	VERB
cblr-1693	131	60	up	up	ADP
cblr-1693	131	61	to	to	ADP
cblr-1693	131	62	and	and	CCONJ
cblr-1693	131	63	during	during	ADP
cblr-1693	131	64	the	the	DET
cblr-1693	131	65	crisis	crisis	NOUN
cblr-1693	131	66	,	,	PUNCT
cblr-1693	131	67	dodd	dodd	PROPN
cblr-1693	131	68	-	-	PUNCT
cblr-1693	131	69	frank	frank	PROPN
cblr-1693	131	70	intended	intend	VERB
cblr-1693	131	71	“	"	PUNCT
cblr-1693	131	72	to	to	PART
cblr-1693	131	73	promote	promote	VERB
cblr-1693	131	74	the	the	DET
cblr-1693	131	75	financial	financial	ADJ
cblr-1693	131	76	stability	stability	NOUN
cblr-1693	131	77	of	of	ADP
cblr-1693	131	78	the	the	DET
cblr-1693	131	79	united	united	PROPN
cblr-1693	131	80	states	states	PROPN
cblr-1693	131	81	by	by	ADP
cblr-1693	131	82	improving	improve	VERB
cblr-1693	131	83	accountability	accountability	NOUN
cblr-1693	131	84	and	and	CCONJ
cblr-1693	131	85	transparency	transparency	NOUN
cblr-1693	131	86	in	in	ADP
cblr-1693	131	87	the	the	DET
cblr-1693	131	88	financial	financial	ADJ
cblr-1693	131	89	system[.]”25	system[.]”25	NOUN
cblr-1693	131	90	in	in	ADP
cblr-1693	131	91	order	order	NOUN
cblr-1693	131	92	to	to	PART
cblr-1693	131	93	achieve	achieve	VERB
cblr-1693	131	94	these	these	DET
cblr-1693	131	95	goals	goal	NOUN
cblr-1693	131	96	and	and	CCONJ
cblr-1693	131	97	address	address	VERB
cblr-1693	131	98	the	the	DET
cblr-1693	131	99	variety	variety	NOUN
cblr-1693	131	100	of	of	ADP
cblr-1693	131	101	problems	problem	NOUN
cblr-1693	131	102	exposed	expose	VERB
cblr-1693	131	103	by	by	ADP
cblr-1693	131	104	the	the	DET
cblr-1693	131	105	2008	2008	NUM
cblr-1693	131	106	collapse	collapse	NOUN
cblr-1693	131	107	,	,	PUNCT
cblr-1693	131	108	doddfrank	doddfrank	PROPN
cblr-1693	131	109	’s	’s	PART
cblr-1693	131	110	drafters	drafter	NOUN
cblr-1693	131	111	enlisted	enlist	VERB
cblr-1693	131	112	the	the	DET
cblr-1693	131	113	help	help	NOUN
cblr-1693	131	114	of	of	ADP
cblr-1693	131	115	experts	expert	NOUN
cblr-1693	131	116	at	at	ADP
cblr-1693	131	117	a	a	DET
cblr-1693	131	118	number	number	NOUN
cblr-1693	131	119	of	of	ADP
cblr-1693	131	120	financial	financial	ADJ
cblr-1693	131	121	agencies	agency	NOUN
cblr-1693	131	122	by	by	ADP
cblr-1693	131	123	delegating	delegate	VERB
cblr-1693	131	124	a	a	DET
cblr-1693	131	125	diverse	diverse	ADJ
cblr-1693	131	126	set	set	NOUN
cblr-1693	131	127	of	of	ADP
cblr-1693	131	128	regulatory	regulatory	ADJ
cblr-1693	131	129	mandates.26	mandates.26	ADJ
cblr-1693	131	130	a.	a.	NOUN
cblr-1693	131	131	otc	otc	PROPN
cblr-1693	131	132	derivatives	derivative	NOUN
cblr-1693	131	133	:	:	PUNCT
cblr-1693	131	134	what	what	PRON
cblr-1693	131	135	is	be	AUX
cblr-1693	131	136	a	a	DET
cblr-1693	131	137	swap	swap	NOUN
cblr-1693	131	138	?	?	PUNCT
cblr-1693	132	1	to	to	PART
cblr-1693	132	2	fully	fully	ADV
cblr-1693	132	3	understand	understand	VERB
cblr-1693	132	4	dodd	dodd	PROPN
cblr-1693	132	5	frank	frank	PROPN
cblr-1693	132	6	’s	’s	PART
cblr-1693	132	7	delegation	delegation	NOUN
cblr-1693	132	8	strategy	strategy	NOUN
cblr-1693	132	9	and	and	CCONJ
cblr-1693	132	10	mandate	mandate	NOUN
cblr-1693	132	11	in	in	ADP
cblr-1693	132	12	the	the	DET
cblr-1693	132	13	derivatives	derivative	NOUN
cblr-1693	132	14	context	context	NOUN
cblr-1693	132	15	,	,	PUNCT
cblr-1693	132	16	a	a	DET
cblr-1693	132	17	basic	basic	ADJ
cblr-1693	132	18	understanding	understanding	NOUN
cblr-1693	132	19	of	of	ADP
cblr-1693	132	20	swaps	swap	NOUN
cblr-1693	132	21	and	and	CCONJ
cblr-1693	132	22	their	their	PRON
cblr-1693	132	23	role	role	NOUN
cblr-1693	132	24	in	in	ADP
cblr-1693	132	25	the	the	DET
cblr-1693	132	26	financial	financial	ADJ
cblr-1693	132	27	crisis	crisis	NOUN
cblr-1693	132	28	is	be	AUX
cblr-1693	132	29	necessary	necessary	ADJ
cblr-1693	132	30	.	.	PUNCT
cblr-1693	133	1	following	follow	VERB
cblr-1693	133	2	the	the	DET
cblr-1693	133	3	crisis	crisis	NOUN
cblr-1693	133	4	,	,	PUNCT
cblr-1693	133	5	one	one	NUM
cblr-1693	133	6	of	of	ADP
cblr-1693	133	7	congress	congress	PROPN
cblr-1693	133	8	’	'	PUNCT
cblr-1693	133	9	driving	drive	VERB
cblr-1693	133	10	concerns	concern	NOUN
cblr-1693	133	11	was	be	AUX
cblr-1693	133	12	the	the	DET
cblr-1693	133	13	systemic	systemic	ADJ
cblr-1693	133	14	risk	risk	NOUN
cblr-1693	133	15	presented	present	VERB
cblr-1693	133	16	by	by	ADP
cblr-1693	133	17	the	the	DET
cblr-1693	133	18	otc	otc	PROPN
cblr-1693	133	19	derivatives	derivative	NOUN
cblr-1693	133	20	market.27	market.27	PROPN
cblr-1693	133	21	24	24	NUM
cblr-1693	133	22	see	see	VERB
cblr-1693	133	23	generally	generally	ADV
cblr-1693	133	24	dodd	dodd	PROPN
cblr-1693	133	25	-	-	PUNCT
cblr-1693	133	26	frank	frank	PROPN
cblr-1693	133	27	wall	wall	PROPN
cblr-1693	133	28	street	street	PROPN
cblr-1693	133	29	reform	reform	PROPN
cblr-1693	133	30	and	and	CCONJ
cblr-1693	133	31	consumer	consumer	NOUN
cblr-1693	133	32	protection	protection	PROPN
cblr-1693	133	33	act	act	PROPN
cblr-1693	133	34	,	,	PUNCT
cblr-1693	133	35	pub	pub	NOUN
cblr-1693	133	36	.	.	PUNCT
cblr-1693	134	1	l.	l.	PROPN
cblr-1693	134	2	no	no	INTJ
cblr-1693	134	3	.	.	PUNCT
cblr-1693	135	1	111–203	111–203	NUM
cblr-1693	135	2	,	,	PUNCT
cblr-1693	135	3	124	124	NUM
cblr-1693	135	4	stat	stat	NOUN
cblr-1693	135	5	.	.	PUNCT
cblr-1693	136	1	1376	1376	NUM
cblr-1693	136	2	(	(	PUNCT
cblr-1693	136	3	2010	2010	NUM
cblr-1693	136	4	)	)	PUNCT
cblr-1693	136	5	.	.	PUNCT
cblr-1693	137	1	25	25	NUM
cblr-1693	138	1	i	i	PRON
cblr-1693	138	2	d.	d.	NOUN
cblr-1693	138	3	at	at	ADP
cblr-1693	138	4	1376	1376	NUM
cblr-1693	138	5	.	.	PUNCT
cblr-1693	139	1	26	26	NUM
cblr-1693	139	2	see	see	VERB
cblr-1693	139	3	wall	wall	PROPN
cblr-1693	139	4	street	street	PROPN
cblr-1693	139	5	transparency	transparency	NOUN
cblr-1693	139	6	and	and	CCONJ
cblr-1693	139	7	accountability	accountability	NOUN
cblr-1693	139	8	act	act	NOUN
cblr-1693	139	9	of	of	ADP
cblr-1693	139	10	2010	2010	NUM
cblr-1693	139	11	,	,	PUNCT
cblr-1693	139	12	pub	pub	NOUN
cblr-1693	139	13	.	.	PUNCT
cblr-1693	140	1	l.	l.	PROPN
cblr-1693	140	2	no	no	INTJ
cblr-1693	140	3	.	.	PUNCT
cblr-1693	141	1	111–203	111–203	NUM
cblr-1693	141	2	§	§	PROPN
cblr-1693	141	3	712(a)(1)–(2	712(a)(1)–(2	PROPN
cblr-1693	141	4	)	)	PUNCT
cblr-1693	141	5	,	,	PUNCT
cblr-1693	141	6	124	124	NUM
cblr-1693	141	7	stat	stat	NOUN
cblr-1693	141	8	.	.	PUNCT
cblr-1693	142	1	1376	1376	NUM
cblr-1693	142	2	,	,	PUNCT
cblr-1693	142	3	1641–42	1641–42	NUM
cblr-1693	142	4	(	(	PUNCT
cblr-1693	142	5	2010	2010	NUM
cblr-1693	142	6	)	)	PUNCT
cblr-1693	142	7	(	(	PUNCT
cblr-1693	142	8	requiring	require	VERB
cblr-1693	142	9	the	the	DET
cblr-1693	142	10	cftc	cftc	PROPN
cblr-1693	142	11	and	and	CCONJ
cblr-1693	142	12	sec	sec	PROPN
cblr-1693	142	13	consult	consult	NOUN
cblr-1693	142	14	and	and	CCONJ
cblr-1693	142	15	coordinate	coordinate	VERB
cblr-1693	142	16	with	with	ADP
cblr-1693	142	17	one	one	NUM
cblr-1693	142	18	another	another	DET
cblr-1693	142	19	“	"	PUNCT
cblr-1693	142	20	before	before	ADP
cblr-1693	142	21	commencing	commence	VERB
cblr-1693	142	22	any	any	DET
cblr-1693	142	23	rulemaking	rulemaking	NOUN
cblr-1693	142	24	or	or	CCONJ
cblr-1693	142	25	issuing	issue	VERB
cblr-1693	142	26	an	an	DET
cblr-1693	142	27	order	order	NOUN
cblr-1693	142	28	”	"	PUNCT
cblr-1693	142	29	relating	relate	VERB
cblr-1693	142	30	to	to	AUX
cblr-1693	142	31	title	title	VERB
cblr-1693	142	32	vii	vii	PROPN
cblr-1693	142	33	)	)	PUNCT
cblr-1693	142	34	.	.	PUNCT
cblr-1693	143	1	27	27	NUM
cblr-1693	143	2	see	see	VERB
cblr-1693	143	3	clearing	clearing	NOUN
cblr-1693	143	4	requirement	requirement	NOUN
cblr-1693	143	5	determination	determination	NOUN
cblr-1693	143	6	under	under	ADP
cblr-1693	143	7	section	section	NOUN
cblr-1693	143	8	2(h	2(h	NUM
cblr-1693	143	9	)	)	PUNCT
cblr-1693	143	10	of	of	ADP
cblr-1693	143	11	the	the	DET
cblr-1693	143	12	cea	cea	PROPN
cblr-1693	143	13	,	,	PUNCT
cblr-1693	143	14	77	77	NUM
cblr-1693	143	15	fed	fed	PROPN
cblr-1693	143	16	.	.	PUNCT
cblr-1693	144	1	reg	reg	PROPN
cblr-1693	144	2	.	.	PUNCT
cblr-1693	145	1	74,284	74,284	NUM
cblr-1693	145	2	,	,	PUNCT
cblr-1693	145	3	74,284–85	74,284–85	NUM
cblr-1693	145	4	(	(	PUNCT
cblr-1693	145	5	dec	dec	PROPN
cblr-1693	145	6	.	.	PROPN
cblr-1693	145	7	13	13	NUM
cblr-1693	145	8	,	,	PUNCT
cblr-1693	145	9	2012	2012	NUM
cblr-1693	145	10	)	)	PUNCT
cblr-1693	145	11	(	(	PUNCT
cblr-1693	145	12	to	to	PART
cblr-1693	145	13	be	be	AUX
cblr-1693	145	14	codified	codify	VERB
cblr-1693	145	15	at	at	ADP
cblr-1693	145	16	17	17	NUM
cblr-1693	145	17	no	no	NOUN
cblr-1693	145	18	.	.	PUNCT
cblr-1693	146	1	1:252	1:252	NUM
cblr-1693	146	2	]	]	X
cblr-1693	146	3	to	to	PART
cblr-1693	146	4	clear	clear	ADJ
cblr-1693	146	5	or	or	CCONJ
cblr-1693	146	6	not	not	PART
cblr-1693	146	7	to	to	PART
cblr-1693	146	8	clear	clear	VERB
cblr-1693	146	9	261	261	NUM
cblr-1693	146	10	this	this	DET
cblr-1693	146	11	market	market	NOUN
cblr-1693	146	12	includes	include	VERB
cblr-1693	146	13	a	a	DET
cblr-1693	146	14	variety	variety	NOUN
cblr-1693	146	15	of	of	ADP
cblr-1693	146	16	financial	financial	ADJ
cblr-1693	146	17	products	product	NOUN
cblr-1693	146	18	,	,	PUNCT
cblr-1693	146	19	but	but	CCONJ
cblr-1693	146	20	for	for	ADP
cblr-1693	146	21	the	the	DET
cblr-1693	146	22	purposes	purpose	NOUN
cblr-1693	146	23	of	of	ADP
cblr-1693	146	24	this	this	DET
cblr-1693	146	25	note	note	NOUN
cblr-1693	146	26	,	,	PUNCT
cblr-1693	146	27	the	the	DET
cblr-1693	146	28	basic	basic	ADJ
cblr-1693	146	29	mechanics	mechanic	NOUN
cblr-1693	146	30	of	of	ADP
cblr-1693	146	31	a	a	DET
cblr-1693	146	32	swap	swap	NOUN
cblr-1693	146	33	can	can	AUX
cblr-1693	146	34	best	well	ADV
cblr-1693	146	35	be	be	AUX
cblr-1693	146	36	illustrated	illustrate	VERB
cblr-1693	146	37	through	through	ADP
cblr-1693	146	38	the	the	DET
cblr-1693	146	39	example	example	NOUN
cblr-1693	146	40	of	of	ADP
cblr-1693	146	41	a	a	DET
cblr-1693	146	42	credit	credit	NOUN
cblr-1693	146	43	default	default	NOUN
cblr-1693	146	44	swap	swap	NOUN
cblr-1693	146	45	(	(	PUNCT
cblr-1693	146	46	“	"	PUNCT
cblr-1693	146	47	cds”).28	cds”).28	NOUN
cblr-1693	146	48	a	a	DET
cblr-1693	146	49	cds	cd	NOUN
cblr-1693	146	50	allows	allow	VERB
cblr-1693	146	51	a	a	DET
cblr-1693	146	52	creditor	creditor	NOUN
cblr-1693	146	53	(	(	PUNCT
cblr-1693	146	54	the	the	DET
cblr-1693	146	55	cds	cd	NOUN
cblr-1693	146	56	buyer	buyer	NOUN
cblr-1693	146	57	)	)	PUNCT
cblr-1693	146	58	to	to	PART
cblr-1693	146	59	transfer	transfer	VERB
cblr-1693	146	60	the	the	DET
cblr-1693	146	61	credit	credit	NOUN
cblr-1693	146	62	risk	risk	NOUN
cblr-1693	146	63	of	of	ADP
cblr-1693	146	64	debt	debt	NOUN
cblr-1693	146	65	she	she	PRON
cblr-1693	146	66	holds	hold	VERB
cblr-1693	146	67	to	to	ADP
cblr-1693	146	68	another	another	DET
cblr-1693	146	69	party	party	NOUN
cblr-1693	146	70	(	(	PUNCT
cblr-1693	146	71	the	the	DET
cblr-1693	146	72	cds	cds	PROPN
cblr-1693	146	73	seller	seller	NOUN
cblr-1693	146	74	)	)	PUNCT
cblr-1693	146	75	in	in	ADP
cblr-1693	146	76	exchange	exchange	NOUN
cblr-1693	146	77	for	for	ADP
cblr-1693	146	78	a	a	DET
cblr-1693	146	79	premium.29	premium.29	NOUN
cblr-1693	146	80	if	if	SCONJ
cblr-1693	146	81	the	the	DET
cblr-1693	146	82	debtor	debtor	NOUN
cblr-1693	146	83	on	on	ADP
cblr-1693	146	84	the	the	DET
cblr-1693	146	85	original	original	ADJ
cblr-1693	146	86	loan	loan	NOUN
cblr-1693	146	87	defaults	default	NOUN
cblr-1693	146	88	,	,	PUNCT
cblr-1693	146	89	the	the	DET
cblr-1693	146	90	cds	cd	NOUN
cblr-1693	146	91	buyer	buyer	NOUN
cblr-1693	146	92	transfers	transfer	VERB
cblr-1693	146	93	the	the	DET
cblr-1693	146	94	debt	debt	NOUN
cblr-1693	146	95	securities	security	NOUN
cblr-1693	146	96	to	to	ADP
cblr-1693	146	97	the	the	DET
cblr-1693	146	98	cds	cd	NOUN
cblr-1693	146	99	seller	seller	NOUN
cblr-1693	146	100	,	,	PUNCT
cblr-1693	146	101	who	who	PRON
cblr-1693	146	102	pays	pay	VERB
cblr-1693	146	103	the	the	DET
cblr-1693	146	104	notional	notional	ADJ
cblr-1693	146	105	amount	amount	NOUN
cblr-1693	146	106	of	of	ADP
cblr-1693	146	107	the	the	DET
cblr-1693	146	108	debt	debt	NOUN
cblr-1693	146	109	in	in	ADP
cblr-1693	146	110	return.30	return.30	NOUN
cblr-1693	146	111	the	the	DET
cblr-1693	146	112	premium	premium	NOUN
cblr-1693	146	113	that	that	PRON
cblr-1693	146	114	the	the	DET
cblr-1693	146	115	cds	cds	PROPN
cblr-1693	146	116	buyer	buyer	NOUN
cblr-1693	146	117	pays	pay	VERB
cblr-1693	146	118	amounts	amount	NOUN
cblr-1693	146	119	to	to	ADP
cblr-1693	146	120	the	the	DET
cblr-1693	146	121	cds	cds	PROPN
cblr-1693	146	122	seller	seller	NOUN
cblr-1693	146	123	’s	’s	PART
cblr-1693	146	124	fee	fee	NOUN
cblr-1693	146	125	for	for	ADP
cblr-1693	146	126	taking	take	VERB
cblr-1693	146	127	on	on	ADP
cblr-1693	146	128	the	the	DET
cblr-1693	146	129	risk	risk	NOUN
cblr-1693	146	130	.	.	PUNCT
cblr-1693	147	1	in	in	ADP
cblr-1693	147	2	exchange	exchange	NOUN
cblr-1693	147	3	,	,	PUNCT
cblr-1693	147	4	the	the	DET
cblr-1693	147	5	cds	cd	NOUN
cblr-1693	147	6	buyer	buyer	NOUN
cblr-1693	147	7	avoids	avoid	VERB
cblr-1693	147	8	the	the	DET
cblr-1693	147	9	risk	risk	NOUN
cblr-1693	147	10	of	of	ADP
cblr-1693	147	11	significant	significant	ADJ
cblr-1693	147	12	losses	loss	NOUN
cblr-1693	147	13	on	on	ADP
cblr-1693	147	14	the	the	DET
cblr-1693	147	15	underlying	underlie	VERB
cblr-1693	147	16	debt	debt	NOUN
cblr-1693	147	17	in	in	ADP
cblr-1693	147	18	the	the	DET
cblr-1693	147	19	event	event	NOUN
cblr-1693	147	20	of	of	ADP
cblr-1693	147	21	default	default	NOUN
cblr-1693	147	22	.	.	PUNCT
cblr-1693	148	1	in	in	ADP
cblr-1693	148	2	bespoke	bespoke	NOUN
cblr-1693	148	3	,	,	PUNCT
cblr-1693	148	4	bilaterally	bilaterally	ADV
cblr-1693	148	5	-	-	PUNCT
cblr-1693	148	6	negotiated	negotiate	VERB
cblr-1693	148	7	cdss	cdss	NOUN
cblr-1693	148	8	,	,	PUNCT
cblr-1693	148	9	parties	party	NOUN
cblr-1693	148	10	can	can	AUX
cblr-1693	148	11	specify	specify	VERB
cblr-1693	148	12	additional	additional	ADJ
cblr-1693	148	13	credit	credit	NOUN
cblr-1693	148	14	events	event	NOUN
cblr-1693	148	15	or	or	CCONJ
cblr-1693	148	16	payment	payment	NOUN
cblr-1693	148	17	amounts	amount	NOUN
cblr-1693	148	18	,	,	PUNCT
cblr-1693	148	19	tailoring	tailor	VERB
cblr-1693	148	20	the	the	DET
cblr-1693	148	21	product	product	NOUN
cblr-1693	148	22	to	to	ADP
cblr-1693	148	23	their	their	PRON
cblr-1693	148	24	individual	individual	ADJ
cblr-1693	148	25	needs	need	NOUN
cblr-1693	148	26	and	and	CCONJ
cblr-1693	148	27	risk	risk	NOUN
cblr-1693	148	28	profiles.31	profiles.31	NOUN
cblr-1693	148	29	c.f.r	c.f.r	NOUN
cblr-1693	148	30	.	.	PUNCT
cblr-1693	149	1	pts	pts	AUX
cblr-1693	149	2	.	.	PROPN
cblr-1693	149	3	39	39	NUM
cblr-1693	149	4	,	,	PUNCT
cblr-1693	149	5	50	50	NUM
cblr-1693	149	6	)	)	PUNCT
cblr-1693	149	7	(	(	PUNCT
cblr-1693	149	8	“	"	PUNCT
cblr-1693	149	9	the	the	DET
cblr-1693	149	10	financial	financial	ADJ
cblr-1693	149	11	crisis	crisis	NOUN
cblr-1693	149	12	also	also	ADV
cblr-1693	149	13	illustrated	illustrate	VERB
cblr-1693	149	14	the	the	DET
cblr-1693	149	15	significant	significant	ADJ
cblr-1693	149	16	risks	risk	NOUN
cblr-1693	149	17	that	that	PRON
cblr-1693	149	18	an	an	DET
cblr-1693	149	19	uncleared	uncleared	ADJ
cblr-1693	149	20	,	,	PUNCT
cblr-1693	149	21	over	over	ADP
cblr-1693	149	22	-	-	PUNCT
cblr-1693	149	23	the	the	DET
cblr-1693	149	24	-	-	PUNCT
cblr-1693	149	25	counter	counter	NOUN
cblr-1693	149	26	(	(	PUNCT
cblr-1693	149	27	otc	otc	PROPN
cblr-1693	149	28	)	)	PUNCT
cblr-1693	149	29	derivatives	derivative	NOUN
cblr-1693	149	30	market	market	NOUN
cblr-1693	149	31	can	can	AUX
cblr-1693	149	32	pose	pose	VERB
cblr-1693	149	33	to	to	ADP
cblr-1693	149	34	the	the	DET
cblr-1693	149	35	financial	financial	ADJ
cblr-1693	149	36	system	system	NOUN
cblr-1693	149	37	.	.	PUNCT
cblr-1693	149	38	.	.	PUNCT
cblr-1693	149	39	.	.	PUNCT
cblr-1693	150	1	.	.	PUNCT
cblr-1693	151	1	recognizing	recognize	VERB
cblr-1693	151	2	the	the	DET
cblr-1693	151	3	peril	peril	NOUN
cblr-1693	151	4	that	that	SCONJ
cblr-1693	151	5	the	the	DET
cblr-1693	151	6	u.s	u.s	PROPN
cblr-1693	151	7	.	.	PROPN
cblr-1693	151	8	financial	financial	ADJ
cblr-1693	151	9	system	system	NOUN
cblr-1693	151	10	faced	face	VERB
cblr-1693	151	11	during	during	ADP
cblr-1693	151	12	the	the	DET
cblr-1693	151	13	financial	financial	ADJ
cblr-1693	151	14	crisis	crisis	NOUN
cblr-1693	151	15	,	,	PUNCT
cblr-1693	151	16	congress	congress	PROPN
cblr-1693	151	17	and	and	CCONJ
cblr-1693	151	18	the	the	DET
cblr-1693	151	19	president	president	NOUN
cblr-1693	151	20	came	come	VERB
cblr-1693	151	21	together	together	ADV
cblr-1693	151	22	to	to	PART
cblr-1693	151	23	pass	pass	VERB
cblr-1693	151	24	the	the	DET
cblr-1693	151	25	dodd	dodd	PROPN
cblr-1693	151	26	-	-	PUNCT
cblr-1693	151	27	frank	frank	PROPN
cblr-1693	151	28	act	act	NOUN
cblr-1693	151	29	in	in	ADP
cblr-1693	151	30	2010	2010	NUM
cblr-1693	151	31	.	.	PUNCT
cblr-1693	151	32	”	"	PUNCT
cblr-1693	151	33	)	)	PUNCT
cblr-1693	151	34	;	;	PUNCT
cblr-1693	151	35	see	see	VERB
cblr-1693	151	36	also	also	ADV
cblr-1693	151	37	i	i	PROPN
cblr-1693	151	38	d.	d.	PROPN
cblr-1693	151	39	at	at	ADP
cblr-1693	151	40	xvi	xvi	NOUN
cblr-1693	151	41	(	(	PUNCT
cblr-1693	151	42	“	"	PUNCT
cblr-1693	151	43	when	when	SCONJ
cblr-1693	151	44	the	the	DET
cblr-1693	151	45	bubble	bubble	NOUN
cblr-1693	151	46	burst	burst	NOUN
cblr-1693	151	47	,	,	PUNCT
cblr-1693	151	48	hundreds	hundred	NOUN
cblr-1693	151	49	of	of	ADP
cblr-1693	151	50	billions	billion	NOUN
cblr-1693	151	51	of	of	ADP
cblr-1693	151	52	dollars	dollar	NOUN
cblr-1693	151	53	in	in	ADP
cblr-1693	151	54	losses	loss	NOUN
cblr-1693	151	55	in	in	ADP
cblr-1693	151	56	mortgages	mortgage	NOUN
cblr-1693	151	57	and	and	CCONJ
cblr-1693	151	58	mortgage	mortgage	NOUN
cblr-1693	151	59	-	-	PUNCT
cblr-1693	151	60	related	relate	VERB
cblr-1693	151	61	securities	security	NOUN
cblr-1693	151	62	shook	shake	VERB
cblr-1693	151	63	markets	market	NOUN
cblr-1693	151	64	as	as	ADV
cblr-1693	151	65	well	well	ADV
cblr-1693	151	66	as	as	ADP
cblr-1693	151	67	financial	financial	ADJ
cblr-1693	151	68	institutions	institution	NOUN
cblr-1693	151	69	that	that	PRON
cblr-1693	151	70	had	have	VERB
cblr-1693	151	71	significant	significant	ADJ
cblr-1693	151	72	exposures	exposure	NOUN
cblr-1693	151	73	to	to	ADP
cblr-1693	151	74	those	those	DET
cblr-1693	151	75	mortgages	mortgage	NOUN
cblr-1693	151	76	and	and	CCONJ
cblr-1693	151	77	had	have	AUX
cblr-1693	151	78	borrowed	borrow	VERB
cblr-1693	151	79	heavily	heavily	ADV
cblr-1693	151	80	against	against	ADP
cblr-1693	151	81	them	they	PRON
cblr-1693	151	82	.	.	PUNCT
cblr-1693	152	1	this	this	PRON
cblr-1693	152	2	happened	happen	VERB
cblr-1693	152	3	not	not	PART
cblr-1693	152	4	just	just	ADV
cblr-1693	152	5	in	in	ADP
cblr-1693	152	6	the	the	DET
cblr-1693	152	7	united	united	PROPN
cblr-1693	152	8	states	states	PROPN
cblr-1693	152	9	but	but	CCONJ
cblr-1693	152	10	around	around	ADP
cblr-1693	152	11	the	the	DET
cblr-1693	152	12	world	world	NOUN
cblr-1693	152	13	.	.	PUNCT
cblr-1693	153	1	the	the	DET
cblr-1693	153	2	losses	loss	NOUN
cblr-1693	153	3	were	be	AUX
cblr-1693	153	4	magnified	magnify	VERB
cblr-1693	153	5	by	by	ADP
cblr-1693	153	6	derivatives	derivative	NOUN
cblr-1693	153	7	such	such	ADJ
cblr-1693	153	8	as	as	ADP
cblr-1693	153	9	synthetic	synthetic	ADJ
cblr-1693	153	10	securities	security	NOUN
cblr-1693	153	11	.	.	PUNCT
cblr-1693	153	12	”	"	PUNCT
cblr-1693	153	13	)	)	PUNCT
cblr-1693	153	14	.	.	PUNCT
cblr-1693	154	1	for	for	ADP
cblr-1693	154	2	a	a	DET
cblr-1693	154	3	broader	broad	ADJ
cblr-1693	154	4	discussion	discussion	NOUN
cblr-1693	154	5	of	of	ADP
cblr-1693	154	6	the	the	DET
cblr-1693	154	7	impact	impact	NOUN
cblr-1693	154	8	of	of	ADP
cblr-1693	154	9	derivatives	derivative	NOUN
cblr-1693	154	10	on	on	ADP
cblr-1693	154	11	the	the	DET
cblr-1693	154	12	financial	financial	ADJ
cblr-1693	154	13	crisis	crisis	NOUN
cblr-1693	154	14	,	,	PUNCT
cblr-1693	154	15	see	see	VERB
cblr-1693	154	16	generally	generally	ADV
cblr-1693	154	17	the	the	DET
cblr-1693	154	18	fin	fin	NOUN
cblr-1693	154	19	.	.	PUNCT
cblr-1693	155	1	crisis	crisis	NOUN
cblr-1693	155	2	inquiry	inquiry	NOUN
cblr-1693	155	3	report	report	NOUN
cblr-1693	155	4	,	,	PUNCT
cblr-1693	155	5	supra	supra	PROPN
cblr-1693	155	6	note	note	NOUN
cblr-1693	155	7	1	1	NUM
cblr-1693	155	8	.	.	SYM
cblr-1693	155	9	28	28	NUM
cblr-1693	155	10	see	see	VERB
cblr-1693	155	11	infra	infra	NOUN
cblr-1693	155	12	figure	figure	NOUN
cblr-1693	155	13	1	1	NUM
cblr-1693	155	14	.	.	PUNCT
cblr-1693	156	1	although	although	SCONJ
cblr-1693	156	2	other	other	ADJ
cblr-1693	156	3	types	type	NOUN
cblr-1693	156	4	of	of	ADP
cblr-1693	156	5	swaps	swap	NOUN
cblr-1693	156	6	played	play	VERB
cblr-1693	156	7	significant	significant	ADJ
cblr-1693	156	8	roles	role	NOUN
cblr-1693	156	9	in	in	ADP
cblr-1693	156	10	exacerbating	exacerbate	VERB
cblr-1693	156	11	the	the	DET
cblr-1693	156	12	financial	financial	ADJ
cblr-1693	156	13	crisis	crisis	NOUN
cblr-1693	156	14	,	,	PUNCT
cblr-1693	156	15	a	a	DET
cblr-1693	156	16	bilateral	bilateral	ADJ
cblr-1693	156	17	cds	cd	NOUN
cblr-1693	156	18	is	be	AUX
cblr-1693	156	19	used	use	VERB
cblr-1693	156	20	here	here	ADV
cblr-1693	156	21	for	for	ADP
cblr-1693	156	22	the	the	DET
cblr-1693	156	23	sake	sake	NOUN
cblr-1693	156	24	of	of	ADP
cblr-1693	156	25	simplicity	simplicity	NOUN
cblr-1693	156	26	in	in	ADP
cblr-1693	156	27	the	the	DET
cblr-1693	156	28	example	example	NOUN
cblr-1693	156	29	.	.	PUNCT
cblr-1693	157	1	the	the	DET
cblr-1693	157	2	basic	basic	ADJ
cblr-1693	157	3	concepts	concept	NOUN
cblr-1693	157	4	of	of	ADP
cblr-1693	157	5	the	the	DET
cblr-1693	157	6	bilateral	bilateral	ADJ
cblr-1693	157	7	cds	cd	NOUN
cblr-1693	157	8	are	be	AUX
cblr-1693	157	9	useful	useful	ADJ
cblr-1693	157	10	in	in	ADP
cblr-1693	157	11	understanding	understand	VERB
cblr-1693	157	12	the	the	DET
cblr-1693	157	13	mechanics	mechanic	NOUN
cblr-1693	157	14	of	of	ADP
cblr-1693	157	15	swaps	swap	NOUN
cblr-1693	157	16	in	in	ADP
cblr-1693	157	17	general	general	ADJ
cblr-1693	157	18	and	and	CCONJ
cblr-1693	157	19	can	can	AUX
cblr-1693	157	20	be	be	AUX
cblr-1693	157	21	applied	apply	VERB
cblr-1693	157	22	by	by	ADP
cblr-1693	157	23	analogy	analogy	NOUN
cblr-1693	157	24	to	to	ADP
cblr-1693	157	25	other	other	ADJ
cblr-1693	157	26	types	type	NOUN
cblr-1693	157	27	of	of	ADP
cblr-1693	157	28	swaps	swap	NOUN
cblr-1693	157	29	.	.	PUNCT
cblr-1693	158	1	29	29	NUM
cblr-1693	158	2	see	see	VERB
cblr-1693	158	3	chander	chander	NOUN
cblr-1693	158	4	&	&	CCONJ
cblr-1693	158	5	costa	costa	PROPN
cblr-1693	158	6	,	,	PUNCT
cblr-1693	158	7	supra	supra	PROPN
cblr-1693	158	8	note	note	NOUN
cblr-1693	158	9	2	2	NUM
cblr-1693	158	10	,	,	PUNCT
cblr-1693	158	11	at	at	ADP
cblr-1693	158	12	642	642	NUM
cblr-1693	158	13	.	.	PUNCT
cblr-1693	158	14	30	30	NUM
cblr-1693	159	1	i	i	PRON
cblr-1693	159	2	d.	d.	PROPN
cblr-1693	159	3	at	at	ADP
cblr-1693	159	4	642–43	642–43	PROPN
cblr-1693	159	5	.	.	PUNCT
cblr-1693	159	6	31	31	NUM
cblr-1693	160	1	i	i	PRON
cblr-1693	160	2	d.	d.	VERB
cblr-1693	160	3	additional	additional	ADJ
cblr-1693	160	4	credit	credit	NOUN
cblr-1693	160	5	events	event	NOUN
cblr-1693	160	6	are	be	AUX
cblr-1693	160	7	particularly	particularly	ADV
cblr-1693	160	8	useful	useful	ADJ
cblr-1693	160	9	to	to	PART
cblr-1693	160	10	allow	allow	VERB
cblr-1693	160	11	insurance	insurance	NOUN
cblr-1693	160	12	from	from	ADP
cblr-1693	160	13	credit	credit	NOUN
cblr-1693	160	14	issues	issue	NOUN
cblr-1693	160	15	other	other	ADJ
cblr-1693	160	16	than	than	ADP
cblr-1693	160	17	bankruptcy	bankruptcy	NOUN
cblr-1693	160	18	or	or	CCONJ
cblr-1693	160	19	a	a	DET
cblr-1693	160	20	simple	simple	ADJ
cblr-1693	160	21	failure	failure	NOUN
cblr-1693	160	22	to	to	PART
cblr-1693	160	23	pay	pay	VERB
cblr-1693	160	24	back	back	ADP
cblr-1693	160	25	the	the	DET
cblr-1693	160	26	loan	loan	NOUN
cblr-1693	160	27	.	.	PUNCT
cblr-1693	161	1	typical	typical	ADJ
cblr-1693	161	2	ones	one	NOUN
cblr-1693	161	3	include	include	VERB
cblr-1693	161	4	public	public	ADJ
cblr-1693	161	5	repudiation	repudiation	NOUN
cblr-1693	161	6	of	of	ADP
cblr-1693	161	7	the	the	DET
cblr-1693	161	8	debt	debt	NOUN
cblr-1693	161	9	(	(	PUNCT
cblr-1693	161	10	i.e.	i.e.	X
cblr-1693	161	11	announcing	announce	VERB
cblr-1693	161	12	an	an	DET
cblr-1693	161	13	intention	intention	NOUN
cblr-1693	161	14	not	not	PART
cblr-1693	161	15	to	to	PART
cblr-1693	161	16	pay	pay	VERB
cblr-1693	161	17	)	)	PUNCT
cblr-1693	161	18	,	,	PUNCT
cblr-1693	161	19	acceleration	acceleration	NOUN
cblr-1693	161	20	of	of	ADP
cblr-1693	161	21	the	the	DET
cblr-1693	161	22	debt	debt	NOUN
cblr-1693	161	23	,	,	PUNCT
cblr-1693	161	24	or	or	CCONJ
cblr-1693	161	25	a	a	DET
cblr-1693	161	26	government	government	NOUN
cblr-1693	161	27	intervention	intervention	NOUN
cblr-1693	161	28	.	.	PUNCT
cblr-1693	162	1	see	see	VERB
cblr-1693	162	2	int’l	int’l	NUM
cblr-1693	162	3	swaps	swap	NOUN
cblr-1693	162	4	&	&	CCONJ
cblr-1693	162	5	derivatives	derivative	NOUN
cblr-1693	162	6	ass’n	ass’n	VERB
cblr-1693	162	7	,	,	PUNCT
cblr-1693	162	8	2014	2014	NUM
cblr-1693	162	9	isda	isda	NOUN
cblr-1693	162	10	credit	credit	NOUN
cblr-1693	162	11	derivative	derivative	ADJ
cblr-1693	162	12	definitions	definition	NOUN
cblr-1693	162	13	art	art	NOUN
cblr-1693	162	14	.	.	PUNCT
cblr-1693	163	1	iv	iv	X
cblr-1693	163	2	(	(	PUNCT
cblr-1693	163	3	2014	2014	NUM
cblr-1693	163	4	)	)	PUNCT
cblr-1693	163	5	(	(	PUNCT
cblr-1693	163	6	listing	list	VERB
cblr-1693	163	7	and	and	CCONJ
cblr-1693	163	8	providing	provide	VERB
cblr-1693	163	9	standard	standard	ADJ
cblr-1693	163	10	language	language	NOUN
cblr-1693	163	11	for	for	ADP
cblr-1693	163	12	a	a	DET
cblr-1693	163	13	variety	variety	NOUN
cblr-1693	163	14	of	of	ADP
cblr-1693	163	15	different	different	ADJ
cblr-1693	163	16	occurrences	occurrence	NOUN
cblr-1693	163	17	that	that	PRON
cblr-1693	163	18	can	can	AUX
cblr-1693	163	19	be	be	AUX
cblr-1693	163	20	included	include	VERB
cblr-1693	163	21	,	,	PUNCT
cblr-1693	163	22	at	at	ADP
cblr-1693	163	23	the	the	DET
cblr-1693	163	24	parties	party	NOUN
cblr-1693	163	25	’	'	PUNCT
cblr-1693	163	26	election	election	NOUN
cblr-1693	163	27	,	,	PUNCT
cblr-1693	163	28	as	as	ADP
cblr-1693	163	29	credit	credit	NOUN
cblr-1693	163	30	events	event	NOUN
cblr-1693	163	31	)	)	PUNCT
cblr-1693	163	32	.	.	PUNCT
cblr-1693	164	1	262	262	NUM
cblr-1693	164	2	columbia	columbia	PROPN
cblr-1693	164	3	business	business	NOUN
cblr-1693	164	4	law	law	PROPN
cblr-1693	164	5	review	review	NOUN
cblr-1693	164	6	[	[	X
cblr-1693	164	7	vol	vol	NOUN
cblr-1693	164	8	.	.	PUNCT
cblr-1693	164	9	2019	2019	NUM
cblr-1693	164	10	figure	figure	NOUN
cblr-1693	164	11	1	1	NUM
cblr-1693	164	12	:	:	PUNCT
cblr-1693	164	13	mechanics	mechanic	NOUN
cblr-1693	164	14	of	of	ADP
cblr-1693	164	15	a	a	DET
cblr-1693	164	16	cds	cd	NOUN
cblr-1693	164	17	transaction	transaction	NOUN
cblr-1693	164	18	although	although	SCONJ
cblr-1693	164	19	the	the	DET
cblr-1693	164	20	type	type	NOUN
cblr-1693	164	21	of	of	ADP
cblr-1693	164	22	underlying	underlie	VERB
cblr-1693	164	23	security	security	NOUN
cblr-1693	164	24	and	and	CCONJ
cblr-1693	164	25	payment	payment	NOUN
cblr-1693	164	26	flows	flow	NOUN
cblr-1693	164	27	change	change	VERB
cblr-1693	164	28	depending	depend	VERB
cblr-1693	164	29	on	on	ADP
cblr-1693	164	30	the	the	DET
cblr-1693	164	31	product	product	NOUN
cblr-1693	164	32	type	type	NOUN
cblr-1693	164	33	,	,	PUNCT
cblr-1693	164	34	other	other	ADJ
cblr-1693	164	35	classes	class	NOUN
cblr-1693	164	36	of	of	ADP
cblr-1693	164	37	otc	otc	PROPN
cblr-1693	164	38	derivatives	derivative	NOUN
cblr-1693	164	39	operate	operate	VERB
cblr-1693	164	40	in	in	ADP
cblr-1693	164	41	a	a	DET
cblr-1693	164	42	similar	similar	ADJ
cblr-1693	164	43	manner	manner	NOUN
cblr-1693	164	44	.	.	PUNCT
cblr-1693	165	1	broadly	broadly	ADV
cblr-1693	165	2	,	,	PUNCT
cblr-1693	165	3	swaps	swap	NOUN
cblr-1693	165	4	allow	allow	VERB
cblr-1693	165	5	financial	financial	ADJ
cblr-1693	165	6	institutions	institution	NOUN
cblr-1693	165	7	and	and	CCONJ
cblr-1693	165	8	investors	investor	NOUN
cblr-1693	165	9	to	to	PART
cblr-1693	165	10	trade	trade	VERB
cblr-1693	165	11	out	out	ADP
cblr-1693	165	12	of	of	ADP
cblr-1693	165	13	a	a	DET
cblr-1693	165	14	position	position	NOUN
cblr-1693	165	15	or	or	CCONJ
cblr-1693	165	16	gain	gain	VERB
cblr-1693	165	17	exposure	exposure	NOUN
cblr-1693	165	18	to	to	ADP
cblr-1693	165	19	specific	specific	ADJ
cblr-1693	165	20	types	type	NOUN
cblr-1693	165	21	of	of	ADP
cblr-1693	165	22	risk	risk	NOUN
cblr-1693	165	23	as	as	ADP
cblr-1693	165	24	an	an	DET
cblr-1693	165	25	investment	investment	NOUN
cblr-1693	165	26	strategy.32	strategy.32	VERB
cblr-1693	165	27	for	for	ADP
cblr-1693	165	28	many	many	ADJ
cblr-1693	165	29	products	product	NOUN
cblr-1693	165	30	,	,	PUNCT
cblr-1693	165	31	one	one	NUM
cblr-1693	165	32	party	party	NOUN
cblr-1693	165	33	to	to	ADP
cblr-1693	165	34	the	the	DET
cblr-1693	165	35	trade	trade	NOUN
cblr-1693	165	36	agrees	agree	VERB
cblr-1693	165	37	to	to	PART
cblr-1693	165	38	take	take	VERB
cblr-1693	165	39	on	on	ADP
cblr-1693	165	40	the	the	DET
cblr-1693	165	41	unpredictability	unpredictability	NOUN
cblr-1693	165	42	(	(	PUNCT
cblr-1693	165	43	but	but	CCONJ
cblr-1693	165	44	potential	potential	ADJ
cblr-1693	165	45	profitability	profitability	NOUN
cblr-1693	165	46	)	)	PUNCT
cblr-1693	165	47	of	of	ADP
cblr-1693	165	48	an	an	DET
cblr-1693	165	49	underlying	underlying	ADJ
cblr-1693	165	50	security	security	NOUN
cblr-1693	165	51	’s	’s	PART
cblr-1693	165	52	returns	return	NOUN
cblr-1693	165	53	,	,	PUNCT
cblr-1693	165	54	and	and	CCONJ
cblr-1693	165	55	in	in	ADP
cblr-1693	165	56	exchange	exchange	NOUN
cblr-1693	165	57	,	,	PUNCT
cblr-1693	165	58	provides	provide	VERB
cblr-1693	165	59	their	their	PRON
cblr-1693	165	60	counterparty	counterparty	NOUN
cblr-1693	165	61	with	with	ADP
cblr-1693	165	62	a	a	DET
cblr-1693	165	63	more	more	ADV
cblr-1693	165	64	dependable	dependable	ADJ
cblr-1693	165	65	payment	payment	NOUN
cblr-1693	165	66	or	or	CCONJ
cblr-1693	165	67	premium.33	premium.33	NOUN
cblr-1693	165	68	in	in	ADP
cblr-1693	165	69	other	other	ADJ
cblr-1693	165	70	instances	instance	NOUN
cblr-1693	165	71	,	,	PUNCT
cblr-1693	165	72	both	both	DET
cblr-1693	165	73	32	32	NUM
cblr-1693	165	74	see	see	VERB
cblr-1693	165	75	andreas	andreas	PROPN
cblr-1693	165	76	a.	a.	PROPN
cblr-1693	165	77	jobst	jobst	PROPN
cblr-1693	165	78	,	,	PUNCT
cblr-1693	165	79	a	a	DET
cblr-1693	165	80	primer	primer	NOUN
cblr-1693	165	81	on	on	ADP
cblr-1693	165	82	structured	structured	ADJ
cblr-1693	165	83	finance	finance	NOUN
cblr-1693	165	84	,	,	PUNCT
cblr-1693	165	85	13	13	NUM
cblr-1693	165	86	j.	j.	PROPN
cblr-1693	165	87	derivatives	derivatives	PROPN
cblr-1693	165	88	&	&	CCONJ
cblr-1693	165	89	hedge	hedge	PROPN
cblr-1693	165	90	funds	fund	NOUN
cblr-1693	165	91	199	199	NUM
cblr-1693	165	92	,	,	PUNCT
cblr-1693	165	93	202–03	202–03	NUM
cblr-1693	165	94	(	(	PUNCT
cblr-1693	165	95	2007	2007	NUM
cblr-1693	165	96	)	)	PUNCT
cblr-1693	165	97	.	.	PUNCT
cblr-1693	166	1	33	33	NUM
cblr-1693	166	2	see	see	VERB
cblr-1693	166	3	i	i	PRON
cblr-1693	166	4	d.	d.	PROPN
cblr-1693	166	5	this	this	DET
cblr-1693	166	6	arrangement	arrangement	NOUN
cblr-1693	166	7	allows	allow	VERB
cblr-1693	166	8	investors	investor	NOUN
cblr-1693	166	9	to	to	PART
cblr-1693	166	10	gain	gain	VERB
cblr-1693	166	11	exposure	exposure	NOUN
cblr-1693	166	12	to	to	ADP
cblr-1693	166	13	types	type	NOUN
cblr-1693	166	14	of	of	ADP
cblr-1693	166	15	risk	risk	NOUN
cblr-1693	166	16	to	to	PART
cblr-1693	166	17	which	which	PRON
cblr-1693	166	18	they	they	PRON
cblr-1693	166	19	may	may	AUX
cblr-1693	166	20	not	not	PART
cblr-1693	166	21	otherwise	otherwise	ADV
cblr-1693	166	22	have	have	VERB
cblr-1693	166	23	access	access	NOUN
cblr-1693	166	24	.	.	PUNCT
cblr-1693	167	1	for	for	ADP
cblr-1693	167	2	example	example	NOUN
cblr-1693	167	3	,	,	PUNCT
cblr-1693	167	4	riskneutral	riskneutral	ADJ
cblr-1693	167	5	swap	swap	NOUN
cblr-1693	167	6	dealers	dealer	NOUN
cblr-1693	167	7	use	use	VERB
cblr-1693	167	8	their	their	PRON
cblr-1693	167	9	access	access	NOUN
cblr-1693	167	10	to	to	ADP
cblr-1693	167	11	certain	certain	ADJ
cblr-1693	167	12	product	product	NOUN
cblr-1693	167	13	types	type	NOUN
cblr-1693	167	14	or	or	CCONJ
cblr-1693	167	15	markets	market	NOUN
cblr-1693	167	16	(	(	PUNCT
cblr-1693	167	17	whether	whether	SCONJ
cblr-1693	167	18	accessible	accessible	ADJ
cblr-1693	167	19	because	because	SCONJ
cblr-1693	167	20	of	of	ADP
cblr-1693	167	21	the	the	DET
cblr-1693	167	22	dealers	dealer	NOUN
cblr-1693	167	23	’	’	PART
cblr-1693	167	24	location	location	NOUN
cblr-1693	167	25	,	,	PUNCT
cblr-1693	167	26	relationship	relationship	NOUN
cblr-1693	167	27	with	with	ADP
cblr-1693	167	28	foreign	foreign	ADJ
cblr-1693	167	29	governments	government	NOUN
cblr-1693	167	30	,	,	PUNCT
cblr-1693	167	31	or	or	CCONJ
cblr-1693	167	32	access	access	NOUN
cblr-1693	167	33	to	to	ADP
cblr-1693	167	34	capital	capital	NOUN
cblr-1693	167	35	)	)	PUNCT
cblr-1693	167	36	to	to	PART
cblr-1693	167	37	generate	generate	VERB
cblr-1693	167	38	consistent	consistent	ADJ
cblr-1693	167	39	revenue	revenue	NOUN
cblr-1693	167	40	streams	stream	NOUN
cblr-1693	167	41	(	(	PUNCT
cblr-1693	167	42	the	the	DET
cblr-1693	167	43	swap	swap	NOUN
cblr-1693	167	44	fee	fee	NOUN
cblr-1693	167	45	)	)	PUNCT
cblr-1693	167	46	,	,	PUNCT
cblr-1693	167	47	while	while	SCONJ
cblr-1693	167	48	end	end	NOUN
cblr-1693	167	49	-	-	PUNCT
cblr-1693	167	50	user	user	NOUN
cblr-1693	167	51	investors	investor	NOUN
cblr-1693	167	52	pay	pay	VERB
cblr-1693	167	53	the	the	DET
cblr-1693	167	54	fee	fee	NOUN
cblr-1693	167	55	to	to	PART
cblr-1693	167	56	invest	invest	VERB
cblr-1693	167	57	in	in	ADP
cblr-1693	167	58	their	their	PRON
cblr-1693	167	59	desired	desire	VERB
cblr-1693	167	60	risk	risk	NOUN
cblr-1693	167	61	-	-	PUNCT
cblr-1693	167	62	profile	profile	NOUN
cblr-1693	167	63	.	.	PUNCT
cblr-1693	168	1	john	john	PROPN
cblr-1693	168	2	d.	d.	PROPN
cblr-1693	168	3	finnerty	finnerty	PROPN
cblr-1693	168	4	&	&	CCONJ
cblr-1693	168	5	kishlaya	kishlaya	PROPN
cblr-1693	168	6	pathak	pathak	PROPN
cblr-1693	168	7	,	,	PUNCT
cblr-1693	168	8	a	a	DET
cblr-1693	168	9	review	review	NOUN
cblr-1693	168	10	of	of	ADP
cblr-1693	168	11	recent	recent	ADJ
cblr-1693	168	12	derivatives	derivative	NOUN
cblr-1693	168	13	litigation	litigation	NOUN
cblr-1693	168	14	,	,	PUNCT
cblr-1693	168	15	16	16	NUM
cblr-1693	168	16	fordham	fordham	PROPN
cblr-1693	168	17	j.	j.	PROPN
cblr-1693	168	18	corp	corp	PROPN
cblr-1693	168	19	.	.	PROPN
cblr-1693	168	20	&	&	CCONJ
cblr-1693	168	21	fin	fin	PROPN
cblr-1693	168	22	.	.	PUNCT
cblr-1693	169	1	l.	l.	PROPN
cblr-1693	169	2	73	73	NUM
cblr-1693	169	3	,	,	PUNCT
cblr-1693	169	4	84	84	NUM
cblr-1693	169	5	(	(	PUNCT
cblr-1693	169	6	2011	2011	NUM
cblr-1693	169	7	)	)	PUNCT
cblr-1693	169	8	.	.	PUNCT
cblr-1693	170	1	the	the	DET
cblr-1693	170	2	bespoke	bespoke	ADJ
cblr-1693	170	3	nature	nature	NOUN
cblr-1693	170	4	of	of	ADP
cblr-1693	170	5	swaps	swap	NOUN
cblr-1693	170	6	lets	let	VERB
cblr-1693	170	7	parties	party	NOUN
cblr-1693	170	8	adapt	adapt	VERB
cblr-1693	170	9	the	the	DET
cblr-1693	170	10	transaction	transaction	NOUN
cblr-1693	170	11	to	to	ADP
cblr-1693	170	12	their	their	PRON
cblr-1693	170	13	individual	individual	ADJ
cblr-1693	170	14	risk	risk	NOUN
cblr-1693	170	15	profiles	profile	NOUN
cblr-1693	170	16	—	—	PUNCT
cblr-1693	170	17	i.e.	i.e.	X
cblr-1693	170	18	,	,	PUNCT
cblr-1693	170	19	the	the	DET
cblr-1693	170	20	swap	swap	NOUN
cblr-1693	170	21	seller	seller	NOUN
cblr-1693	170	22	can	can	AUX
cblr-1693	170	23	retain	retain	VERB
cblr-1693	170	24	more	more	ADJ
cblr-1693	170	25	of	of	ADP
cblr-1693	170	26	the	the	DET
cblr-1693	170	27	risk	risk	NOUN
cblr-1693	170	28	,	,	PUNCT
cblr-1693	170	29	in	in	ADP
cblr-1693	170	30	no	no	NOUN
cblr-1693	170	31	.	.	PUNCT
cblr-1693	171	1	1:252	1:252	NUM
cblr-1693	171	2	]	]	X
cblr-1693	171	3	to	to	PART
cblr-1693	171	4	clear	clear	ADJ
cblr-1693	171	5	or	or	CCONJ
cblr-1693	171	6	not	not	PART
cblr-1693	171	7	to	to	PART
cblr-1693	171	8	clear	clear	VERB
cblr-1693	171	9	263	263	NUM
cblr-1693	171	10	sides	side	NOUN
cblr-1693	171	11	receive	receive	VERB
cblr-1693	171	12	variable	variable	ADJ
cblr-1693	171	13	future	future	ADJ
cblr-1693	171	14	returns	return	NOUN
cblr-1693	171	15	rather	rather	ADV
cblr-1693	171	16	than	than	ADP
cblr-1693	171	17	a	a	DET
cblr-1693	171	18	consistent	consistent	ADJ
cblr-1693	171	19	benchmark	benchmark	NOUN
cblr-1693	171	20	payment	payment	NOUN
cblr-1693	171	21	,	,	PUNCT
cblr-1693	171	22	effectively	effectively	ADV
cblr-1693	171	23	trading	trade	VERB
cblr-1693	171	24	one	one	NUM
cblr-1693	171	25	type	type	NOUN
cblr-1693	171	26	of	of	ADP
cblr-1693	171	27	risk	risk	NOUN
cblr-1693	171	28	for	for	ADP
cblr-1693	171	29	another.34	another.34	NOUN
cblr-1693	171	30	in	in	ADP
cblr-1693	171	31	all	all	PRON
cblr-1693	171	32	of	of	ADP
cblr-1693	171	33	these	these	DET
cblr-1693	171	34	examples	example	NOUN
cblr-1693	171	35	,	,	PUNCT
cblr-1693	171	36	the	the	DET
cblr-1693	171	37	bespoke	bespoke	ADJ
cblr-1693	171	38	nature	nature	NOUN
cblr-1693	171	39	of	of	ADP
cblr-1693	171	40	the	the	DET
cblr-1693	171	41	transaction	transaction	NOUN
cblr-1693	171	42	allows	allow	VERB
cblr-1693	171	43	parties	party	NOUN
cblr-1693	171	44	to	to	PART
cblr-1693	171	45	adapt	adapt	VERB
cblr-1693	171	46	the	the	DET
cblr-1693	171	47	terms	term	NOUN
cblr-1693	171	48	and	and	CCONJ
cblr-1693	171	49	mechanics	mechanic	NOUN
cblr-1693	171	50	,	,	PUNCT
cblr-1693	171	51	tweaking	tweaking	NOUN
cblr-1693	171	52	or	or	CCONJ
cblr-1693	171	53	creating	create	VERB
cblr-1693	171	54	products	product	NOUN
cblr-1693	171	55	as	as	SCONJ
cblr-1693	171	56	needed	need	VERB
cblr-1693	171	57	to	to	PART
cblr-1693	171	58	suit	suit	VERB
cblr-1693	171	59	the	the	DET
cblr-1693	171	60	individual	individual	ADJ
cblr-1693	171	61	risk	risk	NOUN
cblr-1693	171	62	portfolios	portfolio	NOUN
cblr-1693	171	63	and	and	CCONJ
cblr-1693	171	64	appetites	appetite	NOUN
cblr-1693	171	65	of	of	ADP
cblr-1693	171	66	each	each	DET
cblr-1693	171	67	participant.35	participant.35	NOUN
cblr-1693	171	68	as	as	ADP
cblr-1693	171	69	a	a	DET
cblr-1693	171	70	result	result	NOUN
cblr-1693	171	71	,	,	PUNCT
cblr-1693	171	72	the	the	DET
cblr-1693	171	73	otc	otc	PROPN
cblr-1693	171	74	derivatives	derivative	NOUN
cblr-1693	171	75	market	market	NOUN
cblr-1693	171	76	is	be	AUX
cblr-1693	171	77	variable	variable	ADJ
cblr-1693	171	78	and	and	CCONJ
cblr-1693	171	79	adaptive	adaptive	ADJ
cblr-1693	171	80	,	,	PUNCT
cblr-1693	171	81	with	with	ADP
cblr-1693	171	82	as	as	ADV
cblr-1693	171	83	many	many	ADJ
cblr-1693	171	84	distinct	distinct	ADJ
cblr-1693	171	85	swap	swap	NOUN
cblr-1693	171	86	products	product	NOUN
cblr-1693	171	87	as	as	ADP
cblr-1693	171	88	parties	party	NOUN
cblr-1693	171	89	with	with	ADP
cblr-1693	171	90	unique	unique	ADJ
cblr-1693	171	91	needs	need	NOUN
cblr-1693	171	92	and	and	CCONJ
cblr-1693	171	93	creative	creative	ADJ
cblr-1693	171	94	solutions	solution	NOUN
cblr-1693	171	95	.	.	PUNCT
cblr-1693	172	1	the	the	DET
cblr-1693	172	2	market	market	NOUN
cblr-1693	172	3	is	be	AUX
cblr-1693	172	4	also	also	ADV
cblr-1693	172	5	of	of	ADP
cblr-1693	172	6	notable	notable	ADJ
cblr-1693	172	7	size	size	NOUN
cblr-1693	172	8	.	.	PUNCT
cblr-1693	173	1	the	the	DET
cblr-1693	173	2	bank	bank	NOUN
cblr-1693	173	3	for	for	ADP
cblr-1693	173	4	international	international	ADJ
cblr-1693	173	5	settlements	settlement	NOUN
cblr-1693	173	6	pegged	peg	VERB
cblr-1693	173	7	the	the	DET
cblr-1693	173	8	notional	notional	ADJ
cblr-1693	173	9	amount	amount	NOUN
cblr-1693	173	10	of	of	ADP
cblr-1693	173	11	outstanding	outstanding	ADJ
cblr-1693	173	12	otc	otc	ADJ
cblr-1693	173	13	derivatives	derivative	NOUN
cblr-1693	173	14	contracts	contract	NOUN
cblr-1693	173	15	at	at	ADP
cblr-1693	173	16	$	$	SYM
cblr-1693	173	17	542	542	NUM
cblr-1693	173	18	trillion	trillion	NUM
cblr-1693	173	19	at	at	ADP
cblr-1693	173	20	the	the	DET
cblr-1693	173	21	end	end	NOUN
cblr-1693	173	22	of	of	ADP
cblr-1693	173	23	june	june	PROPN
cblr-1693	173	24	2017.36	2017.36	NUM
cblr-1693	173	25	the	the	DET
cblr-1693	173	26	gross	gross	ADJ
cblr-1693	173	27	market	market	NOUN
cblr-1693	173	28	exchange	exchange	NOUN
cblr-1693	173	29	for	for	ADP
cblr-1693	173	30	a	a	DET
cblr-1693	173	31	higher	high	ADJ
cblr-1693	173	32	fee	fee	NOUN
cblr-1693	173	33	—	—	PUNCT
cblr-1693	173	34	simply	simply	ADV
cblr-1693	173	35	by	by	ADP
cblr-1693	173	36	adjusting	adjust	VERB
cblr-1693	173	37	the	the	DET
cblr-1693	173	38	mechanics	mechanic	NOUN
cblr-1693	173	39	laid	lay	VERB
cblr-1693	173	40	out	out	ADP
cblr-1693	173	41	in	in	ADP
cblr-1693	173	42	the	the	DET
cblr-1693	173	43	contract	contract	NOUN
cblr-1693	173	44	.	.	PUNCT
cblr-1693	174	1	investors	investor	NOUN
cblr-1693	174	2	can	can	AUX
cblr-1693	174	3	also	also	ADV
cblr-1693	174	4	use	use	VERB
cblr-1693	174	5	swaps	swap	NOUN
cblr-1693	174	6	as	as	ADP
cblr-1693	174	7	a	a	DET
cblr-1693	174	8	form	form	NOUN
cblr-1693	174	9	of	of	ADP
cblr-1693	174	10	financing	financing	NOUN
cblr-1693	174	11	,	,	PUNCT
cblr-1693	174	12	in	in	ADP
cblr-1693	174	13	which	which	PRON
cblr-1693	174	14	they	they	PRON
cblr-1693	174	15	receive	receive	VERB
cblr-1693	174	16	an	an	DET
cblr-1693	174	17	investment	investment	NOUN
cblr-1693	174	18	’s	’s	PART
cblr-1693	174	19	returns	return	NOUN
cblr-1693	174	20	without	without	ADP
cblr-1693	174	21	needing	need	VERB
cblr-1693	174	22	to	to	PART
cblr-1693	174	23	buy	buy	VERB
cblr-1693	174	24	the	the	DET
cblr-1693	174	25	underlying	underlie	VERB
cblr-1693	174	26	security	security	NOUN
cblr-1693	174	27	,	,	PUNCT
cblr-1693	174	28	which	which	PRON
cblr-1693	174	29	will	will	AUX
cblr-1693	174	30	be	be	AUX
cblr-1693	174	31	held	hold	VERB
cblr-1693	174	32	—	—	PUNCT
cblr-1693	174	33	again	again	ADV
cblr-1693	174	34	,	,	PUNCT
cblr-1693	174	35	for	for	ADP
cblr-1693	174	36	a	a	DET
cblr-1693	174	37	fee	fee	NOUN
cblr-1693	174	38	—	—	PUNCT
cblr-1693	174	39	by	by	ADP
cblr-1693	174	40	the	the	DET
cblr-1693	174	41	dealer	dealer	NOUN
cblr-1693	174	42	.	.	PUNCT
cblr-1693	175	1	i	i	PRON
cblr-1693	175	2	d.	d.	PROPN
cblr-1693	175	3	34	34	NUM
cblr-1693	175	4	see	see	VERB
cblr-1693	175	5	,	,	PUNCT
cblr-1693	175	6	e.g.	e.g.	ADV
cblr-1693	175	7	,	,	PUNCT
cblr-1693	175	8	i	i	PRON
cblr-1693	175	9	d.	d.	VERB
cblr-1693	175	10	at	at	ADP
cblr-1693	175	11	84–85	84–85	NUM
cblr-1693	175	12	;	;	PUNCT
cblr-1693	175	13	caitlin	caitlin	PROPN
cblr-1693	175	14	hall	hall	PROPN
cblr-1693	175	15	,	,	PUNCT
cblr-1693	175	16	the	the	DET
cblr-1693	175	17	death	death	NOUN
cblr-1693	175	18	of	of	ADP
cblr-1693	175	19	a	a	DET
cblr-1693	175	20	defense	defense	NOUN
cblr-1693	175	21	:	:	PUNCT
cblr-1693	175	22	how	how	SCONJ
cblr-1693	175	23	derivatives	derivative	NOUN
cblr-1693	175	24	spell	spell	VERB
cblr-1693	175	25	the	the	DET
cblr-1693	175	26	end	end	NOUN
cblr-1693	175	27	of	of	ADP
cblr-1693	175	28	the	the	DET
cblr-1693	175	29	good	good	ADJ
cblr-1693	175	30	faith	faith	NOUN
cblr-1693	175	31	defense	defense	NOUN
cblr-1693	175	32	to	to	ADP
cblr-1693	175	33	fraudulent	fraudulent	ADJ
cblr-1693	175	34	transfer	transfer	NOUN
cblr-1693	175	35	actions	action	NOUN
cblr-1693	175	36	in	in	ADP
cblr-1693	175	37	business	business	NOUN
cblr-1693	175	38	bankruptcies	bankruptcy	NOUN
cblr-1693	175	39	,	,	PUNCT
cblr-1693	175	40	8	8	NUM
cblr-1693	175	41	berkeley	berkeley	PROPN
cblr-1693	175	42	bus	bus	NOUN
cblr-1693	175	43	.	.	PUNCT
cblr-1693	176	1	l.j	l.j	PROPN
cblr-1693	176	2	.	.	PROPN
cblr-1693	176	3	152	152	NUM
cblr-1693	176	4	,	,	PUNCT
cblr-1693	176	5	165	165	NUM
cblr-1693	176	6	(	(	PUNCT
cblr-1693	176	7	2011	2011	NUM
cblr-1693	176	8	)	)	PUNCT
cblr-1693	176	9	(	(	PUNCT
cblr-1693	176	10	“	"	PUNCT
cblr-1693	176	11	a	a	DET
cblr-1693	176	12	total	total	ADJ
cblr-1693	176	13	return	return	NOUN
cblr-1693	176	14	swap	swap	NOUN
cblr-1693	176	15	is	be	AUX
cblr-1693	176	16	an	an	DET
cblr-1693	176	17	agreement	agreement	NOUN
cblr-1693	176	18	under	under	ADP
cblr-1693	176	19	which	which	PRON
cblr-1693	176	20	one	one	NUM
cblr-1693	176	21	party	party	NOUN
cblr-1693	176	22	makes	make	VERB
cblr-1693	176	23	periodic	periodic	ADJ
cblr-1693	176	24	interest	interest	NOUN
cblr-1693	176	25	payments	payment	NOUN
cblr-1693	176	26	and	and	CCONJ
cblr-1693	176	27	the	the	DET
cblr-1693	176	28	other	other	ADJ
cblr-1693	176	29	makes	make	VERB
cblr-1693	176	30	payments	payment	NOUN
cblr-1693	176	31	based	base	VERB
cblr-1693	176	32	on	on	ADP
cblr-1693	176	33	the	the	DET
cblr-1693	176	34	return	return	NOUN
cblr-1693	176	35	of	of	ADP
cblr-1693	176	36	an	an	DET
cblr-1693	176	37	underlying	underlie	VERB
cblr-1693	176	38	asset	asset	NOUN
cblr-1693	176	39	.	.	PUNCT
cblr-1693	176	40	”	"	PUNCT
cblr-1693	176	41	)	)	PUNCT
cblr-1693	176	42	.	.	PUNCT
cblr-1693	177	1	in	in	ADP
cblr-1693	177	2	addition	addition	NOUN
cblr-1693	177	3	to	to	ADP
cblr-1693	177	4	operating	operate	VERB
cblr-1693	177	5	as	as	ADP
cblr-1693	177	6	a	a	DET
cblr-1693	177	7	transaction	transaction	NOUN
cblr-1693	177	8	where	where	SCONJ
cblr-1693	177	9	one	one	NUM
cblr-1693	177	10	side	side	NOUN
cblr-1693	177	11	is	be	AUX
cblr-1693	177	12	seeking	seek	VERB
cblr-1693	177	13	to	to	PART
cblr-1693	177	14	be	be	AUX
cblr-1693	177	15	risk	risk	NOUN
cblr-1693	177	16	neutral	neutral	ADJ
cblr-1693	177	17	,	,	PUNCT
cblr-1693	177	18	see	see	VERB
cblr-1693	177	19	supra	supra	PROPN
cblr-1693	177	20	note	note	PROPN
cblr-1693	177	21	33	33	NUM
cblr-1693	177	22	and	and	CCONJ
cblr-1693	177	23	accompanying	accompany	VERB
cblr-1693	177	24	text	text	NOUN
cblr-1693	177	25	,	,	PUNCT
cblr-1693	177	26	these	these	DET
cblr-1693	177	27	transactions	transaction	NOUN
cblr-1693	177	28	can	can	AUX
cblr-1693	177	29	also	also	ADV
cblr-1693	177	30	involve	involve	VERB
cblr-1693	177	31	parties	party	NOUN
cblr-1693	177	32	who	who	PRON
cblr-1693	177	33	are	be	AUX
cblr-1693	177	34	both	both	CCONJ
cblr-1693	177	35	interested	interested	ADJ
cblr-1693	177	36	in	in	ADP
cblr-1693	177	37	taking	take	VERB
cblr-1693	177	38	on	on	ADP
cblr-1693	177	39	different	different	ADJ
cblr-1693	177	40	types	type	NOUN
cblr-1693	177	41	of	of	ADP
cblr-1693	177	42	risk	risk	NOUN
cblr-1693	177	43	that	that	PRON
cblr-1693	177	44	are	be	AUX
cblr-1693	177	45	currently	currently	ADV
cblr-1693	177	46	held	hold	VERB
cblr-1693	177	47	by	by	ADP
cblr-1693	177	48	the	the	DET
cblr-1693	177	49	other	other	ADJ
cblr-1693	177	50	side	side	NOUN
cblr-1693	177	51	(	(	PUNCT
cblr-1693	177	52	for	for	ADP
cblr-1693	177	53	instance	instance	NOUN
cblr-1693	177	54	,	,	PUNCT
cblr-1693	177	55	the	the	DET
cblr-1693	177	56	risk	risk	NOUN
cblr-1693	177	57	of	of	ADP
cblr-1693	177	58	an	an	DET
cblr-1693	177	59	underlier	underlier	NOUN
cblr-1693	177	60	in	in	ADP
cblr-1693	177	61	exchange	exchange	NOUN
cblr-1693	177	62	for	for	ADP
cblr-1693	177	63	the	the	DET
cblr-1693	177	64	risk	risk	NOUN
cblr-1693	177	65	of	of	ADP
cblr-1693	177	66	an	an	DET
cblr-1693	177	67	interest	interest	NOUN
cblr-1693	177	68	benchmark	benchmark	NOUN
cblr-1693	177	69	)	)	PUNCT
cblr-1693	177	70	—	—	PUNCT
cblr-1693	177	71	in	in	ADP
cblr-1693	177	72	other	other	ADJ
cblr-1693	177	73	words	word	NOUN
cblr-1693	177	74	,	,	PUNCT
cblr-1693	177	75	a	a	DET
cblr-1693	177	76	“	"	PUNCT
cblr-1693	177	77	swap	swap	NOUN
cblr-1693	177	78	”	"	PUNCT
cblr-1693	177	79	of	of	ADP
cblr-1693	177	80	risk	risk	NOUN
cblr-1693	177	81	profiles	profile	NOUN
cblr-1693	177	82	.	.	PUNCT
cblr-1693	178	1	35	35	NUM
cblr-1693	178	2	see	see	VERB
cblr-1693	178	3	finnerty	finnerty	PROPN
cblr-1693	178	4	&	&	CCONJ
cblr-1693	178	5	pathak	pathak	PROPN
cblr-1693	178	6	,	,	PUNCT
cblr-1693	178	7	supra	supra	PROPN
cblr-1693	178	8	note	note	PROPN
cblr-1693	178	9	33	33	NUM
cblr-1693	178	10	,	,	PUNCT
cblr-1693	178	11	at	at	ADP
cblr-1693	178	12	85	85	NUM
cblr-1693	178	13	(	(	PUNCT
cblr-1693	178	14	“	"	PUNCT
cblr-1693	178	15	a	a	DET
cblr-1693	178	16	clever	clever	ADJ
cblr-1693	178	17	derivatives	derivative	NOUN
cblr-1693	178	18	trader	trader	NOUN
cblr-1693	178	19	can	can	AUX
cblr-1693	178	20	use	use	VERB
cblr-1693	178	21	different	different	ADJ
cblr-1693	178	22	derivative	derivative	ADJ
cblr-1693	178	23	instruments	instrument	NOUN
cblr-1693	178	24	almost	almost	ADV
cblr-1693	178	25	interchangeably	interchangeably	ADV
cblr-1693	178	26	to	to	PART
cblr-1693	178	27	achieve	achieve	VERB
cblr-1693	178	28	any	any	DET
cblr-1693	178	29	particular	particular	ADJ
cblr-1693	178	30	payoff	payoff	NOUN
cblr-1693	178	31	pattern	pattern	NOUN
cblr-1693	178	32	.	.	PUNCT
cblr-1693	178	33	”	"	PUNCT
cblr-1693	178	34	)	)	PUNCT
cblr-1693	178	35	.	.	PUNCT
cblr-1693	179	1	this	this	DET
cblr-1693	179	2	adaptability	adaptability	NOUN
cblr-1693	179	3	is	be	AUX
cblr-1693	179	4	a	a	DET
cblr-1693	179	5	central	central	ADJ
cblr-1693	179	6	feature	feature	NOUN
cblr-1693	179	7	of	of	ADP
cblr-1693	179	8	swaps	swap	NOUN
cblr-1693	179	9	when	when	SCONJ
cblr-1693	179	10	they	they	PRON
cblr-1693	179	11	are	be	AUX
cblr-1693	179	12	used	use	VERB
cblr-1693	179	13	for	for	ADP
cblr-1693	179	14	hedging	hedging	NOUN
cblr-1693	179	15	purposes	purpose	NOUN
cblr-1693	179	16	.	.	PUNCT
cblr-1693	180	1	parties	party	NOUN
cblr-1693	180	2	interested	interested	ADJ
cblr-1693	180	3	in	in	ADP
cblr-1693	180	4	hedging	hedge	VERB
cblr-1693	180	5	the	the	DET
cblr-1693	180	6	risk	risk	NOUN
cblr-1693	180	7	of	of	ADP
cblr-1693	180	8	their	their	PRON
cblr-1693	180	9	investments	investment	NOUN
cblr-1693	180	10	can	can	AUX
cblr-1693	180	11	(	(	PUNCT
cblr-1693	180	12	and	and	CCONJ
cblr-1693	180	13	often	often	ADV
cblr-1693	180	14	do	do	AUX
cblr-1693	180	15	)	)	PUNCT
cblr-1693	180	16	enter	enter	VERB
cblr-1693	180	17	into	into	ADP
cblr-1693	180	18	derivatives	derivative	NOUN
cblr-1693	180	19	to	to	PART
cblr-1693	180	20	do	do	VERB
cblr-1693	180	21	so	so	ADV
cblr-1693	180	22	.	.	PUNCT
cblr-1693	181	1	for	for	SCONJ
cblr-1693	181	2	this	this	DET
cblr-1693	181	3	hedging	hedging	NOUN
cblr-1693	181	4	to	to	PART
cblr-1693	181	5	be	be	AUX
cblr-1693	181	6	effective	effective	ADJ
cblr-1693	181	7	,	,	PUNCT
cblr-1693	181	8	though	though	ADV
cblr-1693	181	9	,	,	PUNCT
cblr-1693	181	10	the	the	DET
cblr-1693	181	11	investor	investor	NOUN
cblr-1693	181	12	must	must	AUX
cblr-1693	181	13	tailor	tailor	VERB
cblr-1693	181	14	the	the	DET
cblr-1693	181	15	derivative	derivative	ADJ
cblr-1693	181	16	contract	contract	NOUN
cblr-1693	181	17	to	to	PART
cblr-1693	181	18	mimic	mimic	VERB
cblr-1693	181	19	the	the	DET
cblr-1693	181	20	terms	term	NOUN
cblr-1693	181	21	of	of	ADP
cblr-1693	181	22	the	the	DET
cblr-1693	181	23	underlying	underlie	VERB
cblr-1693	181	24	asset	asset	NOUN
cblr-1693	181	25	—	—	PUNCT
cblr-1693	181	26	any	any	DET
cblr-1693	181	27	difference	difference	NOUN
cblr-1693	181	28	in	in	ADP
cblr-1693	181	29	terms	term	NOUN
cblr-1693	181	30	will	will	AUX
cblr-1693	181	31	undermine	undermine	VERB
cblr-1693	181	32	the	the	DET
cblr-1693	181	33	hedge	hedge	NOUN
cblr-1693	181	34	’s	’s	PART
cblr-1693	181	35	effectiveness	effectiveness	NOUN
cblr-1693	181	36	.	.	PUNCT
cblr-1693	182	1	for	for	ADP
cblr-1693	182	2	instance	instance	NOUN
cblr-1693	182	3	,	,	PUNCT
cblr-1693	182	4	if	if	SCONJ
cblr-1693	182	5	a	a	DET
cblr-1693	182	6	cds	cd	NOUN
cblr-1693	182	7	buyer	buyer	NOUN
cblr-1693	182	8	fails	fail	VERB
cblr-1693	182	9	to	to	PART
cblr-1693	182	10	align	align	VERB
cblr-1693	182	11	the	the	DET
cblr-1693	182	12	cds	cd	NOUN
cblr-1693	182	13	’s	’s	PART
cblr-1693	182	14	payment	payment	NOUN
cblr-1693	182	15	timing	timing	NOUN
cblr-1693	182	16	with	with	ADP
cblr-1693	182	17	that	that	PRON
cblr-1693	182	18	of	of	ADP
cblr-1693	182	19	the	the	DET
cblr-1693	182	20	underlying	underlie	VERB
cblr-1693	182	21	debt	debt	NOUN
cblr-1693	182	22	,	,	PUNCT
cblr-1693	182	23	the	the	DET
cblr-1693	182	24	gap	gap	NOUN
cblr-1693	182	25	will	will	AUX
cblr-1693	182	26	cause	cause	VERB
cblr-1693	182	27	the	the	DET
cblr-1693	182	28	buyer	buyer	NOUN
cblr-1693	182	29	to	to	PART
cblr-1693	182	30	take	take	VERB
cblr-1693	182	31	on	on	ADP
cblr-1693	182	32	the	the	DET
cblr-1693	182	33	risk	risk	NOUN
cblr-1693	182	34	of	of	ADP
cblr-1693	182	35	currency	currency	NOUN
cblr-1693	182	36	or	or	CCONJ
cblr-1693	182	37	market	market	NOUN
cblr-1693	182	38	movements	movement	NOUN
cblr-1693	182	39	in	in	ADP
cblr-1693	182	40	the	the	DET
cblr-1693	182	41	interim	interim	NOUN
cblr-1693	182	42	,	,	PUNCT
cblr-1693	182	43	limiting	limit	VERB
cblr-1693	182	44	the	the	DET
cblr-1693	182	45	success	success	NOUN
cblr-1693	182	46	of	of	ADP
cblr-1693	182	47	their	their	PRON
cblr-1693	182	48	insurance	insurance	NOUN
cblr-1693	182	49	.	.	PUNCT
cblr-1693	183	1	swaps	swap	NOUN
cblr-1693	183	2	’	'	PUNCT
cblr-1693	183	3	flexibility	flexibility	NOUN
cblr-1693	183	4	allows	allow	VERB
cblr-1693	183	5	investors	investor	NOUN
cblr-1693	183	6	to	to	PART
cblr-1693	183	7	retain	retain	VERB
cblr-1693	183	8	some	some	DET
cblr-1693	183	9	risk	risk	NOUN
cblr-1693	183	10	in	in	ADP
cblr-1693	183	11	this	this	DET
cblr-1693	183	12	manner	manner	NOUN
cblr-1693	183	13	intentionally	intentionally	ADV
cblr-1693	183	14	,	,	PUNCT
cblr-1693	183	15	but	but	CCONJ
cblr-1693	183	16	where	where	SCONJ
cblr-1693	183	17	the	the	DET
cblr-1693	183	18	investor	investor	NOUN
cblr-1693	183	19	intends	intend	VERB
cblr-1693	183	20	their	their	PRON
cblr-1693	183	21	hedges	hedge	NOUN
cblr-1693	183	22	to	to	PART
cblr-1693	183	23	be	be	AUX
cblr-1693	183	24	perfect	perfect	ADJ
cblr-1693	183	25	,	,	PUNCT
cblr-1693	183	26	an	an	DET
cblr-1693	183	27	off	off	ADP
cblr-1693	183	28	-	-	PUNCT
cblr-1693	183	29	the	the	DET
cblr-1693	183	30	-	-	PUNCT
cblr-1693	183	31	shelf	shelf	NOUN
cblr-1693	183	32	product	product	NOUN
cblr-1693	183	33	would	would	AUX
cblr-1693	183	34	fail	fail	VERB
cblr-1693	183	35	.	.	PUNCT
cblr-1693	184	1	36	36	NUM
cblr-1693	184	2	bank	bank	NOUN
cblr-1693	184	3	for	for	ADP
cblr-1693	184	4	int’l	int’l	NUM
cblr-1693	184	5	settlements	settlement	NOUN
cblr-1693	184	6	,	,	PUNCT
cblr-1693	184	7	statistical	statistical	ADJ
cblr-1693	184	8	release	release	NOUN
cblr-1693	184	9	:	:	PUNCT
cblr-1693	184	10	otc	otc	PROPN
cblr-1693	184	11	derivatives	derivative	NOUN
cblr-1693	184	12	statistics	statistic	NOUN
cblr-1693	184	13	at	at	ADP
cblr-1693	184	14	end	end	NOUN
cblr-1693	184	15	-	-	PUNCT
cblr-1693	184	16	june	june	PROPN
cblr-1693	184	17	2017	2017	NUM
cblr-1693	184	18	2	2	NUM
cblr-1693	184	19	(	(	PUNCT
cblr-1693	184	20	nov	nov	PROPN
cblr-1693	184	21	.	.	PROPN
cblr-1693	184	22	2	2	NUM
cblr-1693	184	23	,	,	PUNCT
cblr-1693	184	24	2017	2017	NUM
cblr-1693	184	25	)	)	PUNCT
cblr-1693	184	26	,	,	PUNCT
cblr-1693	184	27	264	264	NUM
cblr-1693	184	28	columbia	columbia	PROPN
cblr-1693	184	29	business	business	NOUN
cblr-1693	184	30	law	law	PROPN
cblr-1693	184	31	review	review	NOUN
cblr-1693	184	32	[	[	X
cblr-1693	184	33	vol	vol	NOUN
cblr-1693	184	34	.	.	NOUN
cblr-1693	184	35	2019	2019	NUM
cblr-1693	184	36	value	value	NOUN
cblr-1693	184	37	of	of	ADP
cblr-1693	184	38	outstanding	outstanding	ADJ
cblr-1693	184	39	otc	otc	PROPN
cblr-1693	184	40	derivatives	derivative	NOUN
cblr-1693	184	41	contracts	contract	NOUN
cblr-1693	184	42	was	be	AUX
cblr-1693	184	43	$	$	SYM
cblr-1693	184	44	13	13	NUM
cblr-1693	184	45	trillion	trillion	NUM
cblr-1693	184	46	as	as	ADP
cblr-1693	184	47	of	of	ADP
cblr-1693	184	48	the	the	DET
cblr-1693	184	49	same	same	ADJ
cblr-1693	184	50	time.37	time.37	NOUN
cblr-1693	184	51	otc	otc	PROPN
cblr-1693	184	52	derivatives	derivative	NOUN
cblr-1693	184	53	currently	currently	ADV
cblr-1693	184	54	occupy	occupy	VERB
cblr-1693	184	55	a	a	DET
cblr-1693	184	56	significant	significant	ADJ
cblr-1693	184	57	portion	portion	NOUN
cblr-1693	184	58	of	of	ADP
cblr-1693	184	59	financial	financial	ADJ
cblr-1693	184	60	markets	market	NOUN
cblr-1693	184	61	,	,	PUNCT
cblr-1693	184	62	and	and	CCONJ
cblr-1693	184	63	their	their	PRON
cblr-1693	184	64	role	role	NOUN
cblr-1693	184	65	was	be	AUX
cblr-1693	184	66	even	even	ADV
cblr-1693	184	67	greater	great	ADJ
cblr-1693	184	68	prior	prior	ADV
cblr-1693	184	69	to	to	ADP
cblr-1693	184	70	the	the	DET
cblr-1693	184	71	financial	financial	ADJ
cblr-1693	184	72	crisis.38	crisis.38	NOUN
cblr-1693	184	73	this	this	PRON
cblr-1693	184	74	underscores	underscore	VERB
cblr-1693	184	75	the	the	DET
cblr-1693	184	76	potential	potential	NOUN
cblr-1693	184	77	these	these	DET
cblr-1693	184	78	products	product	NOUN
cblr-1693	184	79	have	have	VERB
cblr-1693	184	80	to	to	PART
cblr-1693	184	81	meaningfully	meaningfully	ADV
cblr-1693	184	82	impact	impact	VERB
cblr-1693	184	83	the	the	DET
cblr-1693	184	84	global	global	ADJ
cblr-1693	184	85	economy	economy	NOUN
cblr-1693	184	86	.	.	PUNCT
cblr-1693	185	1	b.	b.	PROPN
cblr-1693	186	1	the	the	DET
cblr-1693	186	2	role	role	NOUN
cblr-1693	186	3	of	of	ADP
cblr-1693	186	4	otc	otc	PROPN
cblr-1693	186	5	derivatives	derivative	NOUN
cblr-1693	186	6	in	in	ADP
cblr-1693	186	7	the	the	DET
cblr-1693	186	8	financial	financial	ADJ
cblr-1693	186	9	crisis	crisis	NOUN
cblr-1693	186	10	according	accord	VERB
cblr-1693	186	11	to	to	ADP
cblr-1693	186	12	the	the	DET
cblr-1693	186	13	financial	financial	ADJ
cblr-1693	186	14	crisis	crisis	NOUN
cblr-1693	186	15	inquiry	inquiry	NOUN
cblr-1693	186	16	commission	commission	NOUN
cblr-1693	186	17	,	,	PUNCT
cblr-1693	186	18	created	create	VERB
cblr-1693	186	19	to	to	PART
cblr-1693	186	20	examine	examine	VERB
cblr-1693	186	21	the	the	DET
cblr-1693	186	22	2008	2008	NUM
cblr-1693	186	23	financial	financial	ADJ
cblr-1693	186	24	crisis	crisis	NOUN
cblr-1693	186	25	’s	’s	PART
cblr-1693	186	26	causes,39	causes,39	PROPN
cblr-1693	186	27	otc	otc	PROPN
cblr-1693	186	28	derivatives	derivative	NOUN
cblr-1693	186	29	played	play	VERB
cblr-1693	186	30	a	a	DET
cblr-1693	186	31	significant	significant	ADJ
cblr-1693	186	32	role	role	NOUN
cblr-1693	186	33	in	in	ADP
cblr-1693	186	34	the	the	DET
cblr-1693	186	35	2008	2008	NUM
cblr-1693	186	36	collapse.40	collapse.40	NOUN
cblr-1693	186	37	in	in	ADP
cblr-1693	186	38	the	the	DET
cblr-1693	186	39	years	year	NOUN
cblr-1693	186	40	preceding	precede	VERB
cblr-1693	186	41	the	the	DET
cblr-1693	186	42	crisis	crisis	NOUN
cblr-1693	186	43	,	,	PUNCT
cblr-1693	186	44	the	the	DET
cblr-1693	186	45	otc	otc	PROPN
cblr-1693	186	46	derivatives	derivative	NOUN
cblr-1693	186	47	market	market	NOUN
cblr-1693	186	48	expanded	expand	VERB
cblr-1693	186	49	rapidly	rapidly	ADV
cblr-1693	186	50	,	,	PUNCT
cblr-1693	186	51	peaking	peak	VERB
cblr-1693	186	52	at	at	ADP
cblr-1693	186	53	an	an	DET
cblr-1693	186	54	outstanding	outstanding	ADJ
cblr-1693	186	55	notional	notional	ADJ
cblr-1693	186	56	amount	amount	NOUN
cblr-1693	186	57	of	of	ADP
cblr-1693	186	58	$	$	SYM
cblr-1693	186	59	672.6	672.6	NUM
cblr-1693	186	60	trillion	trillion	NUM
cblr-1693	186	61	in	in	ADP
cblr-1693	186	62	june	june	PROPN
cblr-1693	186	63	2008.41	2008.41	NUM
cblr-1693	186	64	this	this	DET
cblr-1693	186	65	expansion	expansion	NOUN
cblr-1693	186	66	largely	largely	ADV
cblr-1693	186	67	occurred	occur	VERB
cblr-1693	186	68	following	follow	VERB
cblr-1693	186	69	the	the	DET
cblr-1693	186	70	adoption	adoption	NOUN
cblr-1693	186	71	of	of	ADP
cblr-1693	186	72	the	the	DET
cblr-1693	186	73	commodity	commodity	NOUN
cblr-1693	186	74	futures	future	NOUN
cblr-1693	186	75	https://www.bis.org/publ/otc_hy1711.pdf	https://www.bis.org/publ/otc_hy1711.pdf	X
cblr-1693	187	1	[	[	X
cblr-1693	187	2	https://perma.cc/92dn-6cvj	https://perma.cc/92dn-6cvj	X
cblr-1693	187	3	]	]	X
cblr-1693	187	4	.	.	PUNCT
cblr-1693	188	1	“	"	PUNCT
cblr-1693	188	2	notional	notional	ADJ
cblr-1693	188	3	amount	amount	NOUN
cblr-1693	188	4	”	"	PUNCT
cblr-1693	188	5	refers	refer	VERB
cblr-1693	188	6	to	to	ADP
cblr-1693	188	7	the	the	DET
cblr-1693	188	8	theoretical	theoretical	ADJ
cblr-1693	188	9	value	value	NOUN
cblr-1693	188	10	of	of	ADP
cblr-1693	188	11	the	the	DET
cblr-1693	188	12	trade	trade	NOUN
cblr-1693	188	13	’s	’s	PART
cblr-1693	188	14	underlying	underlie	VERB
cblr-1693	188	15	security	security	NOUN
cblr-1693	188	16	.	.	PUNCT
cblr-1693	189	1	see	see	VERB
cblr-1693	189	2	definition	definition	NOUN
cblr-1693	189	3	of	of	ADP
cblr-1693	189	4	notional	notional	ADJ
cblr-1693	189	5	value	value	NOUN
cblr-1693	189	6	,	,	PUNCT
cblr-1693	189	7	fin	fin	NOUN
cblr-1693	189	8	.	.	PUNCT
cblr-1693	189	9	times	time	NOUN
cblr-1693	189	10	,	,	PUNCT
cblr-1693	189	11	http://lexicon.ft.com/term?term=notional-value	http://lexicon.ft.com/term?term=notional-value	PROPN
cblr-1693	189	12	[	[	X
cblr-1693	189	13	https://perma.cc/u85tra38	https://perma.cc/u85tra38	X
cblr-1693	189	14	]	]	X
cblr-1693	189	15	.	.	PUNCT
cblr-1693	190	1	for	for	ADP
cblr-1693	190	2	instance	instance	NOUN
cblr-1693	190	3	,	,	PUNCT
cblr-1693	190	4	in	in	ADP
cblr-1693	190	5	a	a	DET
cblr-1693	190	6	cds	cd	NOUN
cblr-1693	190	7	trade	trade	NOUN
cblr-1693	190	8	where	where	SCONJ
cblr-1693	190	9	the	the	DET
cblr-1693	190	10	cds	cd	NOUN
cblr-1693	190	11	buyer	buyer	NOUN
cblr-1693	190	12	is	be	AUX
cblr-1693	190	13	purchasing	purchase	VERB
cblr-1693	190	14	protection	protection	NOUN
cblr-1693	190	15	for	for	ADP
cblr-1693	190	16	the	the	DET
cblr-1693	190	17	credit	credit	NOUN
cblr-1693	190	18	risk	risk	NOUN
cblr-1693	190	19	of	of	ADP
cblr-1693	190	20	a	a	DET
cblr-1693	190	21	$	$	SYM
cblr-1693	190	22	1	1	NUM
cblr-1693	190	23	million	million	NUM
cblr-1693	190	24	loan	loan	NOUN
cblr-1693	190	25	,	,	PUNCT
cblr-1693	190	26	the	the	DET
cblr-1693	190	27	notional	notional	ADJ
cblr-1693	190	28	amount	amount	NOUN
cblr-1693	190	29	of	of	ADP
cblr-1693	190	30	the	the	DET
cblr-1693	190	31	cds	cd	NOUN
cblr-1693	190	32	is	be	AUX
cblr-1693	190	33	$	$	SYM
cblr-1693	190	34	1	1	NUM
cblr-1693	190	35	million	million	NUM
cblr-1693	190	36	.	.	PUNCT
cblr-1693	191	1	37	37	NUM
cblr-1693	192	1	i	i	PRON
cblr-1693	192	2	d.	d.	PROPN
cblr-1693	192	3	gross	gross	ADJ
cblr-1693	192	4	market	market	NOUN
cblr-1693	192	5	value	value	NOUN
cblr-1693	192	6	refers	refer	VERB
cblr-1693	192	7	to	to	ADP
cblr-1693	192	8	the	the	DET
cblr-1693	192	9	value	value	NOUN
cblr-1693	192	10	of	of	ADP
cblr-1693	192	11	the	the	DET
cblr-1693	192	12	actual	actual	ADJ
cblr-1693	192	13	product	product	NOUN
cblr-1693	192	14	,	,	PUNCT
cblr-1693	192	15	i.e.	i.e.	X
cblr-1693	192	16	the	the	DET
cblr-1693	192	17	fee	fee	NOUN
cblr-1693	192	18	it	it	PRON
cblr-1693	192	19	costs	cost	VERB
cblr-1693	192	20	to	to	PART
cblr-1693	192	21	purchase	purchase	VERB
cblr-1693	192	22	the	the	DET
cblr-1693	192	23	derivative	derivative	NOUN
cblr-1693	192	24	.	.	PUNCT
cblr-1693	193	1	see	see	VERB
cblr-1693	193	2	glossary	glossary	NOUN
cblr-1693	193	3	,	,	PUNCT
cblr-1693	193	4	gross	gross	ADJ
cblr-1693	193	5	market	market	NOUN
cblr-1693	193	6	value	value	NOUN
cblr-1693	193	7	,	,	PUNCT
cblr-1693	193	8	bank	bank	NOUN
cblr-1693	193	9	for	for	ADP
cblr-1693	193	10	int’l	int’l	NUM
cblr-1693	193	11	settlements	settlement	NOUN
cblr-1693	193	12	,	,	PUNCT
cblr-1693	193	13	https://www.bis.org/statistics/glossary	https://www.bis.org/statistics/glossary	PROPN
cblr-1693	193	14	.	.	PUNCT
cblr-1693	194	1	htm?&selection=312&scope	htm?&selection=312&scope	NOUN
cblr-1693	194	2	=	=	SYM
cblr-1693	194	3	statistics&c	statistics&c	PROPN
cblr-1693	194	4	=	=	NOUN
cblr-1693	194	5	a&base	a&base	ADJ
cblr-1693	194	6	=	=	NOUN
cblr-1693	194	7	term	term	NOUN
cblr-1693	194	8	[	[	X
cblr-1693	194	9	https://perma.cc	https://perma.cc	VERB
cblr-1693	194	10	/8ltr	/8ltr	NOUN
cblr-1693	194	11	-	-	PUNCT
cblr-1693	194	12	mlhn	mlhn	NOUN
cblr-1693	194	13	]	]	PUNCT
cblr-1693	194	14	(	(	PUNCT
cblr-1693	194	15	“	"	PUNCT
cblr-1693	194	16	sum	sum	NOUN
cblr-1693	194	17	of	of	ADP
cblr-1693	194	18	the	the	DET
cblr-1693	194	19	absolute	absolute	ADJ
cblr-1693	194	20	values	value	NOUN
cblr-1693	194	21	of	of	ADP
cblr-1693	194	22	all	all	DET
cblr-1693	194	23	outstanding	outstanding	ADJ
cblr-1693	194	24	derivatives	derivative	NOUN
cblr-1693	194	25	contracts	contract	NOUN
cblr-1693	194	26	with	with	ADP
cblr-1693	194	27	either	either	CCONJ
cblr-1693	194	28	positive	positive	ADJ
cblr-1693	194	29	or	or	CCONJ
cblr-1693	194	30	negative	negative	ADJ
cblr-1693	194	31	replacement	replacement	NOUN
cblr-1693	194	32	values	value	NOUN
cblr-1693	194	33	evaluated	evaluate	VERB
cblr-1693	194	34	at	at	ADP
cblr-1693	194	35	market	market	NOUN
cblr-1693	194	36	prices	price	NOUN
cblr-1693	194	37	prevailing	prevail	VERB
cblr-1693	194	38	on	on	ADP
cblr-1693	194	39	the	the	DET
cblr-1693	194	40	reporting	reporting	NOUN
cblr-1693	194	41	date	date	NOUN
cblr-1693	194	42	.	.	PUNCT
cblr-1693	194	43	”	"	PUNCT
cblr-1693	194	44	)	)	PUNCT
cblr-1693	194	45	.	.	PUNCT
cblr-1693	195	1	38	38	NUM
cblr-1693	195	2	see	see	VERB
cblr-1693	195	3	infra	infra	NOUN
cblr-1693	195	4	section	section	NOUN
cblr-1693	195	5	ii.b	ii.b	NOUN
cblr-1693	195	6	.	.	PUNCT
cblr-1693	196	1	39	39	NUM
cblr-1693	196	2	see	see	VERB
cblr-1693	196	3	fin	fin	NOUN
cblr-1693	196	4	.	.	PUNCT
cblr-1693	197	1	crisis	crisis	NOUN
cblr-1693	197	2	inquiry	inquiry	NOUN
cblr-1693	197	3	report	report	NOUN
cblr-1693	197	4	,	,	PUNCT
cblr-1693	197	5	supra	supra	PROPN
cblr-1693	197	6	note	note	NOUN
cblr-1693	197	7	1	1	NUM
cblr-1693	197	8	,	,	PUNCT
cblr-1693	197	9	at	at	ADP
cblr-1693	197	10	xi	xi	PROPN
cblr-1693	197	11	.	.	PROPN
cblr-1693	197	12	40	40	NUM
cblr-1693	198	1	i	i	PRON
cblr-1693	198	2	d.	d.	VERB
cblr-1693	198	3	at	at	ADP
cblr-1693	198	4	xxiv	xxiv	PROPN
cblr-1693	198	5	(	(	PUNCT
cblr-1693	198	6	“	"	PUNCT
cblr-1693	198	7	we	we	PRON
cblr-1693	198	8	conclude	conclude	VERB
cblr-1693	198	9	over	over	ADP
cblr-1693	198	10	-	-	PUNCT
cblr-1693	198	11	the	the	DET
cblr-1693	198	12	-	-	PUNCT
cblr-1693	198	13	counter	counter	NOUN
cblr-1693	198	14	derivatives	derivative	NOUN
cblr-1693	198	15	contributed	contribute	VERB
cblr-1693	198	16	significantly	significantly	ADV
cblr-1693	198	17	to	to	ADP
cblr-1693	198	18	this	this	DET
cblr-1693	198	19	crisis	crisis	NOUN
cblr-1693	198	20	.	.	PUNCT
cblr-1693	198	21	”	"	PUNCT
cblr-1693	198	22	)	)	PUNCT
cblr-1693	198	23	.	.	PUNCT
cblr-1693	199	1	by	by	ADP
cblr-1693	199	2	2008	2008	NUM
cblr-1693	199	3	,	,	PUNCT
cblr-1693	199	4	“	"	PUNCT
cblr-1693	199	5	outstanding	outstanding	ADJ
cblr-1693	199	6	otc	otc	ADJ
cblr-1693	199	7	derivatives	derivative	NOUN
cblr-1693	199	8	[	[	X
cblr-1693	199	9	had	have	AUX
cblr-1693	199	10	]	]	PUNCT
cblr-1693	199	11	increased	increase	VERB
cblr-1693	199	12	more	more	ADV
cblr-1693	199	13	than	than	ADP
cblr-1693	199	14	sevenfold	sevenfold	ADJ
cblr-1693	199	15	to	to	ADP
cblr-1693	199	16	a	a	DET
cblr-1693	199	17	notional	notional	ADJ
cblr-1693	199	18	amount	amount	NOUN
cblr-1693	199	19	of	of	ADP
cblr-1693	199	20	$	$	SYM
cblr-1693	199	21	672.6	672.6	NUM
cblr-1693	199	22	trillion	trillion	NUM
cblr-1693	199	23	;	;	PUNCT
cblr-1693	199	24	their	their	PRON
cblr-1693	199	25	gross	gross	ADJ
cblr-1693	199	26	market	market	NOUN
cblr-1693	199	27	value	value	NOUN
cblr-1693	199	28	was	be	AUX
cblr-1693	199	29	$	$	SYM
cblr-1693	199	30	20.3	20.3	NUM
cblr-1693	199	31	trillion	trillion	NUM
cblr-1693	199	32	.	.	PUNCT
cblr-1693	199	33	”	"	PUNCT
cblr-1693	200	1	i	i	PRON
cblr-1693	200	2	d.	d.	VERB
cblr-1693	200	3	in	in	ADP
cblr-1693	200	4	particular	particular	ADJ
cblr-1693	200	5	,	,	PUNCT
cblr-1693	200	6	former	former	ADJ
cblr-1693	200	7	-	-	PUNCT
cblr-1693	200	8	u.s	u.s	PROPN
cblr-1693	200	9	.	.	PROPN
cblr-1693	200	10	treasury	treasury	PROPN
cblr-1693	200	11	secretary	secretary	PROPN
cblr-1693	200	12	lawrence	lawrence	PROPN
cblr-1693	200	13	summers	summers	PROPN
cblr-1693	200	14	noted	note	VERB
cblr-1693	200	15	that	that	SCONJ
cblr-1693	200	16	“	"	PUNCT
cblr-1693	200	17	the	the	DET
cblr-1693	200	18	derivatives	derivative	NOUN
cblr-1693	200	19	that	that	PRON
cblr-1693	200	20	proved	prove	VERB
cblr-1693	200	21	to	to	PART
cblr-1693	200	22	be	be	AUX
cblr-1693	200	23	by	by	ADP
cblr-1693	200	24	far	far	ADV
cblr-1693	200	25	the	the	DET
cblr-1693	200	26	most	most	ADV
cblr-1693	200	27	serious	serious	ADJ
cblr-1693	200	28	,	,	PUNCT
cblr-1693	200	29	those	those	PRON
cblr-1693	200	30	associated	associate	VERB
cblr-1693	200	31	with	with	ADP
cblr-1693	200	32	credit	credit	NOUN
cblr-1693	200	33	default	default	NOUN
cblr-1693	200	34	swaps	swap	NOUN
cblr-1693	200	35	,	,	PUNCT
cblr-1693	200	36	increased	increase	VERB
cblr-1693	200	37	100	100	NUM
cblr-1693	200	38	fold	fold	NOUN
cblr-1693	200	39	between	between	ADP
cblr-1693	200	40	2000	2000	NUM
cblr-1693	200	41	and	and	CCONJ
cblr-1693	200	42	2008	2008	NUM
cblr-1693	200	43	.	.	PUNCT
cblr-1693	200	44	”	"	PUNCT
cblr-1693	201	1	i	i	PRON
cblr-1693	201	2	d.	d.	PROPN
cblr-1693	201	3	at	at	ADP
cblr-1693	201	4	49	49	NUM
cblr-1693	201	5	(	(	PUNCT
cblr-1693	201	6	internal	internal	ADJ
cblr-1693	201	7	citation	citation	NOUN
cblr-1693	201	8	omitted	omit	VERB
cblr-1693	201	9	)	)	PUNCT
cblr-1693	201	10	.	.	PUNCT
cblr-1693	202	1	41	41	NUM
cblr-1693	203	1	i	i	PRON
cblr-1693	203	2	d.	d.	PROPN
cblr-1693	203	3	at	at	ADP
cblr-1693	203	4	48	48	NUM
cblr-1693	203	5	(	(	PUNCT
cblr-1693	203	6	noting	note	VERB
cblr-1693	203	7	also	also	ADV
cblr-1693	203	8	that	that	SCONJ
cblr-1693	203	9	the	the	DET
cblr-1693	203	10	gross	gross	ADJ
cblr-1693	203	11	market	market	NOUN
cblr-1693	203	12	value	value	NOUN
cblr-1693	203	13	of	of	ADP
cblr-1693	203	14	outstanding	outstanding	ADJ
cblr-1693	203	15	otc	otc	PROPN
cblr-1693	203	16	derivatives	derivative	NOUN
cblr-1693	203	17	was	be	AUX
cblr-1693	203	18	$	$	SYM
cblr-1693	203	19	20.3	20.3	NUM
cblr-1693	203	20	trillion	trillion	NUM
cblr-1693	203	21	)	)	PUNCT
cblr-1693	203	22	.	.	PUNCT
cblr-1693	204	1	no	no	INTJ
cblr-1693	204	2	.	.	PUNCT
cblr-1693	205	1	1:252	1:252	NUM
cblr-1693	205	2	]	]	X
cblr-1693	205	3	to	to	PART
cblr-1693	205	4	clear	clear	ADJ
cblr-1693	205	5	or	or	CCONJ
cblr-1693	205	6	not	not	PART
cblr-1693	205	7	to	to	PART
cblr-1693	205	8	clear	clear	VERB
cblr-1693	205	9	265	265	NUM
cblr-1693	205	10	modernization	modernization	NOUN
cblr-1693	205	11	act	act	NOUN
cblr-1693	205	12	of	of	ADP
cblr-1693	205	13	2000,42	2000,42	NUM
cblr-1693	205	14	which	which	PRON
cblr-1693	205	15	deregulated	deregulate	VERB
cblr-1693	205	16	the	the	DET
cblr-1693	205	17	otc	otc	PROPN
cblr-1693	205	18	derivatives	derivative	NOUN
cblr-1693	205	19	market.43	market.43	NOUN
cblr-1693	205	20	while	while	SCONJ
cblr-1693	205	21	many	many	ADJ
cblr-1693	205	22	institutions	institution	NOUN
cblr-1693	205	23	used	use	VERB
cblr-1693	205	24	otc	otc	PROPN
cblr-1693	205	25	derivatives	derivative	NOUN
cblr-1693	205	26	to	to	PART
cblr-1693	205	27	hedge	hedge	VERB
cblr-1693	205	28	risk	risk	NOUN
cblr-1693	205	29	,	,	PUNCT
cblr-1693	205	30	these	these	DET
cblr-1693	205	31	derivatives	derivative	NOUN
cblr-1693	205	32	’	'	PUNCT
cblr-1693	205	33	unregulated	unregulated	ADJ
cblr-1693	205	34	status	status	NOUN
cblr-1693	205	35	prior	prior	ADV
cblr-1693	205	36	to	to	ADP
cblr-1693	205	37	the	the	DET
cblr-1693	205	38	financial	financial	ADJ
cblr-1693	205	39	crisis	crisis	NOUN
cblr-1693	205	40	also	also	ADV
cblr-1693	205	41	made	make	VERB
cblr-1693	205	42	them	they	PRON
cblr-1693	205	43	a	a	DET
cblr-1693	205	44	costeffective	costeffective	ADJ
cblr-1693	205	45	investment	investment	NOUN
cblr-1693	205	46	strategy	strategy	NOUN
cblr-1693	205	47	.	.	PUNCT
cblr-1693	206	1	as	as	ADP
cblr-1693	206	2	a	a	DET
cblr-1693	206	3	result	result	NOUN
cblr-1693	206	4	,	,	PUNCT
cblr-1693	206	5	otc	otc	PROPN
cblr-1693	206	6	derivatives	derivative	NOUN
cblr-1693	206	7	often	often	ADV
cblr-1693	206	8	served	serve	VERB
cblr-1693	206	9	as	as	ADP
cblr-1693	206	10	a	a	DET
cblr-1693	206	11	mechanism	mechanism	NOUN
cblr-1693	206	12	to	to	PART
cblr-1693	206	13	increase	increase	VERB
cblr-1693	206	14	leverage.44	leverage.44	NOUN
cblr-1693	206	15	this	this	DET
cblr-1693	206	16	widespread	widespread	ADJ
cblr-1693	206	17	use	use	NOUN
cblr-1693	206	18	of	of	ADP
cblr-1693	206	19	otc	otc	PROPN
cblr-1693	206	20	derivatives	derivative	NOUN
cblr-1693	206	21	had	have	VERB
cblr-1693	206	22	two	two	NUM
cblr-1693	206	23	important	important	ADJ
cblr-1693	206	24	consequences	consequence	NOUN
cblr-1693	206	25	for	for	ADP
cblr-1693	206	26	the	the	DET
cblr-1693	206	27	financial	financial	ADJ
cblr-1693	206	28	crisis	crisis	NOUN
cblr-1693	206	29	’	'	PUNCT
cblr-1693	206	30	depth	depth	NOUN
cblr-1693	206	31	and	and	CCONJ
cblr-1693	206	32	breadth	breadth	NOUN
cblr-1693	206	33	.	.	PUNCT
cblr-1693	207	1	first	first	ADV
cblr-1693	207	2	,	,	PUNCT
cblr-1693	207	3	the	the	DET
cblr-1693	207	4	lack	lack	NOUN
cblr-1693	207	5	of	of	ADP
cblr-1693	207	6	regulation	regulation	NOUN
cblr-1693	207	7	allowed	allow	VERB
cblr-1693	207	8	for	for	ADP
cblr-1693	207	9	increased	increase	VERB
cblr-1693	207	10	leverage	leverage	NOUN
cblr-1693	207	11	,	,	PUNCT
cblr-1693	207	12	leading	lead	VERB
cblr-1693	207	13	to	to	ADP
cblr-1693	207	14	significant	significant	ADJ
cblr-1693	207	15	derivative	derivative	ADJ
cblr-1693	207	16	positions.45	positions.45	NOUN
cblr-1693	207	17	these	these	DET
cblr-1693	207	18	large	large	ADJ
cblr-1693	207	19	positions	position	NOUN
cblr-1693	207	20	included	include	VERB
cblr-1693	207	21	significant	significant	ADJ
cblr-1693	207	22	stakes	stake	NOUN
cblr-1693	207	23	in	in	ADP
cblr-1693	207	24	cdss	cdss	PROPN
cblr-1693	207	25	,	,	PUNCT
cblr-1693	207	26	which	which	PRON
cblr-1693	207	27	were	be	AUX
cblr-1693	207	28	often	often	ADV
cblr-1693	207	29	used	use	VERB
cblr-1693	207	30	to	to	PART
cblr-1693	207	31	insure	insure	VERB
cblr-1693	207	32	the	the	DET
cblr-1693	207	33	credit	credit	NOUN
cblr-1693	207	34	risk	risk	NOUN
cblr-1693	207	35	of	of	ADP
cblr-1693	207	36	mortgage	mortgage	NOUN
cblr-1693	207	37	-	-	PUNCT
cblr-1693	207	38	backed	back	VERB
cblr-1693	207	39	securities	security	NOUN
cblr-1693	207	40	and	and	CCONJ
cblr-1693	207	41	collateralized	collateralized	ADJ
cblr-1693	207	42	debt	debt	NOUN
cblr-1693	207	43	obligations.46	obligations.46	PROPN
cblr-1693	207	44	as	as	ADP
cblr-1693	207	45	a	a	DET
cblr-1693	207	46	result	result	NOUN
cblr-1693	207	47	,	,	PUNCT
cblr-1693	207	48	the	the	DET
cblr-1693	207	49	housing	housing	NOUN
cblr-1693	207	50	crisis	crisis	NOUN
cblr-1693	207	51	of	of	ADP
cblr-1693	207	52	2007	2007	NUM
cblr-1693	207	53	—	—	PUNCT
cblr-1693	207	54	and	and	CCONJ
cblr-1693	207	55	the	the	DET
cblr-1693	207	56	associated	associated	ADJ
cblr-1693	207	57	rise	rise	NOUN
cblr-1693	207	58	in	in	ADP
cblr-1693	207	59	mortgage	mortgage	NOUN
cblr-1693	207	60	defaults	default	NOUN
cblr-1693	207	61	—	—	PUNCT
cblr-1693	207	62	42	42	NUM
cblr-1693	207	63	commodity	commodity	NOUN
cblr-1693	207	64	futures	future	NOUN
cblr-1693	207	65	modernization	modernization	PROPN
cblr-1693	207	66	act	act	NOUN
cblr-1693	207	67	of	of	ADP
cblr-1693	207	68	2000	2000	NUM
cblr-1693	207	69	,	,	PUNCT
cblr-1693	207	70	pub	pub	NOUN
cblr-1693	207	71	.	.	PUNCT
cblr-1693	208	1	l.	l.	PROPN
cblr-1693	208	2	no	no	INTJ
cblr-1693	208	3	.	.	PROPN
cblr-1693	209	1	106	106	NUM
cblr-1693	209	2	-	-	SYM
cblr-1693	209	3	554	554	NUM
cblr-1693	209	4	,	,	PUNCT
cblr-1693	209	5	114	114	NUM
cblr-1693	209	6	stat	stat	NOUN
cblr-1693	209	7	.	.	PUNCT
cblr-1693	210	1	2763	2763	NUM
cblr-1693	210	2	(	(	PUNCT
cblr-1693	210	3	2000	2000	NUM
cblr-1693	210	4	)	)	PUNCT
cblr-1693	210	5	.	.	PUNCT
cblr-1693	211	1	43	43	NUM
cblr-1693	211	2	see	see	VERB
cblr-1693	211	3	financial	financial	ADJ
cblr-1693	211	4	crisis	crisis	NOUN
cblr-1693	211	5	inquiry	inquiry	NOUN
cblr-1693	211	6	report	report	NOUN
cblr-1693	211	7	,	,	PUNCT
cblr-1693	211	8	supra	supra	PROPN
cblr-1693	211	9	note	note	NOUN
cblr-1693	211	10	1	1	NUM
cblr-1693	211	11	,	,	PUNCT
cblr-1693	211	12	at	at	ADP
cblr-1693	211	13	48	48	NUM
cblr-1693	211	14	(	(	PUNCT
cblr-1693	211	15	noting	note	VERB
cblr-1693	211	16	that	that	SCONJ
cblr-1693	211	17	the	the	DET
cblr-1693	211	18	commodity	commodity	NOUN
cblr-1693	211	19	futures	futures	PROPN
cblr-1693	211	20	modernization	modernization	PROPN
cblr-1693	211	21	act	act	NOUN
cblr-1693	211	22	of	of	ADP
cblr-1693	211	23	2000	2000	NUM
cblr-1693	211	24	(	(	PUNCT
cblr-1693	211	25	“	"	PUNCT
cblr-1693	211	26	cfma	cfma	PROPN
cblr-1693	211	27	”	"	PUNCT
cblr-1693	211	28	)	)	PUNCT
cblr-1693	211	29	“	"	PUNCT
cblr-1693	211	30	in	in	ADP
cblr-1693	211	31	essence	essence	NOUN
cblr-1693	211	32	deregulated	deregulate	VERB
cblr-1693	211	33	the	the	DET
cblr-1693	211	34	otc	otc	PROPN
cblr-1693	211	35	derivatives	derivative	NOUN
cblr-1693	211	36	market	market	NOUN
cblr-1693	211	37	and	and	CCONJ
cblr-1693	211	38	eliminated	eliminate	VERB
cblr-1693	211	39	oversight	oversight	NOUN
cblr-1693	211	40	by	by	ADP
cblr-1693	211	41	both	both	CCONJ
cblr-1693	211	42	the	the	DET
cblr-1693	211	43	cftc	cftc	PROPN
cblr-1693	211	44	and	and	CCONJ
cblr-1693	211	45	the	the	DET
cblr-1693	211	46	sec	sec	PROPN
cblr-1693	211	47	.	.	PUNCT
cblr-1693	211	48	”	"	PUNCT
cblr-1693	211	49	)	)	PUNCT
cblr-1693	211	50	.	.	PUNCT
cblr-1693	212	1	while	while	SCONJ
cblr-1693	212	2	the	the	DET
cblr-1693	212	3	cfma	cfma	NOUN
cblr-1693	212	4	allowed	allow	VERB
cblr-1693	212	5	the	the	DET
cblr-1693	212	6	sec	sec	PROPN
cblr-1693	212	7	to	to	PART
cblr-1693	212	8	retain	retain	VERB
cblr-1693	212	9	anti	anti	ADJ
cblr-1693	212	10	-	-	ADJ
cblr-1693	212	11	fraud	fraud	ADJ
cblr-1693	212	12	jurisdiction	jurisdiction	NOUN
cblr-1693	212	13	over	over	ADP
cblr-1693	212	14	securities	security	NOUN
cblr-1693	212	15	-	-	PUNCT
cblr-1693	212	16	based	base	VERB
cblr-1693	212	17	otc	otc	PROPN
cblr-1693	212	18	derivatives	derivative	NOUN
cblr-1693	212	19	,	,	PUNCT
cblr-1693	212	20	the	the	DET
cblr-1693	212	21	law	law	NOUN
cblr-1693	212	22	broadly	broadly	ADV
cblr-1693	212	23	excluded	exclude	VERB
cblr-1693	212	24	various	various	ADJ
cblr-1693	212	25	types	type	NOUN
cblr-1693	212	26	of	of	ADP
cblr-1693	212	27	swap	swap	NOUN
cblr-1693	212	28	agreements	agreement	NOUN
cblr-1693	212	29	and	and	CCONJ
cblr-1693	212	30	other	other	ADJ
cblr-1693	212	31	otc	otc	PROPN
cblr-1693	212	32	derivatives	derivative	NOUN
cblr-1693	212	33	from	from	ADP
cblr-1693	212	34	regulation	regulation	NOUN
cblr-1693	212	35	under	under	ADP
cblr-1693	212	36	the	the	DET
cblr-1693	212	37	commodities	commodity	NOUN
cblr-1693	212	38	exchange	exchange	PROPN
cblr-1693	212	39	act	act	NOUN
cblr-1693	212	40	(	(	PUNCT
cblr-1693	212	41	“	"	PUNCT
cblr-1693	212	42	cea	cea	PROPN
cblr-1693	212	43	”	"	PUNCT
cblr-1693	212	44	)	)	PUNCT
cblr-1693	212	45	.	.	PUNCT
cblr-1693	213	1	see	see	VERB
cblr-1693	213	2	i	i	PROPN
cblr-1693	213	3	d	d	PROPN
cblr-1693	213	4	;	;	PUNCT
cblr-1693	213	5	see	see	VERB
cblr-1693	213	6	also	also	ADV
cblr-1693	213	7	commodity	commodity	NOUN
cblr-1693	213	8	futures	future	NOUN
cblr-1693	213	9	modernization	modernization	PROPN
cblr-1693	213	10	act	act	NOUN
cblr-1693	213	11	of	of	ADP
cblr-1693	213	12	2000	2000	NUM
cblr-1693	213	13	,	,	PUNCT
cblr-1693	213	14	pub	pub	NOUN
cblr-1693	213	15	.	.	PUNCT
cblr-1693	214	1	l.	l.	PROPN
cblr-1693	214	2	no	no	INTJ
cblr-1693	214	3	.	.	PROPN
cblr-1693	215	1	106	106	NUM
cblr-1693	215	2	-	-	SYM
cblr-1693	215	3	554	554	NUM
cblr-1693	215	4	,	,	PUNCT
cblr-1693	215	5	114	114	NUM
cblr-1693	215	6	stat	stat	NOUN
cblr-1693	215	7	.	.	PUNCT
cblr-1693	216	1	2763	2763	NUM
cblr-1693	217	1	§	§	PROPN
cblr-1693	217	2	§	§	PROPN
cblr-1693	217	3	102–107	102–107	NUM
cblr-1693	217	4	(	(	PUNCT
cblr-1693	217	5	2000	2000	NUM
cblr-1693	217	6	)	)	PUNCT
cblr-1693	217	7	(	(	PUNCT
cblr-1693	217	8	excluding	exclude	VERB
cblr-1693	217	9	a	a	DET
cblr-1693	217	10	variety	variety	NOUN
cblr-1693	217	11	of	of	ADP
cblr-1693	217	12	product	product	NOUN
cblr-1693	217	13	types	type	NOUN
cblr-1693	217	14	including	include	VERB
cblr-1693	217	15	derivative	derivative	ADJ
cblr-1693	217	16	and	and	CCONJ
cblr-1693	217	17	swap	swap	NOUN
cblr-1693	217	18	transactions	transaction	NOUN
cblr-1693	217	19	from	from	ADP
cblr-1693	217	20	the	the	DET
cblr-1693	217	21	scope	scope	NOUN
cblr-1693	217	22	of	of	ADP
cblr-1693	217	23	the	the	DET
cblr-1693	217	24	cea	cea	PROPN
cblr-1693	217	25	and	and	CCONJ
cblr-1693	217	26	expressly	expressly	ADV
cblr-1693	217	27	stating	state	VERB
cblr-1693	217	28	that	that	SCONJ
cblr-1693	217	29	“	"	PUNCT
cblr-1693	217	30	[	[	X
cblr-1693	217	31	n]o	n]o	NOUN
cblr-1693	217	32	provision	provision	NOUN
cblr-1693	217	33	of	of	ADP
cblr-1693	217	34	[	[	PUNCT
cblr-1693	217	35	the	the	DET
cblr-1693	217	36	cea	cea	PROPN
cblr-1693	217	37	]	]	PUNCT
cblr-1693	217	38	shall	shall	AUX
cblr-1693	217	39	be	be	AUX
cblr-1693	217	40	construed	construe	VERB
cblr-1693	217	41	as	as	ADP
cblr-1693	217	42	implying	imply	VERB
cblr-1693	217	43	or	or	CCONJ
cblr-1693	217	44	creating	create	VERB
cblr-1693	217	45	any	any	DET
cblr-1693	217	46	presumption	presumption	NOUN
cblr-1693	217	47	that	that	SCONJ
cblr-1693	217	48	[	[	X
cblr-1693	217	49	any	any	DET
cblr-1693	217	50	transaction	transaction	NOUN
cblr-1693	217	51	or	or	CCONJ
cblr-1693	217	52	agreement	agreement	NOUN
cblr-1693	217	53	excluded	exclude	VERB
cblr-1693	217	54	or	or	CCONJ
cblr-1693	217	55	exempted	exempt	VERB
cblr-1693	217	56	from	from	ADP
cblr-1693	217	57	the	the	DET
cblr-1693	217	58	cea	cea	PROPN
cblr-1693	217	59	]	]	PUNCT
cblr-1693	217	60	is	be	AUX
cblr-1693	217	61	or	or	CCONJ
cblr-1693	217	62	would	would	AUX
cblr-1693	217	63	otherwise	otherwise	ADV
cblr-1693	217	64	be	be	AUX
cblr-1693	217	65	subject	subject	ADJ
cblr-1693	217	66	to	to	ADP
cblr-1693	217	67	[	[	X
cblr-1693	217	68	the	the	DET
cblr-1693	217	69	cea	cea	PROPN
cblr-1693	217	70	]	]	PUNCT
cblr-1693	217	71	.	.	PUNCT
cblr-1693	217	72	”	"	PUNCT
cblr-1693	217	73	)	)	PUNCT
cblr-1693	217	74	.	.	PUNCT
cblr-1693	218	1	44	44	NUM
cblr-1693	218	2	fin	fin	NOUN
cblr-1693	218	3	.	.	PUNCT
cblr-1693	219	1	crisis	crisis	NOUN
cblr-1693	219	2	inquiry	inquiry	NOUN
cblr-1693	219	3	report	report	NOUN
cblr-1693	219	4	,	,	PUNCT
cblr-1693	219	5	supra	supra	PROPN
cblr-1693	219	6	note	note	NOUN
cblr-1693	219	7	1	1	NUM
cblr-1693	219	8	,	,	PUNCT
cblr-1693	219	9	at	at	ADP
cblr-1693	219	10	49	49	NUM
cblr-1693	219	11	(	(	PUNCT
cblr-1693	219	12	“	"	PUNCT
cblr-1693	219	13	these	these	DET
cblr-1693	219	14	international	international	ADJ
cblr-1693	219	15	capital	capital	NOUN
cblr-1693	219	16	standards	standard	NOUN
cblr-1693	219	17	accommodated	accommodate	VERB
cblr-1693	219	18	the	the	DET
cblr-1693	219	19	shift	shift	NOUN
cblr-1693	219	20	to	to	ADP
cblr-1693	219	21	increased	increase	VERB
cblr-1693	219	22	leverage	leverage	NOUN
cblr-1693	219	23	.	.	PUNCT
cblr-1693	219	24	.	.	PUNCT
cblr-1693	219	25	.	.	PUNCT
cblr-1693	219	26	.	.	PUNCT
cblr-1693	220	1	otc	otc	PROPN
cblr-1693	220	2	derivatives	derivative	NOUN
cblr-1693	220	3	let	let	VERB
cblr-1693	220	4	derivatives	derivative	NOUN
cblr-1693	220	5	traders	trader	NOUN
cblr-1693	220	6	—	—	PUNCT
cblr-1693	220	7	including	include	VERB
cblr-1693	220	8	the	the	DET
cblr-1693	220	9	large	large	ADJ
cblr-1693	220	10	banks	bank	NOUN
cblr-1693	220	11	and	and	CCONJ
cblr-1693	220	12	investment	investment	NOUN
cblr-1693	220	13	banks	bank	NOUN
cblr-1693	220	14	—	—	PUNCT
cblr-1693	220	15	increase	increase	VERB
cblr-1693	220	16	their	their	PRON
cblr-1693	220	17	leverage	leverage	NOUN
cblr-1693	220	18	.	.	PUNCT
cblr-1693	220	19	”	"	PUNCT
cblr-1693	220	20	)	)	PUNCT
cblr-1693	220	21	.	.	PUNCT
cblr-1693	221	1	mechanically	mechanically	ADV
cblr-1693	221	2	,	,	PUNCT
cblr-1693	221	3	derivatives	derivative	NOUN
cblr-1693	221	4	allowed	allow	VERB
cblr-1693	221	5	for	for	ADP
cblr-1693	221	6	such	such	DET
cblr-1693	221	7	an	an	DET
cblr-1693	221	8	increase	increase	NOUN
cblr-1693	221	9	in	in	ADP
cblr-1693	221	10	leverage	leverage	NOUN
cblr-1693	221	11	because	because	SCONJ
cblr-1693	221	12	they	they	PRON
cblr-1693	221	13	allowed	allow	VERB
cblr-1693	221	14	for	for	SCONJ
cblr-1693	221	15	the	the	DET
cblr-1693	221	16	swapholder	swapholder	NOUN
cblr-1693	221	17	to	to	PART
cblr-1693	221	18	maintain	maintain	VERB
cblr-1693	221	19	significantly	significantly	ADV
cblr-1693	221	20	lower	low	ADJ
cblr-1693	221	21	capital	capital	NOUN
cblr-1693	221	22	reserves	reserve	NOUN
cblr-1693	221	23	,	,	PUNCT
cblr-1693	221	24	limiting	limit	VERB
cblr-1693	221	25	the	the	DET
cblr-1693	221	26	necessity	necessity	NOUN
cblr-1693	221	27	of	of	ADP
cblr-1693	221	28	up	up	ADP
cblr-1693	221	29	-	-	PUNCT
cblr-1693	221	30	front	front	NOUN
cblr-1693	221	31	costs	cost	NOUN
cblr-1693	221	32	paid	pay	VERB
cblr-1693	221	33	by	by	ADP
cblr-1693	221	34	the	the	DET
cblr-1693	221	35	investor	investor	NOUN
cblr-1693	221	36	.	.	PUNCT
cblr-1693	222	1	the	the	DET
cblr-1693	222	2	amount	amount	NOUN
cblr-1693	222	3	of	of	ADP
cblr-1693	222	4	collateral	collateral	NOUN
cblr-1693	222	5	the	the	DET
cblr-1693	222	6	investor	investor	NOUN
cblr-1693	222	7	provides	provide	VERB
cblr-1693	222	8	during	during	ADP
cblr-1693	222	9	the	the	DET
cblr-1693	222	10	life	life	NOUN
cblr-1693	222	11	of	of	ADP
cblr-1693	222	12	the	the	DET
cblr-1693	222	13	swap	swap	NOUN
cblr-1693	222	14	is	be	AUX
cblr-1693	222	15	significantly	significantly	ADV
cblr-1693	222	16	lower	low	ADJ
cblr-1693	222	17	than	than	ADP
cblr-1693	222	18	the	the	DET
cblr-1693	222	19	initial	initial	ADJ
cblr-1693	222	20	outlay	outlay	NOUN
cblr-1693	222	21	of	of	ADP
cblr-1693	222	22	purchasing	purchase	VERB
cblr-1693	222	23	the	the	DET
cblr-1693	222	24	underlying	underlie	VERB
cblr-1693	222	25	security	security	NOUN
cblr-1693	222	26	itself	itself	PRON
cblr-1693	222	27	.	.	PUNCT
cblr-1693	223	1	i	i	PRON
cblr-1693	223	2	d.	d.	PROPN
cblr-1693	223	3	45	45	NUM
cblr-1693	224	1	i	i	PRON
cblr-1693	224	2	d.	d.	PROPN
cblr-1693	224	3	at	at	ADP
cblr-1693	224	4	xix	xix	PROPN
cblr-1693	224	5	–	–	PUNCT
cblr-1693	224	6	xx	xx	PROPN
cblr-1693	224	7	.	.	PROPN
cblr-1693	224	8	46	46	NUM
cblr-1693	225	1	i	i	PRON
cblr-1693	225	2	d.	d.	PROPN
cblr-1693	225	3	at	at	ADP
cblr-1693	225	4	50	50	NUM
cblr-1693	225	5	(	(	PUNCT
cblr-1693	225	6	“	"	PUNCT
cblr-1693	225	7	a	a	DET
cblr-1693	225	8	key	key	ADJ
cblr-1693	225	9	otc	otc	PROPN
cblr-1693	225	10	derivative	derivative	NOUN
cblr-1693	225	11	in	in	ADP
cblr-1693	225	12	the	the	DET
cblr-1693	225	13	financial	financial	ADJ
cblr-1693	225	14	crisis	crisis	NOUN
cblr-1693	225	15	was	be	AUX
cblr-1693	225	16	the	the	DET
cblr-1693	225	17	credit	credit	NOUN
cblr-1693	225	18	default	default	NOUN
cblr-1693	225	19	swap	swap	NOUN
cblr-1693	225	20	[	[	X
cblr-1693	225	21	.	.	X
cblr-1693	225	22	]	]	X
cblr-1693	225	23	”	"	PUNCT
cblr-1693	225	24	)	)	PUNCT
cblr-1693	225	25	.	.	PUNCT
cblr-1693	226	1	266	266	NUM
cblr-1693	226	2	columbia	columbia	PROPN
cblr-1693	226	3	business	business	NOUN
cblr-1693	226	4	law	law	PROPN
cblr-1693	226	5	review	review	NOUN
cblr-1693	226	6	[	[	X
cblr-1693	226	7	vol	vol	NOUN
cblr-1693	226	8	.	.	NOUN
cblr-1693	226	9	2019	2019	NUM
cblr-1693	226	10	spread	spread	VERB
cblr-1693	226	11	to	to	ADP
cblr-1693	226	12	the	the	DET
cblr-1693	226	13	many	many	ADJ
cblr-1693	226	14	financial	financial	ADJ
cblr-1693	226	15	institutions	institution	NOUN
cblr-1693	226	16	trading	trade	VERB
cblr-1693	226	17	in	in	ADP
cblr-1693	226	18	the	the	DET
cblr-1693	226	19	cds	cd	NOUN
cblr-1693	226	20	market.47	market.47	PROPN
cblr-1693	226	21	second	second	ADJ
cblr-1693	226	22	,	,	PUNCT
cblr-1693	226	23	the	the	DET
cblr-1693	226	24	lack	lack	NOUN
cblr-1693	226	25	of	of	ADP
cblr-1693	226	26	transparency	transparency	NOUN
cblr-1693	226	27	in	in	ADP
cblr-1693	226	28	the	the	DET
cblr-1693	226	29	otc	otc	PROPN
cblr-1693	226	30	derivatives	derivative	NOUN
cblr-1693	226	31	market	market	NOUN
cblr-1693	226	32	obscured	obscure	VERB
cblr-1693	226	33	the	the	DET
cblr-1693	226	34	size	size	NOUN
cblr-1693	226	35	of	of	ADP
cblr-1693	226	36	these	these	DET
cblr-1693	226	37	positions	position	NOUN
cblr-1693	226	38	from	from	ADP
cblr-1693	226	39	counterparties	counterpartie	NOUN
cblr-1693	226	40	and	and	CCONJ
cblr-1693	226	41	regulators.48	regulators.48	VERB
cblr-1693	226	42	as	as	SCONJ
cblr-1693	226	43	entities	entity	NOUN
cblr-1693	226	44	increased	increase	VERB
cblr-1693	226	45	their	their	PRON
cblr-1693	226	46	leverage	leverage	NOUN
cblr-1693	226	47	,	,	PUNCT
cblr-1693	226	48	any	any	DET
cblr-1693	226	49	decline	decline	NOUN
cblr-1693	226	50	in	in	ADP
cblr-1693	226	51	the	the	DET
cblr-1693	226	52	value	value	NOUN
cblr-1693	226	53	of	of	ADP
cblr-1693	226	54	the	the	DET
cblr-1693	226	55	underlying	underlie	VERB
cblr-1693	226	56	assets	asset	NOUN
cblr-1693	226	57	could	could	AUX
cblr-1693	226	58	place	place	VERB
cblr-1693	226	59	the	the	DET
cblr-1693	226	60	trading	trading	NOUN
cblr-1693	226	61	entities	entity	NOUN
cblr-1693	226	62	in	in	ADP
cblr-1693	226	63	financial	financial	ADJ
cblr-1693	226	64	turmoil.49	turmoil.49	NOUN
cblr-1693	226	65	the	the	DET
cblr-1693	226	66	growth	growth	NOUN
cblr-1693	226	67	of	of	ADP
cblr-1693	226	68	the	the	DET
cblr-1693	226	69	general	general	ADJ
cblr-1693	226	70	otc	otc	PROPN
cblr-1693	226	71	derivatives	derivative	NOUN
cblr-1693	226	72	market	market	NOUN
cblr-1693	226	73	connected	connect	VERB
cblr-1693	226	74	financial	financial	ADJ
cblr-1693	226	75	institutions	institution	NOUN
cblr-1693	226	76	to	to	ADP
cblr-1693	226	77	one	one	NUM
cblr-1693	226	78	another	another	DET
cblr-1693	226	79	,	,	PUNCT
cblr-1693	226	80	increasing	increase	VERB
cblr-1693	226	81	the	the	DET
cblr-1693	226	82	possibility	possibility	NOUN
cblr-1693	226	83	that	that	SCONJ
cblr-1693	226	84	a	a	DET
cblr-1693	226	85	loss	loss	NOUN
cblr-1693	226	86	in	in	ADP
cblr-1693	226	87	value	value	NOUN
cblr-1693	226	88	or	or	CCONJ
cblr-1693	226	89	instability	instability	NOUN
cblr-1693	226	90	could	could	AUX
cblr-1693	226	91	result	result	VERB
cblr-1693	226	92	in	in	ADP
cblr-1693	226	93	a	a	DET
cblr-1693	226	94	chain	chain	NOUN
cblr-1693	226	95	reaction	reaction	NOUN
cblr-1693	226	96	of	of	ADP
cblr-1693	226	97	uncertainty	uncertainty	NOUN
cblr-1693	226	98	and	and	CCONJ
cblr-1693	226	99	banking	banking	NOUN
cblr-1693	226	100	runs.50	runs.50	PROPN
cblr-1693	226	101	this	this	DET
cblr-1693	226	102	heightened	heighten	VERB
cblr-1693	226	103	exposure	exposure	NOUN
cblr-1693	226	104	thus	thus	ADV
cblr-1693	226	105	subjected	subject	VERB
cblr-1693	226	106	trading	trading	NOUN
cblr-1693	226	107	counterparties	counterpartie	NOUN
cblr-1693	226	108	to	to	ADP
cblr-1693	226	109	increased	increase	VERB
cblr-1693	226	110	credit	credit	NOUN
cblr-1693	226	111	risk	risk	NOUN
cblr-1693	226	112	,	,	PUNCT
cblr-1693	226	113	but	but	CCONJ
cblr-1693	226	114	without	without	ADP
cblr-1693	226	115	insight	insight	NOUN
cblr-1693	226	116	into	into	ADP
cblr-1693	226	117	the	the	DET
cblr-1693	226	118	other	other	ADJ
cblr-1693	226	119	side	side	NOUN
cblr-1693	226	120	’s	’s	PART
cblr-1693	226	121	position	position	NOUN
cblr-1693	226	122	,	,	PUNCT
cblr-1693	226	123	neither	neither	CCONJ
cblr-1693	226	124	counterparties	counterpartie	NOUN
cblr-1693	226	125	nor	nor	CCONJ
cblr-1693	226	126	central	central	ADJ
cblr-1693	226	127	regulators	regulator	NOUN
cblr-1693	226	128	could	could	AUX
cblr-1693	226	129	gauge	gauge	VERB
cblr-1693	226	130	the	the	DET
cblr-1693	226	131	true	true	ADJ
cblr-1693	226	132	extent	extent	NOUN
cblr-1693	226	133	of	of	ADP
cblr-1693	226	134	the	the	DET
cblr-1693	226	135	systemic	systemic	ADJ
cblr-1693	226	136	risk.51	risk.51	PROPN
cblr-1693	226	137	as	as	SCONJ
cblr-1693	226	138	the	the	DET
cblr-1693	226	139	crisis	crisis	NOUN
cblr-1693	226	140	deepened	deepen	VERB
cblr-1693	226	141	,	,	PUNCT
cblr-1693	226	142	this	this	DET
cblr-1693	226	143	opacity	opacity	NOUN
cblr-1693	226	144	exacerbated	exacerbate	VERB
cblr-1693	226	145	fears	fear	NOUN
cblr-1693	226	146	that	that	SCONJ
cblr-1693	226	147	any	any	DET
cblr-1693	226	148	trading	trading	NOUN
cblr-1693	226	149	partner	partner	NOUN
cblr-1693	226	150	could	could	AUX
cblr-1693	226	151	be	be	AUX
cblr-1693	226	152	the	the	DET
cblr-1693	226	153	next	next	ADJ
cblr-1693	226	154	to	to	PART
cblr-1693	226	155	fail	fail	VERB
cblr-1693	226	156	,	,	PUNCT
cblr-1693	226	157	resulting	result	VERB
cblr-1693	226	158	in	in	ADP
cblr-1693	226	159	dramatic	dramatic	ADJ
cblr-1693	226	160	losses	loss	NOUN
cblr-1693	226	161	for	for	ADP
cblr-1693	226	162	all	all	DET
cblr-1693	226	163	counterparties	counterpartie	NOUN
cblr-1693	226	164	.	.	PUNCT
cblr-1693	227	1	this	this	DET
cblr-1693	227	2	uncertainty	uncertainty	NOUN
cblr-1693	227	3	created	create	VERB
cblr-1693	227	4	a	a	DET
cblr-1693	227	5	vicious	vicious	ADJ
cblr-1693	227	6	cycle	cycle	NOUN
cblr-1693	227	7	in	in	ADP
cblr-1693	227	8	which	which	DET
cblr-1693	227	9	doubt	doubt	NOUN
cblr-1693	227	10	between	between	ADP
cblr-1693	227	11	trading	trading	NOUN
cblr-1693	227	12	partners	partner	NOUN
cblr-1693	227	13	contracted	contract	VERB
cblr-1693	227	14	liquidity	liquidity	NOUN
cblr-1693	227	15	in	in	ADP
cblr-1693	227	16	otc	otc	PROPN
cblr-1693	227	17	derivatives	derivative	NOUN
cblr-1693	227	18	and	and	CCONJ
cblr-1693	227	19	further	far	ADV
cblr-1693	227	20	destabilized	destabilize	VERB
cblr-1693	227	21	the	the	DET
cblr-1693	227	22	alreadybuckling	alreadybuckling	NOUN
cblr-1693	227	23	markets.52	markets.52	NOUN
cblr-1693	227	24	47	47	NUM
cblr-1693	227	25	see	see	VERB
cblr-1693	227	26	i	i	PRON
cblr-1693	227	27	d.	d.	PROPN
cblr-1693	227	28	at	at	ADP
cblr-1693	227	29	213	213	NUM
cblr-1693	227	30	(	(	PUNCT
cblr-1693	227	31	“	"	PUNCT
cblr-1693	227	32	much	much	ADJ
cblr-1693	227	33	of	of	ADP
cblr-1693	227	34	the	the	DET
cblr-1693	227	35	risk	risk	NOUN
cblr-1693	227	36	from	from	ADP
cblr-1693	227	37	mortgage	mortgage	NOUN
cblr-1693	227	38	-	-	PUNCT
cblr-1693	227	39	backed	back	VERB
cblr-1693	227	40	securities	security	NOUN
cblr-1693	227	41	had	have	AUX
cblr-1693	227	42	actually	actually	ADV
cblr-1693	227	43	been	be	AUX
cblr-1693	227	44	taken	take	VERB
cblr-1693	227	45	by	by	ADP
cblr-1693	227	46	a	a	DET
cblr-1693	227	47	small	small	ADJ
cblr-1693	227	48	group	group	NOUN
cblr-1693	227	49	of	of	ADP
cblr-1693	227	50	systemically	systemically	ADV
cblr-1693	227	51	important	important	ADJ
cblr-1693	227	52	companies	company	NOUN
cblr-1693	227	53	with	with	ADP
cblr-1693	227	54	outsized	outsized	ADJ
cblr-1693	227	55	holdings	holding	NOUN
cblr-1693	227	56	.	.	PUNCT
cblr-1693	227	57	.	.	PUNCT
cblr-1693	227	58	.	.	PUNCT
cblr-1693	227	59	.	.	PUNCT
cblr-1693	228	1	these	these	DET
cblr-1693	228	2	companies	company	NOUN
cblr-1693	228	3	would	would	AUX
cblr-1693	228	4	ultimately	ultimately	ADV
cblr-1693	228	5	bear	bear	VERB
cblr-1693	228	6	great	great	ADJ
cblr-1693	228	7	losses	loss	NOUN
cblr-1693	228	8	[	[	X
cblr-1693	228	9	.	.	X
cblr-1693	228	10	]	]	X
cblr-1693	228	11	”	"	PUNCT
cblr-1693	228	12	)	)	PUNCT
cblr-1693	228	13	.	.	PUNCT
cblr-1693	229	1	48	48	NUM
cblr-1693	230	1	i	i	PRON
cblr-1693	230	2	d.	d.	PROPN
cblr-1693	230	3	at	at	ADP
cblr-1693	230	4	386	386	NUM
cblr-1693	230	5	(	(	PUNCT
cblr-1693	230	6	“	"	PUNCT
cblr-1693	230	7	lack	lack	NOUN
cblr-1693	230	8	of	of	ADP
cblr-1693	230	9	transparency	transparency	NOUN
cblr-1693	230	10	contributed	contribute	VERB
cblr-1693	230	11	greatly	greatly	ADV
cblr-1693	230	12	to	to	ADP
cblr-1693	230	13	the	the	DET
cblr-1693	230	14	crisis	crisis	NOUN
cblr-1693	230	15	:	:	PUNCT
cblr-1693	230	16	the	the	DET
cblr-1693	230	17	exposures	exposure	NOUN
cblr-1693	230	18	of	of	ADP
cblr-1693	230	19	financial	financial	ADJ
cblr-1693	230	20	institutions	institution	NOUN
cblr-1693	230	21	to	to	AUX
cblr-1693	230	22	risky	risky	ADJ
cblr-1693	230	23	mortgage	mortgage	NOUN
cblr-1693	230	24	assets	asset	NOUN
cblr-1693	230	25	and	and	CCONJ
cblr-1693	230	26	other	other	ADJ
cblr-1693	230	27	potential	potential	ADJ
cblr-1693	230	28	losses	loss	NOUN
cblr-1693	230	29	were	be	AUX
cblr-1693	230	30	unknown	unknown	ADJ
cblr-1693	230	31	to	to	PART
cblr-1693	230	32	market	market	NOUN
cblr-1693	230	33	participants	participant	NOUN
cblr-1693	230	34	,	,	PUNCT
cblr-1693	230	35	and	and	CCONJ
cblr-1693	230	36	indeed	indeed	ADV
cblr-1693	230	37	many	many	ADJ
cblr-1693	230	38	firms	firm	NOUN
cblr-1693	230	39	did	do	AUX
cblr-1693	230	40	not	not	PART
cblr-1693	230	41	know	know	VERB
cblr-1693	230	42	their	their	PRON
cblr-1693	230	43	own	own	ADJ
cblr-1693	230	44	exposures	exposure	NOUN
cblr-1693	230	45	.	.	PUNCT
cblr-1693	230	46	”	"	PUNCT
cblr-1693	230	47	)	)	PUNCT
cblr-1693	230	48	.	.	PUNCT
cblr-1693	231	1	49	49	NUM
cblr-1693	231	2	see	see	VERB
cblr-1693	231	3	i	i	PRON
cblr-1693	231	4	d.	d.	PROPN
cblr-1693	231	5	at	at	ADP
cblr-1693	231	6	xix	xix	PROPN
cblr-1693	231	7	–	–	PUNCT
cblr-1693	231	8	xx	xx	PROPN
cblr-1693	231	9	.	.	PROPN
cblr-1693	232	1	50	50	NUM
cblr-1693	232	2	see	see	VERB
cblr-1693	232	3	i	i	PRON
cblr-1693	232	4	d.	d.	PROPN
cblr-1693	232	5	at	at	ADP
cblr-1693	232	6	xx	xx	PROPN
cblr-1693	232	7	(	(	PUNCT
cblr-1693	232	8	“	"	PUNCT
cblr-1693	232	9	massive	massive	ADJ
cblr-1693	232	10	,	,	PUNCT
cblr-1693	232	11	short	short	ADJ
cblr-1693	232	12	-	-	PUNCT
cblr-1693	232	13	term	term	NOUN
cblr-1693	232	14	borrowing	borrowing	NOUN
cblr-1693	232	15	,	,	PUNCT
cblr-1693	232	16	combined	combine	VERB
cblr-1693	232	17	with	with	ADP
cblr-1693	232	18	obligations	obligation	NOUN
cblr-1693	232	19	unseen	unseen	ADJ
cblr-1693	232	20	by	by	ADP
cblr-1693	232	21	others	other	NOUN
cblr-1693	232	22	in	in	ADP
cblr-1693	232	23	the	the	DET
cblr-1693	232	24	market	market	NOUN
cblr-1693	232	25	,	,	PUNCT
cblr-1693	232	26	heightened	heighten	VERB
cblr-1693	232	27	the	the	DET
cblr-1693	232	28	chances	chance	NOUN
cblr-1693	232	29	the	the	DET
cblr-1693	232	30	system	system	NOUN
cblr-1693	232	31	could	could	AUX
cblr-1693	232	32	rapidly	rapidly	ADV
cblr-1693	232	33	unravel	unravel	VERB
cblr-1693	232	34	.	.	PUNCT
cblr-1693	232	35	”	"	PUNCT
cblr-1693	232	36	)	)	PUNCT
cblr-1693	232	37	.	.	PUNCT
cblr-1693	233	1	51	51	NUM
cblr-1693	233	2	see	see	VERB
cblr-1693	233	3	i	i	PRON
cblr-1693	233	4	d.	d.	PROPN
cblr-1693	233	5	at	at	ADP
cblr-1693	233	6	363–64	363–64	PROPN
cblr-1693	233	7	(	(	PUNCT
cblr-1693	233	8	“	"	PUNCT
cblr-1693	233	9	this	this	DET
cblr-1693	233	10	market	market	NOUN
cblr-1693	233	11	was	be	AUX
cblr-1693	233	12	unregulated	unregulated	ADJ
cblr-1693	233	13	and	and	CCONJ
cblr-1693	233	14	largely	largely	ADV
cblr-1693	233	15	opaque	opaque	ADJ
cblr-1693	233	16	,	,	PUNCT
cblr-1693	233	17	with	with	ADP
cblr-1693	233	18	no	no	DET
cblr-1693	233	19	public	public	ADJ
cblr-1693	233	20	reporting	reporting	NOUN
cblr-1693	233	21	requirements	requirement	NOUN
cblr-1693	233	22	and	and	CCONJ
cblr-1693	233	23	little	little	ADJ
cblr-1693	233	24	or	or	CCONJ
cblr-1693	233	25	no	no	PRON
cblr-1693	233	26	price	price	NOUN
cblr-1693	233	27	discovery	discovery	NOUN
cblr-1693	233	28	.	.	PUNCT
cblr-1693	233	29	”	"	PUNCT
cblr-1693	233	30	)	)	PUNCT
cblr-1693	233	31	.	.	PUNCT
cblr-1693	234	1	52	52	NUM
cblr-1693	235	1	i	i	PRON
cblr-1693	235	2	d.	d.	PROPN
cblr-1693	235	3	at	at	ADP
cblr-1693	235	4	363–64	363–64	NUM
cblr-1693	235	5	,	,	PUNCT
cblr-1693	235	6	386	386	NUM
cblr-1693	235	7	;	;	PUNCT
cblr-1693	235	8	see	see	AUX
cblr-1693	235	9	also	also	ADV
cblr-1693	235	10	clearing	clear	VERB
cblr-1693	235	11	requirement	requirement	NOUN
cblr-1693	235	12	determination	determination	NOUN
cblr-1693	235	13	under	under	ADP
cblr-1693	235	14	section	section	NOUN
cblr-1693	235	15	2(h	2(h	NUM
cblr-1693	235	16	)	)	PUNCT
cblr-1693	235	17	of	of	ADP
cblr-1693	235	18	the	the	DET
cblr-1693	235	19	cea	cea	PROPN
cblr-1693	235	20	,	,	PUNCT
cblr-1693	235	21	77	77	NUM
cblr-1693	235	22	fed	fed	PROPN
cblr-1693	235	23	.	.	PUNCT
cblr-1693	236	1	reg	reg	PROPN
cblr-1693	236	2	.	.	PUNCT
cblr-1693	237	1	74,284	74,284	NUM
cblr-1693	237	2	,	,	PUNCT
cblr-1693	237	3	74,285	74,285	NUM
cblr-1693	237	4	(	(	PUNCT
cblr-1693	237	5	dec	dec	PROPN
cblr-1693	237	6	.	.	PROPN
cblr-1693	237	7	13	13	NUM
cblr-1693	237	8	,	,	PUNCT
cblr-1693	237	9	2012	2012	NUM
cblr-1693	237	10	)	)	PUNCT
cblr-1693	237	11	(	(	PUNCT
cblr-1693	237	12	to	to	PART
cblr-1693	237	13	be	be	AUX
cblr-1693	237	14	codified	codify	VERB
cblr-1693	237	15	at	at	ADP
cblr-1693	237	16	17	17	NUM
cblr-1693	237	17	c.f.r	c.f.r	NOUN
cblr-1693	237	18	.	.	PUNCT
cblr-1693	238	1	pts	pts	PROPN
cblr-1693	238	2	.	.	PROPN
cblr-1693	238	3	39	39	NUM
cblr-1693	238	4	,	,	PUNCT
cblr-1693	238	5	50	50	NUM
cblr-1693	238	6	)	)	PUNCT
cblr-1693	238	7	(	(	PUNCT
cblr-1693	238	8	“	"	PUNCT
cblr-1693	238	9	as	as	SCONJ
cblr-1693	238	10	the	the	DET
cblr-1693	238	11	financial	financial	ADJ
cblr-1693	238	12	crisis	crisis	NOUN
cblr-1693	238	13	deepened	deepen	VERB
cblr-1693	238	14	,	,	PUNCT
cblr-1693	238	15	this	this	DET
cblr-1693	238	16	risk	risk	NOUN
cblr-1693	238	17	made	make	VERB
cblr-1693	238	18	market	market	NOUN
cblr-1693	238	19	participants	participant	NOUN
cblr-1693	238	20	wary	wary	ADJ
cblr-1693	238	21	of	of	ADP
cblr-1693	238	22	trading	trade	VERB
cblr-1693	238	23	with	with	ADP
cblr-1693	238	24	each	each	DET
cblr-1693	238	25	other	other	ADJ
cblr-1693	238	26	.	.	PUNCT
cblr-1693	239	1	as	as	ADP
cblr-1693	239	2	a	a	DET
cblr-1693	239	3	result	result	NOUN
cblr-1693	239	4	,	,	PUNCT
cblr-1693	239	5	markets	market	NOUN
cblr-1693	239	6	quickly	quickly	ADV
cblr-1693	239	7	became	become	VERB
cblr-1693	239	8	illiquid	illiquid	ADJ
cblr-1693	239	9	and	and	CCONJ
cblr-1693	239	10	trading	trading	NOUN
cblr-1693	239	11	volumes	volume	NOUN
cblr-1693	239	12	plummeted	plummet	VERB
cblr-1693	239	13	.	.	PUNCT
cblr-1693	239	14	”	"	PUNCT
cblr-1693	239	15	)	)	PUNCT
cblr-1693	239	16	.	.	PUNCT
cblr-1693	240	1	no	no	INTJ
cblr-1693	240	2	.	.	PUNCT
cblr-1693	241	1	1:252	1:252	NUM
cblr-1693	241	2	]	]	X
cblr-1693	241	3	to	to	PART
cblr-1693	241	4	clear	clear	ADJ
cblr-1693	241	5	or	or	CCONJ
cblr-1693	241	6	not	not	PART
cblr-1693	241	7	to	to	PART
cblr-1693	241	8	clear	clear	VERB
cblr-1693	241	9	267	267	NUM
cblr-1693	241	10	c.	c.	PROPN
cblr-1693	241	11	congress	congress	PROPN
cblr-1693	241	12	’	'	PUNCT
cblr-1693	241	13	response	response	NOUN
cblr-1693	241	14	:	:	PUNCT
cblr-1693	241	15	the	the	DET
cblr-1693	241	16	wall	wall	PROPN
cblr-1693	241	17	street	street	PROPN
cblr-1693	241	18	transparency	transparency	NOUN
cblr-1693	241	19	and	and	CCONJ
cblr-1693	241	20	accountability	accountability	NOUN
cblr-1693	241	21	act	act	VERB
cblr-1693	241	22	the	the	DET
cblr-1693	241	23	financial	financial	ADJ
cblr-1693	241	24	crisis	crisis	NOUN
cblr-1693	241	25	brought	bring	VERB
cblr-1693	241	26	the	the	DET
cblr-1693	241	27	systemic	systemic	ADJ
cblr-1693	241	28	risk	risk	NOUN
cblr-1693	241	29	in	in	ADP
cblr-1693	241	30	the	the	DET
cblr-1693	241	31	otc	otc	PROPN
cblr-1693	241	32	derivatives	derivative	NOUN
cblr-1693	241	33	market	market	NOUN
cblr-1693	241	34	into	into	ADP
cblr-1693	241	35	the	the	DET
cblr-1693	241	36	light	light	NOUN
cblr-1693	241	37	.	.	PUNCT
cblr-1693	242	1	afterwards	afterwards	ADV
cblr-1693	242	2	,	,	PUNCT
cblr-1693	242	3	policymakers	policymaker	NOUN
cblr-1693	242	4	understood	understand	VERB
cblr-1693	242	5	that	that	SCONJ
cblr-1693	242	6	the	the	DET
cblr-1693	242	7	unregulated	unregulated	ADJ
cblr-1693	242	8	otc	otc	PROPN
cblr-1693	242	9	derivatives	derivative	NOUN
cblr-1693	242	10	market	market	NOUN
cblr-1693	242	11	needed	need	VERB
cblr-1693	242	12	“	"	PUNCT
cblr-1693	242	13	a	a	DET
cblr-1693	242	14	comprehensive	comprehensive	ADJ
cblr-1693	242	15	new	new	ADJ
cblr-1693	242	16	regulatory	regulatory	ADJ
cblr-1693	242	17	framework[.]”53	framework[.]”53	NOUN
cblr-1693	242	18	the	the	DET
cblr-1693	242	19	senate	senate	PROPN
cblr-1693	242	20	specified	specify	VERB
cblr-1693	242	21	that	that	SCONJ
cblr-1693	242	22	,	,	PUNCT
cblr-1693	242	23	in	in	ADP
cblr-1693	242	24	drafting	draft	VERB
cblr-1693	242	25	dodd	dodd	PROPN
cblr-1693	242	26	-	-	PUNCT
cblr-1693	242	27	frank	frank	PROPN
cblr-1693	242	28	,	,	PUNCT
cblr-1693	242	29	it	it	PRON
cblr-1693	242	30	intended	intend	VERB
cblr-1693	242	31	to	to	PART
cblr-1693	242	32	promulgate	promulgate	VERB
cblr-1693	242	33	“	"	PUNCT
cblr-1693	242	34	comprehensive	comprehensive	ADJ
cblr-1693	242	35	regulation	regulation	NOUN
cblr-1693	242	36	and	and	CCONJ
cblr-1693	242	37	rules	rule	NOUN
cblr-1693	242	38	for	for	ADP
cblr-1693	242	39	how	how	SCONJ
cblr-1693	242	40	the	the	DET
cblr-1693	242	41	otc	otc	PROPN
cblr-1693	242	42	derivatives	derivative	NOUN
cblr-1693	242	43	market	market	NOUN
cblr-1693	242	44	operates	operate	VERB
cblr-1693	242	45	.	.	PUNCT
cblr-1693	243	1	”54	”54	VERB
cblr-1693	243	2	this	this	DET
cblr-1693	243	3	objective	objective	NOUN
cblr-1693	243	4	was	be	AUX
cblr-1693	243	5	met	meet	VERB
cblr-1693	243	6	in	in	ADP
cblr-1693	243	7	title	title	NOUN
cblr-1693	243	8	vii	vii	PROPN
cblr-1693	243	9	of	of	ADP
cblr-1693	243	10	dodd	dodd	PROPN
cblr-1693	243	11	-	-	PUNCT
cblr-1693	243	12	frank	frank	PROPN
cblr-1693	243	13	,	,	PUNCT
cblr-1693	243	14	also	also	ADV
cblr-1693	243	15	known	know	VERB
cblr-1693	243	16	as	as	ADP
cblr-1693	243	17	the	the	DET
cblr-1693	243	18	wall	wall	PROPN
cblr-1693	243	19	street	street	PROPN
cblr-1693	243	20	transparency	transparency	NOUN
cblr-1693	243	21	and	and	CCONJ
cblr-1693	243	22	accountability	accountability	NOUN
cblr-1693	243	23	act	act	NOUN
cblr-1693	243	24	of	of	ADP
cblr-1693	243	25	2010.55	2010.55	NUM
cblr-1693	243	26	1	1	NUM
cblr-1693	243	27	.	.	PUNCT
cblr-1693	244	1	title	title	PROPN
cblr-1693	244	2	vii	vii	PROPN
cblr-1693	244	3	’s	’s	PART
cblr-1693	244	4	core	core	NOUN
cblr-1693	244	5	:	:	PUNCT
cblr-1693	244	6	mandatory	mandatory	ADJ
cblr-1693	244	7	central	central	ADJ
cblr-1693	244	8	clearing	clearing	NOUN
cblr-1693	244	9	as	as	ADP
cblr-1693	244	10	a	a	DET
cblr-1693	244	11	means	means	NOUN
cblr-1693	244	12	of	of	ADP
cblr-1693	244	13	risk	risk	NOUN
cblr-1693	244	14	-	-	PUNCT
cblr-1693	244	15	prevention	prevention	NOUN
cblr-1693	244	16	title	title	NOUN
cblr-1693	244	17	vii	vii	PROPN
cblr-1693	244	18	’s	’s	PART
cblr-1693	244	19	centerpiece	centerpiece	NOUN
cblr-1693	244	20	is	be	AUX
cblr-1693	244	21	the	the	DET
cblr-1693	244	22	requirement	requirement	NOUN
cblr-1693	244	23	that	that	SCONJ
cblr-1693	244	24	parties	party	NOUN
cblr-1693	244	25	clear	clear	VERB
cblr-1693	244	26	their	their	PRON
cblr-1693	244	27	trades	trade	NOUN
cblr-1693	244	28	through	through	ADP
cblr-1693	244	29	central	central	ADJ
cblr-1693	244	30	clearinghouses	clearinghouse	NOUN
cblr-1693	244	31	.	.	PUNCT
cblr-1693	245	1	under	under	ADP
cblr-1693	245	2	the	the	DET
cblr-1693	245	3	statute	statute	NOUN
cblr-1693	245	4	,	,	PUNCT
cblr-1693	245	5	this	this	DET
cblr-1693	245	6	requirement	requirement	NOUN
cblr-1693	245	7	does	do	AUX
cblr-1693	245	8	not	not	PART
cblr-1693	245	9	attach	attach	VERB
cblr-1693	245	10	to	to	ADP
cblr-1693	245	11	a	a	DET
cblr-1693	245	12	specific	specific	ADJ
cblr-1693	245	13	product	product	NOUN
cblr-1693	245	14	type	type	NOUN
cblr-1693	245	15	until	until	SCONJ
cblr-1693	245	16	the	the	DET
cblr-1693	245	17	financial	financial	ADJ
cblr-1693	245	18	regulators	regulator	NOUN
cblr-1693	245	19	determine	determine	VERB
cblr-1693	245	20	that	that	SCONJ
cblr-1693	245	21	it	it	PRON
cblr-1693	245	22	must	must	AUX
cblr-1693	245	23	be	be	AUX
cblr-1693	245	24	centrally	centrally	ADV
cblr-1693	245	25	cleared.56	cleared.56	VERB
cblr-1693	245	26	however	however	ADV
cblr-1693	245	27	,	,	PUNCT
cblr-1693	245	28	while	while	SCONJ
cblr-1693	245	29	the	the	DET
cblr-1693	245	30	financial	financial	ADJ
cblr-1693	245	31	regulators	regulator	NOUN
cblr-1693	245	32	may	may	AUX
cblr-1693	245	33	determine	determine	VERB
cblr-1693	245	34	that	that	SCONJ
cblr-1693	245	35	some	some	DET
cblr-1693	245	36	otc	otc	PROPN
cblr-1693	245	37	derivatives	derivative	NOUN
cblr-1693	245	38	should	should	AUX
cblr-1693	245	39	remain	remain	VERB
cblr-1693	245	40	uncleared	uncleared	ADJ
cblr-1693	245	41	(	(	PUNCT
cblr-1693	245	42	and	and	CCONJ
cblr-1693	245	43	instead	instead	ADV
cblr-1693	245	44	be	be	AUX
cblr-1693	245	45	subject	subject	ADJ
cblr-1693	245	46	to	to	ADP
cblr-1693	245	47	heightened	heightened	ADJ
cblr-1693	245	48	capital	capital	NOUN
cblr-1693	245	49	,	,	PUNCT
cblr-1693	245	50	margin	margin	NOUN
cblr-1693	245	51	,	,	PUNCT
cblr-1693	245	52	and	and	CCONJ
cblr-1693	245	53	reporting	reporting	NOUN
cblr-1693	245	54	requirements	requirement	NOUN
cblr-1693	245	55	)	)	PUNCT
cblr-1693	245	56	,	,	PUNCT
cblr-1693	245	57	the	the	DET
cblr-1693	245	58	senate	senate	PROPN
cblr-1693	245	59	report	report	NOUN
cblr-1693	245	60	stated	state	VERB
cblr-1693	245	61	a	a	DET
cblr-1693	245	62	clear	clear	ADJ
cblr-1693	245	63	preference	preference	NOUN
cblr-1693	245	64	for	for	ADP
cblr-1693	245	65	mandatory	mandatory	ADJ
cblr-1693	245	66	central	central	ADJ
cblr-1693	245	67	clearing	clearing	NOUN
cblr-1693	245	68	in	in	ADP
cblr-1693	245	69	the	the	DET
cblr-1693	245	70	absence	absence	NOUN
cblr-1693	245	71	of	of	ADP
cblr-1693	245	72	mitigating	mitigate	VERB
cblr-1693	245	73	circumstances.57	circumstances.57	PROPN
cblr-1693	245	74	the	the	DET
cblr-1693	245	75	report	report	NOUN
cblr-1693	245	76	acknowledged	acknowledge	VERB
cblr-1693	245	77	that	that	SCONJ
cblr-1693	245	78	“	"	PUNCT
cblr-1693	245	79	[	[	PUNCT
cblr-1693	245	80	s]ome	s]ome	NOUN
cblr-1693	245	81	parts	part	NOUN
cblr-1693	245	82	of	of	ADP
cblr-1693	245	83	the	the	DET
cblr-1693	245	84	otc	otc	PROPN
cblr-1693	245	85	market	market	NOUN
cblr-1693	245	86	may	may	AUX
cblr-1693	245	87	not	not	PART
cblr-1693	245	88	53	53	NUM
cblr-1693	245	89	clearing	clearing	NOUN
cblr-1693	245	90	requirement	requirement	NOUN
cblr-1693	245	91	determination	determination	NOUN
cblr-1693	245	92	under	under	ADP
cblr-1693	245	93	section	section	NOUN
cblr-1693	245	94	2(h	2(h	NUM
cblr-1693	245	95	)	)	PUNCT
cblr-1693	245	96	of	of	ADP
cblr-1693	245	97	the	the	DET
cblr-1693	245	98	cea	cea	PROPN
cblr-1693	245	99	,	,	PUNCT
cblr-1693	245	100	77	77	NUM
cblr-1693	245	101	fed	fed	PROPN
cblr-1693	245	102	.	.	PUNCT
cblr-1693	246	1	reg	reg	PROPN
cblr-1693	246	2	.	.	PUNCT
cblr-1693	247	1	at	at	ADP
cblr-1693	247	2	74,285	74,285	NUM
cblr-1693	247	3	.	.	PUNCT
cblr-1693	248	1	54	54	NUM
cblr-1693	248	2	s.	s.	PROPN
cblr-1693	248	3	rep	rep	PROPN
cblr-1693	248	4	.	.	PROPN
cblr-1693	248	5	no	no	PROPN
cblr-1693	248	6	.	.	NOUN
cblr-1693	248	7	111	111	NUM
cblr-1693	248	8	-	-	SYM
cblr-1693	248	9	176	176	NUM
cblr-1693	248	10	,	,	PUNCT
cblr-1693	248	11	at	at	ADP
cblr-1693	248	12	32	32	NUM
cblr-1693	248	13	(	(	PUNCT
cblr-1693	248	14	2010	2010	NUM
cblr-1693	248	15	)	)	PUNCT
cblr-1693	248	16	.	.	PUNCT
cblr-1693	249	1	55	55	NUM
cblr-1693	249	2	wall	wall	PROPN
cblr-1693	249	3	street	street	PROPN
cblr-1693	249	4	transparency	transparency	NOUN
cblr-1693	249	5	and	and	CCONJ
cblr-1693	249	6	accountability	accountability	NOUN
cblr-1693	249	7	act	act	NOUN
cblr-1693	249	8	of	of	ADP
cblr-1693	249	9	2010	2010	NUM
cblr-1693	249	10	,	,	PUNCT
cblr-1693	249	11	pub	pub	NOUN
cblr-1693	249	12	.	.	PUNCT
cblr-1693	250	1	l.	l.	PROPN
cblr-1693	250	2	no	no	INTJ
cblr-1693	250	3	.	.	PUNCT
cblr-1693	251	1	111–203	111–203	NUM
cblr-1693	251	2	§	§	PROPN
cblr-1693	251	3	§	§	PROPN
cblr-1693	251	4	701	701	NUM
cblr-1693	251	5	,	,	PUNCT
cblr-1693	251	6	711–54	711–54	NOUN
cblr-1693	251	7	,	,	PUNCT
cblr-1693	251	8	761–74	761–74	NUM
cblr-1693	251	9	,	,	PUNCT
cblr-1693	251	10	124	124	NUM
cblr-1693	251	11	stat	stat	NOUN
cblr-1693	251	12	.	.	PUNCT
cblr-1693	252	1	1376	1376	NUM
cblr-1693	252	2	,	,	PUNCT
cblr-1693	252	3	1641–1802	1641–1802	NUM
cblr-1693	252	4	(	(	PUNCT
cblr-1693	252	5	2010	2010	NUM
cblr-1693	252	6	)	)	PUNCT
cblr-1693	252	7	.	.	PUNCT
cblr-1693	253	1	56	56	NUM
cblr-1693	253	2	see	see	VERB
cblr-1693	253	3	7	7	NUM
cblr-1693	253	4	u.s.c	u.s.c	ADJ
cblr-1693	253	5	.	.	PUNCT
cblr-1693	254	1	§	§	PROPN
cblr-1693	254	2	2(h)(1)(a	2(h)(1)(a	NUM
cblr-1693	254	3	)	)	PUNCT
cblr-1693	254	4	(	(	PUNCT
cblr-1693	254	5	2012	2012	NUM
cblr-1693	254	6	)	)	PUNCT
cblr-1693	254	7	(	(	PUNCT
cblr-1693	254	8	“	"	PUNCT
cblr-1693	254	9	it	it	PRON
cblr-1693	254	10	shall	shall	AUX
cblr-1693	254	11	be	be	AUX
cblr-1693	254	12	unlawful	unlawful	ADJ
cblr-1693	254	13	for	for	SCONJ
cblr-1693	254	14	any	any	DET
cblr-1693	254	15	person	person	NOUN
cblr-1693	254	16	to	to	PART
cblr-1693	254	17	engage	engage	VERB
cblr-1693	254	18	in	in	ADP
cblr-1693	254	19	a	a	DET
cblr-1693	254	20	swap	swap	NOUN
cblr-1693	254	21	unless	unless	SCONJ
cblr-1693	254	22	that	that	DET
cblr-1693	254	23	person	person	NOUN
cblr-1693	254	24	submits	submit	VERB
cblr-1693	254	25	such	such	ADJ
cblr-1693	254	26	swap	swap	NOUN
cblr-1693	254	27	for	for	ADP
cblr-1693	254	28	clearing	clear	VERB
cblr-1693	254	29	to	to	ADP
cblr-1693	254	30	a	a	DET
cblr-1693	254	31	derivatives	derivative	NOUN
cblr-1693	254	32	clearing	clearing	NOUN
cblr-1693	254	33	organization	organization	NOUN
cblr-1693	254	34	.	.	PUNCT
cblr-1693	254	35	.	.	PUNCT
cblr-1693	255	1	.	.	PUNCT
cblr-1693	256	1	if	if	SCONJ
cblr-1693	256	2	the	the	DET
cblr-1693	256	3	swap	swap	NOUN
cblr-1693	256	4	is	be	AUX
cblr-1693	256	5	required	require	VERB
cblr-1693	256	6	to	to	PART
cblr-1693	256	7	be	be	AUX
cblr-1693	256	8	cleared	clear	VERB
cblr-1693	256	9	.	.	PUNCT
cblr-1693	256	10	”	"	PUNCT
cblr-1693	257	1	)	)	PUNCT
cblr-1693	257	2	(	(	PUNCT
cblr-1693	257	3	emphasis	emphasis	NOUN
cblr-1693	257	4	added	add	VERB
cblr-1693	257	5	)	)	PUNCT
cblr-1693	257	6	;	;	PUNCT
cblr-1693	257	7	15	15	NUM
cblr-1693	257	8	u.s.c	u.s.c	NOUN
cblr-1693	257	9	.	.	PUNCT
cblr-1693	258	1	§	§	PROPN
cblr-1693	258	2	78c-3(a)(1	78c-3(a)(1	NOUN
cblr-1693	258	3	)	)	PUNCT
cblr-1693	258	4	(	(	PUNCT
cblr-1693	258	5	2012	2012	NUM
cblr-1693	258	6	)	)	PUNCT
cblr-1693	258	7	(	(	PUNCT
cblr-1693	258	8	“	"	PUNCT
cblr-1693	258	9	it	it	PRON
cblr-1693	258	10	shall	shall	AUX
cblr-1693	258	11	be	be	AUX
cblr-1693	258	12	unlawful	unlawful	ADJ
cblr-1693	258	13	for	for	SCONJ
cblr-1693	258	14	any	any	DET
cblr-1693	258	15	person	person	NOUN
cblr-1693	258	16	to	to	PART
cblr-1693	258	17	engage	engage	VERB
cblr-1693	258	18	in	in	ADP
cblr-1693	258	19	a	a	DET
cblr-1693	258	20	security	security	NOUN
cblr-1693	258	21	-	-	PUNCT
cblr-1693	258	22	based	base	VERB
cblr-1693	258	23	swap	swap	NOUN
cblr-1693	258	24	unless	unless	SCONJ
cblr-1693	258	25	that	that	DET
cblr-1693	258	26	person	person	NOUN
cblr-1693	258	27	submits	submit	VERB
cblr-1693	258	28	such	such	ADJ
cblr-1693	258	29	security	security	NOUN
cblr-1693	258	30	-	-	PUNCT
cblr-1693	258	31	based	base	VERB
cblr-1693	258	32	swap	swap	NOUN
cblr-1693	258	33	for	for	ADP
cblr-1693	258	34	clearing	clear	VERB
cblr-1693	258	35	to	to	ADP
cblr-1693	258	36	a	a	DET
cblr-1693	258	37	clearing	clearing	NOUN
cblr-1693	258	38	agency	agency	NOUN
cblr-1693	258	39	.	.	PUNCT
cblr-1693	258	40	.	.	PUNCT
cblr-1693	259	1	.	.	PUNCT
cblr-1693	260	1	if	if	SCONJ
cblr-1693	260	2	the	the	DET
cblr-1693	260	3	securitybased	securitybase	VERB
cblr-1693	260	4	swap	swap	NOUN
cblr-1693	260	5	is	be	AUX
cblr-1693	260	6	required	require	VERB
cblr-1693	260	7	to	to	PART
cblr-1693	260	8	be	be	AUX
cblr-1693	260	9	cleared	clear	VERB
cblr-1693	260	10	.	.	PUNCT
cblr-1693	260	11	”	"	PUNCT
cblr-1693	261	1	)	)	PUNCT
cblr-1693	261	2	(	(	PUNCT
cblr-1693	261	3	emphasis	emphasis	NOUN
cblr-1693	261	4	added	add	VERB
cblr-1693	261	5	)	)	PUNCT
cblr-1693	261	6	.	.	PUNCT
cblr-1693	262	1	57	57	NUM
cblr-1693	262	2	see	see	VERB
cblr-1693	262	3	s.	s.	PROPN
cblr-1693	262	4	rep	rep	PROPN
cblr-1693	262	5	.	.	PROPN
cblr-1693	262	6	no	no	INTJ
cblr-1693	262	7	.	.	PUNCT
cblr-1693	263	1	111–176	111–176	NUM
cblr-1693	263	2	,	,	PUNCT
cblr-1693	263	3	at	at	ADP
cblr-1693	263	4	31–35	31–35	NUM
cblr-1693	263	5	.	.	PROPN
cblr-1693	264	1	268	268	NUM
cblr-1693	264	2	columbia	columbia	PROPN
cblr-1693	264	3	business	business	NOUN
cblr-1693	264	4	law	law	PROPN
cblr-1693	264	5	review	review	NOUN
cblr-1693	264	6	[	[	X
cblr-1693	264	7	vol	vol	NOUN
cblr-1693	264	8	.	.	PUNCT
cblr-1693	264	9	2019	2019	NUM
cblr-1693	264	10	be	be	AUX
cblr-1693	264	11	suitable	suitable	ADJ
cblr-1693	264	12	for	for	ADP
cblr-1693	264	13	clearing	clearing	NOUN
cblr-1693	264	14	.	.	PUNCT
cblr-1693	264	15	.	.	PUNCT
cblr-1693	264	16	.	.	PUNCT
cblr-1693	265	1	due	due	ADP
cblr-1693	265	2	to	to	ADP
cblr-1693	265	3	individual	individual	ADJ
cblr-1693	265	4	business	business	NOUN
cblr-1693	265	5	needs	need	NOUN
cblr-1693	265	6	,	,	PUNCT
cblr-1693	265	7	”	"	PUNCT
cblr-1693	265	8	but	but	CCONJ
cblr-1693	265	9	maintained	maintain	VERB
cblr-1693	265	10	that	that	SCONJ
cblr-1693	265	11	“	"	PUNCT
cblr-1693	265	12	[	[	X
cblr-1693	265	13	t]hese	t]hese	ADJ
cblr-1693	265	14	exceptions	exception	NOUN
cblr-1693	265	15	should	should	AUX
cblr-1693	265	16	be	be	AUX
cblr-1693	265	17	crafted	craft	VERB
cblr-1693	265	18	very	very	ADV
cblr-1693	265	19	narrowly[.]”58	narrowly[.]”58	NUM
cblr-1693	265	20	the	the	DET
cblr-1693	265	21	financial	financial	ADJ
cblr-1693	265	22	regulators	regulator	NOUN
cblr-1693	265	23	interpreted	interpret	VERB
cblr-1693	265	24	title	title	NOUN
cblr-1693	265	25	vii	vii	PROPN
cblr-1693	265	26	accordingly	accordingly	ADV
cblr-1693	265	27	:	:	PUNCT
cblr-1693	265	28	the	the	DET
cblr-1693	265	29	cftc	cftc	PROPN
cblr-1693	265	30	referred	refer	VERB
cblr-1693	265	31	to	to	ADP
cblr-1693	265	32	the	the	DET
cblr-1693	265	33	central	central	ADJ
cblr-1693	265	34	clearing	clearing	NOUN
cblr-1693	265	35	requirement	requirement	NOUN
cblr-1693	265	36	as	as	ADP
cblr-1693	265	37	“	"	PUNCT
cblr-1693	265	38	one	one	NUM
cblr-1693	265	39	of	of	ADP
cblr-1693	265	40	the	the	DET
cblr-1693	265	41	cornerstones	cornerstone	NOUN
cblr-1693	265	42	of	of	ADP
cblr-1693	265	43	[	[	X
cblr-1693	265	44	dodd	dodd	NOUN
cblr-1693	265	45	-	-	PUNCT
cblr-1693	265	46	frank	frank	PROPN
cblr-1693	265	47	]	]	PUNCT
cblr-1693	265	48	reform,”59	reform,”59	NOUN
cblr-1693	265	49	while	while	SCONJ
cblr-1693	265	50	the	the	DET
cblr-1693	265	51	sec	sec	PROPN
cblr-1693	265	52	noted	note	VERB
cblr-1693	265	53	that	that	SCONJ
cblr-1693	265	54	“	"	PUNCT
cblr-1693	265	55	[	[	X
cblr-1693	265	56	c]learing	c]learing	NOUN
cblr-1693	265	57	of	of	ADP
cblr-1693	265	58	swaps	swap	NOUN
cblr-1693	265	59	and	and	CCONJ
cblr-1693	265	60	security	security	NOUN
cblr-1693	265	61	-	-	PUNCT
cblr-1693	265	62	based	base	VERB
cblr-1693	265	63	swaps	swap	NOUN
cblr-1693	265	64	was	be	AUX
cblr-1693	265	65	at	at	ADP
cblr-1693	265	66	the	the	DET
cblr-1693	265	67	heart	heart	NOUN
cblr-1693	265	68	of	of	ADP
cblr-1693	265	69	congressional	congressional	ADJ
cblr-1693	265	70	reform	reform	NOUN
cblr-1693	265	71	of	of	ADP
cblr-1693	265	72	the	the	DET
cblr-1693	265	73	derivatives	derivative	NOUN
cblr-1693	265	74	markets[.]”60	markets[.]”60	NOUN
cblr-1693	265	75	although	although	SCONJ
cblr-1693	265	76	congress	congress	PROPN
cblr-1693	265	77	asked	ask	VERB
cblr-1693	265	78	the	the	DET
cblr-1693	265	79	financial	financial	ADJ
cblr-1693	265	80	regulators	regulator	NOUN
cblr-1693	265	81	to	to	PART
cblr-1693	265	82	fill	fill	VERB
cblr-1693	265	83	in	in	ADP
cblr-1693	265	84	the	the	DET
cblr-1693	265	85	details	detail	NOUN
cblr-1693	265	86	,	,	PUNCT
cblr-1693	265	87	title	title	NOUN
cblr-1693	265	88	vii	vii	PROPN
cblr-1693	265	89	lays	lay	VERB
cblr-1693	265	90	out	out	ADP
cblr-1693	265	91	a	a	DET
cblr-1693	265	92	general	general	ADJ
cblr-1693	265	93	structure	structure	NOUN
cblr-1693	265	94	for	for	SCONJ
cblr-1693	265	95	agencies	agency	NOUN
cblr-1693	265	96	to	to	PART
cblr-1693	265	97	follow	follow	VERB
cblr-1693	265	98	when	when	SCONJ
cblr-1693	265	99	making	make	VERB
cblr-1693	265	100	central	central	ADJ
cblr-1693	265	101	clearing	clearing	NOUN
cblr-1693	265	102	determinations.61	determinations.61	NOUN
cblr-1693	265	103	the	the	DET
cblr-1693	265	104	cftc	cftc	PROPN
cblr-1693	265	105	and	and	CCONJ
cblr-1693	265	106	sec	sec	PROPN
cblr-1693	265	107	regulate	regulate	VERB
cblr-1693	265	108	different	different	ADJ
cblr-1693	265	109	product	product	NOUN
cblr-1693	265	110	types	type	NOUN
cblr-1693	265	111	(	(	PUNCT
cblr-1693	265	112	swaps	swap	NOUN
cblr-1693	265	113	and	and	CCONJ
cblr-1693	265	114	security	security	NOUN
cblr-1693	265	115	-	-	PUNCT
cblr-1693	265	116	based	base	VERB
cblr-1693	265	117	swaps	swap	NOUN
cblr-1693	265	118	,	,	PUNCT
cblr-1693	265	119	respectively),62	respectively),62	ADJ
cblr-1693	265	120	but	but	CCONJ
cblr-1693	265	121	the	the	DET
cblr-1693	265	122	statutory	statutory	ADJ
cblr-1693	265	123	language	language	NOUN
cblr-1693	265	124	is	be	AUX
cblr-1693	265	125	otherwise	otherwise	ADV
cblr-1693	265	126	identical.63	identical.63	ADV
cblr-1693	265	127	for	for	ADP
cblr-1693	265	128	both	both	DET
cblr-1693	265	129	product	product	NOUN
cblr-1693	265	130	types	type	NOUN
cblr-1693	265	131	,	,	PUNCT
cblr-1693	265	132	title	title	NOUN
cblr-1693	265	133	vii	vii	PROPN
cblr-1693	265	134	includes	include	VERB
cblr-1693	265	135	two	two	NUM
cblr-1693	265	136	58	58	NUM
cblr-1693	265	137	i	i	PRON
cblr-1693	265	138	d.	d.	PROPN
cblr-1693	265	139	at	at	ADP
cblr-1693	265	140	34	34	NUM
cblr-1693	265	141	.	.	PUNCT
cblr-1693	266	1	59	59	NUM
cblr-1693	266	2	clearing	clearing	NOUN
cblr-1693	266	3	requirement	requirement	NOUN
cblr-1693	266	4	determination	determination	NOUN
cblr-1693	266	5	under	under	ADP
cblr-1693	266	6	section	section	NOUN
cblr-1693	266	7	2(h	2(h	NUM
cblr-1693	266	8	)	)	PUNCT
cblr-1693	266	9	of	of	ADP
cblr-1693	266	10	the	the	DET
cblr-1693	266	11	cea	cea	PROPN
cblr-1693	266	12	,	,	PUNCT
cblr-1693	266	13	77	77	NUM
cblr-1693	266	14	fed	fed	PROPN
cblr-1693	266	15	.	.	PUNCT
cblr-1693	267	1	reg	reg	PROPN
cblr-1693	267	2	.	.	PUNCT
cblr-1693	268	1	74,284	74,284	NUM
cblr-1693	268	2	,	,	PUNCT
cblr-1693	268	3	74,285	74,285	NUM
cblr-1693	268	4	(	(	PUNCT
cblr-1693	268	5	dec	dec	PROPN
cblr-1693	268	6	.	.	PROPN
cblr-1693	268	7	13	13	NUM
cblr-1693	268	8	,	,	PUNCT
cblr-1693	268	9	2012	2012	NUM
cblr-1693	268	10	)	)	PUNCT
cblr-1693	268	11	(	(	PUNCT
cblr-1693	268	12	to	to	PART
cblr-1693	268	13	be	be	AUX
cblr-1693	268	14	codified	codify	VERB
cblr-1693	268	15	at	at	ADP
cblr-1693	268	16	17	17	NUM
cblr-1693	268	17	c.f.r	c.f.r	NOUN
cblr-1693	268	18	.	.	PUNCT
cblr-1693	269	1	pts	pts	PROPN
cblr-1693	269	2	.	.	PROPN
cblr-1693	269	3	39	39	NUM
cblr-1693	269	4	,	,	PUNCT
cblr-1693	269	5	50	50	NUM
cblr-1693	269	6	)	)	PUNCT
cblr-1693	269	7	.	.	PUNCT
cblr-1693	270	1	60	60	NUM
cblr-1693	270	2	see	see	VERB
cblr-1693	270	3	process	process	NOUN
cblr-1693	270	4	for	for	ADP
cblr-1693	270	5	submissions	submission	NOUN
cblr-1693	270	6	for	for	ADP
cblr-1693	270	7	review	review	NOUN
cblr-1693	270	8	of	of	ADP
cblr-1693	270	9	security	security	NOUN
cblr-1693	270	10	-	-	PUNCT
cblr-1693	270	11	based	base	VERB
cblr-1693	270	12	swaps	swap	NOUN
cblr-1693	270	13	for	for	ADP
cblr-1693	270	14	mandatory	mandatory	ADJ
cblr-1693	270	15	clearing	clearing	NOUN
cblr-1693	270	16	and	and	CCONJ
cblr-1693	270	17	notice	notice	VERB
cblr-1693	270	18	filing	filing	NOUN
cblr-1693	270	19	requirements	requirement	NOUN
cblr-1693	270	20	for	for	ADP
cblr-1693	270	21	clearing	clear	VERB
cblr-1693	270	22	agencies	agency	NOUN
cblr-1693	270	23	;	;	PUNCT
cblr-1693	270	24	technical	technical	ADJ
cblr-1693	270	25	amendments	amendment	NOUN
cblr-1693	270	26	to	to	PART
cblr-1693	270	27	rule	rule	VERB
cblr-1693	270	28	19b-4	19b-4	NOUN
cblr-1693	270	29	and	and	CCONJ
cblr-1693	270	30	form	form	VERB
cblr-1693	270	31	19b-4	19b-4	NOUN
cblr-1693	270	32	applicable	applicable	ADJ
cblr-1693	270	33	to	to	ADP
cblr-1693	270	34	all	all	DET
cblr-1693	270	35	selfregulatory	selfregulatory	ADJ
cblr-1693	270	36	organizations	organization	NOUN
cblr-1693	270	37	,	,	PUNCT
cblr-1693	270	38	77	77	NUM
cblr-1693	270	39	fed	fed	PROPN
cblr-1693	270	40	.	.	PUNCT
cblr-1693	271	1	reg	reg	PROPN
cblr-1693	271	2	.	.	PUNCT
cblr-1693	272	1	41,602	41,602	NUM
cblr-1693	272	2	,	,	PUNCT
cblr-1693	272	3	41,603	41,603	NUM
cblr-1693	272	4	(	(	PUNCT
cblr-1693	272	5	july	july	PROPN
cblr-1693	272	6	13	13	NUM
cblr-1693	272	7	,	,	PUNCT
cblr-1693	272	8	2012	2012	NUM
cblr-1693	272	9	)	)	PUNCT
cblr-1693	272	10	(	(	PUNCT
cblr-1693	272	11	to	to	PART
cblr-1693	272	12	be	be	AUX
cblr-1693	272	13	codified	codify	VERB
cblr-1693	272	14	at	at	ADP
cblr-1693	272	15	17	17	NUM
cblr-1693	272	16	c.f.r	c.f.r	NOUN
cblr-1693	272	17	.	.	PUNCT
cblr-1693	273	1	pts	pts	PROPN
cblr-1693	273	2	.	.	PROPN
cblr-1693	273	3	240	240	NUM
cblr-1693	273	4	,	,	PUNCT
cblr-1693	273	5	249	249	NUM
cblr-1693	273	6	)	)	PUNCT
cblr-1693	273	7	.	.	PUNCT
cblr-1693	274	1	61	61	NUM
cblr-1693	274	2	wall	wall	PROPN
cblr-1693	274	3	street	street	NOUN
cblr-1693	274	4	transparency	transparency	NOUN
cblr-1693	274	5	and	and	CCONJ
cblr-1693	274	6	accountability	accountability	NOUN
cblr-1693	274	7	act	act	NOUN
cblr-1693	274	8	of	of	ADP
cblr-1693	274	9	2010	2010	NUM
cblr-1693	274	10	,	,	PUNCT
cblr-1693	274	11	pub	pub	NOUN
cblr-1693	274	12	.	.	PUNCT
cblr-1693	275	1	l.	l.	PROPN
cblr-1693	275	2	no	no	INTJ
cblr-1693	275	3	.	.	PUNCT
cblr-1693	276	1	111–203	111–203	NUM
cblr-1693	276	2	§	§	PROPN
cblr-1693	276	3	§	§	PROPN
cblr-1693	276	4	701	701	NUM
cblr-1693	276	5	,	,	PUNCT
cblr-1693	276	6	711–54	711–54	NOUN
cblr-1693	276	7	,	,	PUNCT
cblr-1693	276	8	761–74	761–74	NUM
cblr-1693	276	9	,	,	PUNCT
cblr-1693	276	10	124	124	NUM
cblr-1693	276	11	stat	stat	NOUN
cblr-1693	276	12	.	.	PUNCT
cblr-1693	277	1	1376	1376	NUM
cblr-1693	277	2	,	,	PUNCT
cblr-1693	277	3	1641–1802	1641–1802	NUM
cblr-1693	277	4	(	(	PUNCT
cblr-1693	277	5	2010	2010	NUM
cblr-1693	277	6	)	)	PUNCT
cblr-1693	277	7	.	.	PUNCT
cblr-1693	278	1	62	62	NUM
cblr-1693	278	2	see	see	VERB
cblr-1693	278	3	process	process	NOUN
cblr-1693	278	4	for	for	ADP
cblr-1693	278	5	submissions	submission	NOUN
cblr-1693	278	6	for	for	ADP
cblr-1693	278	7	review	review	NOUN
cblr-1693	278	8	of	of	ADP
cblr-1693	278	9	security	security	NOUN
cblr-1693	278	10	-	-	PUNCT
cblr-1693	278	11	based	base	VERB
cblr-1693	278	12	swaps	swap	NOUN
cblr-1693	278	13	for	for	ADP
cblr-1693	278	14	mandatory	mandatory	ADJ
cblr-1693	278	15	clearing	clearing	NOUN
cblr-1693	278	16	and	and	CCONJ
cblr-1693	278	17	notice	notice	VERB
cblr-1693	278	18	filing	filing	NOUN
cblr-1693	278	19	requirements	requirement	NOUN
cblr-1693	278	20	for	for	ADP
cblr-1693	278	21	clearing	clear	VERB
cblr-1693	278	22	agencies	agency	NOUN
cblr-1693	278	23	;	;	PUNCT
cblr-1693	278	24	technical	technical	ADJ
cblr-1693	278	25	amendments	amendment	NOUN
cblr-1693	278	26	to	to	PART
cblr-1693	278	27	rule	rule	VERB
cblr-1693	278	28	19b-4	19b-4	NOUN
cblr-1693	278	29	and	and	CCONJ
cblr-1693	278	30	form	form	VERB
cblr-1693	278	31	19b-4	19b-4	NOUN
cblr-1693	278	32	applicable	applicable	ADJ
cblr-1693	278	33	to	to	ADP
cblr-1693	278	34	all	all	DET
cblr-1693	278	35	selfregulatory	selfregulatory	ADJ
cblr-1693	278	36	organizations	organization	NOUN
cblr-1693	278	37	,	,	PUNCT
cblr-1693	278	38	77	77	NUM
cblr-1693	278	39	fed	fed	PROPN
cblr-1693	278	40	.	.	PUNCT
cblr-1693	279	1	reg	reg	PROPN
cblr-1693	279	2	.	.	PUNCT
cblr-1693	280	1	at	at	ADP
cblr-1693	280	2	41,603	41,603	NUM
cblr-1693	280	3	(	(	PUNCT
cblr-1693	280	4	“	"	PUNCT
cblr-1693	280	5	title	title	NOUN
cblr-1693	280	6	vii	vii	PROPN
cblr-1693	280	7	provides	provide	VERB
cblr-1693	280	8	that	that	SCONJ
cblr-1693	280	9	the	the	DET
cblr-1693	280	10	cftc	cftc	PROPN
cblr-1693	280	11	will	will	AUX
cblr-1693	280	12	regulate	regulate	VERB
cblr-1693	280	13	‘	'	PUNCT
cblr-1693	280	14	swaps	swap	NOUN
cblr-1693	280	15	,	,	PUNCT
cblr-1693	280	16	’	'	PUNCT
cblr-1693	281	1	[	[	X
cblr-1693	281	2	and	and	CCONJ
cblr-1693	281	3	]	]	X
cblr-1693	281	4	the	the	PRON
cblr-1693	281	5	[	[	X
cblr-1693	281	6	sec	sec	X
cblr-1693	281	7	]	]	X
cblr-1693	281	8	will	will	AUX
cblr-1693	281	9	regulate	regulate	VERB
cblr-1693	281	10	‘	'	PUNCT
cblr-1693	281	11	security	security	NOUN
cblr-1693	281	12	-	-	PUNCT
cblr-1693	281	13	based	base	VERB
cblr-1693	281	14	swaps	swap	NOUN
cblr-1693	281	15	[	[	X
cblr-1693	281	16	.	.	X
cblr-1693	281	17	]	]	X
cblr-1693	281	18	’	'	PUNCT
cblr-1693	281	19	”	"	PUNCT
cblr-1693	281	20	)	)	PUNCT
cblr-1693	281	21	.	.	PUNCT
cblr-1693	282	1	the	the	DET
cblr-1693	282	2	statute	statute	NOUN
cblr-1693	282	3	defines	define	VERB
cblr-1693	282	4	swaps	swap	NOUN
cblr-1693	282	5	as	as	ADP
cblr-1693	282	6	“	"	PUNCT
cblr-1693	282	7	any	any	DET
cblr-1693	282	8	agreement	agreement	NOUN
cblr-1693	282	9	,	,	PUNCT
cblr-1693	282	10	contract	contract	NOUN
cblr-1693	282	11	,	,	PUNCT
cblr-1693	282	12	or	or	CCONJ
cblr-1693	282	13	transaction	transaction	NOUN
cblr-1693	282	14	”	"	PUNCT
cblr-1693	282	15	that	that	PRON
cblr-1693	282	16	is	be	AUX
cblr-1693	282	17	one	one	NUM
cblr-1693	282	18	of	of	ADP
cblr-1693	282	19	a	a	DET
cblr-1693	282	20	broad	broad	ADJ
cblr-1693	282	21	variety	variety	NOUN
cblr-1693	282	22	of	of	ADP
cblr-1693	282	23	derivatives	derivative	NOUN
cblr-1693	282	24	.	.	PUNCT
cblr-1693	283	1	7	7	NUM
cblr-1693	283	2	u.s.c	u.s.c	NOUN
cblr-1693	283	3	.	.	PUNCT
cblr-1693	284	1	§	§	PROPN
cblr-1693	284	2	1a(47	1a(47	NUM
cblr-1693	284	3	)	)	PUNCT
cblr-1693	284	4	.	.	PUNCT
cblr-1693	285	1	a	a	DET
cblr-1693	285	2	security	security	NOUN
cblr-1693	285	3	-	-	PUNCT
cblr-1693	285	4	based	base	VERB
cblr-1693	285	5	swap	swap	NOUN
cblr-1693	285	6	is	be	AUX
cblr-1693	285	7	a	a	DET
cblr-1693	285	8	swap	swap	NOUN
cblr-1693	285	9	that	that	PRON
cblr-1693	285	10	is	be	AUX
cblr-1693	285	11	based	base	VERB
cblr-1693	285	12	on	on	ADP
cblr-1693	285	13	“	"	PUNCT
cblr-1693	285	14	a	a	DET
cblr-1693	285	15	narrow	narrow	ADV
cblr-1693	285	16	-	-	PUNCT
cblr-1693	285	17	based	base	VERB
cblr-1693	285	18	security	security	NOUN
cblr-1693	285	19	index	index	NOUN
cblr-1693	285	20	.	.	PUNCT
cblr-1693	285	21	.	.	PUNCT
cblr-1693	285	22	.	.	PUNCT
cblr-1693	286	1	a	a	DET
cblr-1693	286	2	single	single	ADJ
cblr-1693	286	3	security	security	NOUN
cblr-1693	286	4	or	or	CCONJ
cblr-1693	286	5	loan	loan	NOUN
cblr-1693	286	6	.	.	PUNCT
cblr-1693	286	7	.	.	PUNCT
cblr-1693	286	8	.	.	PUNCT
cblr-1693	287	1	or	or	CCONJ
cblr-1693	287	2	.	.	PUNCT
cblr-1693	287	3	.	.	PUNCT
cblr-1693	288	1	.	.	PUNCT
cblr-1693	289	1	the	the	DET
cblr-1693	289	2	occurrence	occurrence	NOUN
cblr-1693	289	3	,	,	PUNCT
cblr-1693	289	4	nonoccurrence	nonoccurrence	NOUN
cblr-1693	289	5	,	,	PUNCT
cblr-1693	289	6	or	or	CCONJ
cblr-1693	289	7	extent	extent	NOUN
cblr-1693	289	8	of	of	ADP
cblr-1693	289	9	the	the	DET
cblr-1693	289	10	occurrence	occurrence	NOUN
cblr-1693	289	11	of	of	ADP
cblr-1693	289	12	an	an	DET
cblr-1693	289	13	event	event	NOUN
cblr-1693	289	14	relating	relate	VERB
cblr-1693	289	15	to	to	ADP
cblr-1693	289	16	a	a	DET
cblr-1693	289	17	single	single	ADJ
cblr-1693	289	18	issuer	issuer	NOUN
cblr-1693	289	19	of	of	ADP
cblr-1693	289	20	a	a	DET
cblr-1693	289	21	security	security	NOUN
cblr-1693	289	22	or	or	CCONJ
cblr-1693	289	23	the	the	DET
cblr-1693	289	24	issuers	issuer	NOUN
cblr-1693	289	25	of	of	ADP
cblr-1693	289	26	securities	security	NOUN
cblr-1693	289	27	in	in	ADP
cblr-1693	289	28	a	a	DET
cblr-1693	289	29	narrowbased	narrowbased	ADJ
cblr-1693	289	30	security	security	NOUN
cblr-1693	289	31	index	index	NOUN
cblr-1693	289	32	[	[	X
cblr-1693	289	33	.	.	PROPN
cblr-1693	289	34	]	]	X
cblr-1693	289	35	”	"	PUNCT
cblr-1693	289	36	15	15	NUM
cblr-1693	289	37	u.s.c	u.s.c	NOUN
cblr-1693	289	38	.	.	PUNCT
cblr-1693	290	1	§	§	PROPN
cblr-1693	290	2	78c(a)(68	78c(a)(68	NUM
cblr-1693	290	3	)	)	PUNCT
cblr-1693	290	4	.	.	PUNCT
cblr-1693	291	1	63	63	NUM
cblr-1693	291	2	compare	compare	VERB
cblr-1693	291	3	7	7	NUM
cblr-1693	291	4	u.s.c	u.s.c	ADJ
cblr-1693	291	5	.	.	PUNCT
cblr-1693	292	1	§	§	PROPN
cblr-1693	292	2	2(h)(1)(a	2(h)(1)(a	NUM
cblr-1693	292	3	)	)	PUNCT
cblr-1693	292	4	(	(	PUNCT
cblr-1693	292	5	2012	2012	NUM
cblr-1693	292	6	)	)	PUNCT
cblr-1693	292	7	(	(	PUNCT
cblr-1693	292	8	“	"	PUNCT
cblr-1693	292	9	it	it	PRON
cblr-1693	292	10	shall	shall	AUX
cblr-1693	292	11	be	be	AUX
cblr-1693	292	12	unlawful	unlawful	ADJ
cblr-1693	292	13	for	for	SCONJ
cblr-1693	292	14	any	any	DET
cblr-1693	292	15	person	person	NOUN
cblr-1693	292	16	to	to	PART
cblr-1693	292	17	engage	engage	VERB
cblr-1693	292	18	in	in	ADP
cblr-1693	292	19	a	a	DET
cblr-1693	292	20	swap	swap	NOUN
cblr-1693	292	21	unless	unless	SCONJ
cblr-1693	292	22	that	that	DET
cblr-1693	292	23	person	person	NOUN
cblr-1693	292	24	submits	submit	VERB
cblr-1693	292	25	such	such	ADJ
cblr-1693	292	26	swap	swap	NOUN
cblr-1693	292	27	for	for	ADP
cblr-1693	292	28	clearing	clear	VERB
cblr-1693	292	29	to	to	ADP
cblr-1693	292	30	a	a	DET
cblr-1693	292	31	derivatives	derivative	NOUN
cblr-1693	292	32	clearing	clearing	NOUN
cblr-1693	292	33	organization	organization	NOUN
cblr-1693	292	34	that	that	PRON
cblr-1693	292	35	is	be	AUX
cblr-1693	292	36	registered	register	VERB
cblr-1693	292	37	under	under	ADP
cblr-1693	292	38	this	this	DET
cblr-1693	292	39	chapter	chapter	NOUN
cblr-1693	292	40	or	or	CCONJ
cblr-1693	292	41	a	a	DET
cblr-1693	292	42	derivatives	derivative	NOUN
cblr-1693	292	43	clearing	clearing	NOUN
cblr-1693	292	44	organization	organization	NOUN
cblr-1693	292	45	that	that	PRON
cblr-1693	292	46	is	be	AUX
cblr-1693	292	47	exempt	exempt	ADJ
cblr-1693	292	48	from	from	ADP
cblr-1693	292	49	no	no	NOUN
cblr-1693	292	50	.	.	PUNCT
cblr-1693	293	1	1:252	1:252	NUM
cblr-1693	293	2	]	]	X
cblr-1693	293	3	to	to	PART
cblr-1693	293	4	clear	clear	ADJ
cblr-1693	293	5	or	or	CCONJ
cblr-1693	293	6	not	not	PART
cblr-1693	293	7	to	to	PART
cblr-1693	293	8	clear	clear	VERB
cblr-1693	293	9	269	269	NUM
cblr-1693	293	10	separate	separate	ADJ
cblr-1693	293	11	review	review	NOUN
cblr-1693	293	12	processes	process	NOUN
cblr-1693	293	13	:	:	PUNCT
cblr-1693	293	14	the	the	DET
cblr-1693	293	15	agencies	agency	NOUN
cblr-1693	293	16	will	will	AUX
cblr-1693	293	17	conduct	conduct	VERB
cblr-1693	293	18	“	"	PUNCT
cblr-1693	293	19	[	[	X
cblr-1693	293	20	c]ommission	c]ommission	NOUN
cblr-1693	293	21	-	-	PUNCT
cblr-1693	293	22	initiated	initiate	VERB
cblr-1693	293	23	review”64	review”64	NOUN
cblr-1693	293	24	and	and	CCONJ
cblr-1693	293	25	accept	accept	VERB
cblr-1693	293	26	submissions65	submissions65	NOUN
cblr-1693	293	27	to	to	PART
cblr-1693	293	28	determine	determine	VERB
cblr-1693	293	29	which	which	DET
cblr-1693	293	30	products	product	NOUN
cblr-1693	293	31	will	will	AUX
cblr-1693	293	32	be	be	AUX
cblr-1693	293	33	subject	subject	ADJ
cblr-1693	293	34	to	to	ADP
cblr-1693	293	35	the	the	DET
cblr-1693	293	36	clearing	clearing	NOUN
cblr-1693	293	37	requirement	requirement	NOUN
cblr-1693	293	38	.	.	PUNCT
cblr-1693	294	1	once	once	SCONJ
cblr-1693	294	2	the	the	DET
cblr-1693	294	3	financial	financial	ADJ
cblr-1693	294	4	regulators	regulator	NOUN
cblr-1693	294	5	determine	determine	VERB
cblr-1693	294	6	,	,	PUNCT
cblr-1693	294	7	pursuant	pursuant	ADJ
cblr-1693	294	8	to	to	ADP
cblr-1693	294	9	this	this	DET
cblr-1693	294	10	process	process	NOUN
cblr-1693	294	11	,	,	PUNCT
cblr-1693	294	12	that	that	SCONJ
cblr-1693	294	13	a	a	DET
cblr-1693	294	14	product	product	NOUN
cblr-1693	294	15	must	must	AUX
cblr-1693	294	16	be	be	AUX
cblr-1693	294	17	cleared	clear	VERB
cblr-1693	294	18	,	,	PUNCT
cblr-1693	294	19	it	it	PRON
cblr-1693	294	20	is	be	AUX
cblr-1693	294	21	unlawful	unlawful	ADJ
cblr-1693	294	22	to	to	PART
cblr-1693	294	23	engage	engage	VERB
cblr-1693	294	24	in	in	ADP
cblr-1693	294	25	a	a	DET
cblr-1693	294	26	swap	swap	NOUN
cblr-1693	294	27	or	or	CCONJ
cblr-1693	294	28	security	security	NOUN
cblr-1693	294	29	-	-	PUNCT
cblr-1693	294	30	based	base	VERB
cblr-1693	294	31	swap	swap	NOUN
cblr-1693	294	32	without	without	ADP
cblr-1693	294	33	central	central	ADJ
cblr-1693	294	34	clearing.66	clearing.66	NOUN
cblr-1693	294	35	under	under	ADP
cblr-1693	294	36	the	the	DET
cblr-1693	294	37	submission	submission	NOUN
cblr-1693	294	38	process	process	NOUN
cblr-1693	294	39	,	,	PUNCT
cblr-1693	294	40	clearing	clear	VERB
cblr-1693	294	41	agencies	agency	NOUN
cblr-1693	294	42	that	that	PRON
cblr-1693	294	43	plan	plan	VERB
cblr-1693	294	44	to	to	PART
cblr-1693	294	45	accept	accept	VERB
cblr-1693	294	46	swaps	swap	NOUN
cblr-1693	294	47	or	or	CCONJ
cblr-1693	294	48	security	security	NOUN
cblr-1693	294	49	-	-	PUNCT
cblr-1693	294	50	based	base	VERB
cblr-1693	294	51	swaps	swap	NOUN
cblr-1693	294	52	for	for	ADP
cblr-1693	294	53	clearing	clearing	NOUN
cblr-1693	294	54	submit	submit	VERB
cblr-1693	294	55	these	these	DET
cblr-1693	294	56	swaps	swap	NOUN
cblr-1693	294	57	or	or	CCONJ
cblr-1693	294	58	security	security	NOUN
cblr-1693	294	59	-	-	PUNCT
cblr-1693	294	60	based	base	VERB
cblr-1693	294	61	swaps	swap	NOUN
cblr-1693	294	62	to	to	ADP
cblr-1693	294	63	the	the	DET
cblr-1693	294	64	financial	financial	PROPN
cblr-1693	294	65	regulators.67	regulators.67	PROPN
cblr-1693	294	66	commission	commission	NOUN
cblr-1693	294	67	-	-	PUNCT
cblr-1693	294	68	initiated	initiate	VERB
cblr-1693	294	69	review	review	NOUN
cblr-1693	294	70	directs	direct	VERB
cblr-1693	294	71	the	the	DET
cblr-1693	294	72	financial	financial	ADJ
cblr-1693	294	73	regulators	regulator	NOUN
cblr-1693	294	74	to	to	PART
cblr-1693	294	75	supplement	supplement	VERB
cblr-1693	294	76	these	these	DET
cblr-1693	294	77	submissions	submission	NOUN
cblr-1693	294	78	with	with	ADP
cblr-1693	294	79	evaluations	evaluation	NOUN
cblr-1693	294	80	of	of	ADP
cblr-1693	294	81	those	those	DET
cblr-1693	294	82	otc	otc	PROPN
cblr-1693	294	83	derivatives	derivative	NOUN
cblr-1693	294	84	that	that	PRON
cblr-1693	294	85	are	be	AUX
cblr-1693	294	86	not	not	PART
cblr-1693	294	87	accepted	accept	VERB
cblr-1693	294	88	for	for	ADP
cblr-1693	294	89	clearing	clear	VERB
cblr-1693	294	90	anywhere	anywhere	ADV
cblr-1693	294	91	—	—	PUNCT
cblr-1693	294	92	the	the	DET
cblr-1693	294	93	part	part	NOUN
cblr-1693	294	94	of	of	ADP
cblr-1693	294	95	the	the	DET
cblr-1693	294	96	market	market	NOUN
cblr-1693	294	97	made	make	VERB
cblr-1693	294	98	up	up	ADP
cblr-1693	294	99	of	of	ADP
cblr-1693	294	100	“	"	PUNCT
cblr-1693	294	101	privately	privately	ADV
cblr-1693	294	102	negotiated	negotiate	VERB
cblr-1693	294	103	transactions	transaction	NOUN
cblr-1693	294	104	entered	enter	VERB
cblr-1693	294	105	into	into	ADP
cblr-1693	294	106	by	by	ADP
cblr-1693	294	107	two	two	NUM
cblr-1693	294	108	registration	registration	NOUN
cblr-1693	294	109	under	under	ADP
cblr-1693	294	110	this	this	DET
cblr-1693	294	111	chapter	chapter	NOUN
cblr-1693	294	112	if	if	SCONJ
cblr-1693	294	113	the	the	DET
cblr-1693	294	114	swap	swap	NOUN
cblr-1693	294	115	is	be	AUX
cblr-1693	294	116	required	require	VERB
cblr-1693	294	117	to	to	PART
cblr-1693	294	118	be	be	AUX
cblr-1693	294	119	cleared	clear	VERB
cblr-1693	294	120	.	.	PUNCT
cblr-1693	294	121	”	"	PUNCT
cblr-1693	294	122	)	)	PUNCT
cblr-1693	294	123	with	with	ADP
cblr-1693	294	124	15	15	NUM
cblr-1693	294	125	u.s.c	u.s.c	ADJ
cblr-1693	294	126	.	.	PUNCT
cblr-1693	295	1	§	§	PROPN
cblr-1693	295	2	78c-3(a)(1	78c-3(a)(1	NOUN
cblr-1693	295	3	)	)	PUNCT
cblr-1693	295	4	(	(	PUNCT
cblr-1693	295	5	2012	2012	NUM
cblr-1693	295	6	)	)	PUNCT
cblr-1693	295	7	(	(	PUNCT
cblr-1693	295	8	“	"	PUNCT
cblr-1693	295	9	it	it	PRON
cblr-1693	295	10	shall	shall	AUX
cblr-1693	295	11	be	be	AUX
cblr-1693	295	12	unlawful	unlawful	ADJ
cblr-1693	295	13	for	for	SCONJ
cblr-1693	295	14	any	any	DET
cblr-1693	295	15	person	person	NOUN
cblr-1693	295	16	to	to	PART
cblr-1693	295	17	engage	engage	VERB
cblr-1693	295	18	in	in	ADP
cblr-1693	295	19	a	a	DET
cblr-1693	295	20	security	security	NOUN
cblr-1693	295	21	-	-	PUNCT
cblr-1693	295	22	based	base	VERB
cblr-1693	295	23	swap	swap	NOUN
cblr-1693	295	24	unless	unless	SCONJ
cblr-1693	295	25	that	that	DET
cblr-1693	295	26	person	person	NOUN
cblr-1693	295	27	submits	submit	VERB
cblr-1693	295	28	such	such	ADJ
cblr-1693	295	29	security	security	NOUN
cblr-1693	295	30	-	-	PUNCT
cblr-1693	295	31	based	base	VERB
cblr-1693	295	32	swap	swap	NOUN
cblr-1693	295	33	for	for	ADP
cblr-1693	295	34	clearing	clear	VERB
cblr-1693	295	35	to	to	ADP
cblr-1693	295	36	a	a	DET
cblr-1693	295	37	clearing	clearing	NOUN
cblr-1693	295	38	agency	agency	NOUN
cblr-1693	295	39	that	that	PRON
cblr-1693	295	40	is	be	AUX
cblr-1693	295	41	registered	register	VERB
cblr-1693	295	42	under	under	ADP
cblr-1693	295	43	this	this	DET
cblr-1693	295	44	chapter	chapter	NOUN
cblr-1693	295	45	or	or	CCONJ
cblr-1693	295	46	a	a	DET
cblr-1693	295	47	clearing	clearing	NOUN
cblr-1693	295	48	agency	agency	NOUN
cblr-1693	295	49	that	that	PRON
cblr-1693	295	50	is	be	AUX
cblr-1693	295	51	exempt	exempt	ADJ
cblr-1693	295	52	from	from	ADP
cblr-1693	295	53	registration	registration	NOUN
cblr-1693	295	54	under	under	ADP
cblr-1693	295	55	this	this	DET
cblr-1693	295	56	chapter	chapter	NOUN
cblr-1693	295	57	if	if	SCONJ
cblr-1693	295	58	the	the	DET
cblr-1693	295	59	security	security	NOUN
cblr-1693	295	60	-	-	PUNCT
cblr-1693	295	61	based	base	VERB
cblr-1693	295	62	swap	swap	NOUN
cblr-1693	295	63	is	be	AUX
cblr-1693	295	64	required	require	VERB
cblr-1693	295	65	to	to	PART
cblr-1693	295	66	be	be	AUX
cblr-1693	295	67	cleared	clear	VERB
cblr-1693	295	68	.	.	PUNCT
cblr-1693	295	69	”	"	PUNCT
cblr-1693	295	70	)	)	PUNCT
cblr-1693	295	71	.	.	PUNCT
cblr-1693	296	1	64	64	NUM
cblr-1693	296	2	see	see	VERB
cblr-1693	296	3	7	7	NUM
cblr-1693	296	4	u.s.c	u.s.c	ADJ
cblr-1693	296	5	.	.	PUNCT
cblr-1693	297	1	§	§	PROPN
cblr-1693	297	2	2(h)(2)(a)(i	2(h)(2)(a)(i	NUM
cblr-1693	297	3	)	)	PUNCT
cblr-1693	297	4	(	(	PUNCT
cblr-1693	297	5	2012	2012	NUM
cblr-1693	297	6	)	)	PUNCT
cblr-1693	297	7	(	(	PUNCT
cblr-1693	297	8	“	"	PUNCT
cblr-1693	297	9	the	the	DET
cblr-1693	297	10	[	[	X
cblr-1693	297	11	cftc	cftc	X
cblr-1693	297	12	]	]	PUNCT
cblr-1693	297	13	on	on	ADP
cblr-1693	297	14	an	an	DET
cblr-1693	297	15	ongoing	ongoing	ADJ
cblr-1693	297	16	basis	basis	NOUN
cblr-1693	297	17	shall	shall	AUX
cblr-1693	297	18	review	review	VERB
cblr-1693	297	19	each	each	DET
cblr-1693	297	20	swap	swap	NOUN
cblr-1693	297	21	.	.	PUNCT
cblr-1693	297	22	.	.	PUNCT
cblr-1693	297	23	.	.	PUNCT
cblr-1693	298	1	to	to	PART
cblr-1693	298	2	make	make	VERB
cblr-1693	298	3	a	a	DET
cblr-1693	298	4	determination	determination	NOUN
cblr-1693	298	5	as	as	ADP
cblr-1693	298	6	to	to	ADP
cblr-1693	298	7	whether	whether	SCONJ
cblr-1693	298	8	the	the	DET
cblr-1693	298	9	swap	swap	NOUN
cblr-1693	298	10	.	.	PUNCT
cblr-1693	299	1	.	.	PUNCT
cblr-1693	300	1	.	.	PUNCT
cblr-1693	301	1	should	should	AUX
cblr-1693	301	2	be	be	AUX
cblr-1693	301	3	required	require	VERB
cblr-1693	301	4	to	to	PART
cblr-1693	301	5	be	be	AUX
cblr-1693	301	6	cleared	clear	VERB
cblr-1693	301	7	.	.	PUNCT
cblr-1693	301	8	”	"	PUNCT
cblr-1693	301	9	)	)	PUNCT
cblr-1693	301	10	;	;	PUNCT
cblr-1693	301	11	15	15	NUM
cblr-1693	301	12	u.s.c	u.s.c	NOUN
cblr-1693	301	13	.	.	PUNCT
cblr-1693	302	1	§	§	PROPN
cblr-1693	302	2	78c-3(b)(1)(a	78c-3(b)(1)(a	NUM
cblr-1693	302	3	)	)	PUNCT
cblr-1693	302	4	(	(	PUNCT
cblr-1693	302	5	2012	2012	NUM
cblr-1693	302	6	)	)	PUNCT
cblr-1693	302	7	(	(	PUNCT
cblr-1693	302	8	“	"	PUNCT
cblr-1693	302	9	the	the	DET
cblr-1693	302	10	[	[	X
cblr-1693	302	11	sec	sec	PROPN
cblr-1693	302	12	]	]	X
cblr-1693	302	13	on	on	ADP
cblr-1693	302	14	an	an	DET
cblr-1693	302	15	ongoing	ongoing	ADJ
cblr-1693	302	16	basis	basis	NOUN
cblr-1693	302	17	shall	shall	AUX
cblr-1693	302	18	review	review	VERB
cblr-1693	302	19	each	each	DET
cblr-1693	302	20	security	security	NOUN
cblr-1693	302	21	-	-	PUNCT
cblr-1693	302	22	based	base	VERB
cblr-1693	302	23	swap	swap	NOUN
cblr-1693	302	24	.	.	PUNCT
cblr-1693	302	25	.	.	PUNCT
cblr-1693	302	26	.	.	PUNCT
cblr-1693	303	1	to	to	PART
cblr-1693	303	2	make	make	VERB
cblr-1693	303	3	a	a	DET
cblr-1693	303	4	determination	determination	NOUN
cblr-1693	303	5	that	that	SCONJ
cblr-1693	303	6	such	such	ADJ
cblr-1693	303	7	security	security	NOUN
cblr-1693	303	8	-	-	PUNCT
cblr-1693	303	9	based	base	VERB
cblr-1693	303	10	swap	swap	NOUN
cblr-1693	303	11	.	.	PUNCT
cblr-1693	303	12	.	.	PUNCT
cblr-1693	304	1	.	.	PUNCT
cblr-1693	305	1	should	should	AUX
cblr-1693	305	2	be	be	AUX
cblr-1693	305	3	required	require	VERB
cblr-1693	305	4	to	to	PART
cblr-1693	305	5	be	be	AUX
cblr-1693	305	6	cleared	clear	VERB
cblr-1693	305	7	.	.	PUNCT
cblr-1693	305	8	”	"	PUNCT
cblr-1693	305	9	)	)	PUNCT
cblr-1693	305	10	.	.	PUNCT
cblr-1693	306	1	65	65	NUM
cblr-1693	306	2	see	see	VERB
cblr-1693	306	3	7	7	NUM
cblr-1693	306	4	u.s.c	u.s.c	ADJ
cblr-1693	306	5	.	.	PUNCT
cblr-1693	307	1	§	§	PROPN
cblr-1693	307	2	2(h)(2)(b)(i	2(h)(2)(b)(i	NUM
cblr-1693	307	3	)	)	PUNCT
cblr-1693	307	4	(	(	PUNCT
cblr-1693	307	5	2012	2012	NUM
cblr-1693	307	6	)	)	PUNCT
cblr-1693	307	7	(	(	PUNCT
cblr-1693	307	8	“	"	PUNCT
cblr-1693	307	9	a	a	DET
cblr-1693	307	10	derivatives	derivative	NOUN
cblr-1693	307	11	clearing	clearing	NOUN
cblr-1693	307	12	organization	organization	NOUN
cblr-1693	307	13	shall	shall	AUX
cblr-1693	307	14	submit	submit	VERB
cblr-1693	307	15	to	to	ADP
cblr-1693	307	16	the	the	DET
cblr-1693	307	17	[	[	X
cblr-1693	307	18	cftc	cftc	X
cblr-1693	307	19	]	]	X
cblr-1693	307	20	each	each	DET
cblr-1693	307	21	swap	swap	NOUN
cblr-1693	307	22	.	.	PUNCT
cblr-1693	307	23	.	.	PUNCT
cblr-1693	307	24	.	.	PUNCT
cblr-1693	308	1	that	that	SCONJ
cblr-1693	308	2	it	it	PRON
cblr-1693	308	3	plans	plan	VERB
cblr-1693	308	4	to	to	PART
cblr-1693	308	5	accept	accept	VERB
cblr-1693	308	6	for	for	ADP
cblr-1693	308	7	clearing[.]”);15	clearing[.]”);15	NOUN
cblr-1693	308	8	u.s.c	u.s.c	ADJ
cblr-1693	308	9	.	.	PUNCT
cblr-1693	309	1	§	§	PROPN
cblr-1693	309	2	78c-3(b)(2)(a	78c-3(b)(2)(a	NOUN
cblr-1693	309	3	)	)	PUNCT
cblr-1693	309	4	(	(	PUNCT
cblr-1693	309	5	2012	2012	NUM
cblr-1693	309	6	)	)	PUNCT
cblr-1693	309	7	(	(	PUNCT
cblr-1693	309	8	“	"	PUNCT
cblr-1693	309	9	a	a	DET
cblr-1693	309	10	clearing	clearing	NOUN
cblr-1693	309	11	agency	agency	NOUN
cblr-1693	309	12	shall	shall	AUX
cblr-1693	309	13	submit	submit	VERB
cblr-1693	309	14	to	to	ADP
cblr-1693	309	15	the	the	DET
cblr-1693	309	16	[	[	X
cblr-1693	309	17	sec	sec	PROPN
cblr-1693	309	18	]	]	X
cblr-1693	309	19	each	each	DET
cblr-1693	309	20	security	security	NOUN
cblr-1693	309	21	-	-	PUNCT
cblr-1693	309	22	based	base	VERB
cblr-1693	309	23	swap	swap	NOUN
cblr-1693	309	24	.	.	PUNCT
cblr-1693	309	25	.	.	PUNCT
cblr-1693	309	26	.	.	PUNCT
cblr-1693	310	1	that	that	SCONJ
cblr-1693	310	2	it	it	PRON
cblr-1693	310	3	plans	plan	VERB
cblr-1693	310	4	to	to	PART
cblr-1693	310	5	accept	accept	VERB
cblr-1693	310	6	for	for	ADP
cblr-1693	310	7	clearing	clear	VERB
cblr-1693	310	8	[	[	X
cblr-1693	310	9	.	.	X
cblr-1693	310	10	]	]	X
cblr-1693	310	11	”	"	PUNCT
cblr-1693	310	12	)	)	PUNCT
cblr-1693	310	13	.	.	PUNCT
cblr-1693	311	1	66	66	NUM
cblr-1693	311	2	see	see	VERB
cblr-1693	311	3	7	7	NUM
cblr-1693	311	4	u.s.c	u.s.c	ADJ
cblr-1693	311	5	.	.	PUNCT
cblr-1693	312	1	§	§	PROPN
cblr-1693	312	2	2(h)(1)(a	2(h)(1)(a	NUM
cblr-1693	312	3	)	)	PUNCT
cblr-1693	312	4	(	(	PUNCT
cblr-1693	312	5	2012	2012	NUM
cblr-1693	312	6	)	)	PUNCT
cblr-1693	312	7	(	(	PUNCT
cblr-1693	312	8	“	"	PUNCT
cblr-1693	312	9	it	it	PRON
cblr-1693	312	10	shall	shall	AUX
cblr-1693	312	11	be	be	AUX
cblr-1693	312	12	unlawful	unlawful	ADJ
cblr-1693	312	13	for	for	SCONJ
cblr-1693	312	14	any	any	DET
cblr-1693	312	15	person	person	NOUN
cblr-1693	312	16	to	to	PART
cblr-1693	312	17	engage	engage	VERB
cblr-1693	312	18	in	in	ADP
cblr-1693	312	19	a	a	DET
cblr-1693	312	20	swap	swap	NOUN
cblr-1693	312	21	.	.	PUNCT
cblr-1693	312	22	.	.	PUNCT
cblr-1693	313	1	.	.	PUNCT
cblr-1693	314	1	if	if	SCONJ
cblr-1693	314	2	the	the	DET
cblr-1693	314	3	swap	swap	NOUN
cblr-1693	314	4	is	be	AUX
cblr-1693	314	5	required	require	VERB
cblr-1693	314	6	to	to	PART
cblr-1693	314	7	be	be	AUX
cblr-1693	314	8	cleared	clear	VERB
cblr-1693	314	9	.	.	PUNCT
cblr-1693	314	10	”	"	PUNCT
cblr-1693	314	11	)	)	PUNCT
cblr-1693	314	12	;	;	PUNCT
cblr-1693	314	13	15	15	NUM
cblr-1693	314	14	u.s.c	u.s.c	NOUN
cblr-1693	314	15	.	.	PUNCT
cblr-1693	315	1	§	§	PROPN
cblr-1693	315	2	78c-3(a)(1	78c-3(a)(1	NOUN
cblr-1693	315	3	)	)	PUNCT
cblr-1693	315	4	(	(	PUNCT
cblr-1693	315	5	2012	2012	NUM
cblr-1693	315	6	)	)	PUNCT
cblr-1693	315	7	(	(	PUNCT
cblr-1693	315	8	“	"	PUNCT
cblr-1693	315	9	it	it	PRON
cblr-1693	315	10	shall	shall	AUX
cblr-1693	315	11	be	be	AUX
cblr-1693	315	12	unlawful	unlawful	ADJ
cblr-1693	315	13	for	for	SCONJ
cblr-1693	315	14	any	any	DET
cblr-1693	315	15	person	person	NOUN
cblr-1693	315	16	to	to	PART
cblr-1693	315	17	engage	engage	VERB
cblr-1693	315	18	in	in	ADP
cblr-1693	315	19	a	a	DET
cblr-1693	315	20	security	security	NOUN
cblr-1693	315	21	-	-	PUNCT
cblr-1693	315	22	based	base	VERB
cblr-1693	315	23	swap	swap	NOUN
cblr-1693	315	24	.	.	PUNCT
cblr-1693	315	25	.	.	PUNCT
cblr-1693	316	1	.	.	PUNCT
cblr-1693	317	1	if	if	SCONJ
cblr-1693	317	2	the	the	DET
cblr-1693	317	3	security	security	NOUN
cblr-1693	317	4	-	-	PUNCT
cblr-1693	317	5	based	base	VERB
cblr-1693	317	6	swap	swap	NOUN
cblr-1693	317	7	is	be	AUX
cblr-1693	317	8	required	require	VERB
cblr-1693	317	9	to	to	PART
cblr-1693	317	10	be	be	AUX
cblr-1693	317	11	cleared	clear	VERB
cblr-1693	317	12	.	.	PUNCT
cblr-1693	317	13	”	"	PUNCT
cblr-1693	317	14	)	)	PUNCT
cblr-1693	317	15	.	.	PUNCT
cblr-1693	318	1	67	67	NUM
cblr-1693	318	2	see	see	VERB
cblr-1693	318	3	7	7	NUM
cblr-1693	318	4	u.s.c	u.s.c	ADJ
cblr-1693	318	5	.	.	PUNCT
cblr-1693	319	1	§	§	PROPN
cblr-1693	319	2	2(h)(2)(b)(i	2(h)(2)(b)(i	NUM
cblr-1693	319	3	)	)	PUNCT
cblr-1693	319	4	(	(	PUNCT
cblr-1693	319	5	2012	2012	NUM
cblr-1693	319	6	)	)	PUNCT
cblr-1693	319	7	(	(	PUNCT
cblr-1693	319	8	“	"	PUNCT
cblr-1693	319	9	a	a	DET
cblr-1693	319	10	derivatives	derivative	NOUN
cblr-1693	319	11	clearing	clearing	NOUN
cblr-1693	319	12	organization	organization	NOUN
cblr-1693	319	13	shall	shall	AUX
cblr-1693	319	14	submit	submit	VERB
cblr-1693	319	15	to	to	ADP
cblr-1693	319	16	the	the	DET
cblr-1693	319	17	[	[	X
cblr-1693	319	18	cftc	cftc	X
cblr-1693	319	19	]	]	X
cblr-1693	319	20	each	each	DET
cblr-1693	319	21	swap	swap	NOUN
cblr-1693	319	22	.	.	PUNCT
cblr-1693	319	23	.	.	PUNCT
cblr-1693	319	24	.	.	PUNCT
cblr-1693	320	1	that	that	SCONJ
cblr-1693	320	2	it	it	PRON
cblr-1693	320	3	plans	plan	VERB
cblr-1693	320	4	to	to	PART
cblr-1693	320	5	accept	accept	VERB
cblr-1693	320	6	for	for	ADP
cblr-1693	320	7	clearing	clear	VERB
cblr-1693	320	8	[	[	X
cblr-1693	320	9	.	.	X
cblr-1693	320	10	]	]	X
cblr-1693	320	11	”	"	PUNCT
cblr-1693	320	12	)	)	PUNCT
cblr-1693	320	13	;	;	PUNCT
cblr-1693	320	14	15	15	NUM
cblr-1693	320	15	u.s.c	u.s.c	NOUN
cblr-1693	320	16	.	.	PUNCT
cblr-1693	321	1	§	§	PROPN
cblr-1693	321	2	78c-3(b)(2)(a	78c-3(b)(2)(a	NOUN
cblr-1693	321	3	)	)	PUNCT
cblr-1693	321	4	(	(	PUNCT
cblr-1693	321	5	2012	2012	NUM
cblr-1693	321	6	)	)	PUNCT
cblr-1693	321	7	(	(	PUNCT
cblr-1693	321	8	“	"	PUNCT
cblr-1693	321	9	a	a	DET
cblr-1693	321	10	clearing	clearing	NOUN
cblr-1693	321	11	agency	agency	NOUN
cblr-1693	321	12	shall	shall	AUX
cblr-1693	321	13	submit	submit	VERB
cblr-1693	321	14	to	to	ADP
cblr-1693	321	15	the	the	DET
cblr-1693	321	16	[	[	X
cblr-1693	321	17	sec	sec	PROPN
cblr-1693	321	18	]	]	X
cblr-1693	321	19	each	each	DET
cblr-1693	321	20	security	security	NOUN
cblr-1693	321	21	-	-	PUNCT
cblr-1693	321	22	based	base	VERB
cblr-1693	321	23	swap	swap	NOUN
cblr-1693	321	24	.	.	PUNCT
cblr-1693	321	25	.	.	PUNCT
cblr-1693	321	26	.	.	PUNCT
cblr-1693	322	1	that	that	SCONJ
cblr-1693	322	2	it	it	PRON
cblr-1693	322	3	plans	plan	VERB
cblr-1693	322	4	to	to	PART
cblr-1693	322	5	accept	accept	VERB
cblr-1693	322	6	for	for	ADP
cblr-1693	322	7	clearing	clear	VERB
cblr-1693	322	8	[	[	X
cblr-1693	322	9	.	.	X
cblr-1693	322	10	]	]	X
cblr-1693	322	11	”	"	PUNCT
cblr-1693	322	12	)	)	PUNCT
cblr-1693	322	13	.	.	PUNCT
cblr-1693	323	1	270	270	NUM
cblr-1693	323	2	columbia	columbia	PROPN
cblr-1693	323	3	business	business	NOUN
cblr-1693	323	4	law	law	PROPN
cblr-1693	323	5	review	review	NOUN
cblr-1693	324	1	[	[	X
cblr-1693	324	2	vol	vol	NOUN
cblr-1693	324	3	.	.	NOUN
cblr-1693	324	4	2019	2019	NUM
cblr-1693	324	5	counterparties	counterpartie	NOUN
cblr-1693	324	6	,	,	PUNCT
cblr-1693	324	7	in	in	ADP
cblr-1693	324	8	which	which	PRON
cblr-1693	324	9	each	each	PRON
cblr-1693	324	10	assumes	assume	VERB
cblr-1693	324	11	the	the	DET
cblr-1693	324	12	credit	credit	NOUN
cblr-1693	324	13	risk	risk	NOUN
cblr-1693	324	14	of	of	ADP
cblr-1693	324	15	the	the	DET
cblr-1693	324	16	other[.]”68	other[.]”68	NOUN
cblr-1693	324	17	when	when	SCONJ
cblr-1693	324	18	making	make	VERB
cblr-1693	324	19	determinations	determination	NOUN
cblr-1693	324	20	under	under	ADP
cblr-1693	324	21	either	either	DET
cblr-1693	324	22	approach	approach	NOUN
cblr-1693	324	23	,	,	PUNCT
cblr-1693	324	24	the	the	DET
cblr-1693	324	25	statute	statute	NOUN
cblr-1693	324	26	requires	require	VERB
cblr-1693	324	27	that	that	SCONJ
cblr-1693	324	28	the	the	DET
cblr-1693	324	29	financial	financial	ADJ
cblr-1693	324	30	regulators	regulator	NOUN
cblr-1693	324	31	consider	consider	VERB
cblr-1693	324	32	five	five	NUM
cblr-1693	324	33	factors	factor	NOUN
cblr-1693	324	34	:	:	PUNCT
cblr-1693	324	35	(	(	PUNCT
cblr-1693	324	36	1	1	X
cblr-1693	324	37	)	)	PUNCT
cblr-1693	324	38	economic	economic	ADJ
cblr-1693	324	39	characteristics	characteristic	NOUN
cblr-1693	324	40	of	of	ADP
cblr-1693	324	41	the	the	DET
cblr-1693	324	42	product	product	NOUN
cblr-1693	324	43	,	,	PUNCT
cblr-1693	324	44	such	such	ADJ
cblr-1693	324	45	as	as	ADP
cblr-1693	324	46	outstanding	outstanding	ADJ
cblr-1693	324	47	notional	notional	ADJ
cblr-1693	324	48	exposure	exposure	NOUN
cblr-1693	324	49	,	,	PUNCT
cblr-1693	324	50	trading	trading	NOUN
cblr-1693	324	51	liquidity	liquidity	NOUN
cblr-1693	324	52	,	,	PUNCT
cblr-1693	324	53	and	and	CCONJ
cblr-1693	324	54	adequate	adequate	ADJ
cblr-1693	324	55	pricing	pricing	NOUN
cblr-1693	324	56	data	datum	NOUN
cblr-1693	324	57	;	;	PUNCT
cblr-1693	324	58	(	(	PUNCT
cblr-1693	324	59	2	2	X
cblr-1693	324	60	)	)	PUNCT
cblr-1693	324	61	operational	operational	ADJ
cblr-1693	324	62	viability	viability	NOUN
cblr-1693	324	63	of	of	ADP
cblr-1693	324	64	clearing	clear	VERB
cblr-1693	324	65	the	the	DET
cblr-1693	324	66	contracts	contract	NOUN
cblr-1693	324	67	consistently	consistently	ADV
cblr-1693	324	68	with	with	ADP
cblr-1693	324	69	their	their	PRON
cblr-1693	324	70	current	current	ADJ
cblr-1693	324	71	material	material	NOUN
cblr-1693	324	72	terms	term	NOUN
cblr-1693	324	73	and	and	CCONJ
cblr-1693	324	74	trading	trading	NOUN
cblr-1693	324	75	conventions	convention	NOUN
cblr-1693	324	76	;	;	PUNCT
cblr-1693	324	77	(	(	PUNCT
cblr-1693	324	78	3	3	X
cblr-1693	324	79	)	)	PUNCT
cblr-1693	324	80	the	the	DET
cblr-1693	324	81	extent	extent	NOUN
cblr-1693	324	82	to	to	PART
cblr-1693	324	83	which	which	PRON
cblr-1693	324	84	mandatory	mandatory	ADJ
cblr-1693	324	85	clearing	clearing	NOUN
cblr-1693	324	86	will	will	AUX
cblr-1693	324	87	mitigate	mitigate	VERB
cblr-1693	324	88	systemic	systemic	ADJ
cblr-1693	324	89	risk	risk	NOUN
cblr-1693	324	90	;	;	PUNCT
cblr-1693	324	91	(	(	PUNCT
cblr-1693	324	92	4	4	X
cblr-1693	324	93	)	)	PUNCT
cblr-1693	324	94	impact	impact	NOUN
cblr-1693	324	95	of	of	ADP
cblr-1693	324	96	mandatory	mandatory	ADJ
cblr-1693	324	97	clearing	clearing	NOUN
cblr-1693	324	98	on	on	ADP
cblr-1693	324	99	competition	competition	NOUN
cblr-1693	324	100	;	;	PUNCT
cblr-1693	324	101	and	and	CCONJ
cblr-1693	324	102	(	(	PUNCT
cblr-1693	324	103	5	5	X
cblr-1693	324	104	)	)	PUNCT
cblr-1693	324	105	the	the	DET
cblr-1693	324	106	existence	existence	NOUN
cblr-1693	324	107	of	of	ADP
cblr-1693	324	108	“	"	PUNCT
cblr-1693	324	109	reasonable	reasonable	ADJ
cblr-1693	324	110	legal	legal	ADJ
cblr-1693	324	111	certainty	certainty	NOUN
cblr-1693	324	112	”	"	PUNCT
cblr-1693	324	113	with	with	ADP
cblr-1693	324	114	regard	regard	NOUN
cblr-1693	324	115	to	to	ADP
cblr-1693	324	116	treatment	treatment	NOUN
cblr-1693	324	117	of	of	ADP
cblr-1693	324	118	customer	customer	NOUN
cblr-1693	324	119	positions	position	NOUN
cblr-1693	324	120	,	,	PUNCT
cblr-1693	324	121	funds	fund	NOUN
cblr-1693	324	122	,	,	PUNCT
cblr-1693	324	123	and	and	CCONJ
cblr-1693	324	124	property	property	NOUN
cblr-1693	324	125	in	in	ADP
cblr-1693	324	126	the	the	DET
cblr-1693	324	127	event	event	NOUN
cblr-1693	324	128	of	of	ADP
cblr-1693	324	129	a	a	DET
cblr-1693	324	130	clearing	clearing	NOUN
cblr-1693	324	131	organization	organization	NOUN
cblr-1693	324	132	or	or	CCONJ
cblr-1693	324	133	member	member	NOUN
cblr-1693	324	134	’s	’s	PART
cblr-1693	324	135	insolvency.69	insolvency.69	VERB
cblr-1693	324	136	the	the	DET
cblr-1693	324	137	statute	statute	NOUN
cblr-1693	324	138	further	far	ADV
cblr-1693	324	139	emphasizes	emphasize	VERB
cblr-1693	324	140	the	the	DET
cblr-1693	324	141	importance	importance	NOUN
cblr-1693	324	142	of	of	ADP
cblr-1693	324	143	central	central	ADJ
cblr-1693	324	144	clearing	clearing	NOUN
cblr-1693	324	145	by	by	ADP
cblr-1693	324	146	authorizing	authorize	VERB
cblr-1693	324	147	the	the	DET
cblr-1693	324	148	financial	financial	ADJ
cblr-1693	324	149	regulators	regulator	NOUN
cblr-1693	324	150	to	to	PART
cblr-1693	324	151	prescribe	prescribe	VERB
cblr-1693	324	152	rules	rule	NOUN
cblr-1693	324	153	that	that	SCONJ
cblr-1693	324	154	“	"	PUNCT
cblr-1693	324	155	prevent	prevent	VERB
cblr-1693	324	156	evasions	evasion	NOUN
cblr-1693	324	157	of	of	ADP
cblr-1693	324	158	the	the	DET
cblr-1693	324	159	mandatory	mandatory	ADJ
cblr-1693	324	160	clearing	clearing	NOUN
cblr-1693	324	161	requirements[.]”70	requirements[.]”70	NUM
cblr-1693	324	162	where	where	SCONJ
cblr-1693	324	163	a	a	DET
cblr-1693	324	164	product	product	NOUN
cblr-1693	324	165	type	type	NOUN
cblr-1693	324	166	should	should	AUX
cblr-1693	324	167	be	be	AUX
cblr-1693	324	168	subject	subject	ADJ
cblr-1693	324	169	to	to	ADP
cblr-1693	324	170	mandatory	mandatory	ADJ
cblr-1693	324	171	clearing	clearing	NOUN
cblr-1693	324	172	,	,	PUNCT
cblr-1693	324	173	but	but	CCONJ
cblr-1693	324	174	there	there	PRON
cblr-1693	324	175	is	be	VERB
cblr-1693	324	176	no	no	DET
cblr-1693	324	177	eligible	eligible	ADJ
cblr-1693	324	178	organization	organization	NOUN
cblr-1693	324	179	listing	list	VERB
cblr-1693	324	180	the	the	DET
cblr-1693	324	181	product	product	NOUN
cblr-1693	324	182	,	,	PUNCT
cblr-1693	324	183	the	the	DET
cblr-1693	324	184	financial	financial	ADJ
cblr-1693	324	185	regulators	regulator	NOUN
cblr-1693	324	186	are	be	AUX
cblr-1693	324	187	allowed	allow	VERB
cblr-1693	324	188	to	to	PART
cblr-1693	324	189	instead	instead	ADV
cblr-1693	324	190	mitigate	mitigate	VERB
cblr-1693	324	191	the	the	DET
cblr-1693	324	192	risk	risk	NOUN
cblr-1693	324	193	by	by	ADP
cblr-1693	324	194	requiring	require	VERB
cblr-1693	324	195	that	that	SCONJ
cblr-1693	324	196	parties	party	NOUN
cblr-1693	324	197	retain	retain	VERB
cblr-1693	324	198	additional	additional	ADJ
cblr-1693	324	199	margin	margin	NOUN
cblr-1693	324	200	or	or	CCONJ
cblr-1693	324	201	capital.71	capital.71	VERB
cblr-1693	324	202	these	these	DET
cblr-1693	324	203	fallback	fallback	NOUN
cblr-1693	324	204	requirements	requirement	NOUN
cblr-1693	324	205	are	be	AUX
cblr-1693	324	206	meant	mean	VERB
cblr-1693	324	207	to	to	PART
cblr-1693	324	208	serve	serve	VERB
cblr-1693	324	209	dual	dual	ADJ
cblr-1693	324	210	purposes	purpose	NOUN
cblr-1693	324	211	:	:	PUNCT
cblr-1693	324	212	protecting	protect	VERB
cblr-1693	324	213	parties	party	NOUN
cblr-1693	324	214	from	from	ADP
cblr-1693	324	215	credit	credit	NOUN
cblr-1693	324	216	risk	risk	NOUN
cblr-1693	324	217	and	and	CCONJ
cblr-1693	324	218	encouraging	encourage	VERB
cblr-1693	324	219	the	the	DET
cblr-1693	324	220	market	market	NOUN
cblr-1693	324	221	to	to	PART
cblr-1693	324	222	consider	consider	VERB
cblr-1693	324	223	centrally	centrally	ADV
cblr-1693	324	224	clearing	clear	VERB
cblr-1693	324	225	products	product	NOUN
cblr-1693	324	226	that	that	SCONJ
cblr-1693	324	227	it	it	PRON
cblr-1693	324	228	may	may	AUX
cblr-1693	324	229	not	not	PART
cblr-1693	324	230	have	have	VERB
cblr-1693	324	231	otherwise	otherwise	ADV
cblr-1693	324	232	.	.	PUNCT
cblr-1693	325	1	in	in	ADP
cblr-1693	325	2	summary	summary	NOUN
cblr-1693	325	3	,	,	PUNCT
cblr-1693	325	4	the	the	DET
cblr-1693	325	5	statutory	statutory	ADJ
cblr-1693	325	6	structure	structure	NOUN
cblr-1693	325	7	reflects	reflect	VERB
cblr-1693	325	8	the	the	DET
cblr-1693	325	9	senate	senate	PROPN
cblr-1693	325	10	’s	’s	PART
cblr-1693	325	11	policy	policy	NOUN
cblr-1693	325	12	preference	preference	NOUN
cblr-1693	325	13	for	for	ADP
cblr-1693	325	14	mandatory	mandatory	ADJ
cblr-1693	325	15	central	central	ADJ
cblr-1693	325	16	clearing	clearing	NOUN
cblr-1693	325	17	.	.	PUNCT
cblr-1693	326	1	title	title	PROPN
cblr-1693	326	2	vii	vii	PROPN
cblr-1693	326	3	’s	’s	PART
cblr-1693	326	4	primary	primary	ADJ
cblr-1693	326	5	means	mean	NOUN
cblr-1693	326	6	of	of	ADP
cblr-1693	326	7	regulation	regulation	NOUN
cblr-1693	326	8	—	—	PUNCT
cblr-1693	326	9	the	the	DET
cblr-1693	326	10	mandatory	mandatory	ADJ
cblr-1693	326	11	clearing	clearing	NOUN
cblr-1693	326	12	determinations	determination	NOUN
cblr-1693	326	13	and	and	CCONJ
cblr-1693	326	14	the	the	DET
cblr-1693	326	15	two	two	NUM
cblr-1693	326	16	procedures	procedure	NOUN
cblr-1693	326	17	set	set	VERB
cblr-1693	326	18	out	out	ADP
cblr-1693	326	19	for	for	ADP
cblr-1693	326	20	reviewing	review	VERB
cblr-1693	326	21	product	product	NOUN
cblr-1693	326	22	types	type	NOUN
cblr-1693	326	23	(	(	PUNCT
cblr-1693	326	24	by	by	ADP
cblr-1693	326	25	submission	submission	NOUN
cblr-1693	326	26	process	process	NOUN
cblr-1693	326	27	and	and	CCONJ
cblr-1693	326	28	commissioninitiated	commissioninitiate	VERB
cblr-1693	326	29	review)—ensure	review)—ensure	NOUN
cblr-1693	326	30	that	that	SCONJ
cblr-1693	326	31	the	the	DET
cblr-1693	326	32	financial	financial	ADJ
cblr-1693	326	33	regulators	regulator	NOUN
cblr-1693	326	34	will	will	AUX
cblr-1693	326	35	consider	consider	VERB
cblr-1693	326	36	all	all	DET
cblr-1693	326	37	derivative	derivative	ADJ
cblr-1693	326	38	products	product	NOUN
cblr-1693	326	39	for	for	ADP
cblr-1693	326	40	mandatory	mandatory	ADJ
cblr-1693	326	41	clearing	clearing	NOUN
cblr-1693	326	42	.	.	PUNCT
cblr-1693	327	1	the	the	DET
cblr-1693	327	2	68	68	NUM
cblr-1693	327	3	process	process	NOUN
cblr-1693	327	4	for	for	ADP
cblr-1693	327	5	submissions	submission	NOUN
cblr-1693	327	6	for	for	ADP
cblr-1693	327	7	review	review	NOUN
cblr-1693	327	8	of	of	ADP
cblr-1693	327	9	security	security	NOUN
cblr-1693	327	10	-	-	PUNCT
cblr-1693	327	11	based	base	VERB
cblr-1693	327	12	swaps	swap	NOUN
cblr-1693	327	13	for	for	ADP
cblr-1693	327	14	mandatory	mandatory	ADJ
cblr-1693	327	15	clearing	clearing	NOUN
cblr-1693	327	16	and	and	CCONJ
cblr-1693	327	17	notice	notice	VERB
cblr-1693	327	18	filing	filing	NOUN
cblr-1693	327	19	requirements	requirement	NOUN
cblr-1693	327	20	for	for	ADP
cblr-1693	327	21	clearing	clear	VERB
cblr-1693	327	22	agencies	agency	NOUN
cblr-1693	327	23	;	;	PUNCT
cblr-1693	327	24	technical	technical	ADJ
cblr-1693	327	25	amendments	amendment	NOUN
cblr-1693	327	26	to	to	PART
cblr-1693	327	27	rule	rule	VERB
cblr-1693	327	28	19b-4	19b-4	NOUN
cblr-1693	327	29	and	and	CCONJ
cblr-1693	327	30	form	form	VERB
cblr-1693	327	31	19b-4	19b-4	NOUN
cblr-1693	327	32	applicable	applicable	ADJ
cblr-1693	327	33	to	to	ADP
cblr-1693	327	34	all	all	DET
cblr-1693	327	35	selfregulatory	selfregulatory	ADJ
cblr-1693	327	36	organizations	organization	NOUN
cblr-1693	327	37	,	,	PUNCT
cblr-1693	327	38	77	77	NUM
cblr-1693	327	39	fed	fed	PROPN
cblr-1693	327	40	.	.	PUNCT
cblr-1693	328	1	reg	reg	PROPN
cblr-1693	328	2	.	.	PUNCT
cblr-1693	329	1	41,602	41,602	NUM
cblr-1693	329	2	,	,	PUNCT
cblr-1693	329	3	41,603	41,603	NUM
cblr-1693	329	4	(	(	PUNCT
cblr-1693	329	5	july	july	PROPN
cblr-1693	329	6	13	13	NUM
cblr-1693	329	7	,	,	PUNCT
cblr-1693	329	8	2012	2012	NUM
cblr-1693	329	9	)	)	PUNCT
cblr-1693	329	10	(	(	PUNCT
cblr-1693	329	11	codified	codify	VERB
cblr-1693	329	12	at	at	ADP
cblr-1693	329	13	17	17	NUM
cblr-1693	329	14	c.f.r	c.f.r	NOUN
cblr-1693	329	15	.	.	PUNCT
cblr-1693	330	1	pts	pts	PROPN
cblr-1693	330	2	.	.	PROPN
cblr-1693	330	3	240	240	NUM
cblr-1693	330	4	,	,	PUNCT
cblr-1693	330	5	249	249	NUM
cblr-1693	330	6	)	)	PUNCT
cblr-1693	330	7	.	.	PUNCT
cblr-1693	331	1	69	69	NUM
cblr-1693	331	2	see	see	VERB
cblr-1693	331	3	7	7	NUM
cblr-1693	331	4	u.s.c	u.s.c	ADJ
cblr-1693	331	5	.	.	PUNCT
cblr-1693	332	1	§	§	PROPN
cblr-1693	332	2	2(h)(2)(d)(ii	2(h)(2)(d)(ii	NUM
cblr-1693	332	3	)	)	PUNCT
cblr-1693	332	4	(	(	PUNCT
cblr-1693	332	5	2012	2012	NUM
cblr-1693	332	6	)	)	PUNCT
cblr-1693	332	7	;	;	PUNCT
cblr-1693	332	8	15	15	NUM
cblr-1693	332	9	u.s.c	u.s.c	NOUN
cblr-1693	332	10	.	.	PUNCT
cblr-1693	333	1	§	§	PROPN
cblr-1693	333	2	78c-3(b)(4)(b	78c-3(b)(4)(b	NUM
cblr-1693	333	3	)	)	PUNCT
cblr-1693	333	4	(	(	PUNCT
cblr-1693	333	5	2012	2012	NUM
cblr-1693	333	6	)	)	PUNCT
cblr-1693	333	7	.	.	PUNCT
cblr-1693	334	1	70	70	NUM
cblr-1693	334	2	see	see	VERB
cblr-1693	334	3	7	7	NUM
cblr-1693	334	4	u.s.c	u.s.c	ADJ
cblr-1693	334	5	.	.	PUNCT
cblr-1693	335	1	§	§	PROPN
cblr-1693	335	2	2(h)(4)(a	2(h)(4)(a	NUM
cblr-1693	335	3	)	)	PUNCT
cblr-1693	335	4	(	(	PUNCT
cblr-1693	335	5	2012	2012	NUM
cblr-1693	335	6	)	)	PUNCT
cblr-1693	335	7	;	;	PUNCT
cblr-1693	335	8	15	15	NUM
cblr-1693	335	9	u.s.c	u.s.c	NOUN
cblr-1693	335	10	.	.	PUNCT
cblr-1693	336	1	§	§	PROPN
cblr-1693	336	2	78c-3(d)(1	78c-3(d)(1	PROPN
cblr-1693	336	3	)	)	PUNCT
cblr-1693	336	4	(	(	PUNCT
cblr-1693	336	5	2012	2012	NUM
cblr-1693	336	6	)	)	PUNCT
cblr-1693	336	7	.	.	PUNCT
cblr-1693	337	1	71	71	NUM
cblr-1693	337	2	see	see	VERB
cblr-1693	337	3	7	7	NUM
cblr-1693	337	4	u.s.c	u.s.c	ADJ
cblr-1693	337	5	.	.	PUNCT
cblr-1693	338	1	§	§	PROPN
cblr-1693	338	2	2(h)(4)(b)(iii	2(h)(4)(b)(iii	NUM
cblr-1693	338	3	)	)	PUNCT
cblr-1693	338	4	(	(	PUNCT
cblr-1693	338	5	2012	2012	NUM
cblr-1693	338	6	)	)	PUNCT
cblr-1693	338	7	;	;	PUNCT
cblr-1693	338	8	15	15	NUM
cblr-1693	338	9	u.s.c	u.s.c	NOUN
cblr-1693	338	10	.	.	PUNCT
cblr-1693	339	1	§	§	PROPN
cblr-1693	339	2	78c-3(d)(2)(c	78c-3(d)(2)(c	NOUN
cblr-1693	339	3	)	)	PUNCT
cblr-1693	339	4	(	(	PUNCT
cblr-1693	339	5	2012	2012	NUM
cblr-1693	339	6	)	)	PUNCT
cblr-1693	339	7	.	.	PUNCT
cblr-1693	340	1	no	no	INTJ
cblr-1693	340	2	.	.	PUNCT
cblr-1693	341	1	1:252	1:252	NUM
cblr-1693	341	2	]	]	X
cblr-1693	341	3	to	to	PART
cblr-1693	341	4	clear	clear	ADJ
cblr-1693	341	5	or	or	CCONJ
cblr-1693	341	6	not	not	PART
cblr-1693	341	7	to	to	PART
cblr-1693	341	8	clear	clear	VERB
cblr-1693	341	9	271	271	NUM
cblr-1693	341	10	fallback	fallback	NOUN
cblr-1693	341	11	regulatory	regulatory	ADJ
cblr-1693	341	12	options	option	NOUN
cblr-1693	341	13	of	of	ADP
cblr-1693	341	14	increased	increase	VERB
cblr-1693	341	15	margin	margin	NOUN
cblr-1693	341	16	and	and	CCONJ
cblr-1693	341	17	capital	capital	NOUN
cblr-1693	341	18	requirements	requirement	NOUN
cblr-1693	341	19	are	be	AUX
cblr-1693	341	20	included	include	VERB
cblr-1693	341	21	to	to	PART
cblr-1693	341	22	address	address	VERB
cblr-1693	341	23	the	the	DET
cblr-1693	341	24	risk	risk	NOUN
cblr-1693	341	25	presented	present	VERB
cblr-1693	341	26	by	by	ADP
cblr-1693	341	27	products	product	NOUN
cblr-1693	341	28	that	that	PRON
cblr-1693	341	29	are	be	AUX
cblr-1693	341	30	not	not	PART
cblr-1693	341	31	suitable	suitable	ADJ
cblr-1693	341	32	for	for	ADP
cblr-1693	341	33	central	central	ADJ
cblr-1693	341	34	clearing	clearing	NOUN
cblr-1693	341	35	,	,	PUNCT
cblr-1693	341	36	but	but	CCONJ
cblr-1693	341	37	the	the	DET
cblr-1693	341	38	increased	increase	VERB
cblr-1693	341	39	costs	cost	NOUN
cblr-1693	341	40	also	also	ADV
cblr-1693	341	41	intend	intend	VERB
cblr-1693	341	42	to	to	PART
cblr-1693	341	43	prod	prod	VERB
cblr-1693	341	44	the	the	DET
cblr-1693	341	45	market	market	NOUN
cblr-1693	341	46	toward	toward	ADP
cblr-1693	341	47	standardization	standardization	NOUN
cblr-1693	341	48	and	and	CCONJ
cblr-1693	341	49	clearing	clearing	NOUN
cblr-1693	341	50	where	where	SCONJ
cblr-1693	341	51	possible	possible	ADJ
cblr-1693	341	52	.	.	PUNCT
cblr-1693	342	1	2	2	X
cblr-1693	342	2	.	.	X
cblr-1693	342	3	international	international	ADJ
cblr-1693	342	4	consensus	consensus	NOUN
cblr-1693	342	5	on	on	ADP
cblr-1693	342	6	mandatory	mandatory	ADJ
cblr-1693	342	7	central	central	ADJ
cblr-1693	342	8	clearing	clearing	NOUN
cblr-1693	342	9	the	the	DET
cblr-1693	342	10	title	title	NOUN
cblr-1693	342	11	vii	vii	PROPN
cblr-1693	342	12	approach	approach	NOUN
cblr-1693	342	13	is	be	AUX
cblr-1693	342	14	similar	similar	ADJ
cblr-1693	342	15	to	to	ADP
cblr-1693	342	16	policy	policy	NOUN
cblr-1693	342	17	decisions	decision	NOUN
cblr-1693	342	18	made	make	VERB
cblr-1693	342	19	concurrently	concurrently	ADV
cblr-1693	342	20	in	in	ADP
cblr-1693	342	21	the	the	DET
cblr-1693	342	22	international	international	ADJ
cblr-1693	342	23	financial	financial	ADJ
cblr-1693	342	24	community	community	NOUN
cblr-1693	342	25	.	.	PUNCT
cblr-1693	343	1	in	in	ADP
cblr-1693	343	2	2009	2009	NUM
cblr-1693	343	3	,	,	PUNCT
cblr-1693	343	4	the	the	DET
cblr-1693	343	5	group	group	NOUN
cblr-1693	343	6	of	of	ADP
cblr-1693	343	7	twenty	twenty	NUM
cblr-1693	343	8	(	(	PUNCT
cblr-1693	343	9	“	"	PUNCT
cblr-1693	343	10	g20”)72	g20”)72	PROPN
cblr-1693	343	11	agreed	agree	VERB
cblr-1693	343	12	to	to	PART
cblr-1693	343	13	clear	clear	VERB
cblr-1693	343	14	all	all	DET
cblr-1693	343	15	standardized	standardized	ADJ
cblr-1693	343	16	otc	otc	ADJ
cblr-1693	343	17	derivatives	derivative	NOUN
cblr-1693	343	18	and	and	CCONJ
cblr-1693	343	19	attach	attach	VERB
cblr-1693	343	20	higher	high	ADJ
cblr-1693	343	21	capital	capital	NOUN
cblr-1693	343	22	requirements	requirement	NOUN
cblr-1693	343	23	to	to	ADP
cblr-1693	343	24	those	those	PRON
cblr-1693	343	25	that	that	PRON
cblr-1693	343	26	remained	remain	VERB
cblr-1693	343	27	uncleared.73	uncleared.73	ADV
cblr-1693	343	28	the	the	DET
cblr-1693	343	29	financial	financial	ADJ
cblr-1693	343	30	stability	stability	NOUN
cblr-1693	343	31	board	board	NOUN
cblr-1693	343	32	,	,	PUNCT
cblr-1693	343	33	an	an	DET
cblr-1693	343	34	international	international	ADJ
cblr-1693	343	35	financial	financial	ADJ
cblr-1693	343	36	monitoring	monitoring	NOUN
cblr-1693	343	37	organization	organization	NOUN
cblr-1693	343	38	,	,	PUNCT
cblr-1693	343	39	affirmed	affirm	VERB
cblr-1693	343	40	the	the	DET
cblr-1693	343	41	international	international	ADJ
cblr-1693	343	42	undertaking	undertaking	NOUN
cblr-1693	343	43	in	in	ADP
cblr-1693	343	44	its	its	PRON
cblr-1693	343	45	october	october	PROPN
cblr-1693	343	46	2010	2010	NUM
cblr-1693	343	47	report	report	NOUN
cblr-1693	343	48	on	on	ADP
cblr-1693	343	49	implementing	implement	VERB
cblr-1693	343	50	otc	otc	PROPN
cblr-1693	343	51	derivatives	derivative	NOUN
cblr-1693	343	52	market	market	NOUN
cblr-1693	343	53	reforms	reform	NOUN
cblr-1693	343	54	,	,	PUNCT
cblr-1693	343	55	and	and	CCONJ
cblr-1693	343	56	the	the	DET
cblr-1693	343	57	g20	g20	NOUN
cblr-1693	343	58	reiterated	reiterate	VERB
cblr-1693	343	59	its	its	PRON
cblr-1693	343	60	goal	goal	NOUN
cblr-1693	343	61	at	at	ADP
cblr-1693	343	62	a	a	DET
cblr-1693	343	63	november	november	PROPN
cblr-1693	343	64	2011	2011	NUM
cblr-1693	343	65	summit.74	summit.74	VERB
cblr-1693	343	66	a	a	DET
cblr-1693	343	67	february	february	PROPN
cblr-1693	343	68	2012	2012	NUM
cblr-1693	343	69	report	report	NOUN
cblr-1693	343	70	from	from	ADP
cblr-1693	343	71	the	the	DET
cblr-1693	343	72	international	international	ADJ
cblr-1693	343	73	organization	organization	NOUN
cblr-1693	343	74	of	of	ADP
cblr-1693	343	75	securities	security	NOUN
cblr-1693	343	76	commissions	commission	NOUN
cblr-1693	343	77	(	(	PUNCT
cblr-1693	343	78	“	"	PUNCT
cblr-1693	343	79	iosco	iosco	NOUN
cblr-1693	343	80	”	"	PUNCT
cblr-1693	343	81	)	)	PUNCT
cblr-1693	343	82	followed	follow	VERB
cblr-1693	343	83	,	,	PUNCT
cblr-1693	343	84	recommending	recommend	VERB
cblr-1693	343	85	specific	specific	ADJ
cblr-1693	343	86	policy	policy	NOUN
cblr-1693	343	87	approaches	approach	NOUN
cblr-1693	343	88	that	that	PRON
cblr-1693	343	89	would	would	AUX
cblr-1693	343	90	help	help	VERB
cblr-1693	343	91	achieve	achieve	VERB
cblr-1693	343	92	the	the	DET
cblr-1693	343	93	goals	goal	NOUN
cblr-1693	343	94	of	of	ADP
cblr-1693	343	95	mandatory	mandatory	ADJ
cblr-1693	343	96	central	central	ADJ
cblr-1693	343	97	clearing.75	clearing.75	PROPN
cblr-1693	343	98	g20	g20	PROPN
cblr-1693	343	99	members	member	NOUN
cblr-1693	343	100	then	then	ADV
cblr-1693	343	101	began	begin	VERB
cblr-1693	343	102	implementing	implement	VERB
cblr-1693	343	103	such	such	ADJ
cblr-1693	343	104	72	72	NUM
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cblr-1693	343	106	g20	g20	NOUN
cblr-1693	343	107	is	be	AUX
cblr-1693	343	108	an	an	DET
cblr-1693	343	109	international	international	ADJ
cblr-1693	343	110	organization	organization	NOUN
cblr-1693	343	111	that	that	PRON
cblr-1693	343	112	provides	provide	VERB
cblr-1693	343	113	a	a	DET
cblr-1693	343	114	forum	forum	NOUN
cblr-1693	343	115	for	for	ADP
cblr-1693	343	116	the	the	DET
cblr-1693	343	117	largest	large	ADJ
cblr-1693	343	118	advanced	advanced	ADJ
cblr-1693	343	119	and	and	CCONJ
cblr-1693	343	120	emerging	emerge	VERB
cblr-1693	343	121	economies	economy	NOUN
cblr-1693	343	122	to	to	PART
cblr-1693	343	123	meet	meet	VERB
cblr-1693	343	124	and	and	CCONJ
cblr-1693	343	125	discuss	discuss	VERB
cblr-1693	343	126	financial	financial	ADJ
cblr-1693	343	127	regulation	regulation	NOUN
cblr-1693	343	128	and	and	CCONJ
cblr-1693	343	129	the	the	DET
cblr-1693	343	130	global	global	ADJ
cblr-1693	343	131	economy	economy	NOUN
cblr-1693	343	132	.	.	PUNCT
cblr-1693	344	1	see	see	VERB
cblr-1693	344	2	grp	grp	PROPN
cblr-1693	344	3	.	.	PROPN
cblr-1693	344	4	of	of	ADP
cblr-1693	344	5	twenty	twenty	NUM
cblr-1693	344	6	,	,	PUNCT
cblr-1693	344	7	about	about	ADP
cblr-1693	344	8	g20	g20	NOUN
cblr-1693	344	9	,	,	PUNCT
cblr-1693	344	10	g20.org	g20.org	PROPN
cblr-1693	344	11	,	,	PUNCT
cblr-1693	344	12	http://g20.org.tr/about-g20/	http://g20.org.tr/about-g20/	PROPN
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cblr-1693	345	3	]	]	PUNCT
cblr-1693	345	4	.	.	PUNCT
cblr-1693	346	1	the	the	DET
cblr-1693	346	2	g20	g20	PROPN
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cblr-1693	346	4	are	be	AUX
cblr-1693	346	5	argentina	argentina	PROPN
cblr-1693	346	6	,	,	PUNCT
cblr-1693	346	7	australia	australia	PROPN
cblr-1693	346	8	,	,	PUNCT
cblr-1693	346	9	brazil	brazil	PROPN
cblr-1693	346	10	,	,	PUNCT
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cblr-1693	346	12	,	,	PUNCT
cblr-1693	346	13	china	china	PROPN
cblr-1693	346	14	,	,	PUNCT
cblr-1693	346	15	france	france	PROPN
cblr-1693	346	16	,	,	PUNCT
cblr-1693	346	17	germany	germany	PROPN
cblr-1693	346	18	,	,	PUNCT
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cblr-1693	346	20	,	,	PUNCT
cblr-1693	346	21	indonesia	indonesia	PROPN
cblr-1693	346	22	,	,	PUNCT
cblr-1693	346	23	italy	italy	PROPN
cblr-1693	346	24	,	,	PUNCT
cblr-1693	346	25	japan	japan	PROPN
cblr-1693	346	26	,	,	PUNCT
cblr-1693	346	27	republic	republic	PROPN
cblr-1693	346	28	of	of	ADP
cblr-1693	346	29	korea	korea	PROPN
cblr-1693	346	30	,	,	PUNCT
cblr-1693	346	31	mexico	mexico	PROPN
cblr-1693	346	32	,	,	PUNCT
cblr-1693	346	33	russia	russia	PROPN
cblr-1693	346	34	,	,	PUNCT
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cblr-1693	346	36	arabia	arabia	PROPN
cblr-1693	346	37	,	,	PUNCT
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cblr-1693	346	39	africa	africa	PROPN
cblr-1693	346	40	,	,	PUNCT
cblr-1693	346	41	turkey	turkey	PROPN
cblr-1693	346	42	,	,	PUNCT
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cblr-1693	346	44	united	united	ADJ
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cblr-1693	346	46	,	,	PUNCT
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cblr-1693	346	50	,	,	PUNCT
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cblr-1693	346	52	the	the	DET
cblr-1693	346	53	european	european	PROPN
cblr-1693	346	54	union	union	PROPN
cblr-1693	346	55	.	.	PUNCT
cblr-1693	347	1	grp	grp	PROPN
cblr-1693	347	2	.	.	PROPN
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cblr-1693	347	5	,	,	PUNCT
cblr-1693	347	6	g20	g20	NOUN
cblr-1693	347	7	members	member	NOUN
cblr-1693	347	8	,	,	PUNCT
cblr-1693	347	9	g20.org	g20.org	ADJ
cblr-1693	347	10	,	,	PUNCT
cblr-1693	347	11	http://g20.org.tr/about-g20/g20-members/	http://g20.org.tr/about-g20/g20-members/	NOUN
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cblr-1693	348	4	.	.	PUNCT
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cblr-1693	349	2	see	see	VERB
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cblr-1693	349	6	under	under	ADP
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cblr-1693	349	8	2(h	2(h	NUM
cblr-1693	349	9	)	)	PUNCT
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cblr-1693	350	2	.	.	PUNCT
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cblr-1693	351	2	,	,	PUNCT
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cblr-1693	351	11	(	(	PUNCT
cblr-1693	351	12	codified	codify	VERB
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cblr-1693	352	7	.	.	PUNCT
cblr-1693	353	1	74	74	NUM
cblr-1693	353	2	see	see	VERB
cblr-1693	353	3	i	i	PRON
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cblr-1693	353	5	see	see	VERB
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cblr-1693	353	8	.	.	PUNCT
cblr-1693	354	1	stability	stability	PROPN
cblr-1693	354	2	bd	bd	PROPN
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cblr-1693	354	5	implementing	implement	VERB
cblr-1693	354	6	otc	otc	PROPN
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cblr-1693	354	8	market	market	NOUN
cblr-1693	354	9	reforms	reform	NOUN
cblr-1693	354	10	(	(	PUNCT
cblr-1693	354	11	oct	oct	PROPN
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cblr-1693	354	17	,	,	PUNCT
cblr-1693	354	18	http://www.fsb.org/wpcontent/uploads/r_101025.pdf	http://www.fsb.org/wpcontent/uploads/r_101025.pdf	PROPN
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cblr-1693	355	4	.	.	PUNCT
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cblr-1693	357	2	.	.	PUNCT
cblr-1693	358	1	of	of	ADP
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cblr-1693	359	10	(	(	PUNCT
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cblr-1693	359	12	.	.	PROPN
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cblr-1693	360	1	[	[	X
cblr-1693	360	2	hereinafter	hereinafter	NOUN
cblr-1693	360	3	iosco	iosco	NOUN
cblr-1693	360	4	report	report	NOUN
cblr-1693	360	5	]	]	PUNCT
cblr-1693	360	6	.	.	PUNCT
cblr-1693	361	1	272	272	NUM
cblr-1693	361	2	columbia	columbia	PROPN
cblr-1693	361	3	business	business	NOUN
cblr-1693	361	4	law	law	PROPN
cblr-1693	361	5	review	review	NOUN
cblr-1693	362	1	[	[	X
cblr-1693	362	2	vol	vol	NOUN
cblr-1693	362	3	.	.	PUNCT
cblr-1693	362	4	2019	2019	NUM
cblr-1693	362	5	regulations.76	regulations.76	PROPN
cblr-1693	362	6	the	the	DET
cblr-1693	362	7	senate	senate	PROPN
cblr-1693	362	8	expressly	expressly	ADV
cblr-1693	362	9	considered	consider	VERB
cblr-1693	362	10	the	the	DET
cblr-1693	362	11	international	international	ADJ
cblr-1693	362	12	consensus	consensus	NOUN
cblr-1693	362	13	while	while	SCONJ
cblr-1693	362	14	developing	develop	VERB
cblr-1693	362	15	title	title	NOUN
cblr-1693	362	16	vii	vii	PROPN
cblr-1693	362	17	’s	’s	PART
cblr-1693	362	18	framework.77	framework.77	ADV
cblr-1693	362	19	in	in	ADP
cblr-1693	362	20	discussing	discuss	VERB
cblr-1693	362	21	the	the	DET
cblr-1693	362	22	clearing	clearing	NOUN
cblr-1693	362	23	requirement	requirement	NOUN
cblr-1693	362	24	’s	’s	PART
cblr-1693	362	25	centrality	centrality	NOUN
cblr-1693	362	26	to	to	ADP
cblr-1693	362	27	the	the	DET
cblr-1693	362	28	regulatory	regulatory	ADJ
cblr-1693	362	29	framework	framework	NOUN
cblr-1693	362	30	,	,	PUNCT
cblr-1693	362	31	the	the	DET
cblr-1693	362	32	senate	senate	PROPN
cblr-1693	362	33	report	report	NOUN
cblr-1693	362	34	even	even	ADV
cblr-1693	362	35	quoted	quote	VERB
cblr-1693	362	36	a	a	DET
cblr-1693	362	37	g20	g20	NOUN
cblr-1693	362	38	steering	steering	NOUN
cblr-1693	362	39	group	group	NOUN
cblr-1693	362	40	letter	letter	NOUN
cblr-1693	362	41	:	:	PUNCT
cblr-1693	362	42	“	"	PUNCT
cblr-1693	362	43	[	[	X
cblr-1693	362	44	s]tandardized	s]tandardized	ADJ
cblr-1693	362	45	overthe	overthe	ADJ
cblr-1693	362	46	-	-	PUNCT
cblr-1693	362	47	counter	counter	ADJ
cblr-1693	362	48	derivatives	derivative	NOUN
cblr-1693	362	49	contracts	contract	NOUN
cblr-1693	362	50	should	should	AUX
cblr-1693	362	51	be	be	AUX
cblr-1693	362	52	.	.	PUNCT
cblr-1693	362	53	.	.	PUNCT
cblr-1693	362	54	.	.	PUNCT
cblr-1693	363	1	where	where	SCONJ
cblr-1693	363	2	appropriate	appropriate	ADJ
cblr-1693	363	3	,	,	PUNCT
cblr-1693	363	4	cleared	clear	VERB
cblr-1693	363	5	through	through	ADP
cblr-1693	363	6	central	central	ADJ
cblr-1693	363	7	clearing	clearing	NOUN
cblr-1693	363	8	counterparties	counterpartie	NOUN
cblr-1693	363	9	by	by	ADP
cblr-1693	363	10	2012	2012	NUM
cblr-1693	363	11	at	at	ADP
cblr-1693	363	12	the	the	DET
cblr-1693	363	13	latest[.]”78	latest[.]”78	NOUN
cblr-1693	363	14	accordingly	accordingly	ADV
cblr-1693	363	15	,	,	PUNCT
cblr-1693	363	16	this	this	DET
cblr-1693	363	17	international	international	ADJ
cblr-1693	363	18	context	context	NOUN
cblr-1693	363	19	should	should	AUX
cblr-1693	363	20	inform	inform	VERB
cblr-1693	363	21	any	any	DET
cblr-1693	363	22	interpretation	interpretation	NOUN
cblr-1693	363	23	of	of	ADP
cblr-1693	363	24	the	the	DET
cblr-1693	363	25	goals	goal	NOUN
cblr-1693	363	26	and	and	CCONJ
cblr-1693	363	27	intent	intent	NOUN
cblr-1693	363	28	of	of	ADP
cblr-1693	363	29	title	title	NOUN
cblr-1693	363	30	vii	vii	PROPN
cblr-1693	363	31	’s	’s	PART
cblr-1693	363	32	statutory	statutory	ADJ
cblr-1693	363	33	and	and	CCONJ
cblr-1693	363	34	regulatory	regulatory	ADJ
cblr-1693	363	35	scheme	scheme	NOUN
cblr-1693	363	36	.	.	PUNCT
cblr-1693	364	1	the	the	DET
cblr-1693	364	2	iosco	iosco	PROPN
cblr-1693	364	3	report	report	NOUN
cblr-1693	364	4	asks	ask	VERB
cblr-1693	364	5	“	"	PUNCT
cblr-1693	364	6	whether	whether	SCONJ
cblr-1693	364	7	a	a	DET
cblr-1693	364	8	mandatory	mandatory	ADJ
cblr-1693	364	9	clearing	clearing	NOUN
cblr-1693	364	10	obligation	obligation	NOUN
cblr-1693	364	11	should	should	AUX
cblr-1693	364	12	apply	apply	VERB
cblr-1693	364	13	to	to	ADP
cblr-1693	364	14	a	a	DET
cblr-1693	364	15	[	[	X
cblr-1693	364	16	given	give	VERB
cblr-1693	364	17	]	]	PUNCT
cblr-1693	364	18	product	product	NOUN
cblr-1693	364	19	or	or	CCONJ
cblr-1693	364	20	set	set	NOUN
cblr-1693	364	21	of	of	ADP
cblr-1693	364	22	products	product	NOUN
cblr-1693	364	23	”	"	PUNCT
cblr-1693	364	24	as	as	ADP
cblr-1693	364	25	the	the	DET
cblr-1693	364	26	threshold	threshold	NOUN
cblr-1693	364	27	question	question	NOUN
cblr-1693	364	28	in	in	ADP
cblr-1693	364	29	a	a	DET
cblr-1693	364	30	mandatory	mandatory	ADJ
cblr-1693	364	31	clearing	clearing	NOUN
cblr-1693	364	32	regime.79	regime.79	NOUN
cblr-1693	364	33	in	in	ADP
cblr-1693	364	34	making	make	VERB
cblr-1693	364	35	this	this	DET
cblr-1693	364	36	determination	determination	NOUN
cblr-1693	364	37	,	,	PUNCT
cblr-1693	364	38	iosco	iosco	NOUN
cblr-1693	364	39	recommended	recommend	VERB
cblr-1693	364	40	that	that	SCONJ
cblr-1693	364	41	authorities	authority	NOUN
cblr-1693	364	42	utilize	utilize	VERB
cblr-1693	364	43	both	both	DET
cblr-1693	364	44	a	a	DET
cblr-1693	364	45	“	"	PUNCT
cblr-1693	364	46	bottom	bottom	ADJ
cblr-1693	364	47	-	-	PUNCT
cblr-1693	364	48	up	up	ADP
cblr-1693	364	49	approach	approach	NOUN
cblr-1693	364	50	,	,	PUNCT
cblr-1693	364	51	”	"	PUNCT
cblr-1693	364	52	which	which	PRON
cblr-1693	364	53	determines	determine	VERB
cblr-1693	364	54	mandatory	mandatory	ADJ
cblr-1693	364	55	clearing	clearing	NOUN
cblr-1693	364	56	obligations	obligation	NOUN
cblr-1693	364	57	for	for	ADP
cblr-1693	364	58	products	product	NOUN
cblr-1693	364	59	proposed	propose	VERB
cblr-1693	364	60	for	for	ADP
cblr-1693	364	61	clearing	clear	VERB
cblr-1693	364	62	by	by	ADP
cblr-1693	364	63	a	a	DET
cblr-1693	364	64	central	central	ADJ
cblr-1693	364	65	clearinghouse	clearinghouse	NOUN
cblr-1693	364	66	,	,	PUNCT
cblr-1693	364	67	and	and	CCONJ
cblr-1693	364	68	a	a	DET
cblr-1693	364	69	“	"	PUNCT
cblr-1693	364	70	topdown	topdown	ADJ
cblr-1693	364	71	approach	approach	NOUN
cblr-1693	364	72	,	,	PUNCT
cblr-1693	364	73	”	"	PUNCT
cblr-1693	364	74	under	under	ADP
cblr-1693	364	75	which	which	PRON
cblr-1693	364	76	the	the	DET
cblr-1693	364	77	regulator	regulator	NOUN
cblr-1693	364	78	examines	examine	VERB
cblr-1693	364	79	products	product	NOUN
cblr-1693	364	80	that	that	SCONJ
cblr-1693	364	81	central	central	ADJ
cblr-1693	364	82	clearinghouses	clearinghouse	NOUN
cblr-1693	364	83	are	be	AUX
cblr-1693	364	84	not	not	PART
cblr-1693	364	85	currently	currently	ADV
cblr-1693	364	86	clearing	clear	VERB
cblr-1693	364	87	or	or	CCONJ
cblr-1693	364	88	seeking	seek	VERB
cblr-1693	364	89	to	to	PART
cblr-1693	364	90	clear.80	clear.80	VERB
cblr-1693	364	91	for	for	ADP
cblr-1693	364	92	several	several	ADJ
cblr-1693	364	93	reasons	reason	NOUN
cblr-1693	364	94	,	,	PUNCT
cblr-1693	364	95	the	the	DET
cblr-1693	364	96	bottom	bottom	ADJ
cblr-1693	364	97	-	-	PUNCT
cblr-1693	364	98	up	up	ADP
cblr-1693	364	99	approach	approach	NOUN
cblr-1693	364	100	is	be	AUX
cblr-1693	364	101	useful	useful	ADJ
cblr-1693	364	102	as	as	ADP
cblr-1693	364	103	a	a	DET
cblr-1693	364	104	starting	starting	NOUN
cblr-1693	364	105	point.81	point.81	NOUN
cblr-1693	364	106	as	as	SCONJ
cblr-1693	364	107	central	central	ADJ
cblr-1693	364	108	clearinghouses	clearinghouse	NOUN
cblr-1693	364	109	identify	identify	VERB
cblr-1693	364	110	new	new	ADJ
cblr-1693	364	111	products	product	NOUN
cblr-1693	364	112	they	they	PRON
cblr-1693	364	113	wish	wish	VERB
cblr-1693	364	114	to	to	PART
cblr-1693	364	115	clear	clear	VERB
cblr-1693	364	116	,	,	PUNCT
cblr-1693	364	117	their	their	PRON
cblr-1693	364	118	applications	application	NOUN
cblr-1693	364	119	for	for	ADP
cblr-1693	364	120	authorization	authorization	NOUN
cblr-1693	364	121	to	to	PART
cblr-1693	364	122	clear	clear	VERB
cblr-1693	364	123	these	these	DET
cblr-1693	364	124	products	product	NOUN
cblr-1693	364	125	initiates	initiate	VERB
cblr-1693	364	126	review	review	NOUN
cblr-1693	364	127	for	for	ADP
cblr-1693	364	128	a	a	DET
cblr-1693	364	129	mandatory	mandatory	ADJ
cblr-1693	364	130	clearing	clearing	NOUN
cblr-1693	364	131	determination.82	determination.82	NOUN
cblr-1693	364	132	bottom	bottom	ADJ
cblr-1693	364	133	-	-	PUNCT
cblr-1693	364	134	up	up	ADP
cblr-1693	364	135	review	review	NOUN
cblr-1693	364	136	also	also	ADV
cblr-1693	364	137	jump	jump	NOUN
cblr-1693	364	138	-	-	PUNCT
cblr-1693	364	139	starts	start	VERB
cblr-1693	364	140	the	the	DET
cblr-1693	364	141	process	process	NOUN
cblr-1693	364	142	by	by	ADP
cblr-1693	364	143	focusing	focus	VERB
cblr-1693	364	144	central	central	ADJ
cblr-1693	364	145	regulators	regulator	NOUN
cblr-1693	364	146	’	’	PART
cblr-1693	364	147	initial	initial	ADJ
cblr-1693	364	148	attention	attention	NOUN
cblr-1693	364	149	on	on	ADP
cblr-1693	364	150	products	product	NOUN
cblr-1693	364	151	for	for	ADP
cblr-1693	364	152	which	which	PRON
cblr-1693	364	153	voluntary	voluntary	ADJ
cblr-1693	364	154	central	central	ADJ
cblr-1693	364	155	clearing	clearing	NOUN
cblr-1693	364	156	is	be	AUX
cblr-1693	364	157	already	already	ADV
cblr-1693	364	158	a	a	DET
cblr-1693	364	159	commercial	commercial	ADJ
cblr-1693	364	160	option	option	NOUN
cblr-1693	364	161	.	.	PUNCT
cblr-1693	365	1	if	if	SCONJ
cblr-1693	365	2	some	some	DET
cblr-1693	365	3	market	market	NOUN
cblr-1693	365	4	participants	participant	NOUN
cblr-1693	365	5	choose	choose	VERB
cblr-1693	365	6	not	not	PART
cblr-1693	365	7	to	to	PART
cblr-1693	365	8	voluntarily	voluntarily	ADV
cblr-1693	365	9	centrally	centrally	ADV
cblr-1693	365	10	clear	clear	ADJ
cblr-1693	365	11	,	,	PUNCT
cblr-1693	365	12	these	these	DET
cblr-1693	365	13	submissions	submission	NOUN
cblr-1693	365	14	(	(	PUNCT
cblr-1693	365	15	and	and	CCONJ
cblr-1693	365	16	subsequent	subsequent	ADJ
cblr-1693	365	17	determinations	determination	NOUN
cblr-1693	365	18	)	)	PUNCT
cblr-1693	365	19	will	will	AUX
cblr-1693	365	20	quickly	quickly	ADV
cblr-1693	365	21	reduce	reduce	VERB
cblr-1693	365	22	the	the	DET
cblr-1693	365	23	76	76	NUM
cblr-1693	365	24	see	see	NOUN
cblr-1693	365	25	clearing	clearing	NOUN
cblr-1693	365	26	requirement	requirement	NOUN
cblr-1693	365	27	determination	determination	NOUN
cblr-1693	365	28	under	under	ADP
cblr-1693	365	29	section	section	NOUN
cblr-1693	365	30	2(h	2(h	NUM
cblr-1693	365	31	)	)	PUNCT
cblr-1693	365	32	of	of	ADP
cblr-1693	365	33	the	the	DET
cblr-1693	365	34	cea	cea	PROPN
cblr-1693	365	35	,	,	PUNCT
cblr-1693	365	36	77	77	NUM
cblr-1693	365	37	fed	fed	PROPN
cblr-1693	365	38	.	.	PUNCT
cblr-1693	366	1	reg	reg	PROPN
cblr-1693	366	2	.	.	PUNCT
cblr-1693	367	1	at	at	ADP
cblr-1693	367	2	74,286	74,286	NUM
cblr-1693	367	3	.	.	PUNCT
cblr-1693	368	1	77	77	NUM
cblr-1693	368	2	s.	s.	PROPN
cblr-1693	368	3	rep	rep	PROPN
cblr-1693	368	4	.	.	PROPN
cblr-1693	368	5	no	no	INTJ
cblr-1693	368	6	.	.	PUNCT
cblr-1693	369	1	111–176	111–176	NUM
cblr-1693	369	2	,	,	PUNCT
cblr-1693	369	3	at	at	ADP
cblr-1693	369	4	32	32	NUM
cblr-1693	369	5	(	(	PUNCT
cblr-1693	369	6	2010	2010	NUM
cblr-1693	369	7	)	)	PUNCT
cblr-1693	369	8	.	.	PUNCT
cblr-1693	370	1	78	78	NUM
cblr-1693	371	1	i	i	PRON
cblr-1693	371	2	d.	d.	PROPN
cblr-1693	371	3	(	(	PUNCT
cblr-1693	371	4	internal	internal	ADJ
cblr-1693	371	5	citation	citation	NOUN
cblr-1693	371	6	omitted	omit	VERB
cblr-1693	371	7	)	)	PUNCT
cblr-1693	371	8	.	.	PUNCT
cblr-1693	372	1	79	79	NUM
cblr-1693	372	2	iosco	iosco	NOUN
cblr-1693	372	3	report	report	NOUN
cblr-1693	372	4	,	,	PUNCT
cblr-1693	372	5	supra	supra	PROPN
cblr-1693	372	6	note	note	NOUN
cblr-1693	372	7	75	75	NUM
cblr-1693	372	8	,	,	PUNCT
cblr-1693	372	9	at	at	ADP
cblr-1693	372	10	5	5	NUM
cblr-1693	372	11	.	.	SYM
cblr-1693	372	12	80	80	NUM
cblr-1693	373	1	i	i	NOUN
cblr-1693	373	2	d.	d.	PROPN
cblr-1693	373	3	81	81	NUM
cblr-1693	373	4	see	see	VERB
cblr-1693	373	5	i	i	PRON
cblr-1693	373	6	d.	d.	PROPN
cblr-1693	373	7	at	at	ADP
cblr-1693	373	8	13	13	NUM
cblr-1693	373	9	.	.	PUNCT
cblr-1693	374	1	82	82	NUM
cblr-1693	375	1	i	i	PRON
cblr-1693	375	2	d.	d.	PROPN
cblr-1693	375	3	at	at	ADP
cblr-1693	375	4	12	12	NUM
cblr-1693	375	5	.	.	PUNCT
cblr-1693	376	1	no	no	INTJ
cblr-1693	376	2	.	.	PUNCT
cblr-1693	377	1	1:252	1:252	NUM
cblr-1693	377	2	]	]	X
cblr-1693	377	3	to	to	PART
cblr-1693	377	4	clear	clear	ADJ
cblr-1693	377	5	or	or	CCONJ
cblr-1693	377	6	not	not	PART
cblr-1693	377	7	to	to	PART
cblr-1693	377	8	clear	clear	VERB
cblr-1693	377	9	273	273	NUM
cblr-1693	377	10	number	number	NOUN
cblr-1693	377	11	of	of	ADP
cblr-1693	377	12	uncleared	uncleared	ADJ
cblr-1693	377	13	trades	trade	NOUN
cblr-1693	377	14	by	by	ADP
cblr-1693	377	15	establishing	establish	VERB
cblr-1693	377	16	an	an	DET
cblr-1693	377	17	obligation	obligation	NOUN
cblr-1693	377	18	to	to	PART
cblr-1693	377	19	do	do	AUX
cblr-1693	377	20	so	so	ADV
cblr-1693	377	21	.	.	PUNCT
cblr-1693	378	1	top	top	ADJ
cblr-1693	378	2	-	-	PUNCT
cblr-1693	378	3	down	down	ADP
cblr-1693	378	4	review	review	NOUN
cblr-1693	378	5	remains	remain	VERB
cblr-1693	378	6	necessary	necessary	ADJ
cblr-1693	378	7	alongside	alongside	ADP
cblr-1693	378	8	the	the	DET
cblr-1693	378	9	submission	submission	NOUN
cblr-1693	378	10	process	process	NOUN
cblr-1693	378	11	,	,	PUNCT
cblr-1693	378	12	though	though	ADV
cblr-1693	378	13	,	,	PUNCT
cblr-1693	378	14	because	because	SCONJ
cblr-1693	378	15	without	without	ADP
cblr-1693	378	16	it	it	PRON
cblr-1693	378	17	,	,	PUNCT
cblr-1693	378	18	there	there	PRON
cblr-1693	378	19	is	be	VERB
cblr-1693	378	20	no	no	DET
cblr-1693	378	21	review	review	NOUN
cblr-1693	378	22	of	of	ADP
cblr-1693	378	23	otc	otc	PROPN
cblr-1693	378	24	derivatives	derivative	NOUN
cblr-1693	378	25	that	that	PRON
cblr-1693	378	26	no	no	DET
cblr-1693	378	27	clearinghouse	clearinghouse	NOUN
cblr-1693	378	28	seeks	seek	VERB
cblr-1693	378	29	to	to	PART
cblr-1693	378	30	clear	clear	VERB
cblr-1693	378	31	.	.	PUNCT
cblr-1693	379	1	absent	absent	ADJ
cblr-1693	379	2	such	such	ADJ
cblr-1693	379	3	review	review	NOUN
cblr-1693	379	4	,	,	PUNCT
cblr-1693	379	5	the	the	DET
cblr-1693	379	6	market	market	NOUN
cblr-1693	379	7	—	—	PUNCT
cblr-1693	379	8	rather	rather	ADV
cblr-1693	379	9	than	than	ADP
cblr-1693	379	10	central	central	ADJ
cblr-1693	379	11	regulators	regulator	NOUN
cblr-1693	379	12	—	—	PUNCT
cblr-1693	379	13	will	will	AUX
cblr-1693	379	14	choose	choose	VERB
cblr-1693	379	15	when	when	SCONJ
cblr-1693	379	16	submissions	submission	NOUN
cblr-1693	379	17	are	be	AUX
cblr-1693	379	18	made	make	VERB
cblr-1693	379	19	and	and	CCONJ
cblr-1693	379	20	will	will	AUX
cblr-1693	379	21	therefore	therefore	ADV
cblr-1693	379	22	determine	determine	VERB
cblr-1693	379	23	which	which	DET
cblr-1693	379	24	products	product	NOUN
cblr-1693	379	25	are	be	AUX
cblr-1693	379	26	potentially	potentially	ADV
cblr-1693	379	27	subject	subject	ADJ
cblr-1693	379	28	to	to	ADP
cblr-1693	379	29	the	the	DET
cblr-1693	379	30	central	central	ADJ
cblr-1693	379	31	clearing	clearing	NOUN
cblr-1693	379	32	mandate.83	mandate.83	NOUN
cblr-1693	379	33	further	far	ADV
cblr-1693	379	34	,	,	PUNCT
cblr-1693	379	35	a	a	DET
cblr-1693	379	36	system	system	NOUN
cblr-1693	379	37	without	without	ADP
cblr-1693	379	38	top	top	ADJ
cblr-1693	379	39	-	-	PUNCT
cblr-1693	379	40	down	down	ADP
cblr-1693	379	41	review	review	NOUN
cblr-1693	379	42	would	would	AUX
cblr-1693	379	43	limit	limit	VERB
cblr-1693	379	44	agencies	agency	NOUN
cblr-1693	379	45	’	'	PUNCT
cblr-1693	379	46	ability	ability	NOUN
cblr-1693	379	47	to	to	PART
cblr-1693	379	48	review	review	VERB
cblr-1693	379	49	new	new	ADJ
cblr-1693	379	50	products	product	NOUN
cblr-1693	379	51	as	as	SCONJ
cblr-1693	379	52	they	they	PRON
cblr-1693	379	53	emerge	emerge	VERB
cblr-1693	379	54	in	in	ADP
cblr-1693	379	55	the	the	DET
cblr-1693	379	56	market	market	NOUN
cblr-1693	379	57	,	,	PUNCT
cblr-1693	379	58	instead	instead	ADV
cblr-1693	379	59	leaving	leave	VERB
cblr-1693	379	60	the	the	DET
cblr-1693	379	61	agency	agency	NOUN
cblr-1693	379	62	to	to	PART
cblr-1693	379	63	wait	wait	VERB
cblr-1693	379	64	for	for	ADP
cblr-1693	379	65	a	a	DET
cblr-1693	379	66	central	central	ADJ
cblr-1693	379	67	clearinghouse	clearinghouse	NOUN
cblr-1693	379	68	that	that	PRON
cblr-1693	379	69	wishes	wish	VERB
cblr-1693	379	70	to	to	PART
cblr-1693	379	71	clear	clear	VERB
cblr-1693	379	72	(	(	PUNCT
cblr-1693	379	73	and	and	CCONJ
cblr-1693	379	74	therefore	therefore	ADV
cblr-1693	379	75	initiate	initiate	VERB
cblr-1693	379	76	review).84	review).84	PROPN
cblr-1693	379	77	by	by	ADP
cblr-1693	379	78	utilizing	utilize	VERB
cblr-1693	379	79	both	both	DET
cblr-1693	379	80	processes	process	NOUN
cblr-1693	379	81	—	—	PUNCT
cblr-1693	379	82	iosco	iosco	NOUN
cblr-1693	379	83	’s	’s	PART
cblr-1693	379	84	recommended	recommend	VERB
cblr-1693	379	85	approach	approach	NOUN
cblr-1693	379	86	—	—	PUNCT
cblr-1693	379	87	regulators	regulator	NOUN
cblr-1693	379	88	instead	instead	ADV
cblr-1693	379	89	review	review	VERB
cblr-1693	379	90	the	the	DET
cblr-1693	379	91	entire	entire	ADJ
cblr-1693	379	92	otc	otc	ADJ
cblr-1693	379	93	derivatives	derivative	NOUN
cblr-1693	379	94	market	market	NOUN
cblr-1693	379	95	,	,	PUNCT
cblr-1693	379	96	ensuring	ensure	VERB
cblr-1693	379	97	they	they	PRON
cblr-1693	379	98	can	can	AUX
cblr-1693	379	99	flexibly	flexibly	ADV
cblr-1693	379	100	account	account	VERB
cblr-1693	379	101	for	for	ADP
cblr-1693	379	102	the	the	DET
cblr-1693	379	103	“	"	PUNCT
cblr-1693	379	104	continuing	continue	VERB
cblr-1693	379	105	and	and	CCONJ
cblr-1693	379	106	dynamic	dynamic	ADJ
cblr-1693	379	107	evolution	evolution	NOUN
cblr-1693	379	108	of	of	ADP
cblr-1693	379	109	the	the	DET
cblr-1693	379	110	range	range	NOUN
cblr-1693	379	111	of	of	ADP
cblr-1693	379	112	products[.]”85	products[.]”85	NOUN
cblr-1693	379	113	as	as	SCONJ
cblr-1693	379	114	discussed	discuss	VERB
cblr-1693	379	115	in	in	ADP
cblr-1693	379	116	part	part	NOUN
cblr-1693	379	117	ii.c.1	ii.c.1	NOUN
cblr-1693	379	118	above	above	ADV
cblr-1693	379	119	,	,	PUNCT
cblr-1693	379	120	title	title	NOUN
cblr-1693	379	121	vii	vii	PROPN
cblr-1693	379	122	establishes	establish	VERB
cblr-1693	379	123	a	a	DET
cblr-1693	379	124	regulatory	regulatory	ADJ
cblr-1693	379	125	framework	framework	NOUN
cblr-1693	379	126	aligned	align	VERB
cblr-1693	379	127	with	with	ADP
cblr-1693	379	128	these	these	DET
cblr-1693	379	129	iosco	iosco	NOUN
cblr-1693	379	130	recommendations	recommendation	NOUN
cblr-1693	379	131	.	.	PUNCT
cblr-1693	380	1	the	the	DET
cblr-1693	380	2	submission	submission	NOUN
cblr-1693	380	3	processes	process	NOUN
cblr-1693	380	4	are	be	AUX
cblr-1693	380	5	the	the	DET
cblr-1693	380	6	bottomup	bottomup	NOUN
cblr-1693	380	7	approach	approach	NOUN
cblr-1693	380	8	,	,	PUNCT
cblr-1693	380	9	which	which	PRON
cblr-1693	380	10	is	be	AUX
cblr-1693	380	11	supplemented	supplement	VERB
cblr-1693	380	12	by	by	ADP
cblr-1693	380	13	the	the	DET
cblr-1693	380	14	top	top	ADJ
cblr-1693	380	15	-	-	PUNCT
cblr-1693	380	16	down	down	ADP
cblr-1693	380	17	commission	commission	NOUN
cblr-1693	380	18	-	-	PUNCT
cblr-1693	380	19	initiated	initiate	VERB
cblr-1693	380	20	review	review	NOUN
cblr-1693	380	21	.	.	PUNCT
cblr-1693	381	1	in	in	ADP
cblr-1693	381	2	this	this	DET
cblr-1693	381	3	manner	manner	NOUN
cblr-1693	381	4	,	,	PUNCT
cblr-1693	381	5	congress	congress	PROPN
cblr-1693	381	6	’	'	PUNCT
cblr-1693	381	7	choices	choice	NOUN
cblr-1693	381	8	reflect	reflect	VERB
cblr-1693	381	9	an	an	DET
cblr-1693	381	10	understanding	understanding	NOUN
cblr-1693	381	11	of	of	ADP
cblr-1693	381	12	the	the	DET
cblr-1693	381	13	international	international	ADJ
cblr-1693	381	14	consensus	consensus	NOUN
cblr-1693	381	15	regarding	regard	VERB
cblr-1693	381	16	both	both	DET
cblr-1693	381	17	methods	method	NOUN
cblr-1693	381	18	’	'	PUNCT
cblr-1693	381	19	importance	importance	NOUN
cblr-1693	381	20	.	.	PUNCT
cblr-1693	382	1	d.	d.	PROPN
cblr-1693	382	2	the	the	DET
cblr-1693	382	3	financial	financial	ADJ
cblr-1693	382	4	regulators	regulator	NOUN
cblr-1693	382	5	’	’	PART
cblr-1693	382	6	implementation	implementation	NOUN
cblr-1693	382	7	of	of	ADP
cblr-1693	382	8	the	the	DET
cblr-1693	382	9	83	83	NUM
cblr-1693	382	10	see	see	VERB
cblr-1693	382	11	i	i	PRON
cblr-1693	382	12	d.	d.	PROPN
cblr-1693	382	13	at	at	ADP
cblr-1693	382	14	24	24	NUM
cblr-1693	382	15	(	(	PUNCT
cblr-1693	382	16	“	"	PUNCT
cblr-1693	382	17	under	under	ADP
cblr-1693	382	18	the	the	DET
cblr-1693	382	19	top	top	ADJ
cblr-1693	382	20	-	-	PUNCT
cblr-1693	382	21	down	down	ADP
cblr-1693	382	22	approach	approach	NOUN
cblr-1693	382	23	,	,	PUNCT
cblr-1693	382	24	a	a	DET
cblr-1693	382	25	determining	determine	VERB
cblr-1693	382	26	authority	authority	NOUN
cblr-1693	382	27	identifies	identify	VERB
cblr-1693	382	28	products	product	NOUN
cblr-1693	382	29	that	that	SCONJ
cblr-1693	382	30	it	it	PRON
cblr-1693	382	31	deems	deem	VERB
cblr-1693	382	32	may	may	AUX
cblr-1693	382	33	be	be	AUX
cblr-1693	382	34	suitable	suitable	ADJ
cblr-1693	382	35	for	for	ADP
cblr-1693	382	36	mandatory	mandatory	ADJ
cblr-1693	382	37	clearing	clearing	NOUN
cblr-1693	382	38	based	base	VERB
cblr-1693	382	39	on	on	ADP
cblr-1693	382	40	the	the	DET
cblr-1693	382	41	criteria	criterion	NOUN
cblr-1693	382	42	within	within	ADP
cblr-1693	382	43	its	its	PRON
cblr-1693	382	44	jurisdiction	jurisdiction	NOUN
cblr-1693	382	45	even	even	ADV
cblr-1693	382	46	though	though	SCONJ
cblr-1693	382	47	there	there	PRON
cblr-1693	382	48	may	may	AUX
cblr-1693	382	49	be	be	AUX
cblr-1693	382	50	no	no	DET
cblr-1693	382	51	[	[	X
cblr-1693	382	52	central	central	ADJ
cblr-1693	382	53	clearing	clearing	NOUN
cblr-1693	382	54	party	party	NOUN
cblr-1693	382	55	]	]	PUNCT
cblr-1693	382	56	clearing	clear	VERB
cblr-1693	382	57	or	or	CCONJ
cblr-1693	382	58	seeking	seek	VERB
cblr-1693	382	59	to	to	PART
cblr-1693	382	60	clear	clear	VERB
cblr-1693	382	61	that	that	DET
cblr-1693	382	62	particular	particular	ADJ
cblr-1693	382	63	product	product	NOUN
cblr-1693	382	64	.	.	PUNCT
cblr-1693	382	65	”	"	PUNCT
cblr-1693	382	66	)	)	PUNCT
cblr-1693	382	67	.	.	PUNCT
cblr-1693	383	1	84	84	NUM
cblr-1693	383	2	see	see	VERB
cblr-1693	383	3	i	i	PRON
cblr-1693	383	4	d.	d.	PROPN
cblr-1693	383	5	at	at	ADP
cblr-1693	383	6	11	11	NUM
cblr-1693	383	7	(	(	PUNCT
cblr-1693	383	8	“	"	PUNCT
cblr-1693	383	9	as	as	SCONJ
cblr-1693	383	10	new	new	ADJ
cblr-1693	383	11	otc	otc	ADJ
cblr-1693	383	12	derivative	derivative	ADJ
cblr-1693	383	13	products	product	NOUN
cblr-1693	383	14	emerge	emerge	VERB
cblr-1693	383	15	or	or	CCONJ
cblr-1693	383	16	existing	exist	VERB
cblr-1693	383	17	products	product	NOUN
cblr-1693	383	18	and	and	CCONJ
cblr-1693	383	19	[	[	X
cblr-1693	383	20	central	central	ADJ
cblr-1693	383	21	clearing	clearing	NOUN
cblr-1693	383	22	party	party	NOUN
cblr-1693	383	23	]	]	PUNCT
cblr-1693	383	24	coverage	coverage	NOUN
cblr-1693	383	25	of	of	ADP
cblr-1693	383	26	existing	exist	VERB
cblr-1693	383	27	products	product	NOUN
cblr-1693	383	28	change	change	NOUN
cblr-1693	383	29	,	,	PUNCT
cblr-1693	383	30	products	product	NOUN
cblr-1693	383	31	may	may	AUX
cblr-1693	383	32	be	be	AUX
cblr-1693	383	33	determined	determine	VERB
cblr-1693	383	34	to	to	PART
cblr-1693	383	35	be	be	AUX
cblr-1693	383	36	subject	subject	ADJ
cblr-1693	383	37	to	to	ADP
cblr-1693	383	38	a	a	DET
cblr-1693	383	39	mandatory	mandatory	ADJ
cblr-1693	383	40	clearing	clearing	NOUN
cblr-1693	383	41	obligation	obligation	NOUN
cblr-1693	383	42	as	as	SCONJ
cblr-1693	383	43	deemed	deem	VERB
cblr-1693	383	44	appropriate	appropriate	ADJ
cblr-1693	383	45	by	by	ADP
cblr-1693	383	46	the	the	DET
cblr-1693	383	47	determining	determine	VERB
cblr-1693	383	48	authority	authority	NOUN
cblr-1693	383	49	.	.	PUNCT
cblr-1693	384	1	this	this	PRON
cblr-1693	384	2	enables	enable	VERB
cblr-1693	384	3	authorities	authority	NOUN
cblr-1693	384	4	to	to	PART
cblr-1693	384	5	respond	respond	VERB
cblr-1693	384	6	to	to	ADP
cblr-1693	384	7	developments	development	NOUN
cblr-1693	384	8	in	in	ADP
cblr-1693	384	9	the	the	DET
cblr-1693	384	10	otc	otc	PROPN
cblr-1693	384	11	derivatives	derivative	NOUN
cblr-1693	384	12	markets	market	NOUN
cblr-1693	384	13	and	and	CCONJ
cblr-1693	384	14	to	to	PART
cblr-1693	384	15	adapt	adapt	VERB
cblr-1693	384	16	mandatory	mandatory	ADJ
cblr-1693	384	17	clearing	clearing	NOUN
cblr-1693	384	18	obligations	obligation	NOUN
cblr-1693	384	19	accordingly	accordingly	ADV
cblr-1693	384	20	.	.	PUNCT
cblr-1693	384	21	”	"	PUNCT
cblr-1693	384	22	)	)	PUNCT
cblr-1693	384	23	.	.	PUNCT
cblr-1693	385	1	85	85	NUM
cblr-1693	386	1	i	i	PRON
cblr-1693	386	2	d.	d.	PROPN
cblr-1693	386	3	274	274	NUM
cblr-1693	386	4	columbia	columbia	PROPN
cblr-1693	386	5	business	business	NOUN
cblr-1693	386	6	law	law	PROPN
cblr-1693	386	7	review	review	NOUN
cblr-1693	386	8	[	[	X
cblr-1693	386	9	vol	vol	NOUN
cblr-1693	386	10	.	.	NOUN
cblr-1693	386	11	2019	2019	NUM
cblr-1693	386	12	wall	wall	PROPN
cblr-1693	386	13	street	street	PROPN
cblr-1693	386	14	transparency	transparency	NOUN
cblr-1693	386	15	and	and	CCONJ
cblr-1693	386	16	accountability	accountability	NOUN
cblr-1693	386	17	act	act	NOUN
cblr-1693	386	18	despite	despite	SCONJ
cblr-1693	386	19	identical	identical	ADJ
cblr-1693	386	20	statutory	statutory	ADJ
cblr-1693	386	21	language	language	NOUN
cblr-1693	386	22	,	,	PUNCT
cblr-1693	386	23	the	the	DET
cblr-1693	386	24	cftc	cftc	PROPN
cblr-1693	386	25	and	and	CCONJ
cblr-1693	386	26	sec	sec	PROPN
cblr-1693	386	27	approached	approach	VERB
cblr-1693	386	28	implementation	implementation	NOUN
cblr-1693	386	29	in	in	ADP
cblr-1693	386	30	dramatically	dramatically	ADV
cblr-1693	386	31	different	different	ADJ
cblr-1693	386	32	manners.86	manners.86	NOUN
cblr-1693	386	33	the	the	DET
cblr-1693	386	34	cftc	cftc	PROPN
cblr-1693	386	35	promulgated	promulgate	VERB
cblr-1693	386	36	rules	rule	NOUN
cblr-1693	386	37	governing	govern	VERB
cblr-1693	386	38	the	the	DET
cblr-1693	386	39	submission	submission	NOUN
cblr-1693	386	40	process	process	NOUN
cblr-1693	386	41	and	and	CCONJ
cblr-1693	386	42	commission	commission	NOUN
cblr-1693	386	43	-	-	PUNCT
cblr-1693	386	44	initiated	initiate	VERB
cblr-1693	386	45	review	review	NOUN
cblr-1693	386	46	in	in	ADP
cblr-1693	386	47	2011.87	2011.87	NUM
cblr-1693	386	48	in	in	ADP
cblr-1693	386	49	2012	2012	NUM
cblr-1693	386	50	,	,	PUNCT
cblr-1693	386	51	it	it	PRON
cblr-1693	386	52	used	use	VERB
cblr-1693	386	53	these	these	DET
cblr-1693	386	54	processes	process	NOUN
cblr-1693	386	55	to	to	PART
cblr-1693	386	56	determine	determine	VERB
cblr-1693	386	57	that	that	SCONJ
cblr-1693	386	58	certain	certain	ADJ
cblr-1693	386	59	classes	class	NOUN
cblr-1693	386	60	of	of	ADP
cblr-1693	386	61	interest	interest	NOUN
cblr-1693	386	62	-	-	PUNCT
cblr-1693	386	63	rate	rate	NOUN
cblr-1693	386	64	swaps	swap	NOUN
cblr-1693	386	65	and	and	CCONJ
cblr-1693	386	66	cdss	cdss	NOUN
cblr-1693	386	67	would	would	AUX
cblr-1693	386	68	be	be	AUX
cblr-1693	386	69	subject	subject	ADJ
cblr-1693	386	70	to	to	ADP
cblr-1693	386	71	the	the	DET
cblr-1693	386	72	central	central	ADJ
cblr-1693	386	73	clearing	clearing	NOUN
cblr-1693	386	74	requirement.88	requirement.88	NOUN
cblr-1693	386	75	ongoing	ongoing	ADJ
cblr-1693	386	76	cftc	cftc	PROPN
cblr-1693	386	77	review	review	NOUN
cblr-1693	386	78	since	since	SCONJ
cblr-1693	386	79	2012	2012	NUM
cblr-1693	386	80	supplemented	supplement	VERB
cblr-1693	386	81	these	these	DET
cblr-1693	386	82	initial	initial	ADJ
cblr-1693	386	83	determinations	determination	NOUN
cblr-1693	386	84	and	and	CCONJ
cblr-1693	386	85	added	add	VERB
cblr-1693	386	86	to	to	ADP
cblr-1693	386	87	the	the	DET
cblr-1693	386	88	mandatory	mandatory	ADJ
cblr-1693	386	89	clearing	clearing	NOUN
cblr-1693	386	90	rules	rule	NOUN
cblr-1693	386	91	accordingly.89	accordingly.89	VERB
cblr-1693	386	92	the	the	DET
cblr-1693	386	93	sec	sec	PROPN
cblr-1693	386	94	has	have	AUX
cblr-1693	386	95	taken	take	VERB
cblr-1693	386	96	“	"	PUNCT
cblr-1693	386	97	a	a	DET
cblr-1693	386	98	slower	slow	ADJ
cblr-1693	386	99	,	,	PUNCT
cblr-1693	386	100	more	more	ADV
cblr-1693	386	101	deliberate	deliberate	ADJ
cblr-1693	386	102	approach	approach	NOUN
cblr-1693	386	103	to	to	ADP
cblr-1693	386	104	rulemaking	rulemaking	NOUN
cblr-1693	386	105	.	.	PUNCT
cblr-1693	387	1	”90	”90	PUNCT
cblr-1693	387	2	in	in	ADP
cblr-1693	387	3	2011	2011	NUM
cblr-1693	387	4	,	,	PUNCT
cblr-1693	387	5	the	the	DET
cblr-1693	387	6	sec	sec	PROPN
cblr-1693	387	7	issued	issue	VERB
cblr-1693	387	8	an	an	DET
cblr-1693	387	9	exemptive	exemptive	NOUN
cblr-1693	387	10	order	order	NOUN
cblr-1693	387	11	granting	grant	VERB
cblr-1693	387	12	private	private	ADJ
cblr-1693	387	13	actors	actor	NOUN
cblr-1693	387	14	temporary	temporary	ADJ
cblr-1693	387	15	relief	relief	NOUN
cblr-1693	387	16	from	from	ADP
cblr-1693	387	17	compliance	compliance	NOUN
cblr-1693	387	18	with	with	ADP
cblr-1693	387	19	certain	certain	ADJ
cblr-1693	387	20	provisions	provision	NOUN
cblr-1693	387	21	until	until	SCONJ
cblr-1693	387	22	the	the	DET
cblr-1693	387	23	sec	sec	PROPN
cblr-1693	387	24	was	be	AUX
cblr-1693	387	25	able	able	ADJ
cblr-1693	387	26	to	to	PART
cblr-1693	387	27	produce	produce	VERB
cblr-1693	387	28	its	its	PRON
cblr-1693	387	29	regulations.91	regulations.91	NOUN
cblr-1693	387	30	in	in	ADP
cblr-1693	387	31	2012	2012	NUM
cblr-1693	387	32	,	,	PUNCT
cblr-1693	387	33	an	an	DET
cblr-1693	387	34	sec	sec	PROPN
cblr-1693	387	35	timeline	timeline	NOUN
cblr-1693	387	36	for	for	ADP
cblr-1693	387	37	the	the	DET
cblr-1693	387	38	promulgation	promulgation	NOUN
cblr-1693	387	39	of	of	ADP
cblr-1693	387	40	final	final	ADJ
cblr-1693	387	41	rules	rule	NOUN
cblr-1693	387	42	under	under	ADP
cblr-1693	387	43	dodd	dodd	PROPN
cblr-1693	387	44	-	-	PUNCT
cblr-1693	387	45	frank	frank	ADJ
cblr-1693	387	46	regulating	regulate	VERB
cblr-1693	387	47	security	security	NOUN
cblr-1693	387	48	-	-	PUNCT
cblr-1693	387	49	based	base	VERB
cblr-1693	387	50	swaps	swap	NOUN
cblr-1693	387	51	noted	note	VERB
cblr-1693	387	52	that	that	SCONJ
cblr-1693	387	53	a	a	DET
cblr-1693	387	54	proposed	propose	VERB
cblr-1693	387	55	rule	rule	NOUN
cblr-1693	387	56	had	have	AUX
cblr-1693	387	57	already	already	ADV
cblr-1693	387	58	set	set	VERB
cblr-1693	387	59	forth	forth	ADP
cblr-1693	387	60	the	the	DET
cblr-1693	387	61	expected	expect	VERB
cblr-1693	387	62	submission	submission	NOUN
cblr-1693	387	63	process	process	NOUN
cblr-1693	387	64	for	for	ADP
cblr-1693	387	65	security	security	NOUN
cblr-1693	387	66	-	-	PUNCT
cblr-1693	387	67	based	base	VERB
cblr-1693	387	68	swaps.92	swaps.92	NOUN
cblr-1693	387	69	this	this	DET
cblr-1693	387	70	86	86	NUM
cblr-1693	387	71	see	see	VERB
cblr-1693	387	72	infra	infra	NOUN
cblr-1693	387	73	figure	figure	NOUN
cblr-1693	387	74	2	2	NUM
cblr-1693	387	75	.	.	NUM
cblr-1693	387	76	87	87	NUM
cblr-1693	387	77	see	see	VERB
cblr-1693	387	78	generally	generally	ADV
cblr-1693	387	79	process	process	NOUN
cblr-1693	387	80	for	for	ADP
cblr-1693	387	81	review	review	NOUN
cblr-1693	387	82	of	of	ADP
cblr-1693	387	83	swaps	swap	NOUN
cblr-1693	387	84	for	for	ADP
cblr-1693	387	85	mandatory	mandatory	ADJ
cblr-1693	387	86	clearing	clearing	NOUN
cblr-1693	387	87	,	,	PUNCT
cblr-1693	387	88	76	76	NUM
cblr-1693	387	89	fed	fed	PROPN
cblr-1693	387	90	.	.	PUNCT
cblr-1693	388	1	reg	reg	PROPN
cblr-1693	388	2	.	.	PUNCT
cblr-1693	389	1	44,464	44,464	NUM
cblr-1693	389	2	(	(	PUNCT
cblr-1693	389	3	july	july	PROPN
cblr-1693	389	4	26	26	NUM
cblr-1693	389	5	,	,	PUNCT
cblr-1693	389	6	2011	2011	NUM
cblr-1693	389	7	)	)	PUNCT
cblr-1693	390	1	(	(	PUNCT
cblr-1693	390	2	to	to	PART
cblr-1693	390	3	be	be	AUX
cblr-1693	390	4	codified	codify	VERB
cblr-1693	390	5	at	at	ADP
cblr-1693	390	6	17	17	NUM
cblr-1693	390	7	c.f.r	c.f.r	NOUN
cblr-1693	390	8	.	.	PUNCT
cblr-1693	391	1	pts	pts	PROPN
cblr-1693	391	2	.	.	PROPN
cblr-1693	391	3	39	39	NUM
cblr-1693	391	4	,	,	PUNCT
cblr-1693	391	5	140	140	NUM
cblr-1693	391	6	)	)	PUNCT
cblr-1693	391	7	.	.	PUNCT
cblr-1693	392	1	88	88	NUM
cblr-1693	392	2	see	see	VERB
cblr-1693	392	3	clearing	clearing	NOUN
cblr-1693	392	4	requirement	requirement	NOUN
cblr-1693	392	5	determination	determination	NOUN
cblr-1693	392	6	under	under	ADP
cblr-1693	392	7	section	section	NOUN
cblr-1693	392	8	2(h	2(h	NUM
cblr-1693	392	9	)	)	PUNCT
cblr-1693	392	10	of	of	ADP
cblr-1693	392	11	the	the	DET
cblr-1693	392	12	cea	cea	PROPN
cblr-1693	392	13	,	,	PUNCT
cblr-1693	392	14	77	77	NUM
cblr-1693	392	15	fed	fed	PROPN
cblr-1693	392	16	.	.	PUNCT
cblr-1693	393	1	reg	reg	PROPN
cblr-1693	393	2	.	.	PUNCT
cblr-1693	394	1	74,284	74,284	NUM
cblr-1693	394	2	,	,	PUNCT
cblr-1693	394	3	74,287	74,287	NUM
cblr-1693	394	4	(	(	PUNCT
cblr-1693	394	5	dec	dec	PROPN
cblr-1693	394	6	.	.	PROPN
cblr-1693	394	7	13	13	NUM
cblr-1693	394	8	,	,	PUNCT
cblr-1693	394	9	2012	2012	NUM
cblr-1693	394	10	)	)	PUNCT
cblr-1693	394	11	(	(	PUNCT
cblr-1693	394	12	to	to	PART
cblr-1693	394	13	be	be	AUX
cblr-1693	394	14	codified	codify	VERB
cblr-1693	394	15	at	at	ADP
cblr-1693	394	16	17	17	NUM
cblr-1693	394	17	c.f.r	c.f.r	NOUN
cblr-1693	394	18	.	.	PUNCT
cblr-1693	395	1	pts	pts	PROPN
cblr-1693	395	2	.	.	PROPN
cblr-1693	395	3	39	39	NUM
cblr-1693	395	4	,	,	PUNCT
cblr-1693	395	5	50	50	NUM
cblr-1693	395	6	)	)	PUNCT
cblr-1693	395	7	(	(	PUNCT
cblr-1693	395	8	using	use	VERB
cblr-1693	395	9	submissions	submission	NOUN
cblr-1693	395	10	from	from	ADP
cblr-1693	395	11	clearing	clear	VERB
cblr-1693	395	12	organizations	organization	NOUN
cblr-1693	395	13	to	to	PART
cblr-1693	395	14	establish	establish	VERB
cblr-1693	395	15	the	the	DET
cblr-1693	395	16	central	central	ADJ
cblr-1693	395	17	clearing	clearing	NOUN
cblr-1693	395	18	mandate	mandate	NOUN
cblr-1693	395	19	)	)	PUNCT
cblr-1693	395	20	.	.	PUNCT
cblr-1693	396	1	89	89	NUM
cblr-1693	396	2	see	see	VERB
cblr-1693	396	3	clearing	clearing	NOUN
cblr-1693	396	4	requirement	requirement	NOUN
cblr-1693	396	5	determination	determination	NOUN
cblr-1693	396	6	under	under	ADP
cblr-1693	396	7	section	section	NOUN
cblr-1693	396	8	2(h	2(h	NUM
cblr-1693	396	9	)	)	PUNCT
cblr-1693	396	10	of	of	ADP
cblr-1693	396	11	the	the	DET
cblr-1693	396	12	commodity	commodity	NOUN
cblr-1693	396	13	exchange	exchange	PROPN
cblr-1693	396	14	act	act	NOUN
cblr-1693	396	15	for	for	ADP
cblr-1693	396	16	interest	interest	NOUN
cblr-1693	396	17	rate	rate	NOUN
cblr-1693	396	18	swaps	swap	NOUN
cblr-1693	396	19	,	,	PUNCT
cblr-1693	396	20	81	81	NUM
cblr-1693	396	21	fed	feed	VERB
cblr-1693	396	22	.	.	PUNCT
cblr-1693	397	1	reg	reg	PROPN
cblr-1693	397	2	.	.	PUNCT
cblr-1693	398	1	71,202	71,202	NUM
cblr-1693	398	2	,	,	PUNCT
cblr-1693	398	3	71,226	71,226	NUM
cblr-1693	398	4	(	(	PUNCT
cblr-1693	398	5	oct	oct	PROPN
cblr-1693	398	6	.	.	PROPN
cblr-1693	398	7	14	14	NUM
cblr-1693	398	8	,	,	PUNCT
cblr-1693	398	9	2016	2016	NUM
cblr-1693	398	10	)	)	PUNCT
cblr-1693	398	11	(	(	PUNCT
cblr-1693	398	12	codified	codify	VERB
cblr-1693	398	13	at	at	ADP
cblr-1693	398	14	17	17	NUM
cblr-1693	398	15	c.f.r	c.f.r	NOUN
cblr-1693	398	16	.	.	PUNCT
cblr-1693	399	1	pt	pt	PROPN
cblr-1693	399	2	.	.	PROPN
cblr-1693	399	3	50	50	NUM
cblr-1693	399	4	)	)	PUNCT
cblr-1693	399	5	(	(	PUNCT
cblr-1693	399	6	expanding	expand	VERB
cblr-1693	399	7	the	the	DET
cblr-1693	399	8	central	central	ADJ
cblr-1693	399	9	clearing	clearing	NOUN
cblr-1693	399	10	obligation	obligation	NOUN
cblr-1693	399	11	to	to	ADP
cblr-1693	399	12	additional	additional	ADJ
cblr-1693	399	13	classes	class	NOUN
cblr-1693	399	14	of	of	ADP
cblr-1693	399	15	interest	interest	NOUN
cblr-1693	399	16	rate	rate	NOUN
cblr-1693	399	17	swaps	swap	NOUN
cblr-1693	399	18	)	)	PUNCT
cblr-1693	399	19	.	.	PUNCT
cblr-1693	400	1	90	90	NUM
cblr-1693	400	2	julian	julian	PROPN
cblr-1693	400	3	e.	e.	PROPN
cblr-1693	400	4	hammar	hammar	PROPN
cblr-1693	400	5	,	,	PUNCT
cblr-1693	400	6	david	david	PROPN
cblr-1693	400	7	b.	b.	PROPN
cblr-1693	400	8	lichtstein	lichtstein	PROPN
cblr-1693	400	9	&	&	CCONJ
cblr-1693	400	10	robert	robert	PROPN
cblr-1693	400	11	j.	j.	PROPN
cblr-1693	400	12	dilworth	dilworth	PROPN
cblr-1693	400	13	,	,	PUNCT
cblr-1693	400	14	the	the	DET
cblr-1693	400	15	sec	sec	PROPN
cblr-1693	400	16	’s	’s	PART
cblr-1693	400	17	long	long	ADV
cblr-1693	400	18	-	-	PUNCT
cblr-1693	400	19	awaited	await	VERB
cblr-1693	400	20	security	security	NOUN
cblr-1693	400	21	-	-	PUNCT
cblr-1693	400	22	based	base	VERB
cblr-1693	400	23	swaps	swap	NOUN
cblr-1693	400	24	rules	rule	NOUN
cblr-1693	400	25	may	may	AUX
cblr-1693	400	26	be	be	AUX
cblr-1693	400	27	approaching	approach	VERB
cblr-1693	400	28	,	,	PUNCT
cblr-1693	400	29	50	50	NUM
cblr-1693	400	30	rev	rev	X
cblr-1693	400	31	.	.	PUNCT
cblr-1693	400	32	sec	sec	PROPN
cblr-1693	400	33	.	.	PROPN
cblr-1693	400	34	&	&	CCONJ
cblr-1693	400	35	commodities	commodity	NOUN
cblr-1693	400	36	reg	reg	VERB
cblr-1693	400	37	.	.	PUNCT
cblr-1693	401	1	77	77	NUM
cblr-1693	401	2	,	,	PUNCT
cblr-1693	401	3	78	78	NUM
cblr-1693	401	4	(	(	PUNCT
cblr-1693	401	5	2017	2017	NUM
cblr-1693	401	6	)	)	PUNCT
cblr-1693	401	7	.	.	PUNCT
cblr-1693	402	1	91	91	NUM
cblr-1693	402	2	see	see	VERB
cblr-1693	402	3	generally	generally	ADV
cblr-1693	402	4	temporary	temporary	ADJ
cblr-1693	402	5	exemptions	exemption	NOUN
cblr-1693	402	6	and	and	CCONJ
cblr-1693	402	7	other	other	ADJ
cblr-1693	402	8	temporary	temporary	ADJ
cblr-1693	402	9	relief	relief	NOUN
cblr-1693	402	10	,	,	PUNCT
cblr-1693	402	11	together	together	ADV
cblr-1693	402	12	with	with	ADP
cblr-1693	402	13	information	information	NOUN
cblr-1693	402	14	on	on	ADP
cblr-1693	402	15	compliance	compliance	NOUN
cblr-1693	402	16	dates	date	NOUN
cblr-1693	402	17	for	for	ADP
cblr-1693	402	18	new	new	ADJ
cblr-1693	402	19	provisions	provision	NOUN
cblr-1693	402	20	of	of	ADP
cblr-1693	402	21	the	the	DET
cblr-1693	402	22	securities	securities	PROPN
cblr-1693	402	23	exchange	exchange	PROPN
cblr-1693	402	24	act	act	NOUN
cblr-1693	402	25	of	of	ADP
cblr-1693	402	26	1934	1934	NUM
cblr-1693	402	27	applicable	applicable	ADJ
cblr-1693	402	28	to	to	ADP
cblr-1693	402	29	security	security	NOUN
cblr-1693	402	30	-	-	PUNCT
cblr-1693	402	31	based	base	VERB
cblr-1693	402	32	swaps	swap	NOUN
cblr-1693	402	33	,	,	PUNCT
cblr-1693	402	34	76	76	NUM
cblr-1693	402	35	fed	fed	PROPN
cblr-1693	402	36	.	.	PUNCT
cblr-1693	403	1	reg	reg	PROPN
cblr-1693	403	2	.	.	PROPN
cblr-1693	404	1	36,287	36,287	NUM
cblr-1693	404	2	(	(	PUNCT
cblr-1693	404	3	june	june	PROPN
cblr-1693	404	4	22	22	NUM
cblr-1693	404	5	,	,	PUNCT
cblr-1693	404	6	2011	2011	NUM
cblr-1693	404	7	)	)	PUNCT
cblr-1693	404	8	(	(	PUNCT
cblr-1693	404	9	to	to	PART
cblr-1693	404	10	be	be	AUX
cblr-1693	404	11	codified	codify	VERB
cblr-1693	404	12	at	at	ADP
cblr-1693	404	13	17	17	NUM
cblr-1693	404	14	c.f.r	c.f.r	NOUN
cblr-1693	404	15	.	.	PUNCT
cblr-1693	405	1	pt	pt	PROPN
cblr-1693	405	2	.	.	PROPN
cblr-1693	405	3	240	240	NUM
cblr-1693	405	4	)	)	PUNCT
cblr-1693	405	5	.	.	PUNCT
cblr-1693	406	1	92	92	NUM
cblr-1693	406	2	see	see	VERB
cblr-1693	406	3	statement	statement	NOUN
cblr-1693	406	4	of	of	ADP
cblr-1693	406	5	general	general	ADJ
cblr-1693	406	6	policy	policy	NOUN
cblr-1693	406	7	on	on	ADP
cblr-1693	406	8	the	the	DET
cblr-1693	406	9	sequencing	sequencing	NOUN
cblr-1693	406	10	of	of	ADP
cblr-1693	406	11	the	the	DET
cblr-1693	406	12	compliance	compliance	NOUN
cblr-1693	406	13	dates	date	VERB
cblr-1693	406	14	for	for	ADP
cblr-1693	406	15	final	final	ADJ
cblr-1693	406	16	rules	rule	NOUN
cblr-1693	406	17	applicable	applicable	ADJ
cblr-1693	406	18	to	to	ADP
cblr-1693	406	19	security	security	NOUN
cblr-1693	406	20	-	-	PUNCT
cblr-1693	406	21	based	base	VERB
cblr-1693	406	22	swaps	swap	NOUN
cblr-1693	406	23	adopted	adopt	VERB
cblr-1693	406	24	pursuant	pursuant	ADV
cblr-1693	406	25	to	to	ADP
cblr-1693	406	26	the	the	DET
cblr-1693	406	27	securities	securities	PROPN
cblr-1693	406	28	exchange	exchange	PROPN
cblr-1693	406	29	act	act	NOUN
cblr-1693	406	30	of	of	ADP
cblr-1693	406	31	1934	1934	NUM
cblr-1693	406	32	and	and	CCONJ
cblr-1693	406	33	the	the	DET
cblr-1693	406	34	doddfrank	doddfrank	PROPN
cblr-1693	406	35	wall	wall	PROPN
cblr-1693	406	36	street	street	PROPN
cblr-1693	406	37	reform	reform	PROPN
cblr-1693	406	38	and	and	CCONJ
cblr-1693	406	39	consumer	consumer	NOUN
cblr-1693	406	40	protection	protection	PROPN
cblr-1693	406	41	act	act	PROPN
cblr-1693	406	42	,	,	PUNCT
cblr-1693	406	43	77	77	NUM
cblr-1693	406	44	fed	fed	PROPN
cblr-1693	406	45	.	.	PUNCT
cblr-1693	407	1	reg	reg	PROPN
cblr-1693	407	2	.	.	PUNCT
cblr-1693	408	1	no	no	INTJ
cblr-1693	408	2	.	.	PUNCT
cblr-1693	409	1	1:252	1:252	NUM
cblr-1693	409	2	]	]	X
cblr-1693	409	3	to	to	PART
cblr-1693	409	4	clear	clear	ADJ
cblr-1693	409	5	or	or	CCONJ
cblr-1693	409	6	not	not	PART
cblr-1693	409	7	to	to	PART
cblr-1693	409	8	clear	clear	VERB
cblr-1693	409	9	275	275	NUM
cblr-1693	409	10	rule	rule	NOUN
cblr-1693	409	11	was	be	AUX
cblr-1693	409	12	finalized	finalize	VERB
cblr-1693	410	1	a	a	DET
cblr-1693	410	2	month	month	NOUN
cblr-1693	410	3	later,93	later,93	NOUN
cblr-1693	410	4	but	but	CCONJ
cblr-1693	410	5	the	the	DET
cblr-1693	410	6	earlier	early	ADJ
cblr-1693	410	7	timeline	timeline	NOUN
cblr-1693	410	8	also	also	ADV
cblr-1693	410	9	clarified	clarify	VERB
cblr-1693	410	10	that	that	SCONJ
cblr-1693	410	11	submissions	submission	NOUN
cblr-1693	410	12	and	and	CCONJ
cblr-1693	410	13	determinations	determination	NOUN
cblr-1693	410	14	would	would	AUX
cblr-1693	410	15	not	not	PART
cblr-1693	410	16	begin	begin	VERB
cblr-1693	410	17	until	until	SCONJ
cblr-1693	410	18	other	other	ADJ
cblr-1693	410	19	necessary	necessary	ADJ
cblr-1693	410	20	rules	rule	NOUN
cblr-1693	410	21	were	be	AUX
cblr-1693	410	22	also	also	ADV
cblr-1693	410	23	finalized.94	finalized.94	ADJ
cblr-1693	410	24	as	as	ADP
cblr-1693	410	25	of	of	ADP
cblr-1693	410	26	this	this	DET
cblr-1693	410	27	publication	publication	NOUN
cblr-1693	410	28	,	,	PUNCT
cblr-1693	410	29	the	the	DET
cblr-1693	410	30	sec	sec	PROPN
cblr-1693	410	31	has	have	VERB
cblr-1693	410	32	neither	neither	CCONJ
cblr-1693	410	33	begun	begin	VERB
cblr-1693	410	34	submissions	submission	NOUN
cblr-1693	410	35	of	of	ADP
cblr-1693	410	36	security	security	NOUN
cblr-1693	410	37	-	-	PUNCT
cblr-1693	410	38	based	base	VERB
cblr-1693	410	39	swaps	swap	NOUN
cblr-1693	410	40	for	for	ADP
cblr-1693	410	41	review	review	NOUN
cblr-1693	410	42	nor	nor	CCONJ
cblr-1693	410	43	determined	determine	VERB
cblr-1693	410	44	that	that	SCONJ
cblr-1693	410	45	any	any	DET
cblr-1693	410	46	products	product	NOUN
cblr-1693	410	47	must	must	AUX
cblr-1693	410	48	be	be	AUX
cblr-1693	410	49	centrally	centrally	ADV
cblr-1693	410	50	cleared.95	cleared.95	NOUN
cblr-1693	410	51	1	1	NUM
cblr-1693	410	52	.	.	PUNCT
cblr-1693	411	1	the	the	DET
cblr-1693	411	2	cftc	cftc	PROPN
cblr-1693	411	3	takes	take	VERB
cblr-1693	411	4	action	action	NOUN
cblr-1693	411	5	title	title	NOUN
cblr-1693	411	6	vii	vii	PROPN
cblr-1693	411	7	grants	grant	VERB
cblr-1693	411	8	the	the	DET
cblr-1693	411	9	cftc	cftc	PROPN
cblr-1693	411	10	jurisdiction	jurisdiction	NOUN
cblr-1693	411	11	over	over	ADP
cblr-1693	411	12	swaps	swap	NOUN
cblr-1693	411	13	,	,	PUNCT
cblr-1693	411	14	a	a	DET
cblr-1693	411	15	subset	subset	NOUN
cblr-1693	411	16	of	of	ADP
cblr-1693	411	17	otc	otc	PROPN
cblr-1693	411	18	derivatives	derivative	NOUN
cblr-1693	411	19	estimated	estimate	VERB
cblr-1693	411	20	to	to	PART
cblr-1693	411	21	make	make	VERB
cblr-1693	411	22	up	up	ADP
cblr-1693	411	23	approximately	approximately	ADV
cblr-1693	411	24	ninety	ninety	NUM
cblr-1693	411	25	percent	percent	NOUN
cblr-1693	411	26	of	of	ADP
cblr-1693	411	27	the	the	DET
cblr-1693	411	28	market.96	market.96	NOUN
cblr-1693	411	29	this	this	DET
cblr-1693	411	30	significant	significant	ADJ
cblr-1693	411	31	portion	portion	NOUN
cblr-1693	411	32	of	of	ADP
cblr-1693	411	33	otc	otc	PROPN
cblr-1693	411	34	derivatives	derivative	NOUN
cblr-1693	411	35	includes	include	VERB
cblr-1693	411	36	cdss	cdss	NOUN
cblr-1693	411	37	on	on	ADP
cblr-1693	411	38	broad	broad	ADV
cblr-1693	411	39	-	-	PUNCT
cblr-1693	411	40	based	base	VERB
cblr-1693	411	41	security	security	NOUN
cblr-1693	411	42	indices	index	NOUN
cblr-1693	411	43	,	,	PUNCT
cblr-1693	411	44	one	one	NUM
cblr-1693	411	45	of	of	ADP
cblr-1693	411	46	the	the	DET
cblr-1693	411	47	classes	class	NOUN
cblr-1693	411	48	of	of	ADP
cblr-1693	411	49	otc	otc	PROPN
cblr-1693	411	50	derivatives	derivative	NOUN
cblr-1693	411	51	which	which	PRON
cblr-1693	411	52	prominently	prominently	ADV
cblr-1693	411	53	impacted	impact	VERB
cblr-1693	411	54	the	the	DET
cblr-1693	411	55	market	market	NOUN
cblr-1693	411	56	during	during	ADP
cblr-1693	411	57	the	the	DET
cblr-1693	411	58	2008	2008	NUM
cblr-1693	411	59	financial	financial	ADJ
cblr-1693	411	60	crisis.97	crisis.97	NOUN
cblr-1693	411	61	due	due	ADP
cblr-1693	411	62	to	to	ADP
cblr-1693	411	63	the	the	DET
cblr-1693	411	64	scope	scope	NOUN
cblr-1693	411	65	of	of	ADP
cblr-1693	411	66	the	the	DET
cblr-1693	411	67	cftc	cftc	PROPN
cblr-1693	411	68	’s	’s	PART
cblr-1693	411	69	responsibility	responsibility	NOUN
cblr-1693	411	70	,	,	PUNCT
cblr-1693	411	71	35,625	35,625	NUM
cblr-1693	411	72	,	,	PUNCT
cblr-1693	411	73	35,626	35,626	NUM
cblr-1693	411	74	(	(	PUNCT
cblr-1693	411	75	june	june	PROPN
cblr-1693	411	76	14	14	NUM
cblr-1693	411	77	,	,	PUNCT
cblr-1693	411	78	2012	2012	NUM
cblr-1693	411	79	)	)	PUNCT
cblr-1693	411	80	(	(	PUNCT
cblr-1693	411	81	to	to	PART
cblr-1693	411	82	be	be	AUX
cblr-1693	411	83	codified	codify	VERB
cblr-1693	411	84	at	at	ADP
cblr-1693	411	85	17	17	NUM
cblr-1693	411	86	c.f.r	c.f.r	NOUN
cblr-1693	411	87	.	.	PUNCT
cblr-1693	412	1	pt	pt	PROPN
cblr-1693	412	2	.	.	PROPN
cblr-1693	412	3	240	240	NUM
cblr-1693	412	4	)	)	PUNCT
cblr-1693	412	5	(	(	PUNCT
cblr-1693	412	6	“	"	PUNCT
cblr-1693	412	7	[	[	X
cblr-1693	412	8	t]he	t]he	X
cblr-1693	412	9	[	[	X
cblr-1693	412	10	sec	sec	X
cblr-1693	412	11	]	]	X
cblr-1693	412	12	.	.	PUNCT
cblr-1693	412	13	.	.	PUNCT
cblr-1693	413	1	.	.	PUNCT
cblr-1693	413	2	has	have	AUX
cblr-1693	413	3	proposed	propose	VERB
cblr-1693	413	4	.	.	PUNCT
cblr-1693	413	5	.	.	PUNCT
cblr-1693	413	6	.	.	PUNCT
cblr-1693	414	1	[	[	X
cblr-1693	414	2	r]ules	r]ules	ADP
cblr-1693	414	3	relating	relate	VERB
cblr-1693	414	4	to	to	ADP
cblr-1693	414	5	mandatory	mandatory	ADJ
cblr-1693	414	6	clearing	clearing	NOUN
cblr-1693	414	7	of	of	ADP
cblr-1693	414	8	[	[	PUNCT
cblr-1693	414	9	security	security	NOUN
cblr-1693	414	10	-	-	PUNCT
cblr-1693	414	11	based	base	VERB
cblr-1693	414	12	]	]	PUNCT
cblr-1693	414	13	swaps	swap	NOUN
cblr-1693	414	14	that	that	PRON
cblr-1693	414	15	would	would	AUX
cblr-1693	414	16	specify	specify	VERB
cblr-1693	414	17	the	the	DET
cblr-1693	414	18	process	process	NOUN
cblr-1693	414	19	for	for	ADP
cblr-1693	414	20	a	a	DET
cblr-1693	414	21	registered	register	VERB
cblr-1693	414	22	clearing	clearing	NOUN
cblr-1693	414	23	agency	agency	NOUN
cblr-1693	414	24	’s	’s	PART
cblr-1693	414	25	submission	submission	NOUN
cblr-1693	414	26	for	for	ADP
cblr-1693	414	27	review	review	NOUN
cblr-1693	414	28	of	of	ADP
cblr-1693	414	29	[	[	PUNCT
cblr-1693	414	30	security	security	NOUN
cblr-1693	414	31	-	-	PUNCT
cblr-1693	414	32	based	base	VERB
cblr-1693	414	33	]	]	PUNCT
cblr-1693	414	34	swaps	swap	NOUN
cblr-1693	414	35	that	that	SCONJ
cblr-1693	414	36	the	the	DET
cblr-1693	414	37	clearing	clearing	NOUN
cblr-1693	414	38	agency	agency	NOUN
cblr-1693	414	39	plans	plan	VERB
cblr-1693	414	40	to	to	PART
cblr-1693	414	41	accept	accept	VERB
cblr-1693	414	42	for	for	ADP
cblr-1693	414	43	clearing	clear	VERB
cblr-1693	414	44	[	[	X
cblr-1693	414	45	.	.	X
cblr-1693	414	46	]	]	X
cblr-1693	414	47	”	"	PUNCT
cblr-1693	414	48	)	)	PUNCT
cblr-1693	414	49	.	.	PUNCT
cblr-1693	415	1	93	93	NUM
cblr-1693	415	2	see	see	VERB
cblr-1693	415	3	process	process	NOUN
cblr-1693	415	4	for	for	ADP
cblr-1693	415	5	submissions	submission	NOUN
cblr-1693	415	6	for	for	ADP
cblr-1693	415	7	review	review	NOUN
cblr-1693	415	8	of	of	ADP
cblr-1693	415	9	security	security	NOUN
cblr-1693	415	10	-	-	PUNCT
cblr-1693	415	11	based	base	VERB
cblr-1693	415	12	swaps	swap	NOUN
cblr-1693	415	13	for	for	ADP
cblr-1693	415	14	mandatory	mandatory	ADJ
cblr-1693	415	15	clearing	clearing	NOUN
cblr-1693	415	16	and	and	CCONJ
cblr-1693	415	17	notice	notice	VERB
cblr-1693	415	18	filing	filing	NOUN
cblr-1693	415	19	requirements	requirement	NOUN
cblr-1693	415	20	for	for	ADP
cblr-1693	415	21	clearing	clear	VERB
cblr-1693	415	22	agencies	agency	NOUN
cblr-1693	415	23	;	;	PUNCT
cblr-1693	415	24	technical	technical	ADJ
cblr-1693	415	25	amendments	amendment	NOUN
cblr-1693	415	26	to	to	PART
cblr-1693	415	27	rule	rule	VERB
cblr-1693	415	28	19b-4	19b-4	NOUN
cblr-1693	415	29	and	and	CCONJ
cblr-1693	415	30	form	form	VERB
cblr-1693	415	31	19b-4	19b-4	NOUN
cblr-1693	415	32	applicable	applicable	ADJ
cblr-1693	415	33	to	to	ADP
cblr-1693	415	34	all	all	DET
cblr-1693	415	35	selfregulatory	selfregulatory	ADJ
cblr-1693	415	36	organizations	organization	NOUN
cblr-1693	415	37	,	,	PUNCT
cblr-1693	415	38	77	77	NUM
cblr-1693	415	39	fed	fed	PROPN
cblr-1693	415	40	.	.	PUNCT
cblr-1693	416	1	reg	reg	PROPN
cblr-1693	416	2	.	.	PUNCT
cblr-1693	417	1	41,602	41,602	NUM
cblr-1693	417	2	(	(	PUNCT
cblr-1693	417	3	july	july	PROPN
cblr-1693	417	4	13	13	NUM
cblr-1693	417	5	,	,	PUNCT
cblr-1693	417	6	2012	2012	NUM
cblr-1693	417	7	)	)	PUNCT
cblr-1693	417	8	.	.	PUNCT
cblr-1693	418	1	94	94	NUM
cblr-1693	418	2	see	see	VERB
cblr-1693	418	3	statement	statement	NOUN
cblr-1693	418	4	of	of	ADP
cblr-1693	418	5	general	general	ADJ
cblr-1693	418	6	policy	policy	NOUN
cblr-1693	418	7	on	on	ADP
cblr-1693	418	8	the	the	DET
cblr-1693	418	9	sequencing	sequencing	NOUN
cblr-1693	418	10	of	of	ADP
cblr-1693	418	11	the	the	DET
cblr-1693	418	12	compliance	compliance	NOUN
cblr-1693	418	13	dates	date	VERB
cblr-1693	418	14	for	for	ADP
cblr-1693	418	15	final	final	ADJ
cblr-1693	418	16	rules	rule	NOUN
cblr-1693	418	17	applicable	applicable	ADJ
cblr-1693	418	18	to	to	ADP
cblr-1693	418	19	security	security	NOUN
cblr-1693	418	20	-	-	PUNCT
cblr-1693	418	21	based	base	VERB
cblr-1693	418	22	swaps	swap	NOUN
cblr-1693	418	23	adopted	adopt	VERB
cblr-1693	418	24	pursuant	pursuant	ADV
cblr-1693	418	25	to	to	ADP
cblr-1693	418	26	the	the	DET
cblr-1693	418	27	securities	securities	PROPN
cblr-1693	418	28	exchange	exchange	PROPN
cblr-1693	418	29	act	act	NOUN
cblr-1693	418	30	of	of	ADP
cblr-1693	418	31	1934	1934	NUM
cblr-1693	418	32	and	and	CCONJ
cblr-1693	418	33	the	the	DET
cblr-1693	418	34	doddfrank	doddfrank	PROPN
cblr-1693	418	35	wall	wall	PROPN
cblr-1693	418	36	street	street	PROPN
cblr-1693	418	37	reform	reform	PROPN
cblr-1693	418	38	and	and	CCONJ
cblr-1693	418	39	consumer	consumer	NOUN
cblr-1693	418	40	protection	protection	PROPN
cblr-1693	418	41	act	act	PROPN
cblr-1693	418	42	,	,	PUNCT
cblr-1693	418	43	77	77	NUM
cblr-1693	418	44	fed	fed	PROPN
cblr-1693	418	45	.	.	PUNCT
cblr-1693	419	1	reg	reg	PROPN
cblr-1693	419	2	.	.	PUNCT
cblr-1693	420	1	at	at	ADP
cblr-1693	420	2	35,634–36	35,634–36	NUM
cblr-1693	420	3	.	.	PUNCT
cblr-1693	421	1	95	95	NUM
cblr-1693	421	2	see	see	VERB
cblr-1693	421	3	hammar	hammar	PROPN
cblr-1693	421	4	et	et	PROPN
cblr-1693	421	5	al	al	PROPN
cblr-1693	421	6	.	.	PROPN
cblr-1693	421	7	,	,	PUNCT
cblr-1693	421	8	supra	supra	PROPN
cblr-1693	421	9	note	note	PROPN
cblr-1693	421	10	90	90	NUM
cblr-1693	421	11	,	,	PUNCT
cblr-1693	421	12	at	at	ADP
cblr-1693	421	13	77	77	NUM
cblr-1693	421	14	;	;	PUNCT
cblr-1693	421	15	see	see	VERB
cblr-1693	421	16	also	also	ADV
cblr-1693	421	17	joanna	joanna	PROPN
cblr-1693	421	18	wright	wright	PROPN
cblr-1693	421	19	,	,	PUNCT
cblr-1693	421	20	sec	sec	PROPN
cblr-1693	421	21	finally	finally	ADV
cblr-1693	421	22	moves	move	VERB
cblr-1693	421	23	forward	forward	ADV
cblr-1693	421	24	on	on	ADP
cblr-1693	421	25	single	single	ADJ
cblr-1693	421	26	-	-	PUNCT
cblr-1693	421	27	name	name	NOUN
cblr-1693	421	28	cds	cd	NOUN
cblr-1693	421	29	dealer	dealer	NOUN
cblr-1693	421	30	rules	rule	NOUN
cblr-1693	421	31	,	,	PUNCT
cblr-1693	421	32	risk.net	risk.net	X
cblr-1693	421	33	(	(	PUNCT
cblr-1693	421	34	oct	oct	PROPN
cblr-1693	421	35	.	.	PROPN
cblr-1693	421	36	8	8	NUM
cblr-1693	421	37	,	,	PUNCT
cblr-1693	421	38	2018	2018	NUM
cblr-1693	421	39	)	)	PUNCT
cblr-1693	421	40	,	,	PUNCT
cblr-1693	421	41	https://www.risk.net/regulation/6007591/sec-finally-movesforward-on-single-name-cds-dealer-rules	https://www.risk.net/regulation/6007591/sec-finally-movesforward-on-single-name-cds-dealer-rule	NOUN
cblr-1693	422	1	[	[	X
cblr-1693	422	2	https://perma.cc/3c8c-ww5n	https://perma.cc/3c8c-ww5n	X
cblr-1693	422	3	]	]	PUNCT
cblr-1693	422	4	(	(	PUNCT
cblr-1693	422	5	noting	note	VERB
cblr-1693	422	6	that	that	SCONJ
cblr-1693	422	7	while	while	SCONJ
cblr-1693	422	8	the	the	DET
cblr-1693	422	9	sec	sec	PROPN
cblr-1693	422	10	is	be	AUX
cblr-1693	422	11	working	work	VERB
cblr-1693	422	12	towards	towards	ADP
cblr-1693	422	13	finalization	finalization	NOUN
cblr-1693	422	14	of	of	ADP
cblr-1693	422	15	other	other	ADJ
cblr-1693	422	16	title	title	NOUN
cblr-1693	422	17	vii	vii	PROPN
cblr-1693	422	18	rules	rule	NOUN
cblr-1693	422	19	,	,	PUNCT
cblr-1693	422	20	commissioner	commissioner	PROPN
cblr-1693	422	21	hester	hester	PROPN
cblr-1693	422	22	peirce	peirce	PROPN
cblr-1693	422	23	,	,	PUNCT
cblr-1693	422	24	when	when	SCONJ
cblr-1693	422	25	asked	ask	VERB
cblr-1693	422	26	about	about	ADP
cblr-1693	422	27	“	"	PUNCT
cblr-1693	422	28	a	a	DET
cblr-1693	422	29	rule	rule	NOUN
cblr-1693	422	30	for	for	ADP
cblr-1693	422	31	mandatory	mandatory	ADJ
cblr-1693	422	32	clearing	clearing	NOUN
cblr-1693	422	33	of	of	ADP
cblr-1693	422	34	single	single	ADJ
cblr-1693	422	35	-	-	PUNCT
cblr-1693	422	36	name	name	NOUN
cblr-1693	422	37	credit	credit	NOUN
cblr-1693	422	38	-	-	PUNCT
cblr-1693	422	39	default	default	NOUN
cblr-1693	422	40	swap	swap	NOUN
cblr-1693	422	41	products	product	NOUN
cblr-1693	422	42	,	,	PUNCT
cblr-1693	422	43	pierce	pierce	PROPN
cblr-1693	422	44	said	say	VERB
cblr-1693	422	45	only	only	ADV
cblr-1693	422	46	that	that	SCONJ
cblr-1693	422	47	the	the	DET
cblr-1693	422	48	sec	sec	PROPN
cblr-1693	422	49	has	have	AUX
cblr-1693	422	50	not	not	PART
cblr-1693	422	51	yet	yet	ADV
cblr-1693	422	52	proposed	propose	VERB
cblr-1693	422	53	such	such	DET
cblr-1693	422	54	a	a	DET
cblr-1693	422	55	rule	rule	NOUN
cblr-1693	422	56	”	"	PUNCT
cblr-1693	422	57	)	)	PUNCT
cblr-1693	422	58	.	.	PUNCT
cblr-1693	423	1	96	96	NUM
cblr-1693	423	2	hammar	hammar	PROPN
cblr-1693	423	3	et	et	PROPN
cblr-1693	423	4	al	al	PROPN
cblr-1693	423	5	.	.	PROPN
cblr-1693	423	6	,	,	PUNCT
cblr-1693	423	7	supra	supra	PROPN
cblr-1693	423	8	note	note	PROPN
cblr-1693	423	9	90	90	NUM
cblr-1693	423	10	,	,	PUNCT
cblr-1693	423	11	at	at	ADP
cblr-1693	423	12	78	78	NUM
cblr-1693	423	13	.	.	PUNCT
cblr-1693	424	1	97	97	NUM
cblr-1693	424	2	see	see	VERB
cblr-1693	424	3	further	further	ADJ
cblr-1693	424	4	definition	definition	NOUN
cblr-1693	424	5	of	of	ADP
cblr-1693	424	6	“	"	PUNCT
cblr-1693	424	7	swap	swap	NOUN
cblr-1693	424	8	,	,	PUNCT
cblr-1693	424	9	”	"	PUNCT
cblr-1693	424	10	“	"	PUNCT
cblr-1693	424	11	security	security	NOUN
cblr-1693	424	12	-	-	PUNCT
cblr-1693	424	13	based	base	VERB
cblr-1693	424	14	swap	swap	NOUN
cblr-1693	424	15	,	,	PUNCT
cblr-1693	424	16	”	"	PUNCT
cblr-1693	424	17	and	and	CCONJ
cblr-1693	424	18	“	"	PUNCT
cblr-1693	424	19	security	security	NOUN
cblr-1693	424	20	-	-	PUNCT
cblr-1693	424	21	based	base	VERB
cblr-1693	424	22	swap	swap	NOUN
cblr-1693	424	23	agreement	agreement	NOUN
cblr-1693	424	24	”	"	PUNCT
cblr-1693	424	25	;	;	PUNCT
cblr-1693	424	26	mixed	mixed	ADJ
cblr-1693	424	27	swaps	swap	NOUN
cblr-1693	424	28	;	;	PUNCT
cblr-1693	424	29	security	security	NOUN
cblr-1693	424	30	-	-	PUNCT
cblr-1693	424	31	based	base	VERB
cblr-1693	424	32	swap	swap	NOUN
cblr-1693	424	33	agreement	agreement	NOUN
cblr-1693	424	34	recordkeeping	recordkeeping	NOUN
cblr-1693	424	35	,	,	PUNCT
cblr-1693	424	36	77	77	NUM
cblr-1693	424	37	fed	fed	PROPN
cblr-1693	424	38	.	.	PUNCT
cblr-1693	425	1	reg	reg	PROPN
cblr-1693	425	2	.	.	PUNCT
cblr-1693	426	1	48,208	48,208	NUM
cblr-1693	426	2	,	,	PUNCT
cblr-1693	426	3	48,308	48,308	NUM
cblr-1693	426	4	(	(	PUNCT
cblr-1693	426	5	aug	aug	PROPN
cblr-1693	426	6	.	.	PROPN
cblr-1693	426	7	13	13	NUM
cblr-1693	426	8	,	,	PUNCT
cblr-1693	426	9	2012	2012	NUM
cblr-1693	426	10	)	)	PUNCT
cblr-1693	426	11	(	(	PUNCT
cblr-1693	426	12	to	to	ADP
cblr-1693	426	13	276	276	NUM
cblr-1693	426	14	columbia	columbia	PROPN
cblr-1693	426	15	business	business	NOUN
cblr-1693	426	16	law	law	PROPN
cblr-1693	426	17	review	review	NOUN
cblr-1693	426	18	[	[	X
cblr-1693	426	19	vol	vol	NOUN
cblr-1693	426	20	.	.	NOUN
cblr-1693	426	21	2019	2019	NUM
cblr-1693	426	22	including	include	VERB
cblr-1693	426	23	jurisdiction	jurisdiction	NOUN
cblr-1693	426	24	over	over	ADP
cblr-1693	426	25	a	a	DET
cblr-1693	426	26	product	product	NOUN
cblr-1693	426	27	type	type	NOUN
cblr-1693	426	28	under	under	ADP
cblr-1693	426	29	a	a	DET
cblr-1693	426	30	significant	significant	ADJ
cblr-1693	426	31	amount	amount	NOUN
cblr-1693	426	32	of	of	ADP
cblr-1693	426	33	political	political	ADJ
cblr-1693	426	34	scrutiny	scrutiny	NOUN
cblr-1693	426	35	,	,	PUNCT
cblr-1693	426	36	the	the	DET
cblr-1693	426	37	agency	agency	NOUN
cblr-1693	426	38	moved	move	VERB
cblr-1693	426	39	quickly	quickly	ADV
cblr-1693	426	40	to	to	PART
cblr-1693	426	41	implement	implement	VERB
cblr-1693	426	42	its	its	PRON
cblr-1693	426	43	response.98	response.98	NOUN
cblr-1693	426	44	in	in	ADP
cblr-1693	426	45	2011	2011	NUM
cblr-1693	426	46	,	,	PUNCT
cblr-1693	426	47	the	the	DET
cblr-1693	426	48	cftc	cftc	PROPN
cblr-1693	426	49	promulgated	promulgate	VERB
cblr-1693	426	50	the	the	DET
cblr-1693	426	51	cftc	cftc	PROPN
cblr-1693	426	52	process	process	NOUN
cblr-1693	426	53	rule	rule	NOUN
cblr-1693	426	54	,	,	PUNCT
cblr-1693	426	55	establishing	establish	VERB
cblr-1693	426	56	operational	operational	ADJ
cblr-1693	426	57	processes	process	NOUN
cblr-1693	426	58	for	for	ADP
cblr-1693	426	59	swap	swap	NOUN
cblr-1693	426	60	submissions	submission	NOUN
cblr-1693	426	61	and	and	CCONJ
cblr-1693	426	62	the	the	DET
cblr-1693	426	63	cftc	cftc	PROPN
cblr-1693	426	64	’s	’s	PART
cblr-1693	426	65	factors	factor	NOUN
cblr-1693	426	66	for	for	ADP
cblr-1693	426	67	determining	determine	VERB
cblr-1693	426	68	whether	whether	SCONJ
cblr-1693	426	69	swaps	swap	NOUN
cblr-1693	426	70	should	should	AUX
cblr-1693	426	71	be	be	AUX
cblr-1693	426	72	subject	subject	ADJ
cblr-1693	426	73	to	to	ADP
cblr-1693	426	74	a	a	DET
cblr-1693	426	75	central	central	ADJ
cblr-1693	426	76	clearing	clearing	NOUN
cblr-1693	426	77	requirement.99	requirement.99	NOUN
cblr-1693	426	78	under	under	ADP
cblr-1693	426	79	this	this	DET
cblr-1693	426	80	rule	rule	NOUN
cblr-1693	426	81	,	,	PUNCT
cblr-1693	426	82	swap	swap	NOUN
cblr-1693	426	83	submissions	submission	NOUN
cblr-1693	426	84	:	:	PUNCT
cblr-1693	426	85	(	(	PUNCT
cblr-1693	426	86	1	1	X
cblr-1693	426	87	)	)	PUNCT
cblr-1693	426	88	are	be	AUX
cblr-1693	426	89	made	make	VERB
cblr-1693	426	90	by	by	ADP
cblr-1693	426	91	any	any	DET
cblr-1693	426	92	derivatives	derivative	NOUN
cblr-1693	426	93	clearing	clearing	NOUN
cblr-1693	426	94	organization	organization	NOUN
cblr-1693	426	95	that	that	PRON
cblr-1693	426	96	plans	plan	VERB
cblr-1693	426	97	to	to	PART
cblr-1693	426	98	accept	accept	VERB
cblr-1693	426	99	the	the	DET
cblr-1693	426	100	product	product	NOUN
cblr-1693	426	101	for	for	ADP
cblr-1693	426	102	clearing	clearing	NOUN
cblr-1693	426	103	;	;	PUNCT
cblr-1693	426	104	and	and	CCONJ
cblr-1693	426	105	(	(	PUNCT
cblr-1693	426	106	2	2	X
cblr-1693	426	107	)	)	PUNCT
cblr-1693	426	108	must	must	AUX
cblr-1693	426	109	include	include	VERB
cblr-1693	426	110	information	information	NOUN
cblr-1693	426	111	that	that	PRON
cblr-1693	426	112	will	will	AUX
cblr-1693	426	113	enable	enable	VERB
cblr-1693	426	114	the	the	DET
cblr-1693	426	115	cftc	cftc	PROPN
cblr-1693	426	116	to	to	PART
cblr-1693	426	117	evaluate	evaluate	VERB
cblr-1693	426	118	the	the	DET
cblr-1693	426	119	five	five	NUM
cblr-1693	426	120	dodd	dodd	PROPN
cblr-1693	426	121	-	-	PUNCT
cblr-1693	426	122	frank	frank	ADJ
cblr-1693	426	123	criteria	criterion	NOUN
cblr-1693	426	124	for	for	ADP
cblr-1693	426	125	mandatory	mandatory	ADJ
cblr-1693	426	126	clearing.100	clearing.100	NOUN
cblr-1693	426	127	the	the	DET
cblr-1693	426	128	cftc	cftc	PROPN
cblr-1693	426	129	makes	make	VERB
cblr-1693	426	130	each	each	DET
cblr-1693	426	131	submission	submission	NOUN
cblr-1693	426	132	publicly	publicly	ADV
cblr-1693	426	133	available	available	ADJ
cblr-1693	426	134	for	for	ADP
cblr-1693	426	135	comment	comment	NOUN
cblr-1693	426	136	and	and	CCONJ
cblr-1693	426	137	reviews	review	VERB
cblr-1693	426	138	the	the	DET
cblr-1693	426	139	submission	submission	NOUN
cblr-1693	426	140	and	and	CCONJ
cblr-1693	426	141	comments	comment	NOUN
cblr-1693	426	142	thereon.101	thereon.101	PROPN
cblr-1693	426	143	the	the	DET
cblr-1693	426	144	cftc	cftc	PROPN
cblr-1693	426	145	then	then	ADV
cblr-1693	426	146	makes	make	VERB
cblr-1693	426	147	a	a	DET
cblr-1693	426	148	mandatory	mandatory	ADJ
cblr-1693	426	149	clearing	clearing	NOUN
cblr-1693	426	150	determination	determination	NOUN
cblr-1693	426	151	within	within	ADP
cblr-1693	426	152	ninety	ninety	NUM
cblr-1693	426	153	days	day	NOUN
cblr-1693	426	154	of	of	ADP
cblr-1693	426	155	the	the	DET
cblr-1693	426	156	submission.102	submission.102	ADP
cblr-1693	426	157	the	the	DET
cblr-1693	426	158	cftc	cftc	PROPN
cblr-1693	426	159	process	process	NOUN
cblr-1693	426	160	rule	rule	NOUN
cblr-1693	426	161	also	also	ADV
cblr-1693	426	162	provides	provide	VERB
cblr-1693	426	163	procedures	procedure	NOUN
cblr-1693	426	164	for	for	ADP
cblr-1693	426	165	topdown	topdown	ADJ
cblr-1693	426	166	review.103	review.103	PROPN
cblr-1693	426	167	commission	commission	NOUN
cblr-1693	426	168	-	-	PUNCT
cblr-1693	426	169	initiated	initiate	VERB
cblr-1693	426	170	review	review	NOUN
cblr-1693	426	171	occurs	occur	VERB
cblr-1693	426	172	on	on	ADP
cblr-1693	426	173	an	an	DET
cblr-1693	426	174	ongoing	ongoing	ADJ
cblr-1693	426	175	basis	basis	NOUN
cblr-1693	426	176	for	for	ADP
cblr-1693	426	177	“	"	PUNCT
cblr-1693	426	178	swaps	swap	NOUN
cblr-1693	426	179	that	that	PRON
cblr-1693	426	180	have	have	AUX
cblr-1693	426	181	not	not	PART
cblr-1693	426	182	been	be	AUX
cblr-1693	426	183	accepted	accept	VERB
cblr-1693	426	184	for	for	ADP
cblr-1693	426	185	clearing	clearing	NOUN
cblr-1693	426	186	by	by	ADP
cblr-1693	426	187	a	a	DET
cblr-1693	426	188	derivatives	derivative	NOUN
cblr-1693	426	189	clearing	clearing	NOUN
cblr-1693	426	190	organization	organization	NOUN
cblr-1693	426	191	”	"	PUNCT
cblr-1693	426	192	to	to	PART
cblr-1693	426	193	determine	determine	VERB
cblr-1693	426	194	whether	whether	SCONJ
cblr-1693	426	195	they	they	PRON
cblr-1693	426	196	should	should	AUX
cblr-1693	426	197	be	be	AUX
cblr-1693	426	198	subject	subject	ADJ
cblr-1693	426	199	to	to	ADP
cblr-1693	426	200	required	require	VERB
cblr-1693	426	201	clearing.104	clearing.104	NOUN
cblr-1693	426	202	this	this	DET
cblr-1693	426	203	review	review	NOUN
cblr-1693	426	204	looks	look	VERB
cblr-1693	426	205	to	to	ADP
cblr-1693	426	206	information	information	NOUN
cblr-1693	426	207	acquired	acquire	VERB
cblr-1693	426	208	from	from	ADP
cblr-1693	426	209	swap	swap	NOUN
cblr-1693	426	210	data	datum	NOUN
cblr-1693	426	211	be	be	AUX
cblr-1693	426	212	codified	codify	VERB
cblr-1693	426	213	at	at	ADP
cblr-1693	426	214	17	17	NUM
cblr-1693	426	215	c.f.r	c.f.r	NOUN
cblr-1693	426	216	.	.	PUNCT
cblr-1693	427	1	pt	pt	PROPN
cblr-1693	427	2	.	.	PROPN
cblr-1693	427	3	1	1	NUM
cblr-1693	427	4	)	)	PUNCT
cblr-1693	427	5	;	;	PUNCT
cblr-1693	427	6	cftc	cftc	PROPN
cblr-1693	427	7	clearing	clearing	NOUN
cblr-1693	427	8	requirement	requirement	NOUN
cblr-1693	427	9	determination	determination	NOUN
cblr-1693	427	10	under	under	ADP
cblr-1693	427	11	section	section	NOUN
cblr-1693	427	12	2(h	2(h	NUM
cblr-1693	427	13	)	)	PUNCT
cblr-1693	427	14	of	of	ADP
cblr-1693	427	15	the	the	DET
cblr-1693	427	16	cea	cea	PROPN
cblr-1693	427	17	,	,	PUNCT
cblr-1693	427	18	77	77	NUM
cblr-1693	427	19	fed	fed	PROPN
cblr-1693	427	20	.	.	PUNCT
cblr-1693	428	1	reg	reg	PROPN
cblr-1693	428	2	.	.	PUNCT
cblr-1693	429	1	74,284	74,284	NUM
cblr-1693	429	2	,	,	PUNCT
cblr-1693	429	3	74,287	74,287	NUM
cblr-1693	429	4	(	(	PUNCT
cblr-1693	429	5	dec	dec	PROPN
cblr-1693	429	6	.	.	PROPN
cblr-1693	429	7	13	13	NUM
cblr-1693	429	8	,	,	PUNCT
cblr-1693	429	9	2012	2012	NUM
cblr-1693	429	10	)	)	PUNCT
cblr-1693	429	11	(	(	PUNCT
cblr-1693	429	12	to	to	PART
cblr-1693	429	13	be	be	AUX
cblr-1693	429	14	codified	codify	VERB
cblr-1693	429	15	at	at	ADP
cblr-1693	429	16	17	17	NUM
cblr-1693	429	17	c.f.r	c.f.r	NOUN
cblr-1693	429	18	.	.	PUNCT
cblr-1693	430	1	pts	pts	PROPN
cblr-1693	430	2	.	.	PROPN
cblr-1693	430	3	39	39	NUM
cblr-1693	430	4	,	,	PUNCT
cblr-1693	430	5	50	50	NUM
cblr-1693	430	6	)	)	PUNCT
cblr-1693	430	7	.	.	PUNCT
cblr-1693	431	1	98	98	NUM
cblr-1693	431	2	see	see	VERB
cblr-1693	431	3	hammar	hammar	PROPN
cblr-1693	431	4	et	et	PROPN
cblr-1693	431	5	al	al	PROPN
cblr-1693	431	6	.	.	PROPN
cblr-1693	431	7	,	,	PUNCT
cblr-1693	431	8	supra	supra	PROPN
cblr-1693	431	9	note	note	PROPN
cblr-1693	431	10	90	90	NUM
cblr-1693	431	11	,	,	PUNCT
cblr-1693	431	12	at	at	ADP
cblr-1693	431	13	81	81	NUM
cblr-1693	431	14	.	.	PUNCT
cblr-1693	432	1	99	99	NUM
cblr-1693	432	2	see	see	NOUN
cblr-1693	432	3	process	process	NOUN
cblr-1693	432	4	for	for	ADP
cblr-1693	432	5	review	review	NOUN
cblr-1693	432	6	of	of	ADP
cblr-1693	432	7	swaps	swap	NOUN
cblr-1693	432	8	for	for	ADP
cblr-1693	432	9	mandatory	mandatory	ADJ
cblr-1693	432	10	clearing	clearing	NOUN
cblr-1693	432	11	,	,	PUNCT
cblr-1693	432	12	76	76	NUM
cblr-1693	432	13	fed	fed	PROPN
cblr-1693	432	14	.	.	PUNCT
cblr-1693	433	1	reg	reg	PROPN
cblr-1693	433	2	.	.	PUNCT
cblr-1693	434	1	44,464	44,464	NUM
cblr-1693	434	2	(	(	PUNCT
cblr-1693	434	3	july	july	PROPN
cblr-1693	434	4	26	26	NUM
cblr-1693	434	5	,	,	PUNCT
cblr-1693	434	6	2011	2011	NUM
cblr-1693	434	7	)	)	PUNCT
cblr-1693	435	1	(	(	PUNCT
cblr-1693	435	2	to	to	PART
cblr-1693	435	3	be	be	AUX
cblr-1693	435	4	codified	codify	VERB
cblr-1693	435	5	at	at	ADP
cblr-1693	435	6	17	17	NUM
cblr-1693	435	7	c.f.r	c.f.r	NOUN
cblr-1693	435	8	.	.	PUNCT
cblr-1693	436	1	pts	pts	PROPN
cblr-1693	436	2	.	.	PROPN
cblr-1693	436	3	39	39	NUM
cblr-1693	436	4	,	,	PUNCT
cblr-1693	436	5	140	140	NUM
cblr-1693	436	6	)	)	PUNCT
cblr-1693	436	7	.	.	PUNCT
cblr-1693	437	1	100	100	NUM
cblr-1693	437	2	see	see	VERB
cblr-1693	437	3	17	17	NUM
cblr-1693	437	4	c.f.r	c.f.r	NOUN
cblr-1693	437	5	.	.	PUNCT
cblr-1693	438	1	§	§	PROPN
cblr-1693	438	2	39.5(b)(3)(ii	39.5(b)(3)(ii	NUM
cblr-1693	438	3	)	)	PUNCT
cblr-1693	438	4	(	(	PUNCT
cblr-1693	438	5	2018	2018	NUM
cblr-1693	438	6	)	)	PUNCT
cblr-1693	438	7	(	(	PUNCT
cblr-1693	438	8	“	"	PUNCT
cblr-1693	438	9	the	the	DET
cblr-1693	438	10	submission	submission	NOUN
cblr-1693	438	11	.	.	PUNCT
cblr-1693	438	12	.	.	PUNCT
cblr-1693	439	1	.	.	PUNCT
cblr-1693	440	1	shall	shall	AUX
cblr-1693	440	2	include	include	VERB
cblr-1693	440	3	.	.	PUNCT
cblr-1693	440	4	.	.	PUNCT
cblr-1693	440	5	.	.	PUNCT
cblr-1693	441	1	[	[	X
cblr-1693	441	2	a	a	X
cblr-1693	441	3	]	]	X
cblr-1693	441	4	statement	statement	NOUN
cblr-1693	441	5	that	that	PRON
cblr-1693	441	6	includes	include	VERB
cblr-1693	441	7	,	,	PUNCT
cblr-1693	441	8	but	but	CCONJ
cblr-1693	441	9	is	be	AUX
cblr-1693	441	10	not	not	PART
cblr-1693	441	11	limited	limit	VERB
cblr-1693	441	12	to	to	ADP
cblr-1693	441	13	,	,	PUNCT
cblr-1693	441	14	information	information	NOUN
cblr-1693	441	15	that	that	PRON
cblr-1693	441	16	will	will	AUX
cblr-1693	441	17	assist	assist	VERB
cblr-1693	441	18	the	the	DET
cblr-1693	441	19	[	[	X
cblr-1693	441	20	cftc	cftc	X
cblr-1693	441	21	]	]	PUNCT
cblr-1693	441	22	in	in	ADP
cblr-1693	441	23	making	make	VERB
cblr-1693	441	24	a	a	DET
cblr-1693	441	25	quantitative	quantitative	ADJ
cblr-1693	441	26	and	and	CCONJ
cblr-1693	441	27	qualitative	qualitative	ADJ
cblr-1693	441	28	assessment	assessment	NOUN
cblr-1693	441	29	of	of	ADP
cblr-1693	441	30	the	the	DET
cblr-1693	441	31	following	follow	VERB
cblr-1693	441	32	factors	factor	NOUN
cblr-1693	441	33	.	.	PUNCT
cblr-1693	441	34	.	.	PUNCT
cblr-1693	441	35	.	.	PUNCT
cblr-1693	441	36	.	.	PUNCT
cblr-1693	441	37	”	"	PUNCT
cblr-1693	441	38	)	)	PUNCT
cblr-1693	441	39	;	;	PUNCT
cblr-1693	441	40	see	see	VERB
cblr-1693	441	41	also	also	ADV
cblr-1693	441	42	7	7	NUM
cblr-1693	441	43	u.s.c	u.s.c	ADJ
cblr-1693	441	44	.	.	PUNCT
cblr-1693	442	1	§	§	PROPN
cblr-1693	442	2	2(h)(2)(d)(ii	2(h)(2)(d)(ii	NUM
cblr-1693	442	3	)	)	PUNCT
cblr-1693	442	4	(	(	PUNCT
cblr-1693	442	5	2012	2012	NUM
cblr-1693	442	6	)	)	PUNCT
cblr-1693	442	7	(	(	PUNCT
cblr-1693	442	8	containing	contain	VERB
cblr-1693	442	9	the	the	DET
cblr-1693	442	10	five	five	NUM
cblr-1693	442	11	criteria	criterion	NOUN
cblr-1693	442	12	for	for	ADP
cblr-1693	442	13	review	review	NOUN
cblr-1693	442	14	)	)	PUNCT
cblr-1693	442	15	.	.	PUNCT
cblr-1693	443	1	101	101	NUM
cblr-1693	443	2	see	see	VERB
cblr-1693	443	3	i	i	PROPN
cblr-1693	443	4	d.	d.	PROPN
cblr-1693	443	5	§	§	PROPN
cblr-1693	443	6	39.5(b)(5	39.5(b)(5	NUM
cblr-1693	443	7	)	)	PUNCT
cblr-1693	443	8	(	(	PUNCT
cblr-1693	443	9	“	"	PUNCT
cblr-1693	443	10	the	the	DET
cblr-1693	443	11	submission	submission	NOUN
cblr-1693	443	12	will	will	AUX
cblr-1693	443	13	be	be	AUX
cblr-1693	443	14	made	make	VERB
cblr-1693	443	15	available	available	ADJ
cblr-1693	443	16	to	to	ADP
cblr-1693	443	17	the	the	DET
cblr-1693	443	18	public	public	NOUN
cblr-1693	443	19	and	and	CCONJ
cblr-1693	443	20	posted	post	VERB
cblr-1693	443	21	on	on	ADP
cblr-1693	443	22	the	the	DET
cblr-1693	443	23	[	[	X
cblr-1693	443	24	cftc	cftc	PROPN
cblr-1693	443	25	]	]	PUNCT
cblr-1693	443	26	web	web	NOUN
cblr-1693	443	27	site	site	NOUN
cblr-1693	443	28	for	for	ADP
cblr-1693	443	29	a	a	DET
cblr-1693	443	30	30	30	NUM
cblr-1693	443	31	-	-	PUNCT
cblr-1693	443	32	day	day	NOUN
cblr-1693	443	33	public	public	ADJ
cblr-1693	443	34	comment	comment	NOUN
cblr-1693	443	35	period	period	NOUN
cblr-1693	443	36	.	.	PUNCT
cblr-1693	443	37	”	"	PUNCT
cblr-1693	443	38	)	)	PUNCT
cblr-1693	443	39	.	.	PUNCT
cblr-1693	444	1	102	102	NUM
cblr-1693	444	2	see	see	VERB
cblr-1693	444	3	i	i	PRON
cblr-1693	444	4	d.	d.	PROPN
cblr-1693	444	5	§	§	PROPN
cblr-1693	444	6	39.5(b)(6	39.5(b)(6	NUM
cblr-1693	444	7	)	)	PUNCT
cblr-1693	444	8	(	(	PUNCT
cblr-1693	444	9	“	"	PUNCT
cblr-1693	444	10	the	the	DET
cblr-1693	444	11	[	[	X
cblr-1693	444	12	cftc	cftc	X
cblr-1693	444	13	]	]	PUNCT
cblr-1693	444	14	will	will	AUX
cblr-1693	444	15	make	make	VERB
cblr-1693	444	16	its	its	PRON
cblr-1693	444	17	determination	determination	NOUN
cblr-1693	444	18	not	not	PART
cblr-1693	444	19	later	later	ADV
cblr-1693	444	20	than	than	ADP
cblr-1693	444	21	90	90	NUM
cblr-1693	444	22	days	day	NOUN
cblr-1693	444	23	after	after	SCONJ
cblr-1693	444	24	a	a	DET
cblr-1693	444	25	complete	complete	ADJ
cblr-1693	444	26	submission	submission	NOUN
cblr-1693	444	27	has	have	AUX
cblr-1693	444	28	been	be	AUX
cblr-1693	444	29	received	receive	VERB
cblr-1693	444	30	,	,	PUNCT
cblr-1693	444	31	unless	unless	SCONJ
cblr-1693	444	32	the	the	DET
cblr-1693	444	33	submitting	submit	VERB
cblr-1693	444	34	derivatives	derivative	NOUN
cblr-1693	444	35	clearing	clearing	NOUN
cblr-1693	444	36	organization	organization	NOUN
cblr-1693	444	37	agrees	agree	VERB
cblr-1693	444	38	to	to	ADP
cblr-1693	444	39	an	an	DET
cblr-1693	444	40	extension	extension	NOUN
cblr-1693	444	41	.	.	PUNCT
cblr-1693	444	42	”	"	PUNCT
cblr-1693	444	43	)	)	PUNCT
cblr-1693	444	44	.	.	PUNCT
cblr-1693	445	1	103	103	NUM
cblr-1693	445	2	see	see	VERB
cblr-1693	445	3	i	i	PROPN
cblr-1693	445	4	d.	d.	PROPN
cblr-1693	445	5	§	§	PROPN
cblr-1693	445	6	39.5(c	39.5(c	NUM
cblr-1693	445	7	)	)	PUNCT
cblr-1693	445	8	.	.	PUNCT
cblr-1693	446	1	104	104	NUM
cblr-1693	446	2	see	see	VERB
cblr-1693	446	3	i	i	PRON
cblr-1693	446	4	d.	d.	PROPN
cblr-1693	446	5	§	§	PROPN
cblr-1693	446	6	39.5(c)(1	39.5(c)(1	NUM
cblr-1693	446	7	)	)	PUNCT
cblr-1693	446	8	.	.	PUNCT
cblr-1693	447	1	no	no	INTJ
cblr-1693	447	2	.	.	PUNCT
cblr-1693	448	1	1:252	1:252	NUM
cblr-1693	448	2	]	]	X
cblr-1693	448	3	to	to	PART
cblr-1693	448	4	clear	clear	ADJ
cblr-1693	448	5	or	or	CCONJ
cblr-1693	448	6	not	not	PART
cblr-1693	448	7	to	to	PART
cblr-1693	448	8	clear	clear	VERB
cblr-1693	448	9	277	277	NUM
cblr-1693	448	10	repositories	repository	NOUN
cblr-1693	448	11	,	,	PUNCT
cblr-1693	448	12	swap	swap	NOUN
cblr-1693	448	13	dealers	dealer	NOUN
cblr-1693	448	14	,	,	PUNCT
cblr-1693	448	15	and	and	CCONJ
cblr-1693	448	16	other	other	ADJ
cblr-1693	448	17	entities	entity	NOUN
cblr-1693	448	18	involved	involve	VERB
cblr-1693	448	19	in	in	ADP
cblr-1693	448	20	the	the	DET
cblr-1693	448	21	market.105	market.105	NOUN
cblr-1693	448	22	while	while	SCONJ
cblr-1693	448	23	the	the	DET
cblr-1693	448	24	rule	rule	NOUN
cblr-1693	448	25	does	do	AUX
cblr-1693	448	26	not	not	PART
cblr-1693	448	27	provide	provide	VERB
cblr-1693	448	28	any	any	DET
cblr-1693	448	29	timeframe	timeframe	NOUN
cblr-1693	448	30	for	for	ADP
cblr-1693	448	31	review	review	NOUN
cblr-1693	448	32	,	,	PUNCT
cblr-1693	448	33	it	it	PRON
cblr-1693	448	34	requires	require	VERB
cblr-1693	448	35	that	that	SCONJ
cblr-1693	448	36	any	any	DET
cblr-1693	448	37	determination	determination	NOUN
cblr-1693	448	38	made	make	VERB
cblr-1693	448	39	under	under	ADP
cblr-1693	448	40	commission	commission	NOUN
cblr-1693	448	41	-	-	PUNCT
cblr-1693	448	42	initiated	initiate	VERB
cblr-1693	448	43	review	review	NOUN
cblr-1693	448	44	be	be	AUX
cblr-1693	448	45	made	make	VERB
cblr-1693	448	46	public	public	ADJ
cblr-1693	448	47	and	and	CCONJ
cblr-1693	448	48	available	available	ADJ
cblr-1693	448	49	for	for	ADP
cblr-1693	448	50	comment.106	comment.106	NOUN
cblr-1693	448	51	after	after	ADP
cblr-1693	448	52	a	a	DET
cblr-1693	448	53	year	year	NOUN
cblr-1693	448	54	and	and	CCONJ
cblr-1693	448	55	a	a	DET
cblr-1693	448	56	half	half	NOUN
cblr-1693	448	57	,	,	PUNCT
cblr-1693	448	58	these	these	DET
cblr-1693	448	59	processes	process	NOUN
cblr-1693	448	60	resulted	result	VERB
cblr-1693	448	61	in	in	ADP
cblr-1693	448	62	the	the	DET
cblr-1693	448	63	initial	initial	ADJ
cblr-1693	448	64	cftc	cftc	PROPN
cblr-1693	448	65	clearing	clear	VERB
cblr-1693	448	66	mandate.107	mandate.107	NOUN
cblr-1693	448	67	this	this	DET
cblr-1693	448	68	rule	rule	NOUN
cblr-1693	448	69	requires	require	VERB
cblr-1693	448	70	central	central	ADJ
cblr-1693	448	71	clearing	clearing	NOUN
cblr-1693	448	72	for	for	ADP
cblr-1693	448	73	interest	interest	NOUN
cblr-1693	448	74	rate	rate	NOUN
cblr-1693	448	75	swaps	swap	NOUN
cblr-1693	448	76	and	and	CCONJ
cblr-1693	448	77	cdss	cdss	NOUN
cblr-1693	448	78	with	with	ADP
cblr-1693	448	79	certain	certain	ADJ
cblr-1693	448	80	specifications.108	specifications.108	NOUN
cblr-1693	448	81	derivative	derivative	ADJ
cblr-1693	448	82	clearinghouses	clearinghouse	NOUN
cblr-1693	448	83	voluntarily	voluntarily	ADV
cblr-1693	448	84	cleared	clear	VERB
cblr-1693	448	85	these	these	DET
cblr-1693	448	86	covered	cover	VERB
cblr-1693	448	87	products	product	NOUN
cblr-1693	448	88	prior	prior	ADV
cblr-1693	448	89	to	to	ADP
cblr-1693	448	90	the	the	DET
cblr-1693	448	91	rule	rule	NOUN
cblr-1693	448	92	,	,	PUNCT
cblr-1693	448	93	and	and	CCONJ
cblr-1693	448	94	,	,	PUNCT
cblr-1693	448	95	in	in	ADP
cblr-1693	448	96	fact	fact	NOUN
cblr-1693	448	97	,	,	PUNCT
cblr-1693	448	98	the	the	DET
cblr-1693	448	99	cftc	cftc	PROPN
cblr-1693	448	100	made	make	VERB
cblr-1693	448	101	its	its	PRON
cblr-1693	448	102	determinations	determination	NOUN
cblr-1693	448	103	based	base	VERB
cblr-1693	448	104	on	on	ADP
cblr-1693	448	105	submissions	submission	NOUN
cblr-1693	448	106	from	from	ADP
cblr-1693	448	107	derivative	derivative	ADJ
cblr-1693	448	108	clearing	clearing	NOUN
cblr-1693	448	109	organizations	organization	NOUN
cblr-1693	448	110	currently	currently	ADV
cblr-1693	448	111	clearing	clear	VERB
cblr-1693	448	112	those	those	PRON
cblr-1693	448	113	swaps.109	swaps.109	VERB
cblr-1693	448	114	the	the	DET
cblr-1693	448	115	cftc	cftc	PROPN
cblr-1693	448	116	chose	choose	VERB
cblr-1693	448	117	these	these	DET
cblr-1693	448	118	classes	class	NOUN
cblr-1693	448	119	in	in	ADP
cblr-1693	448	120	part	part	NOUN
cblr-1693	448	121	because	because	SCONJ
cblr-1693	448	122	the	the	DET
cblr-1693	448	123	new	new	ADJ
cblr-1693	448	124	obligation	obligation	NOUN
cblr-1693	448	125	would	would	AUX
cblr-1693	448	126	cover	cover	VERB
cblr-1693	448	127	a	a	DET
cblr-1693	448	128	significant	significant	ADJ
cblr-1693	448	129	portion	portion	NOUN
cblr-1693	448	130	of	of	ADP
cblr-1693	448	131	the	the	DET
cblr-1693	448	132	market	market	NOUN
cblr-1693	448	133	,	,	PUNCT
cblr-1693	448	134	but	but	CCONJ
cblr-1693	448	135	also	also	ADV
cblr-1693	448	136	“	"	PUNCT
cblr-1693	448	137	because	because	SCONJ
cblr-1693	448	138	these	these	DET
cblr-1693	448	139	swaps	swap	NOUN
cblr-1693	448	140	[	[	X
cblr-1693	448	141	were	be	AUX
cblr-1693	448	142	]	]	PUNCT
cblr-1693	448	143	currently	currently	ADV
cblr-1693	448	144	being	be	AUX
cblr-1693	448	145	cleared	clear	VERB
cblr-1693	448	146	,	,	PUNCT
cblr-1693	448	147	”	"	PUNCT
cblr-1693	448	148	so	so	CCONJ
cblr-1693	448	149	the	the	DET
cblr-1693	448	150	initial	initial	ADJ
cblr-1693	448	151	requirement	requirement	NOUN
cblr-1693	448	152	would	would	AUX
cblr-1693	448	153	not	not	PART
cblr-1693	448	154	disrupt	disrupt	VERB
cblr-1693	448	155	the	the	DET
cblr-1693	448	156	market	market	NOUN
cblr-1693	448	157	unnecessarily.110	unnecessarily.110	PROPN
cblr-1693	448	158	the	the	DET
cblr-1693	448	159	agency	agency	NOUN
cblr-1693	448	160	acknowledged	acknowledge	VERB
cblr-1693	448	161	,	,	PUNCT
cblr-1693	448	162	though	though	ADV
cblr-1693	448	163	,	,	PUNCT
cblr-1693	448	164	that	that	SCONJ
cblr-1693	448	165	this	this	DET
cblr-1693	448	166	rule	rule	NOUN
cblr-1693	448	167	was	be	AUX
cblr-1693	448	168	only	only	ADV
cblr-1693	448	169	a	a	DET
cblr-1693	448	170	preliminary	preliminary	ADJ
cblr-1693	448	171	step	step	NOUN
cblr-1693	448	172	;	;	PUNCT
cblr-1693	448	173	since	since	SCONJ
cblr-1693	448	174	“	"	PUNCT
cblr-1693	448	175	swap	swap	NOUN
cblr-1693	448	176	clearing	clearing	NOUN
cblr-1693	448	177	is	be	AUX
cblr-1693	448	178	likely	likely	ADJ
cblr-1693	448	179	to	to	PART
cblr-1693	448	180	evolve	evolve	VERB
cblr-1693	448	181	,	,	PUNCT
cblr-1693	448	182	”	"	PUNCT
cblr-1693	448	183	later	later	ADJ
cblr-1693	448	184	determinations	determination	NOUN
cblr-1693	448	185	“	"	PUNCT
cblr-1693	448	186	may	may	AUX
cblr-1693	448	187	be	be	AUX
cblr-1693	448	188	based	base	VERB
cblr-1693	448	189	on	on	ADP
cblr-1693	448	190	a	a	DET
cblr-1693	448	191	variety	variety	NOUN
cblr-1693	448	192	of	of	ADP
cblr-1693	448	193	other	other	ADJ
cblr-1693	448	194	factors	factor	NOUN
cblr-1693	448	195	beyond	beyond	ADP
cblr-1693	448	196	the	the	DET
cblr-1693	448	197	extent	extent	NOUN
cblr-1693	448	198	to	to	PART
cblr-1693	448	199	which	which	PRON
cblr-1693	448	200	the	the	DET
cblr-1693	448	201	swaps	swap	NOUN
cblr-1693	448	202	in	in	ADP
cblr-1693	448	203	question	question	NOUN
cblr-1693	448	204	are	be	AUX
cblr-1693	448	205	already	already	ADV
cblr-1693	448	206	being	be	AUX
cblr-1693	448	207	cleared	clear	VERB
cblr-1693	448	208	.	.	PUNCT
cblr-1693	449	1	”111	”111	PROPN
cblr-1693	449	2	as	as	SCONJ
cblr-1693	449	3	predicted	predict	VERB
cblr-1693	449	4	,	,	PUNCT
cblr-1693	449	5	the	the	DET
cblr-1693	449	6	later	later	ADJ
cblr-1693	449	7	105	105	NUM
cblr-1693	449	8	i	i	PROPN
cblr-1693	449	9	d.	d.	PROPN
cblr-1693	449	10	106	106	NUM
cblr-1693	449	11	see	see	VERB
cblr-1693	449	12	process	process	NOUN
cblr-1693	449	13	for	for	ADP
cblr-1693	449	14	review	review	NOUN
cblr-1693	449	15	of	of	ADP
cblr-1693	449	16	swaps	swap	NOUN
cblr-1693	449	17	for	for	ADP
cblr-1693	449	18	mandatory	mandatory	ADJ
cblr-1693	449	19	clearing	clearing	NOUN
cblr-1693	449	20	,	,	PUNCT
cblr-1693	449	21	76	76	NUM
cblr-1693	449	22	fed	fed	PROPN
cblr-1693	449	23	.	.	PUNCT
cblr-1693	450	1	reg	reg	PROPN
cblr-1693	450	2	.	.	PROPN
cblr-1693	451	1	44,464	44,464	NUM
cblr-1693	451	2	,	,	PUNCT
cblr-1693	451	3	44,469	44,469	NUM
cblr-1693	451	4	(	(	PUNCT
cblr-1693	451	5	july	july	PROPN
cblr-1693	451	6	26	26	NUM
cblr-1693	451	7	,	,	PUNCT
cblr-1693	451	8	2011	2011	NUM
cblr-1693	451	9	)	)	PUNCT
cblr-1693	451	10	(	(	PUNCT
cblr-1693	451	11	to	to	PART
cblr-1693	451	12	be	be	AUX
cblr-1693	451	13	codified	codify	VERB
cblr-1693	451	14	at	at	ADP
cblr-1693	451	15	17	17	NUM
cblr-1693	451	16	c.f.r	c.f.r	NOUN
cblr-1693	451	17	.	.	PUNCT
cblr-1693	452	1	pts	pts	PROPN
cblr-1693	452	2	.	.	PROPN
cblr-1693	452	3	39	39	NUM
cblr-1693	452	4	,	,	PUNCT
cblr-1693	452	5	140	140	NUM
cblr-1693	452	6	)	)	PUNCT
cblr-1693	452	7	(	(	PUNCT
cblr-1693	452	8	“	"	PUNCT
cblr-1693	452	9	[	[	X
cblr-1693	452	10	the	the	DET
cblr-1693	452	11	cftc	cftc	X
cblr-1693	452	12	]	]	PUNCT
cblr-1693	452	13	will	will	AUX
cblr-1693	452	14	make	make	VERB
cblr-1693	452	15	such	such	ADJ
cblr-1693	452	16	determinations	determination	NOUN
cblr-1693	452	17	on	on	ADP
cblr-1693	452	18	a	a	DET
cblr-1693	452	19	case	case	NOUN
cblr-1693	452	20	-	-	PUNCT
cblr-1693	452	21	by	by	ADP
cblr-1693	452	22	-	-	PUNCT
cblr-1693	452	23	case	case	NOUN
cblr-1693	452	24	basis	basis	NOUN
cblr-1693	452	25	,	,	PUNCT
cblr-1693	452	26	after	after	ADP
cblr-1693	452	27	taking	take	VERB
cblr-1693	452	28	into	into	ADP
cblr-1693	452	29	consideration	consideration	NOUN
cblr-1693	452	30	any	any	DET
cblr-1693	452	31	comments	comment	NOUN
cblr-1693	452	32	received	receive	VERB
cblr-1693	452	33	pursuant	pursuant	ADV
cblr-1693	452	34	to	to	ADP
cblr-1693	452	35	the	the	DET
cblr-1693	452	36	30	30	NUM
cblr-1693	452	37	-	-	PUNCT
cblr-1693	452	38	day	day	NOUN
cblr-1693	452	39	public	public	ADJ
cblr-1693	452	40	comment	comment	NOUN
cblr-1693	452	41	period	period	NOUN
cblr-1693	452	42	[	[	X
cblr-1693	452	43	.	.	X
cblr-1693	452	44	]	]	X
cblr-1693	452	45	”	"	PUNCT
cblr-1693	452	46	)	)	PUNCT
cblr-1693	452	47	;	;	PUNCT
cblr-1693	453	1	17	17	NUM
cblr-1693	453	2	c.f.r	c.f.r	NOUN
cblr-1693	453	3	.	.	PUNCT
cblr-1693	454	1	§	§	PROPN
cblr-1693	454	2	39.5(c)(2	39.5(c)(2	NUM
cblr-1693	454	3	)	)	PUNCT
cblr-1693	454	4	(	(	PUNCT
cblr-1693	454	5	2018	2018	NUM
cblr-1693	454	6	)	)	PUNCT
cblr-1693	454	7	(	(	PUNCT
cblr-1693	454	8	“	"	PUNCT
cblr-1693	454	9	notice	notice	NOUN
cblr-1693	454	10	regarding	regard	VERB
cblr-1693	454	11	any	any	DET
cblr-1693	454	12	determination	determination	NOUN
cblr-1693	454	13	.	.	PUNCT
cblr-1693	454	14	.	.	PUNCT
cblr-1693	454	15	.	.	PUNCT
cblr-1693	455	1	will	will	AUX
cblr-1693	455	2	be	be	AUX
cblr-1693	455	3	made	make	VERB
cblr-1693	455	4	available	available	ADJ
cblr-1693	455	5	to	to	ADP
cblr-1693	455	6	the	the	DET
cblr-1693	455	7	public	public	NOUN
cblr-1693	455	8	and	and	CCONJ
cblr-1693	455	9	posted	post	VERB
cblr-1693	455	10	on	on	ADP
cblr-1693	455	11	the	the	DET
cblr-1693	455	12	[	[	X
cblr-1693	455	13	cftc	cftc	PROPN
cblr-1693	455	14	]	]	PUNCT
cblr-1693	455	15	web	web	NOUN
cblr-1693	455	16	site	site	NOUN
cblr-1693	455	17	for	for	ADP
cblr-1693	455	18	a	a	DET
cblr-1693	455	19	30	30	NUM
cblr-1693	455	20	-	-	PUNCT
cblr-1693	455	21	day	day	NOUN
cblr-1693	455	22	public	public	ADJ
cblr-1693	455	23	comment	comment	NOUN
cblr-1693	455	24	period	period	NOUN
cblr-1693	455	25	.	.	PUNCT
cblr-1693	455	26	”	"	PUNCT
cblr-1693	455	27	)	)	PUNCT
cblr-1693	455	28	.	.	PUNCT
cblr-1693	456	1	107	107	NUM
cblr-1693	456	2	see	see	VERB
cblr-1693	456	3	generally	generally	ADV
cblr-1693	456	4	clearing	clear	VERB
cblr-1693	456	5	requirement	requirement	NOUN
cblr-1693	456	6	determination	determination	NOUN
cblr-1693	456	7	under	under	ADP
cblr-1693	456	8	section	section	NOUN
cblr-1693	456	9	2(h	2(h	NUM
cblr-1693	456	10	)	)	PUNCT
cblr-1693	456	11	of	of	ADP
cblr-1693	456	12	the	the	DET
cblr-1693	456	13	cea	cea	PROPN
cblr-1693	456	14	,	,	PUNCT
cblr-1693	456	15	77	77	NUM
cblr-1693	456	16	fed	fed	PROPN
cblr-1693	456	17	.	.	PUNCT
cblr-1693	457	1	reg	reg	PROPN
cblr-1693	457	2	.	.	PUNCT
cblr-1693	458	1	74,284	74,284	NUM
cblr-1693	458	2	(	(	PUNCT
cblr-1693	458	3	dec	dec	PROPN
cblr-1693	458	4	.	.	PROPN
cblr-1693	458	5	13	13	NUM
cblr-1693	458	6	,	,	PUNCT
cblr-1693	458	7	2012	2012	NUM
cblr-1693	458	8	)	)	PUNCT
cblr-1693	458	9	(	(	PUNCT
cblr-1693	458	10	to	to	PART
cblr-1693	458	11	be	be	AUX
cblr-1693	458	12	codified	codify	VERB
cblr-1693	458	13	at	at	ADP
cblr-1693	458	14	17	17	NUM
cblr-1693	458	15	c.f.r	c.f.r	NOUN
cblr-1693	458	16	.	.	PUNCT
cblr-1693	459	1	pts	pts	PROPN
cblr-1693	459	2	.	.	PROPN
cblr-1693	459	3	39	39	NUM
cblr-1693	459	4	,	,	PUNCT
cblr-1693	459	5	50	50	NUM
cblr-1693	459	6	)	)	PUNCT
cblr-1693	459	7	.	.	PUNCT
cblr-1693	460	1	108	108	NUM
cblr-1693	460	2	see	see	VERB
cblr-1693	460	3	17	17	NUM
cblr-1693	460	4	c.f.r	c.f.r	NOUN
cblr-1693	460	5	.	.	PUNCT
cblr-1693	461	1	§	§	PROPN
cblr-1693	461	2	50.4	50.4	NUM
cblr-1693	461	3	(	(	PUNCT
cblr-1693	461	4	2018	2018	NUM
cblr-1693	461	5	)	)	PUNCT
cblr-1693	461	6	.	.	PUNCT
cblr-1693	462	1	109	109	NUM
cblr-1693	462	2	see	see	VERB
cblr-1693	462	3	cftc	cftc	PROPN
cblr-1693	462	4	clearing	clearing	NOUN
cblr-1693	462	5	requirement	requirement	NOUN
cblr-1693	462	6	determination	determination	NOUN
cblr-1693	462	7	under	under	ADP
cblr-1693	462	8	section	section	NOUN
cblr-1693	462	9	2(h	2(h	NUM
cblr-1693	462	10	)	)	PUNCT
cblr-1693	462	11	of	of	ADP
cblr-1693	462	12	the	the	DET
cblr-1693	462	13	cea	cea	PROPN
cblr-1693	462	14	,	,	PUNCT
cblr-1693	462	15	77	77	NUM
cblr-1693	462	16	fed	fed	PROPN
cblr-1693	462	17	.	.	PUNCT
cblr-1693	463	1	reg	reg	PROPN
cblr-1693	463	2	.	.	PUNCT
cblr-1693	464	1	at	at	ADP
cblr-1693	464	2	74,287	74,287	NUM
cblr-1693	464	3	(	(	PUNCT
cblr-1693	464	4	“	"	PUNCT
cblr-1693	464	5	the	the	DET
cblr-1693	464	6	[	[	X
cblr-1693	464	7	cftc	cftc	PROPN
cblr-1693	464	8	]	]	PUNCT
cblr-1693	464	9	received	receive	VERB
cblr-1693	464	10	submissions	submission	NOUN
cblr-1693	464	11	relating	relate	VERB
cblr-1693	464	12	to	to	ADP
cblr-1693	464	13	cds	cd	NOUN
cblr-1693	464	14	and	and	CCONJ
cblr-1693	464	15	interest	interest	NOUN
cblr-1693	464	16	rate	rate	NOUN
cblr-1693	464	17	swaps	swap	NOUN
cblr-1693	464	18	.	.	PUNCT
cblr-1693	464	19	.	.	PUNCT
cblr-1693	464	20	.	.	PUNCT
cblr-1693	464	21	.	.	PUNCT
cblr-1693	465	1	the	the	DET
cblr-1693	465	2	clearing	clearing	NOUN
cblr-1693	465	3	requirement	requirement	NOUN
cblr-1693	465	4	determinations	determination	NOUN
cblr-1693	465	5	and	and	CCONJ
cblr-1693	465	6	rules	rule	NOUN
cblr-1693	465	7	adopted	adopt	VERB
cblr-1693	465	8	in	in	ADP
cblr-1693	465	9	this	this	DET
cblr-1693	465	10	release	release	NOUN
cblr-1693	465	11	cover	cover	VERB
cblr-1693	465	12	certain	certain	ADJ
cblr-1693	465	13	cds	cd	NOUN
cblr-1693	465	14	and	and	CCONJ
cblr-1693	465	15	interest	interest	NOUN
cblr-1693	465	16	rate	rate	NOUN
cblr-1693	465	17	swaps	swap	NOUN
cblr-1693	465	18	currently	currently	ADV
cblr-1693	465	19	being	be	AUX
cblr-1693	465	20	cleared	clear	VERB
cblr-1693	465	21	by	by	ADP
cblr-1693	465	22	a	a	DET
cblr-1693	465	23	[	[	X
cblr-1693	465	24	derivatives	derivative	NOUN
cblr-1693	465	25	clearing	clearing	NOUN
cblr-1693	465	26	organization	organization	NOUN
cblr-1693	465	27	]	]	PUNCT
cblr-1693	465	28	.	.	PUNCT
cblr-1693	465	29	”	"	PUNCT
cblr-1693	465	30	)	)	PUNCT
cblr-1693	465	31	.	.	PUNCT
cblr-1693	466	1	110	110	NUM
cblr-1693	466	2	i	i	PRON
cblr-1693	466	3	d.	d.	PROPN
cblr-1693	466	4	111	111	NUM
cblr-1693	467	1	i	i	PROPN
cblr-1693	467	2	d.	d.	PROPN
cblr-1693	467	3	278	278	PROPN
cblr-1693	467	4	columbia	columbia	PROPN
cblr-1693	467	5	business	business	NOUN
cblr-1693	467	6	law	law	PROPN
cblr-1693	467	7	review	review	NOUN
cblr-1693	467	8	[	[	X
cblr-1693	467	9	vol	vol	NOUN
cblr-1693	467	10	.	.	PUNCT
cblr-1693	467	11	2019	2019	NUM
cblr-1693	467	12	additional	additional	ADJ
cblr-1693	467	13	cftc	cftc	PROPN
cblr-1693	467	14	clearing	clearing	NOUN
cblr-1693	467	15	mandate	mandate	NOUN
cblr-1693	467	16	(	(	PUNCT
cblr-1693	467	17	promulgated	promulgate	VERB
cblr-1693	467	18	in	in	ADP
cblr-1693	467	19	2016	2016	NUM
cblr-1693	467	20	)	)	PUNCT
cblr-1693	467	21	included	include	VERB
cblr-1693	467	22	swaps	swap	NOUN
cblr-1693	467	23	submitted	submit	VERB
cblr-1693	467	24	by	by	ADP
cblr-1693	467	25	clearing	clear	VERB
cblr-1693	467	26	organizations	organization	NOUN
cblr-1693	467	27	that	that	PRON
cblr-1693	467	28	wished	wish	VERB
cblr-1693	467	29	to	to	PART
cblr-1693	467	30	clear	clear	VERB
cblr-1693	467	31	the	the	DET
cblr-1693	467	32	products	product	NOUN
cblr-1693	467	33	,	,	PUNCT
cblr-1693	467	34	but	but	CCONJ
cblr-1693	467	35	which	which	PRON
cblr-1693	467	36	were	be	AUX
cblr-1693	467	37	not	not	PART
cblr-1693	467	38	yet	yet	ADV
cblr-1693	467	39	centrally	centrally	ADV
cblr-1693	467	40	cleared.112	cleared.112	ADJ
cblr-1693	467	41	2	2	X
cblr-1693	467	42	.	.	PUNCT
cblr-1693	468	1	the	the	DET
cblr-1693	468	2	sec	sec	PROPN
cblr-1693	468	3	’s	’s	PART
cblr-1693	468	4	deliberate	deliberate	ADJ
cblr-1693	468	5	approach	approach	NOUN
cblr-1693	468	6	under	under	ADP
cblr-1693	468	7	title	title	NOUN
cblr-1693	468	8	vii	vii	PROPN
cblr-1693	468	9	,	,	PUNCT
cblr-1693	468	10	the	the	DET
cblr-1693	468	11	sec	sec	PROPN
cblr-1693	468	12	’s	’s	PART
cblr-1693	468	13	jurisdiction	jurisdiction	NOUN
cblr-1693	468	14	covers	cover	VERB
cblr-1693	468	15	securitybased	securitybase	VERB
cblr-1693	468	16	swaps	swap	NOUN
cblr-1693	468	17	,	,	PUNCT
cblr-1693	468	18	which	which	PRON
cblr-1693	468	19	account	account	VERB
cblr-1693	468	20	for	for	ADP
cblr-1693	468	21	most	most	ADJ
cblr-1693	468	22	of	of	ADP
cblr-1693	468	23	the	the	DET
cblr-1693	468	24	ten	ten	NUM
cblr-1693	468	25	percent	percent	NOUN
cblr-1693	468	26	of	of	ADP
cblr-1693	468	27	otc	otc	PROPN
cblr-1693	468	28	derivatives	derivative	NOUN
cblr-1693	468	29	not	not	PART
cblr-1693	468	30	under	under	ADP
cblr-1693	468	31	the	the	DET
cblr-1693	468	32	cftc	cftc	PROPN
cblr-1693	468	33	’s	’s	PART
cblr-1693	468	34	jurisdiction.113	jurisdiction.113	NOUN
cblr-1693	468	35	among	among	ADP
cblr-1693	468	36	other	other	ADJ
cblr-1693	468	37	product	product	NOUN
cblr-1693	468	38	types	type	NOUN
cblr-1693	468	39	,	,	PUNCT
cblr-1693	468	40	security	security	NOUN
cblr-1693	468	41	-	-	PUNCT
cblr-1693	468	42	based	base	VERB
cblr-1693	468	43	swaps	swap	NOUN
cblr-1693	468	44	include	include	VERB
cblr-1693	468	45	equity	equity	NOUN
cblr-1693	468	46	swaps	swap	NOUN
cblr-1693	468	47	and	and	CCONJ
cblr-1693	468	48	single	single	ADJ
cblr-1693	468	49	name	name	NOUN
cblr-1693	468	50	cdss.114	cdss.114	NOUN
cblr-1693	468	51	with	with	ADP
cblr-1693	468	52	less	less	ADJ
cblr-1693	468	53	of	of	ADP
cblr-1693	468	54	the	the	DET
cblr-1693	468	55	market	market	NOUN
cblr-1693	468	56	share	share	NOUN
cblr-1693	468	57	to	to	PART
cblr-1693	468	58	cover	cover	VERB
cblr-1693	468	59	,	,	PUNCT
cblr-1693	468	60	the	the	DET
cblr-1693	468	61	sec	sec	PROPN
cblr-1693	468	62	understandably	understandably	ADV
cblr-1693	468	63	approached	approach	VERB
cblr-1693	468	64	implementation	implementation	NOUN
cblr-1693	468	65	more	more	ADV
cblr-1693	468	66	slowly	slowly	ADV
cblr-1693	468	67	than	than	ADP
cblr-1693	468	68	the	the	DET
cblr-1693	468	69	cftc	cftc	PROPN
cblr-1693	468	70	.	.	PUNCT
cblr-1693	469	1	as	as	ADP
cblr-1693	469	2	a	a	DET
cblr-1693	469	3	result	result	NOUN
cblr-1693	469	4	,	,	PUNCT
cblr-1693	469	5	much	much	ADJ
cblr-1693	469	6	of	of	ADP
cblr-1693	469	7	the	the	DET
cblr-1693	469	8	sec	sec	PROPN
cblr-1693	469	9	’s	’s	PART
cblr-1693	469	10	title	title	NOUN
cblr-1693	469	11	vii	vii	PROPN
cblr-1693	469	12	rulemaking	rulemaking	NOUN
cblr-1693	469	13	currently	currently	ADV
cblr-1693	469	14	remains	remain	VERB
cblr-1693	469	15	only	only	ADV
cblr-1693	469	16	proposed	propose	VERB
cblr-1693	469	17	or	or	CCONJ
cblr-1693	469	18	is	be	AUX
cblr-1693	469	19	finalized	finalize	VERB
cblr-1693	469	20	with	with	ADP
cblr-1693	469	21	delayed	delay	VERB
cblr-1693	469	22	compliance	compliance	NOUN
cblr-1693	469	23	dates.115	dates.115	NOUN
cblr-1693	469	24	the	the	DET
cblr-1693	469	25	sec	sec	PROPN
cblr-1693	469	26	first	first	ADV
cblr-1693	469	27	produced	produce	VERB
cblr-1693	469	28	a	a	DET
cblr-1693	469	29	timeline	timeline	NOUN
cblr-1693	469	30	for	for	ADP
cblr-1693	469	31	efficient	efficient	ADJ
cblr-1693	469	32	and	and	CCONJ
cblr-1693	469	33	undisruptive	undisruptive	ADJ
cblr-1693	469	34	title	title	NOUN
cblr-1693	469	35	vii	vii	PROPN
cblr-1693	469	36	implementation.116	implementation.116	ADP
cblr-1693	469	37	a	a	DET
cblr-1693	469	38	rule	rule	NOUN
cblr-1693	469	39	specifying	specify	VERB
cblr-1693	469	40	112	112	NUM
cblr-1693	469	41	see	see	NOUN
cblr-1693	469	42	clearing	clearing	NOUN
cblr-1693	469	43	requirement	requirement	NOUN
cblr-1693	469	44	determination	determination	NOUN
cblr-1693	469	45	under	under	ADP
cblr-1693	469	46	section	section	NOUN
cblr-1693	469	47	2(h	2(h	NUM
cblr-1693	469	48	)	)	PUNCT
cblr-1693	469	49	of	of	ADP
cblr-1693	469	50	the	the	DET
cblr-1693	469	51	commodity	commodity	NOUN
cblr-1693	469	52	exchange	exchange	PROPN
cblr-1693	469	53	act	act	NOUN
cblr-1693	469	54	for	for	ADP
cblr-1693	469	55	interest	interest	NOUN
cblr-1693	469	56	rate	rate	NOUN
cblr-1693	469	57	swaps	swap	NOUN
cblr-1693	469	58	,	,	PUNCT
cblr-1693	469	59	81	81	NUM
cblr-1693	469	60	fed	feed	VERB
cblr-1693	469	61	.	.	PUNCT
cblr-1693	470	1	reg	reg	PROPN
cblr-1693	470	2	.	.	PUNCT
cblr-1693	471	1	71,202	71,202	NUM
cblr-1693	471	2	,	,	PUNCT
cblr-1693	471	3	71,206	71,206	NUM
cblr-1693	471	4	(	(	PUNCT
cblr-1693	471	5	oct	oct	PROPN
cblr-1693	471	6	.	.	PROPN
cblr-1693	471	7	14	14	NUM
cblr-1693	471	8	,	,	PUNCT
cblr-1693	471	9	2016	2016	NUM
cblr-1693	471	10	)	)	PUNCT
cblr-1693	471	11	(	(	PUNCT
cblr-1693	471	12	to	to	PART
cblr-1693	471	13	be	be	AUX
cblr-1693	471	14	codified	codify	VERB
cblr-1693	471	15	at	at	ADP
cblr-1693	471	16	17	17	NUM
cblr-1693	471	17	c.f.r	c.f.r	NOUN
cblr-1693	471	18	.	.	PUNCT
cblr-1693	472	1	pt	pt	PROPN
cblr-1693	472	2	.	.	PROPN
cblr-1693	472	3	50	50	NUM
cblr-1693	472	4	)	)	PUNCT
cblr-1693	472	5	.	.	PUNCT
cblr-1693	473	1	113	113	NUM
cblr-1693	473	2	see	see	VERB
cblr-1693	473	3	hammar	hammar	PROPN
cblr-1693	473	4	et	et	PROPN
cblr-1693	473	5	al	al	PROPN
cblr-1693	473	6	.	.	PROPN
cblr-1693	473	7	,	,	PUNCT
cblr-1693	473	8	supra	supra	PROPN
cblr-1693	473	9	note	note	PROPN
cblr-1693	473	10	90	90	NUM
cblr-1693	473	11	,	,	PUNCT
cblr-1693	473	12	at	at	ADP
cblr-1693	473	13	78	78	NUM
cblr-1693	473	14	.	.	PUNCT
cblr-1693	474	1	title	title	PROPN
cblr-1693	474	2	vii	vii	PROPN
cblr-1693	474	3	also	also	ADV
cblr-1693	474	4	envisioned	envision	VERB
cblr-1693	474	5	the	the	DET
cblr-1693	474	6	existence	existence	NOUN
cblr-1693	474	7	of	of	ADP
cblr-1693	474	8	“	"	PUNCT
cblr-1693	474	9	mixed	mixed	ADJ
cblr-1693	474	10	swaps	swap	NOUN
cblr-1693	474	11	,	,	PUNCT
cblr-1693	474	12	”	"	PUNCT
cblr-1693	474	13	products	product	NOUN
cblr-1693	474	14	with	with	ADP
cblr-1693	474	15	criteria	criterion	NOUN
cblr-1693	474	16	that	that	PRON
cblr-1693	474	17	overlap	overlap	VERB
cblr-1693	474	18	between	between	ADP
cblr-1693	474	19	swaps	swap	NOUN
cblr-1693	474	20	and	and	CCONJ
cblr-1693	474	21	security	security	NOUN
cblr-1693	474	22	-	-	PUNCT
cblr-1693	474	23	based	base	VERB
cblr-1693	474	24	swaps	swap	NOUN
cblr-1693	474	25	and	and	CCONJ
cblr-1693	474	26	which	which	PRON
cblr-1693	474	27	were	be	AUX
cblr-1693	474	28	subject	subject	ADJ
cblr-1693	474	29	to	to	ADP
cblr-1693	474	30	joint	joint	ADJ
cblr-1693	474	31	cftc	cftc	PROPN
cblr-1693	474	32	and	and	CCONJ
cblr-1693	474	33	sec	sec	PROPN
cblr-1693	474	34	jurisdiction	jurisdiction	NOUN
cblr-1693	474	35	.	.	PUNCT
cblr-1693	475	1	see	see	VERB
cblr-1693	475	2	15	15	NUM
cblr-1693	475	3	u.s.c	u.s.c	ADJ
cblr-1693	475	4	.	.	PUNCT
cblr-1693	476	1	§	§	PROPN
cblr-1693	476	2	8302(a)(8	8302(a)(8	PROPN
cblr-1693	476	3	)	)	PUNCT
cblr-1693	476	4	(	(	PUNCT
cblr-1693	476	5	2012	2012	NUM
cblr-1693	476	6	)	)	PUNCT
cblr-1693	476	7	(	(	PUNCT
cblr-1693	476	8	“	"	PUNCT
cblr-1693	476	9	the	the	DET
cblr-1693	476	10	commodity	commodity	NOUN
cblr-1693	476	11	futures	future	NOUN
cblr-1693	476	12	trading	trading	NOUN
cblr-1693	476	13	commission	commission	PROPN
cblr-1693	476	14	and	and	CCONJ
cblr-1693	476	15	the	the	DET
cblr-1693	476	16	securities	securities	PROPN
cblr-1693	476	17	and	and	CCONJ
cblr-1693	476	18	exchange	exchange	PROPN
cblr-1693	476	19	commission	commission	PROPN
cblr-1693	476	20	,	,	PUNCT
cblr-1693	476	21	after	after	ADP
cblr-1693	476	22	consultation	consultation	NOUN
cblr-1693	476	23	with	with	ADP
cblr-1693	476	24	the	the	DET
cblr-1693	476	25	board	board	NOUN
cblr-1693	476	26	of	of	ADP
cblr-1693	476	27	governors	governor	NOUN
cblr-1693	476	28	,	,	PUNCT
cblr-1693	476	29	shall	shall	AUX
cblr-1693	476	30	jointly	jointly	ADV
cblr-1693	476	31	prescribe	prescribe	VERB
cblr-1693	476	32	such	such	ADJ
cblr-1693	476	33	regulations	regulation	NOUN
cblr-1693	476	34	regarding	regard	VERB
cblr-1693	476	35	mixed	mixed	ADJ
cblr-1693	476	36	swaps	swap	NOUN
cblr-1693	476	37	.	.	PUNCT
cblr-1693	476	38	.	.	PUNCT
cblr-1693	477	1	.	.	PUNCT
cblr-1693	478	1	as	as	SCONJ
cblr-1693	478	2	may	may	AUX
cblr-1693	478	3	be	be	AUX
cblr-1693	478	4	necessary	necessary	ADJ
cblr-1693	478	5	to	to	PART
cblr-1693	478	6	carry	carry	VERB
cblr-1693	478	7	out	out	ADP
cblr-1693	478	8	the	the	DET
cblr-1693	478	9	purposes	purpose	NOUN
cblr-1693	478	10	of	of	ADP
cblr-1693	478	11	this	this	DET
cblr-1693	478	12	title	title	NOUN
cblr-1693	478	13	.	.	PUNCT
cblr-1693	478	14	”	"	PUNCT
cblr-1693	478	15	)	)	PUNCT
cblr-1693	478	16	;	;	PUNCT
cblr-1693	478	17	see	see	VERB
cblr-1693	478	18	also	also	ADV
cblr-1693	478	19	hammar	hammar	PROPN
cblr-1693	478	20	et	et	PROPN
cblr-1693	478	21	al	al	PROPN
cblr-1693	478	22	.	.	PROPN
cblr-1693	478	23	,	,	PUNCT
cblr-1693	478	24	supra	supra	PROPN
cblr-1693	478	25	note	note	PROPN
cblr-1693	478	26	90	90	NUM
cblr-1693	478	27	,	,	PUNCT
cblr-1693	478	28	at	at	ADP
cblr-1693	478	29	78	78	NUM
cblr-1693	478	30	.	.	PUNCT
cblr-1693	479	1	accordingly	accordingly	ADV
cblr-1693	479	2	,	,	PUNCT
cblr-1693	479	3	swaps	swap	NOUN
cblr-1693	479	4	and	and	CCONJ
cblr-1693	479	5	security	security	NOUN
cblr-1693	479	6	-	-	PUNCT
cblr-1693	479	7	based	base	VERB
cblr-1693	479	8	swaps	swap	NOUN
cblr-1693	479	9	together	together	ADV
cblr-1693	479	10	do	do	AUX
cblr-1693	479	11	not	not	PART
cblr-1693	479	12	amount	amount	VERB
cblr-1693	479	13	to	to	ADP
cblr-1693	479	14	one	one	NUM
cblr-1693	479	15	hundred	hundred	NUM
cblr-1693	479	16	percent	percent	NOUN
cblr-1693	479	17	of	of	ADP
cblr-1693	479	18	the	the	DET
cblr-1693	479	19	otc	otc	PROPN
cblr-1693	479	20	derivatives	derivative	NOUN
cblr-1693	479	21	market	market	NOUN
cblr-1693	479	22	.	.	PUNCT
cblr-1693	480	1	while	while	SCONJ
cblr-1693	480	2	the	the	DET
cblr-1693	480	3	financial	financial	ADJ
cblr-1693	480	4	regulators	regulator	NOUN
cblr-1693	480	5	have	have	AUX
cblr-1693	480	6	promulgated	promulgate	VERB
cblr-1693	480	7	regulations	regulation	NOUN
cblr-1693	480	8	regarding	regard	VERB
cblr-1693	480	9	mixed	mixed	ADJ
cblr-1693	480	10	swaps	swap	NOUN
cblr-1693	480	11	,	,	PUNCT
cblr-1693	480	12	this	this	DET
cblr-1693	480	13	joint	joint	ADJ
cblr-1693	480	14	jurisdiction	jurisdiction	NOUN
cblr-1693	480	15	is	be	AUX
cblr-1693	480	16	beyond	beyond	ADP
cblr-1693	480	17	the	the	DET
cblr-1693	480	18	scope	scope	NOUN
cblr-1693	480	19	of	of	ADP
cblr-1693	480	20	this	this	DET
cblr-1693	480	21	note	note	NOUN
cblr-1693	480	22	,	,	PUNCT
cblr-1693	480	23	which	which	PRON
cblr-1693	480	24	focuses	focus	VERB
cblr-1693	480	25	specifically	specifically	ADV
cblr-1693	480	26	on	on	ADP
cblr-1693	480	27	security	security	NOUN
cblr-1693	480	28	-	-	PUNCT
cblr-1693	480	29	based	base	VERB
cblr-1693	480	30	swaps	swap	NOUN
cblr-1693	480	31	.	.	PUNCT
cblr-1693	481	1	see	see	VERB
cblr-1693	481	2	generally	generally	ADV
cblr-1693	481	3	regulation	regulation	NOUN
cblr-1693	481	4	of	of	ADP
cblr-1693	481	5	mixed	mixed	ADJ
cblr-1693	481	6	swaps	swap	NOUN
cblr-1693	481	7	,	,	PUNCT
cblr-1693	481	8	17	17	NUM
cblr-1693	481	9	c.f.r	c.f.r	NOUN
cblr-1693	481	10	.	.	PUNCT
cblr-1693	482	1	§	§	PROPN
cblr-1693	482	2	240.3a68	240.3a68	PROPN
cblr-1693	482	3	-	-	SYM
cblr-1693	482	4	4	4	NUM
cblr-1693	482	5	(	(	PUNCT
cblr-1693	482	6	2018	2018	NUM
cblr-1693	482	7	)	)	PUNCT
cblr-1693	482	8	.	.	PUNCT
cblr-1693	483	1	114	114	NUM
cblr-1693	483	2	hammar	hammar	PROPN
cblr-1693	483	3	et	et	PROPN
cblr-1693	483	4	al	al	PROPN
cblr-1693	483	5	.	.	PROPN
cblr-1693	483	6	,	,	PUNCT
cblr-1693	483	7	supra	supra	PROPN
cblr-1693	483	8	note	note	PROPN
cblr-1693	483	9	90	90	NUM
cblr-1693	483	10	,	,	PUNCT
cblr-1693	483	11	at	at	ADP
cblr-1693	483	12	78	78	NUM
cblr-1693	483	13	.	.	PUNCT
cblr-1693	483	14	115	115	NUM
cblr-1693	484	1	i	i	PRON
cblr-1693	484	2	d.	d.	NOUN
cblr-1693	484	3	at	at	ADP
cblr-1693	484	4	81–82	81–82	NUM
cblr-1693	484	5	(	(	PUNCT
cblr-1693	484	6	citing	cite	VERB
cblr-1693	484	7	,	,	PUNCT
cblr-1693	484	8	inter	inter	PROPN
cblr-1693	484	9	alia	alia	NOUN
cblr-1693	484	10	,	,	PUNCT
cblr-1693	484	11	implementing	implement	VERB
cblr-1693	484	12	the	the	DET
cblr-1693	484	13	dodd	dodd	PROPN
cblr-1693	484	14	-	-	PUNCT
cblr-1693	484	15	frank	frank	PROPN
cblr-1693	484	16	wall	wall	PROPN
cblr-1693	484	17	street	street	PROPN
cblr-1693	484	18	reform	reform	PROPN
cblr-1693	484	19	and	and	CCONJ
cblr-1693	484	20	consumer	consumer	NOUN
cblr-1693	484	21	protection	protection	PROPN
cblr-1693	484	22	act	act	PROPN
cblr-1693	484	23	,	,	PUNCT
cblr-1693	484	24	u.s	u.s	PROPN
cblr-1693	484	25	.	.	PROPN
cblr-1693	484	26	sec	sec	PROPN
cblr-1693	484	27	.	.	PROPN
cblr-1693	484	28	&	&	CCONJ
cblr-1693	484	29	exchange	exchange	PROPN
cblr-1693	484	30	commission	commission	PROPN
cblr-1693	484	31	,	,	PUNCT
cblr-1693	484	32	https://www.sec.gov/spotlight/implementation-of-dodd-frankact.shtml	https://www.sec.gov/spotlight/implementation-of-dodd-frankact.shtml	PUNCT
cblr-1693	484	33	[	[	X
cblr-1693	484	34	https://perma.cc/mq74-umpk	https://perma.cc/mq74-umpk	X
cblr-1693	484	35	]	]	X
cblr-1693	484	36	(	(	PUNCT
cblr-1693	484	37	last	last	ADJ
cblr-1693	484	38	modified	modify	VERB
cblr-1693	484	39	june	june	PROPN
cblr-1693	484	40	21	21	NUM
cblr-1693	484	41	,	,	PUNCT
cblr-1693	484	42	2018	2018	NUM
cblr-1693	484	43	)	)	PUNCT
cblr-1693	484	44	)	)	PUNCT
cblr-1693	484	45	.	.	PUNCT
cblr-1693	485	1	116	116	NUM
cblr-1693	485	2	see	see	VERB
cblr-1693	485	3	statement	statement	NOUN
cblr-1693	485	4	of	of	ADP
cblr-1693	485	5	general	general	ADJ
cblr-1693	485	6	policy	policy	NOUN
cblr-1693	485	7	on	on	ADP
cblr-1693	485	8	the	the	DET
cblr-1693	485	9	sequencing	sequencing	NOUN
cblr-1693	485	10	of	of	ADP
cblr-1693	485	11	the	the	DET
cblr-1693	485	12	compliance	compliance	NOUN
cblr-1693	485	13	dates	date	VERB
cblr-1693	485	14	for	for	ADP
cblr-1693	485	15	final	final	ADJ
cblr-1693	485	16	rules	rule	NOUN
cblr-1693	485	17	applicable	applicable	ADJ
cblr-1693	485	18	to	to	ADP
cblr-1693	485	19	security	security	NOUN
cblr-1693	485	20	-	-	PUNCT
cblr-1693	485	21	based	base	VERB
cblr-1693	485	22	swaps	swap	NOUN
cblr-1693	485	23	no	no	NOUN
cblr-1693	485	24	.	.	PUNCT
cblr-1693	486	1	1:252	1:252	NUM
cblr-1693	486	2	]	]	X
cblr-1693	486	3	to	to	PART
cblr-1693	486	4	clear	clear	ADJ
cblr-1693	486	5	or	or	CCONJ
cblr-1693	486	6	not	not	PART
cblr-1693	486	7	to	to	PART
cblr-1693	486	8	clear	clear	VERB
cblr-1693	486	9	279	279	NUM
cblr-1693	486	10	the	the	DET
cblr-1693	486	11	submission	submission	NOUN
cblr-1693	486	12	process	process	NOUN
cblr-1693	486	13	for	for	ADP
cblr-1693	486	14	security	security	NOUN
cblr-1693	486	15	-	-	PUNCT
cblr-1693	486	16	based	base	VERB
cblr-1693	486	17	swaps	swap	NOUN
cblr-1693	486	18	was	be	AUX
cblr-1693	486	19	already	already	ADV
cblr-1693	487	1	proposed,117	proposed,117	PROPN
cblr-1693	487	2	and	and	CCONJ
cblr-1693	487	3	the	the	DET
cblr-1693	487	4	timeline	timeline	NOUN
cblr-1693	487	5	noted	note	VERB
cblr-1693	487	6	that	that	SCONJ
cblr-1693	487	7	such	such	DET
cblr-1693	487	8	a	a	DET
cblr-1693	487	9	rule	rule	NOUN
cblr-1693	487	10	could	could	AUX
cblr-1693	487	11	be	be	AUX
cblr-1693	487	12	adopted	adopt	VERB
cblr-1693	487	13	without	without	ADP
cblr-1693	487	14	any	any	DET
cblr-1693	487	15	additional	additional	ADJ
cblr-1693	487	16	prior	prior	ADJ
cblr-1693	487	17	action.118	action.118	NOUN
cblr-1693	487	18	however	however	ADV
cblr-1693	487	19	,	,	PUNCT
cblr-1693	487	20	regardless	regardless	ADV
cblr-1693	487	21	of	of	ADP
cblr-1693	487	22	whether	whether	SCONJ
cblr-1693	487	23	these	these	DET
cblr-1693	487	24	procedures	procedure	NOUN
cblr-1693	487	25	were	be	AUX
cblr-1693	487	26	to	to	PART
cblr-1693	487	27	be	be	AUX
cblr-1693	487	28	established	establish	VERB
cblr-1693	487	29	in	in	ADP
cblr-1693	487	30	the	the	DET
cblr-1693	487	31	near	near	ADJ
cblr-1693	487	32	future	future	NOUN
cblr-1693	487	33	,	,	PUNCT
cblr-1693	487	34	security	security	NOUN
cblr-1693	487	35	-	-	PUNCT
cblr-1693	487	36	based	base	VERB
cblr-1693	487	37	swaps	swap	NOUN
cblr-1693	487	38	would	would	AUX
cblr-1693	487	39	not	not	PART
cblr-1693	487	40	be	be	AUX
cblr-1693	487	41	mandatorily	mandatorily	ADV
cblr-1693	487	42	cleared	clear	VERB
cblr-1693	487	43	until	until	ADP
cblr-1693	487	44	after	after	ADP
cblr-1693	487	45	the	the	DET
cblr-1693	487	46	later	later	NOUN
cblr-1693	487	47	of	of	ADP
cblr-1693	487	48	:	:	PUNCT
cblr-1693	488	1	(	(	PUNCT
cblr-1693	488	2	1	1	X
cblr-1693	488	3	)	)	PUNCT
cblr-1693	488	4	the	the	DET
cblr-1693	488	5	compliance	compliance	NOUN
cblr-1693	488	6	date	date	NOUN
cblr-1693	488	7	of	of	ADP
cblr-1693	488	8	certain	certain	ADJ
cblr-1693	488	9	of	of	ADP
cblr-1693	488	10	the	the	DET
cblr-1693	488	11	final	final	ADJ
cblr-1693	488	12	rules	rule	NOUN
cblr-1693	488	13	resulting	result	VERB
cblr-1693	488	14	from	from	ADP
cblr-1693	488	15	the	the	DET
cblr-1693	488	16	clearing	clearing	NOUN
cblr-1693	488	17	agency	agency	NOUN
cblr-1693	488	18	standards	standard	NOUN
cblr-1693	488	19	proposing	propose	VERB
cblr-1693	488	20	release	release	NOUN
cblr-1693	488	21	;	;	PUNCT
cblr-1693	488	22	(	(	PUNCT
cblr-1693	488	23	2	2	X
cblr-1693	488	24	)	)	PUNCT
cblr-1693	488	25	the	the	DET
cblr-1693	488	26	compliance	compliance	NOUN
cblr-1693	488	27	date	date	NOUN
cblr-1693	488	28	of	of	ADP
cblr-1693	488	29	final	final	ADJ
cblr-1693	488	30	rules	rule	NOUN
cblr-1693	488	31	resulting	result	VERB
cblr-1693	488	32	from	from	ADP
cblr-1693	488	33	the	the	DET
cblr-1693	488	34	end	end	NOUN
cblr-1693	488	35	-	-	PUNCT
cblr-1693	488	36	user	user	NOUN
cblr-1693	488	37	clearing	clearing	NOUN
cblr-1693	488	38	exception	exception	NOUN
cblr-1693	488	39	proposing	propose	VERB
cblr-1693	488	40	release	release	NOUN
cblr-1693	488	41	;	;	PUNCT
cblr-1693	488	42	and	and	CCONJ
cblr-1693	488	43	(	(	PUNCT
cblr-1693	488	44	3	3	X
cblr-1693	488	45	)	)	PUNCT
cblr-1693	488	46	the	the	DET
cblr-1693	488	47	[	[	X
cblr-1693	488	48	sec	sec	X
cblr-1693	488	49	]	]	X
cblr-1693	488	50	determining	determine	VERB
cblr-1693	488	51	whether	whether	SCONJ
cblr-1693	488	52	to	to	PART
cblr-1693	488	53	propose	propose	VERB
cblr-1693	488	54	amendments	amendment	NOUN
cblr-1693	488	55	to	to	ADP
cblr-1693	488	56	the	the	DET
cblr-1693	488	57	existing	exist	VERB
cblr-1693	488	58	net	net	ADJ
cblr-1693	488	59	capital	capital	NOUN
cblr-1693	488	60	and	and	CCONJ
cblr-1693	488	61	customer	customer	NOUN
cblr-1693	488	62	protection	protection	NOUN
cblr-1693	488	63	requirements	requirement	NOUN
cblr-1693	488	64	applicable	applicable	ADJ
cblr-1693	488	65	to	to	ADP
cblr-1693	488	66	broker	broker	NOUN
cblr-1693	488	67	-	-	PUNCT
cblr-1693	488	68	dealers	dealer	NOUN
cblr-1693	488	69	with	with	ADP
cblr-1693	488	70	regard	regard	NOUN
cblr-1693	488	71	to	to	ADP
cblr-1693	488	72	[	[	X
cblr-1693	488	73	securitybased	securitybase	VERB
cblr-1693	488	74	]	]	X
cblr-1693	488	75	swap	swap	NOUN
cblr-1693	488	76	clearing	clearing	NOUN
cblr-1693	488	77	through	through	ADP
cblr-1693	488	78	such	such	ADJ
cblr-1693	488	79	-	-	PUNCT
cblr-1693	488	80	broker	broker	NOUN
cblr-1693	488	81	dealers	dealer	NOUN
cblr-1693	488	82	and	and	CCONJ
cblr-1693	488	83	whether	whether	SCONJ
cblr-1693	488	84	to	to	PART
cblr-1693	488	85	address	address	VERB
cblr-1693	488	86	portfolio	portfolio	NOUN
cblr-1693	488	87	margining	margining	NOUN
cblr-1693	488	88	with	with	ADP
cblr-1693	488	89	swaps.119	swaps.119	PROPN
cblr-1693	488	90	six	six	NUM
cblr-1693	488	91	years	year	NOUN
cblr-1693	488	92	later	later	ADV
cblr-1693	488	93	,	,	PUNCT
cblr-1693	488	94	the	the	DET
cblr-1693	488	95	sec	sec	PROPN
cblr-1693	488	96	still	still	ADV
cblr-1693	488	97	has	have	AUX
cblr-1693	488	98	not	not	PART
cblr-1693	488	99	taken	take	VERB
cblr-1693	488	100	some	some	PRON
cblr-1693	488	101	of	of	ADP
cblr-1693	488	102	these	these	DET
cblr-1693	488	103	preliminary	preliminary	ADJ
cblr-1693	488	104	steps	step	NOUN
cblr-1693	488	105	,	,	PUNCT
cblr-1693	488	106	and	and	CCONJ
cblr-1693	488	107	as	as	ADP
cblr-1693	488	108	a	a	DET
cblr-1693	488	109	result	result	NOUN
cblr-1693	488	110	,	,	PUNCT
cblr-1693	488	111	the	the	DET
cblr-1693	488	112	agency	agency	NOUN
cblr-1693	488	113	has	have	AUX
cblr-1693	488	114	not	not	PART
cblr-1693	488	115	begun	begin	VERB
cblr-1693	488	116	accepting	accept	VERB
cblr-1693	488	117	submissions	submission	NOUN
cblr-1693	488	118	for	for	ADP
cblr-1693	488	119	mandatory	mandatory	ADJ
cblr-1693	488	120	clearing	clearing	NOUN
cblr-1693	488	121	determinations	determination	NOUN
cblr-1693	488	122	.	.	PUNCT
cblr-1693	489	1	the	the	DET
cblr-1693	489	2	clearing	clearing	NOUN
cblr-1693	489	3	agency	agency	NOUN
cblr-1693	489	4	standards	standard	NOUN
cblr-1693	489	5	proposing	propose	VERB
cblr-1693	489	6	release	release	NOUN
cblr-1693	489	7	resulted	result	VERB
cblr-1693	489	8	in	in	ADP
cblr-1693	489	9	one	one	NUM
cblr-1693	489	10	final	final	ADJ
cblr-1693	489	11	rule	rule	NOUN
cblr-1693	489	12	on	on	ADP
cblr-1693	489	13	its	its	PRON
cblr-1693	489	14	central	central	ADJ
cblr-1693	489	15	topic	topic	NOUN
cblr-1693	489	16	,	,	PUNCT
cblr-1693	489	17	but	but	CCONJ
cblr-1693	489	18	the	the	DET
cblr-1693	489	19	sec	sec	PROPN
cblr-1693	489	20	pushed	push	VERB
cblr-1693	489	21	a	a	DET
cblr-1693	489	22	number	number	NOUN
cblr-1693	489	23	of	of	ADP
cblr-1693	489	24	other	other	ADJ
cblr-1693	489	25	rules	rule	NOUN
cblr-1693	489	26	proposed	propose	VERB
cblr-1693	489	27	in	in	ADP
cblr-1693	489	28	the	the	DET
cblr-1693	489	29	release	release	NOUN
cblr-1693	489	30	to	to	ADP
cblr-1693	489	31	a	a	DET
cblr-1693	489	32	later	later	ADJ
cblr-1693	489	33	date	date	NOUN
cblr-1693	489	34	,	,	PUNCT
cblr-1693	489	35	and	and	CCONJ
cblr-1693	489	36	many	many	ADJ
cblr-1693	489	37	are	be	AUX
cblr-1693	489	38	still	still	ADV
cblr-1693	489	39	not	not	PART
cblr-1693	489	40	finalized.120	finalized.120	ADV
cblr-1693	489	41	similarly	similarly	ADV
cblr-1693	489	42	,	,	PUNCT
cblr-1693	489	43	adopted	adopt	VERB
cblr-1693	489	44	pursuant	pursuant	ADV
cblr-1693	489	45	to	to	ADP
cblr-1693	489	46	the	the	DET
cblr-1693	489	47	securities	securities	PROPN
cblr-1693	489	48	exchange	exchange	PROPN
cblr-1693	489	49	act	act	NOUN
cblr-1693	489	50	of	of	ADP
cblr-1693	489	51	1934	1934	NUM
cblr-1693	489	52	and	and	CCONJ
cblr-1693	489	53	the	the	DET
cblr-1693	489	54	doddfrank	doddfrank	PROPN
cblr-1693	489	55	wall	wall	PROPN
cblr-1693	489	56	street	street	PROPN
cblr-1693	489	57	reform	reform	PROPN
cblr-1693	489	58	and	and	CCONJ
cblr-1693	489	59	consumer	consumer	NOUN
cblr-1693	489	60	protection	protection	PROPN
cblr-1693	489	61	act	act	PROPN
cblr-1693	489	62	,	,	PUNCT
cblr-1693	489	63	77	77	NUM
cblr-1693	489	64	fed	fed	PROPN
cblr-1693	489	65	.	.	PUNCT
cblr-1693	490	1	reg	reg	PROPN
cblr-1693	490	2	.	.	PROPN
cblr-1693	490	3	35,625	35,625	NUM
cblr-1693	490	4	,	,	PUNCT
cblr-1693	490	5	35,627–28	35,627–28	PROPN
cblr-1693	490	6	(	(	PUNCT
cblr-1693	490	7	june	june	PROPN
cblr-1693	490	8	14	14	NUM
cblr-1693	490	9	,	,	PUNCT
cblr-1693	490	10	2012	2012	NUM
cblr-1693	490	11	)	)	PUNCT
cblr-1693	490	12	(	(	PUNCT
cblr-1693	490	13	to	to	PART
cblr-1693	490	14	be	be	AUX
cblr-1693	490	15	codified	codify	VERB
cblr-1693	490	16	at	at	ADP
cblr-1693	490	17	17	17	NUM
cblr-1693	490	18	c.f.r	c.f.r	NOUN
cblr-1693	490	19	.	.	PUNCT
cblr-1693	491	1	pt	pt	PROPN
cblr-1693	491	2	.	.	PROPN
cblr-1693	491	3	240	240	NUM
cblr-1693	491	4	)	)	PUNCT
cblr-1693	491	5	(	(	PUNCT
cblr-1693	491	6	“	"	PUNCT
cblr-1693	491	7	[	[	X
cblr-1693	491	8	t]he	t]he	X
cblr-1693	491	9	[	[	X
cblr-1693	491	10	sec	sec	X
cblr-1693	491	11	]	]	X
cblr-1693	491	12	seeks	seek	VERB
cblr-1693	491	13	to	to	PART
cblr-1693	491	14	sequence	sequence	VERB
cblr-1693	491	15	the	the	DET
cblr-1693	491	16	implementation	implementation	NOUN
cblr-1693	491	17	of	of	ADP
cblr-1693	491	18	the	the	DET
cblr-1693	491	19	final	final	ADJ
cblr-1693	491	20	rules	rule	NOUN
cblr-1693	491	21	to	to	PART
cblr-1693	491	22	be	be	AUX
cblr-1693	491	23	adopted	adopt	VERB
cblr-1693	491	24	pursuant	pursuant	ADJ
cblr-1693	491	25	to	to	ADP
cblr-1693	491	26	title	title	VERB
cblr-1693	491	27	vii	vii	PROPN
cblr-1693	491	28	of	of	ADP
cblr-1693	491	29	the	the	DET
cblr-1693	491	30	dodd	dodd	PROPN
cblr-1693	491	31	-	-	PUNCT
cblr-1693	491	32	frank	frank	PROPN
cblr-1693	491	33	act	act	NOUN
cblr-1693	491	34	in	in	ADP
cblr-1693	491	35	an	an	DET
cblr-1693	491	36	appropriate	appropriate	ADJ
cblr-1693	491	37	manner	manner	NOUN
cblr-1693	491	38	.	.	PUNCT
cblr-1693	491	39	”	"	PUNCT
cblr-1693	491	40	)	)	PUNCT
cblr-1693	491	41	.	.	PUNCT
cblr-1693	492	1	117	117	NUM
cblr-1693	493	1	i	i	PROPN
cblr-1693	493	2	d.	d.	PROPN
cblr-1693	493	3	at	at	ADP
cblr-1693	493	4	35,626	35,626	NUM
cblr-1693	493	5	(	(	PUNCT
cblr-1693	493	6	“	"	PUNCT
cblr-1693	493	7	[	[	X
cblr-1693	493	8	t]he	t]he	X
cblr-1693	493	9	[	[	X
cblr-1693	493	10	sec	sec	X
cblr-1693	493	11	]	]	X
cblr-1693	493	12	.	.	PUNCT
cblr-1693	493	13	.	.	PUNCT
cblr-1693	494	1	.	.	PUNCT
cblr-1693	494	2	has	have	AUX
cblr-1693	494	3	proposed	propose	VERB
cblr-1693	494	4	.	.	PUNCT
cblr-1693	494	5	.	.	PUNCT
cblr-1693	494	6	.	.	PUNCT
cblr-1693	495	1	[	[	X
cblr-1693	495	2	r]ules	r]ules	ADP
cblr-1693	495	3	relating	relate	VERB
cblr-1693	495	4	to	to	ADP
cblr-1693	495	5	mandatory	mandatory	ADJ
cblr-1693	495	6	clearing	clearing	NOUN
cblr-1693	495	7	of	of	ADP
cblr-1693	495	8	[	[	PUNCT
cblr-1693	495	9	security	security	NOUN
cblr-1693	495	10	-	-	PUNCT
cblr-1693	495	11	based	base	VERB
cblr-1693	495	12	]	]	PUNCT
cblr-1693	495	13	swaps	swap	NOUN
cblr-1693	495	14	that	that	PRON
cblr-1693	495	15	would	would	AUX
cblr-1693	495	16	specify	specify	VERB
cblr-1693	495	17	the	the	DET
cblr-1693	495	18	process	process	NOUN
cblr-1693	495	19	for	for	ADP
cblr-1693	495	20	a	a	DET
cblr-1693	495	21	registered	register	VERB
cblr-1693	495	22	clearing	clearing	NOUN
cblr-1693	495	23	agency	agency	NOUN
cblr-1693	495	24	’s	’s	PART
cblr-1693	495	25	submission	submission	NOUN
cblr-1693	495	26	for	for	ADP
cblr-1693	495	27	review	review	NOUN
cblr-1693	495	28	of	of	ADP
cblr-1693	495	29	[	[	PUNCT
cblr-1693	495	30	security	security	NOUN
cblr-1693	495	31	-	-	PUNCT
cblr-1693	495	32	based	base	VERB
cblr-1693	495	33	]	]	PUNCT
cblr-1693	495	34	swaps	swap	NOUN
cblr-1693	495	35	that	that	SCONJ
cblr-1693	495	36	the	the	DET
cblr-1693	495	37	clearing	clearing	NOUN
cblr-1693	495	38	agency	agency	NOUN
cblr-1693	495	39	plans	plan	VERB
cblr-1693	495	40	to	to	PART
cblr-1693	495	41	accept	accept	VERB
cblr-1693	495	42	for	for	ADP
cblr-1693	495	43	clearing	clear	VERB
cblr-1693	495	44	[	[	X
cblr-1693	495	45	.	.	X
cblr-1693	495	46	]	]	X
cblr-1693	495	47	”	"	PUNCT
cblr-1693	495	48	)	)	PUNCT
cblr-1693	495	49	.	.	PUNCT
cblr-1693	496	1	118	118	NUM
cblr-1693	497	1	i	i	NOUN
cblr-1693	497	2	d.	d.	PROPN
cblr-1693	497	3	at	at	ADP
cblr-1693	497	4	35,635	35,635	NUM
cblr-1693	497	5	(	(	PUNCT
cblr-1693	497	6	“	"	PUNCT
cblr-1693	497	7	[	[	X
cblr-1693	497	8	t]he	t]he	PROPN
cblr-1693	497	9	[	[	X
cblr-1693	497	10	sec	sec	X
cblr-1693	497	11	]	]	X
cblr-1693	497	12	believes	believe	VERB
cblr-1693	497	13	it	it	PRON
cblr-1693	497	14	may	may	AUX
cblr-1693	497	15	be	be	AUX
cblr-1693	497	16	appropriate	appropriate	ADJ
cblr-1693	497	17	for	for	SCONJ
cblr-1693	497	18	the	the	DET
cblr-1693	497	19	procedural	procedural	ADJ
cblr-1693	497	20	rules	rule	NOUN
cblr-1693	497	21	related	relate	VERB
cblr-1693	497	22	to	to	ADP
cblr-1693	497	23	mandatory	mandatory	ADJ
cblr-1693	497	24	clearing	clearing	NOUN
cblr-1693	497	25	determinations	determination	NOUN
cblr-1693	497	26	to	to	PART
cblr-1693	497	27	be	be	AUX
cblr-1693	497	28	adopted	adopt	VERB
cblr-1693	497	29	before	before	SCONJ
cblr-1693	497	30	the	the	DET
cblr-1693	497	31	rules	rule	NOUN
cblr-1693	497	32	further	far	ADV
cblr-1693	497	33	defining	define	VERB
cblr-1693	497	34	the	the	DET
cblr-1693	497	35	terms	term	NOUN
cblr-1693	497	36	‘	'	PUNCT
cblr-1693	497	37	swap	swap	NOUN
cblr-1693	497	38	,	,	PUNCT
cblr-1693	497	39	’	'	PUNCT
cblr-1693	497	40	‘	'	PUNCT
cblr-1693	497	41	security	security	NOUN
cblr-1693	497	42	-	-	PUNCT
cblr-1693	497	43	based	base	VERB
cblr-1693	497	44	swap	swap	NOUN
cblr-1693	497	45	,	,	PUNCT
cblr-1693	497	46	’	'	PUNCT
cblr-1693	497	47	‘	'	PUNCT
cblr-1693	497	48	security	security	NOUN
cblr-1693	497	49	-	-	PUNCT
cblr-1693	497	50	based	base	VERB
cblr-1693	497	51	swap	swap	NOUN
cblr-1693	497	52	agreement	agreement	NOUN
cblr-1693	497	53	,	,	PUNCT
cblr-1693	497	54	’	'	PUNCT
cblr-1693	497	55	and	and	CCONJ
cblr-1693	497	56	‘	'	PUNCT
cblr-1693	497	57	mixed	mixed	ADJ
cblr-1693	497	58	swap	swap	NOUN
cblr-1693	497	59	’	'	PUNCT
cblr-1693	497	60	are	be	AUX
cblr-1693	497	61	adopted	adopt	VERB
cblr-1693	497	62	and/or	and/or	CCONJ
cblr-1693	497	63	effective	effective	ADJ
cblr-1693	497	64	or	or	CCONJ
cblr-1693	497	65	before	before	SCONJ
cblr-1693	497	66	the	the	DET
cblr-1693	497	67	cross	cross	ADJ
cblr-1693	497	68	-	-	ADJ
cblr-1693	497	69	border	border	ADJ
cblr-1693	497	70	rules	rule	NOUN
cblr-1693	497	71	are	be	AUX
cblr-1693	497	72	proposed	propose	VERB
cblr-1693	497	73	.	.	PUNCT
cblr-1693	497	74	”	"	PUNCT
cblr-1693	497	75	)	)	PUNCT
cblr-1693	497	76	.	.	PUNCT
cblr-1693	498	1	119	119	NUM
cblr-1693	499	1	i	i	PRON
cblr-1693	499	2	d.	d.	PROPN
cblr-1693	499	3	120	120	NUM
cblr-1693	499	4	see	see	VERB
cblr-1693	499	5	clearing	clear	VERB
cblr-1693	499	6	agency	agency	NOUN
cblr-1693	499	7	standards	standard	NOUN
cblr-1693	499	8	,	,	PUNCT
cblr-1693	499	9	77	77	NUM
cblr-1693	499	10	fed	fed	PROPN
cblr-1693	499	11	.	.	PUNCT
cblr-1693	500	1	reg	reg	PROPN
cblr-1693	500	2	.	.	PROPN
cblr-1693	500	3	66,220	66,220	NUM
cblr-1693	500	4	,	,	PUNCT
cblr-1693	500	5	66,220–23	66,220–23	PROPN
cblr-1693	500	6	(	(	PUNCT
cblr-1693	500	7	nov	nov	PROPN
cblr-1693	500	8	.	.	PROPN
cblr-1693	500	9	2	2	NUM
cblr-1693	500	10	,	,	PUNCT
cblr-1693	500	11	2012	2012	NUM
cblr-1693	500	12	)	)	PUNCT
cblr-1693	500	13	(	(	PUNCT
cblr-1693	500	14	to	to	PART
cblr-1693	500	15	be	be	AUX
cblr-1693	500	16	codified	codify	VERB
cblr-1693	500	17	at	at	ADP
cblr-1693	500	18	17	17	NUM
cblr-1693	500	19	c.f.r	c.f.r	NOUN
cblr-1693	500	20	.	.	PUNCT
cblr-1693	501	1	pt	pt	PROPN
cblr-1693	501	2	.	.	PROPN
cblr-1693	501	3	240	240	NUM
cblr-1693	501	4	)	)	PUNCT
cblr-1693	501	5	.	.	PUNCT
cblr-1693	502	1	280	280	NUM
cblr-1693	502	2	columbia	columbia	PROPN
cblr-1693	502	3	business	business	NOUN
cblr-1693	502	4	law	law	NOUN
cblr-1693	502	5	review	review	NOUN
cblr-1693	503	1	[	[	X
cblr-1693	503	2	vol	vol	NOUN
cblr-1693	503	3	.	.	NOUN
cblr-1693	503	4	2019	2019	NUM
cblr-1693	503	5	while	while	SCONJ
cblr-1693	503	6	the	the	DET
cblr-1693	503	7	sec	sec	PROPN
cblr-1693	503	8	proposed	propose	VERB
cblr-1693	503	9	the	the	DET
cblr-1693	503	10	end	end	NOUN
cblr-1693	503	11	-	-	PUNCT
cblr-1693	503	12	user	user	NOUN
cblr-1693	503	13	clearing	clearing	NOUN
cblr-1693	503	14	exception	exception	NOUN
cblr-1693	503	15	in	in	ADP
cblr-1693	503	16	2010	2010	NUM
cblr-1693	503	17	,	,	PUNCT
cblr-1693	503	18	it	it	PRON
cblr-1693	503	19	still	still	ADV
cblr-1693	503	20	has	have	AUX
cblr-1693	503	21	not	not	PART
cblr-1693	503	22	finalized	finalize	VERB
cblr-1693	503	23	the	the	DET
cblr-1693	503	24	rule.121	rule.121	NOUN
cblr-1693	503	25	although	although	SCONJ
cblr-1693	503	26	the	the	DET
cblr-1693	503	27	sec	sec	PROPN
cblr-1693	503	28	is	be	AUX
cblr-1693	503	29	not	not	PART
cblr-1693	503	30	accepting	accept	VERB
cblr-1693	503	31	submissions	submission	NOUN
cblr-1693	503	32	,	,	PUNCT
cblr-1693	503	33	it	it	PRON
cblr-1693	503	34	finalized	finalize	VERB
cblr-1693	503	35	the	the	DET
cblr-1693	503	36	sec	sec	PROPN
cblr-1693	503	37	process	process	NOUN
cblr-1693	503	38	rule	rule	NOUN
cblr-1693	503	39	(	(	PUNCT
cblr-1693	503	40	which	which	PRON
cblr-1693	503	41	specifies	specify	VERB
cblr-1693	503	42	the	the	DET
cblr-1693	503	43	mechanism	mechanism	NOUN
cblr-1693	503	44	for	for	ADP
cblr-1693	503	45	submissions	submission	NOUN
cblr-1693	503	46	that	that	PRON
cblr-1693	503	47	would	would	AUX
cblr-1693	503	48	be	be	AUX
cblr-1693	503	49	used	use	VERB
cblr-1693	503	50	)	)	PUNCT
cblr-1693	503	51	shortly	shortly	ADV
cblr-1693	503	52	after	after	SCONJ
cblr-1693	503	53	the	the	DET
cblr-1693	503	54	timeline	timeline	NOUN
cblr-1693	503	55	’s	’s	PART
cblr-1693	503	56	release.122	release.122	NOUN
cblr-1693	503	57	as	as	ADP
cblr-1693	503	58	under	under	ADP
cblr-1693	503	59	the	the	DET
cblr-1693	503	60	cftc	cftc	PROPN
cblr-1693	503	61	process	process	NOUN
cblr-1693	503	62	rule	rule	NOUN
cblr-1693	503	63	,	,	PUNCT
cblr-1693	503	64	the	the	DET
cblr-1693	503	65	sec	sec	PROPN
cblr-1693	503	66	process	process	NOUN
cblr-1693	503	67	rule	rule	NOUN
cblr-1693	503	68	obligates	obligate	VERB
cblr-1693	503	69	registered	registered	ADJ
cblr-1693	503	70	clearing	clearing	NOUN
cblr-1693	503	71	agencies	agency	NOUN
cblr-1693	503	72	to	to	PART
cblr-1693	503	73	submit	submit	VERB
cblr-1693	503	74	any	any	DET
cblr-1693	503	75	security	security	NOUN
cblr-1693	503	76	-	-	PUNCT
cblr-1693	503	77	based	base	VERB
cblr-1693	503	78	swap	swap	NOUN
cblr-1693	503	79	they	they	PRON
cblr-1693	503	80	plan	plan	VERB
cblr-1693	503	81	to	to	PART
cblr-1693	503	82	accept	accept	VERB
cblr-1693	503	83	for	for	ADP
cblr-1693	503	84	clearing.123	clearing.123	PROPN
cblr-1693	503	85	each	each	DET
cblr-1693	503	86	submission	submission	NOUN
cblr-1693	503	87	must	must	AUX
cblr-1693	503	88	contain	contain	VERB
cblr-1693	503	89	certain	certain	ADJ
cblr-1693	503	90	information	information	NOUN
cblr-1693	503	91	to	to	PART
cblr-1693	503	92	assist	assist	VERB
cblr-1693	503	93	the	the	DET
cblr-1693	503	94	sec	sec	PROPN
cblr-1693	503	95	in	in	ADP
cblr-1693	503	96	evaluating	evaluate	VERB
cblr-1693	503	97	the	the	DET
cblr-1693	503	98	five	five	NUM
cblr-1693	503	99	factors	factor	NOUN
cblr-1693	503	100	from	from	ADP
cblr-1693	503	101	title	title	NOUN
cblr-1693	503	102	vii.124	vii.124	NOUN
cblr-1693	503	103	however	however	ADV
cblr-1693	503	104	,	,	PUNCT
cblr-1693	503	105	unlike	unlike	ADP
cblr-1693	503	106	the	the	DET
cblr-1693	503	107	cftc	cftc	PROPN
cblr-1693	503	108	,	,	PUNCT
cblr-1693	503	109	the	the	DET
cblr-1693	503	110	sec	sec	PROPN
cblr-1693	503	111	included	include	VERB
cblr-1693	503	112	no	no	DET
cblr-1693	503	113	timeframe	timeframe	NOUN
cblr-1693	503	114	within	within	ADP
cblr-1693	503	115	which	which	PRON
cblr-1693	503	116	review	review	NOUN
cblr-1693	503	117	must	must	AUX
cblr-1693	503	118	be	be	AUX
cblr-1693	503	119	conducted	conduct	VERB
cblr-1693	503	120	or	or	CCONJ
cblr-1693	503	121	a	a	DET
cblr-1693	503	122	determination	determination	NOUN
cblr-1693	503	123	must	must	AUX
cblr-1693	503	124	be	be	AUX
cblr-1693	503	125	issued.125	issued.125	NOUN
cblr-1693	503	126	further	far	ADV
cblr-1693	503	127	,	,	PUNCT
cblr-1693	503	128	the	the	DET
cblr-1693	503	129	sec	sec	PROPN
cblr-1693	503	130	’s	’s	PART
cblr-1693	503	131	general	general	ADJ
cblr-1693	503	132	approach	approach	NOUN
cblr-1693	503	133	differed	differ	VERB
cblr-1693	503	134	from	from	ADP
cblr-1693	503	135	the	the	DET
cblr-1693	503	136	cftc	cftc	PROPN
cblr-1693	503	137	’s	’s	PART
cblr-1693	503	138	structure	structure	NOUN
cblr-1693	503	139	significantly	significantly	ADV
cblr-1693	503	140	:	:	PUNCT
cblr-1693	503	141	neither	neither	CCONJ
cblr-1693	503	142	the	the	DET
cblr-1693	503	143	sec	sec	PROPN
cblr-1693	503	144	process	process	NOUN
cblr-1693	503	145	rule	rule	NOUN
cblr-1693	503	146	—	—	PUNCT
cblr-1693	503	147	nor	nor	CCONJ
cblr-1693	503	148	any	any	DET
cblr-1693	503	149	other	other	ADJ
cblr-1693	503	150	sec	sec	PROPN
cblr-1693	503	151	release	release	NOUN
cblr-1693	503	152	—	—	PUNCT
cblr-1693	503	153	provided	provide	VERB
cblr-1693	503	154	insight	insight	NOUN
cblr-1693	503	155	into	into	ADP
cblr-1693	503	156	the	the	DET
cblr-1693	503	157	sec	sec	PROPN
cblr-1693	503	158	’s	’s	PART
cblr-1693	503	159	operation	operation	NOUN
cblr-1693	503	160	of	of	ADP
cblr-1693	503	161	commission	commission	NOUN
cblr-1693	503	162	-	-	PUNCT
cblr-1693	503	163	initiated	initiate	VERB
cblr-1693	503	164	review.126	review.126	NOUN
cblr-1693	503	165	in	in	ADP
cblr-1693	503	166	the	the	DET
cblr-1693	503	167	exemptive	exemptive	NOUN
cblr-1693	503	168	order	order	NOUN
cblr-1693	503	169	,	,	PUNCT
cblr-1693	503	170	the	the	DET
cblr-1693	503	171	sec	sec	PROPN
cblr-1693	503	172	categorizes	categorize	VERB
cblr-1693	503	173	title	title	NOUN
cblr-1693	503	174	vii	vii	PROPN
cblr-1693	503	175	’s	’s	PART
cblr-1693	503	176	requirement	requirement	NOUN
cblr-1693	503	177	of	of	ADP
cblr-1693	503	178	commission	commission	NOUN
cblr-1693	503	179	-	-	PUNCT
cblr-1693	503	180	initiated	initiate	VERB
cblr-1693	503	181	review	review	NOUN
cblr-1693	503	182	as	as	SCONJ
cblr-1693	503	183	“	"	PUNCT
cblr-1693	503	184	authorizes	authorize	VERB
cblr-1693	503	185	/directs	/direct	NOUN
cblr-1693	504	1	[	[	X
cblr-1693	504	2	sec	sec	X
cblr-1693	504	3	]	]	X
cblr-1693	504	4	action,”127	action,”127	NOUN
cblr-1693	504	5	correctly	correctly	ADV
cblr-1693	504	6	indicating	indicate	VERB
cblr-1693	504	7	that	that	SCONJ
cblr-1693	504	8	the	the	DET
cblr-1693	504	9	statutory	statutory	ADJ
cblr-1693	504	10	provision	provision	NOUN
cblr-1693	504	11	121	121	NUM
cblr-1693	504	12	see	see	VERB
cblr-1693	504	13	end	end	NOUN
cblr-1693	504	14	-	-	PUNCT
cblr-1693	504	15	user	user	NOUN
cblr-1693	504	16	exception	exception	NOUN
cblr-1693	504	17	to	to	ADP
cblr-1693	504	18	mandatory	mandatory	ADJ
cblr-1693	504	19	clearing	clearing	NOUN
cblr-1693	504	20	of	of	ADP
cblr-1693	504	21	security	security	NOUN
cblr-1693	504	22	-	-	PUNCT
cblr-1693	504	23	based	base	VERB
cblr-1693	504	24	swaps	swap	NOUN
cblr-1693	504	25	,	,	PUNCT
cblr-1693	504	26	75	75	NUM
cblr-1693	504	27	fed	feed	VERB
cblr-1693	504	28	.	.	PUNCT
cblr-1693	505	1	reg	reg	PROPN
cblr-1693	505	2	.	.	PUNCT
cblr-1693	506	1	79,992	79,992	NUM
cblr-1693	506	2	(	(	PUNCT
cblr-1693	506	3	proposed	propose	VERB
cblr-1693	506	4	dec	dec	PROPN
cblr-1693	506	5	.	.	PROPN
cblr-1693	506	6	21	21	NUM
cblr-1693	506	7	,	,	PUNCT
cblr-1693	506	8	2010	2010	NUM
cblr-1693	506	9	)	)	PUNCT
cblr-1693	506	10	(	(	PUNCT
cblr-1693	506	11	to	to	PART
cblr-1693	506	12	be	be	AUX
cblr-1693	506	13	codified	codify	VERB
cblr-1693	506	14	at	at	ADP
cblr-1693	506	15	17	17	NUM
cblr-1693	506	16	c.f.r	c.f.r	NOUN
cblr-1693	506	17	.	.	PUNCT
cblr-1693	507	1	pt	pt	PROPN
cblr-1693	507	2	.	.	PROPN
cblr-1693	507	3	240	240	NUM
cblr-1693	507	4	)	)	PUNCT
cblr-1693	507	5	.	.	PUNCT
cblr-1693	508	1	122	122	NUM
cblr-1693	508	2	see	see	VERB
cblr-1693	508	3	process	process	NOUN
cblr-1693	508	4	for	for	ADP
cblr-1693	508	5	submissions	submission	NOUN
cblr-1693	508	6	for	for	ADP
cblr-1693	508	7	review	review	NOUN
cblr-1693	508	8	of	of	ADP
cblr-1693	508	9	security	security	NOUN
cblr-1693	508	10	-	-	PUNCT
cblr-1693	508	11	based	base	VERB
cblr-1693	508	12	swaps	swap	NOUN
cblr-1693	508	13	for	for	ADP
cblr-1693	508	14	mandatory	mandatory	ADJ
cblr-1693	508	15	clearing	clearing	NOUN
cblr-1693	508	16	and	and	CCONJ
cblr-1693	508	17	notice	notice	VERB
cblr-1693	508	18	filing	filing	NOUN
cblr-1693	508	19	requirements	requirement	NOUN
cblr-1693	508	20	for	for	ADP
cblr-1693	508	21	clearing	clear	VERB
cblr-1693	508	22	agencies	agency	NOUN
cblr-1693	508	23	;	;	PUNCT
cblr-1693	508	24	technical	technical	ADJ
cblr-1693	508	25	amendments	amendment	NOUN
cblr-1693	508	26	to	to	PART
cblr-1693	508	27	rule	rule	VERB
cblr-1693	508	28	19b-4	19b-4	NOUN
cblr-1693	508	29	and	and	CCONJ
cblr-1693	508	30	form	form	VERB
cblr-1693	508	31	19b-4	19b-4	NOUN
cblr-1693	508	32	applicable	applicable	ADJ
cblr-1693	508	33	to	to	ADP
cblr-1693	508	34	all	all	DET
cblr-1693	508	35	selfregulatory	selfregulatory	ADJ
cblr-1693	508	36	organizations	organization	NOUN
cblr-1693	508	37	,	,	PUNCT
cblr-1693	508	38	77	77	NUM
cblr-1693	508	39	fed	fed	PROPN
cblr-1693	508	40	.	.	PUNCT
cblr-1693	509	1	reg	reg	PROPN
cblr-1693	509	2	.	.	PUNCT
cblr-1693	510	1	41,602	41,602	NUM
cblr-1693	510	2	(	(	PUNCT
cblr-1693	510	3	july	july	PROPN
cblr-1693	510	4	13	13	NUM
cblr-1693	510	5	,	,	PUNCT
cblr-1693	510	6	2012	2012	NUM
cblr-1693	510	7	)	)	PUNCT
cblr-1693	510	8	(	(	PUNCT
cblr-1693	510	9	to	to	PART
cblr-1693	510	10	be	be	AUX
cblr-1693	510	11	codified	codify	VERB
cblr-1693	510	12	at	at	ADP
cblr-1693	510	13	17	17	NUM
cblr-1693	510	14	c.f.r	c.f.r	NOUN
cblr-1693	510	15	.	.	PUNCT
cblr-1693	511	1	pts	pts	PROPN
cblr-1693	511	2	.	.	PROPN
cblr-1693	511	3	240	240	NUM
cblr-1693	511	4	,	,	PUNCT
cblr-1693	511	5	249	249	NUM
cblr-1693	511	6	)	)	PUNCT
cblr-1693	511	7	.	.	PUNCT
cblr-1693	512	1	123	123	NUM
cblr-1693	512	2	17	17	NUM
cblr-1693	512	3	c.f.r	c.f.r	NOUN
cblr-1693	512	4	.	.	PUNCT
cblr-1693	513	1	§	§	PROPN
cblr-1693	513	2	240.19b-4(o)(1	240.19b-4(o)(1	NUM
cblr-1693	513	3	)	)	PUNCT
cblr-1693	513	4	(	(	PUNCT
cblr-1693	513	5	2018	2018	NUM
cblr-1693	513	6	)	)	PUNCT
cblr-1693	513	7	.	.	PUNCT
cblr-1693	514	1	124	124	NUM
cblr-1693	514	2	see	see	VERB
cblr-1693	514	3	i	i	PROPN
cblr-1693	514	4	d.	d.	PROPN
cblr-1693	514	5	§	§	PROPN
cblr-1693	514	6	240.19b-4(o)(2)–(3	240.19b-4(o)(2)–(3	PROPN
cblr-1693	514	7	)	)	PUNCT
cblr-1693	514	8	;	;	PUNCT
cblr-1693	514	9	see	see	VERB
cblr-1693	514	10	also	also	ADV
cblr-1693	514	11	15	15	NUM
cblr-1693	514	12	u.s.c	u.s.c	ADJ
cblr-1693	514	13	.	.	PUNCT
cblr-1693	515	1	§	§	PROPN
cblr-1693	515	2	78c-3(b)(4)(b	78c-3(b)(4)(b	NUM
cblr-1693	515	3	)	)	PUNCT
cblr-1693	515	4	(	(	PUNCT
cblr-1693	515	5	2012	2012	NUM
cblr-1693	515	6	)	)	PUNCT
cblr-1693	515	7	(	(	PUNCT
cblr-1693	515	8	containing	contain	VERB
cblr-1693	515	9	the	the	DET
cblr-1693	515	10	five	five	NUM
cblr-1693	515	11	factors	factor	NOUN
cblr-1693	515	12	to	to	PART
cblr-1693	515	13	consider	consider	VERB
cblr-1693	515	14	in	in	ADP
cblr-1693	515	15	review	review	NOUN
cblr-1693	515	16	)	)	PUNCT
cblr-1693	515	17	.	.	PUNCT
cblr-1693	516	1	125	125	NUM
cblr-1693	516	2	see	see	VERB
cblr-1693	516	3	generally	generally	ADV
cblr-1693	516	4	17	17	NUM
cblr-1693	516	5	c.f.r	c.f.r	NOUN
cblr-1693	516	6	.	.	PUNCT
cblr-1693	517	1	§	§	PROPN
cblr-1693	517	2	240.19b-4(o	240.19b-4(o	NUM
cblr-1693	517	3	)	)	PUNCT
cblr-1693	517	4	.	.	PUNCT
cblr-1693	518	1	126	126	NUM
cblr-1693	518	2	see	see	VERB
cblr-1693	518	3	generally	generally	ADV
cblr-1693	518	4	process	process	NOUN
cblr-1693	518	5	for	for	ADP
cblr-1693	518	6	submissions	submission	NOUN
cblr-1693	518	7	for	for	ADP
cblr-1693	518	8	review	review	NOUN
cblr-1693	518	9	of	of	ADP
cblr-1693	518	10	security	security	NOUN
cblr-1693	518	11	-	-	PUNCT
cblr-1693	518	12	based	base	VERB
cblr-1693	518	13	swaps	swap	NOUN
cblr-1693	518	14	for	for	ADP
cblr-1693	518	15	mandatory	mandatory	ADJ
cblr-1693	518	16	clearing	clearing	NOUN
cblr-1693	518	17	and	and	CCONJ
cblr-1693	518	18	notice	notice	VERB
cblr-1693	518	19	filing	filing	NOUN
cblr-1693	518	20	requirements	requirement	NOUN
cblr-1693	518	21	for	for	ADP
cblr-1693	518	22	clearing	clear	VERB
cblr-1693	518	23	agencies	agency	NOUN
cblr-1693	518	24	;	;	PUNCT
cblr-1693	518	25	technical	technical	ADJ
cblr-1693	518	26	amendments	amendment	NOUN
cblr-1693	518	27	to	to	PART
cblr-1693	518	28	rule	rule	VERB
cblr-1693	518	29	19b-4	19b-4	NOUN
cblr-1693	518	30	and	and	CCONJ
cblr-1693	518	31	form	form	VERB
cblr-1693	518	32	19b-4	19b-4	NOUN
cblr-1693	518	33	applicable	applicable	ADJ
cblr-1693	518	34	to	to	ADP
cblr-1693	518	35	all	all	DET
cblr-1693	518	36	self	self	NOUN
cblr-1693	518	37	-	-	PUNCT
cblr-1693	518	38	regulatory	regulatory	ADJ
cblr-1693	518	39	organizations	organization	NOUN
cblr-1693	518	40	,	,	PUNCT
cblr-1693	518	41	77	77	NUM
cblr-1693	518	42	fed	fed	PROPN
cblr-1693	518	43	.	.	PUNCT
cblr-1693	519	1	reg	reg	PROPN
cblr-1693	519	2	.	.	PUNCT
cblr-1693	520	1	41,602	41,602	NUM
cblr-1693	520	2	(	(	PUNCT
cblr-1693	520	3	july	july	PROPN
cblr-1693	520	4	13	13	NUM
cblr-1693	520	5	,	,	PUNCT
cblr-1693	520	6	2012	2012	NUM
cblr-1693	520	7	)	)	PUNCT
cblr-1693	520	8	(	(	PUNCT
cblr-1693	520	9	to	to	PART
cblr-1693	520	10	be	be	AUX
cblr-1693	520	11	codified	codify	VERB
cblr-1693	520	12	at	at	ADP
cblr-1693	520	13	17	17	NUM
cblr-1693	520	14	c.f.r	c.f.r	NOUN
cblr-1693	520	15	.	.	PUNCT
cblr-1693	521	1	pts	pts	PROPN
cblr-1693	521	2	.	.	PROPN
cblr-1693	521	3	240	240	NUM
cblr-1693	521	4	,	,	PUNCT
cblr-1693	521	5	249	249	NUM
cblr-1693	521	6	)	)	PUNCT
cblr-1693	521	7	.	.	PUNCT
cblr-1693	522	1	127	127	NUM
cblr-1693	522	2	see	see	VERB
cblr-1693	522	3	temporary	temporary	ADJ
cblr-1693	522	4	exemptions	exemption	NOUN
cblr-1693	522	5	and	and	CCONJ
cblr-1693	522	6	other	other	ADJ
cblr-1693	522	7	temporary	temporary	ADJ
cblr-1693	522	8	relief	relief	NOUN
cblr-1693	522	9	,	,	PUNCT
cblr-1693	522	10	together	together	ADV
cblr-1693	522	11	with	with	ADP
cblr-1693	522	12	information	information	NOUN
cblr-1693	522	13	on	on	ADP
cblr-1693	522	14	compliance	compliance	NOUN
cblr-1693	522	15	dates	date	NOUN
cblr-1693	522	16	for	for	ADP
cblr-1693	522	17	new	new	ADJ
cblr-1693	522	18	provisions	provision	NOUN
cblr-1693	522	19	of	of	ADP
cblr-1693	522	20	the	the	DET
cblr-1693	522	21	securities	securities	PROPN
cblr-1693	522	22	exchange	exchange	PROPN
cblr-1693	522	23	act	act	NOUN
cblr-1693	522	24	of	of	ADP
cblr-1693	522	25	1934	1934	NUM
cblr-1693	522	26	applicable	applicable	ADJ
cblr-1693	522	27	to	to	ADP
cblr-1693	522	28	security	security	NOUN
cblr-1693	522	29	-	-	PUNCT
cblr-1693	522	30	based	base	VERB
cblr-1693	522	31	swaps	swap	NOUN
cblr-1693	522	32	,	,	PUNCT
cblr-1693	522	33	76	76	NUM
cblr-1693	522	34	fed	fed	PROPN
cblr-1693	522	35	.	.	PUNCT
cblr-1693	523	1	reg	reg	PROPN
cblr-1693	523	2	.	.	PROPN
cblr-1693	523	3	36,287	36,287	NUM
cblr-1693	523	4	,	,	PUNCT
cblr-1693	523	5	36,290	36,290	NUM
cblr-1693	523	6	(	(	PUNCT
cblr-1693	523	7	june	june	PROPN
cblr-1693	523	8	22	22	NUM
cblr-1693	523	9	,	,	PUNCT
cblr-1693	523	10	2011	2011	NUM
cblr-1693	523	11	)	)	PUNCT
cblr-1693	523	12	(	(	PUNCT
cblr-1693	523	13	to	to	PART
cblr-1693	523	14	be	be	AUX
cblr-1693	523	15	codified	codify	VERB
cblr-1693	523	16	at	at	ADP
cblr-1693	523	17	17	17	NUM
cblr-1693	523	18	c.f.r	c.f.r	NOUN
cblr-1693	523	19	.	.	PUNCT
cblr-1693	524	1	pt	pt	PROPN
cblr-1693	524	2	.	.	PROPN
cblr-1693	524	3	240	240	NUM
cblr-1693	524	4	)	)	PUNCT
cblr-1693	524	5	.	.	PUNCT
cblr-1693	525	1	no	no	INTJ
cblr-1693	525	2	.	.	PUNCT
cblr-1693	526	1	1:252	1:252	NUM
cblr-1693	526	2	]	]	X
cblr-1693	526	3	to	to	PART
cblr-1693	526	4	clear	clear	ADJ
cblr-1693	526	5	or	or	CCONJ
cblr-1693	526	6	not	not	PART
cblr-1693	526	7	to	to	PART
cblr-1693	526	8	clear	clear	VERB
cblr-1693	526	9	281	281	NUM
cblr-1693	526	10	requires	require	VERB
cblr-1693	526	11	the	the	DET
cblr-1693	526	12	sec	sec	PROPN
cblr-1693	526	13	,	,	PUNCT
cblr-1693	526	14	not	not	PART
cblr-1693	526	15	market	market	NOUN
cblr-1693	526	16	participants	participant	NOUN
cblr-1693	526	17	,	,	PUNCT
cblr-1693	526	18	to	to	PART
cblr-1693	526	19	act.128	act.128	VERB
cblr-1693	526	20	accordingly	accordingly	ADV
cblr-1693	526	21	,	,	PUNCT
cblr-1693	526	22	the	the	DET
cblr-1693	526	23	provision	provision	NOUN
cblr-1693	526	24	does	do	AUX
cblr-1693	526	25	not	not	PART
cblr-1693	526	26	require	require	VERB
cblr-1693	526	27	compliance	compliance	NOUN
cblr-1693	526	28	by	by	ADP
cblr-1693	526	29	relevant	relevant	ADJ
cblr-1693	526	30	financial	financial	ADJ
cblr-1693	526	31	institutions	institution	NOUN
cblr-1693	526	32	“	"	PUNCT
cblr-1693	526	33	unless	unless	SCONJ
cblr-1693	526	34	the	the	DET
cblr-1693	526	35	relevant	relevant	ADJ
cblr-1693	526	36	[	[	X
cblr-1693	526	37	sec	sec	NOUN
cblr-1693	526	38	]	]	X
cblr-1693	526	39	action	action	NOUN
cblr-1693	526	40	already	already	ADV
cblr-1693	526	41	has	have	AUX
cblr-1693	526	42	been	be	AUX
cblr-1693	526	43	undertaken	undertake	VERB
cblr-1693	526	44	.	.	PUNCT
cblr-1693	527	1	”129	”129	PROPN
cblr-1693	527	2	until	until	SCONJ
cblr-1693	527	3	the	the	DET
cblr-1693	527	4	sec	sec	PROPN
cblr-1693	527	5	takes	take	VERB
cblr-1693	527	6	actions	action	NOUN
cblr-1693	527	7	implementing	implement	VERB
cblr-1693	527	8	this	this	DET
cblr-1693	527	9	top	top	ADJ
cblr-1693	527	10	-	-	PUNCT
cblr-1693	527	11	down	down	ADP
cblr-1693	527	12	review	review	NOUN
cblr-1693	527	13	,	,	PUNCT
cblr-1693	527	14	regulated	regulated	ADJ
cblr-1693	527	15	entities	entity	NOUN
cblr-1693	527	16	(	(	PUNCT
cblr-1693	527	17	like	like	ADP
cblr-1693	527	18	those	those	PRON
cblr-1693	527	19	listed	list	VERB
cblr-1693	527	20	in	in	ADP
cblr-1693	527	21	the	the	DET
cblr-1693	527	22	cftc	cftc	PROPN
cblr-1693	527	23	process	process	NOUN
cblr-1693	527	24	rule	rule	NOUN
cblr-1693	527	25	)	)	PUNCT
cblr-1693	527	26	will	will	AUX
cblr-1693	527	27	have	have	VERB
cblr-1693	527	28	no	no	DET
cblr-1693	527	29	established	establish	VERB
cblr-1693	527	30	role	role	NOUN
cblr-1693	527	31	in	in	ADP
cblr-1693	527	32	providing	provide	VERB
cblr-1693	527	33	data	datum	NOUN
cblr-1693	527	34	to	to	PART
cblr-1693	527	35	inform	inform	VERB
cblr-1693	527	36	clearing	clearing	NOUN
cblr-1693	527	37	determinations	determination	NOUN
cblr-1693	527	38	,	,	PUNCT
cblr-1693	527	39	will	will	AUX
cblr-1693	527	40	receive	receive	VERB
cblr-1693	527	41	no	no	DET
cblr-1693	527	42	formal	formal	ADJ
cblr-1693	527	43	opportunity	opportunity	NOUN
cblr-1693	527	44	to	to	PART
cblr-1693	527	45	comment	comment	VERB
cblr-1693	527	46	on	on	ADP
cblr-1693	527	47	the	the	DET
cblr-1693	527	48	decision	decision	NOUN
cblr-1693	527	49	-	-	PUNCT
cblr-1693	527	50	making	make	VERB
cblr-1693	527	51	process	process	NOUN
cblr-1693	527	52	,	,	PUNCT
cblr-1693	527	53	and	and	CCONJ
cblr-1693	527	54	will	will	AUX
cblr-1693	527	55	have	have	VERB
cblr-1693	527	56	no	no	DET
cblr-1693	527	57	guidance	guidance	NOUN
cblr-1693	527	58	on	on	ADP
cblr-1693	527	59	if	if	SCONJ
cblr-1693	527	60	,	,	PUNCT
cblr-1693	527	61	or	or	CCONJ
cblr-1693	527	62	how	how	SCONJ
cblr-1693	527	63	,	,	PUNCT
cblr-1693	527	64	such	such	ADJ
cblr-1693	527	65	determinations	determination	NOUN
cblr-1693	527	66	will	will	AUX
cblr-1693	527	67	be	be	AUX
cblr-1693	527	68	made	make	VERB
cblr-1693	527	69	in	in	ADP
cblr-1693	527	70	the	the	DET
cblr-1693	527	71	future	future	NOUN
cblr-1693	527	72	.	.	PUNCT
cblr-1693	528	1	the	the	DET
cblr-1693	528	2	sec	sec	PROPN
cblr-1693	528	3	process	process	NOUN
cblr-1693	528	4	rule	rule	NOUN
cblr-1693	528	5	does	do	AUX
cblr-1693	528	6	briefly	briefly	ADV
cblr-1693	528	7	mention	mention	VERB
cblr-1693	528	8	commissioninitiated	commissioninitiate	VERB
cblr-1693	528	9	review.130	review.130	ADV
cblr-1693	528	10	when	when	SCONJ
cblr-1693	528	11	discussing	discuss	VERB
cblr-1693	528	12	the	the	DET
cblr-1693	528	13	background	background	NOUN
cblr-1693	528	14	to	to	PART
cblr-1693	528	15	doddfrank	doddfrank	VERB
cblr-1693	528	16	and	and	CCONJ
cblr-1693	528	17	the	the	DET
cblr-1693	528	18	regulatory	regulatory	ADJ
cblr-1693	528	19	approaches	approach	NOUN
cblr-1693	528	20	prescribed	prescribe	VERB
cblr-1693	528	21	in	in	ADP
cblr-1693	528	22	title	title	NOUN
cblr-1693	528	23	vii	vii	PROPN
cblr-1693	528	24	,	,	PUNCT
cblr-1693	528	25	the	the	DET
cblr-1693	528	26	sec	sec	PROPN
cblr-1693	528	27	mentions	mention	NOUN
cblr-1693	528	28	in	in	ADP
cblr-1693	528	29	a	a	DET
cblr-1693	528	30	footnote	footnote	NOUN
cblr-1693	528	31	that	that	SCONJ
cblr-1693	528	32	“	"	PUNCT
cblr-1693	528	33	[	[	X
cblr-1693	528	34	t]he	t]he	ADV
cblr-1693	528	35	dodd	dodd	PROPN
cblr-1693	528	36	-	-	PUNCT
cblr-1693	528	37	frank	frank	PROPN
cblr-1693	528	38	act	act	NOUN
cblr-1693	528	39	does	do	AUX
cblr-1693	528	40	not	not	PART
cblr-1693	528	41	require	require	VERB
cblr-1693	528	42	rulemaking	rulemake	VERB
cblr-1693	528	43	with	with	ADP
cblr-1693	528	44	respect	respect	NOUN
cblr-1693	528	45	to	to	ADP
cblr-1693	528	46	commissioninitiated	commissioninitiate	VERB
cblr-1693	528	47	reviews	review	NOUN
cblr-1693	528	48	.	.	PUNCT
cblr-1693	529	1	”131	”131	PUNCT
cblr-1693	530	1	in	in	ADP
cblr-1693	530	2	response	response	NOUN
cblr-1693	530	3	to	to	ADP
cblr-1693	530	4	a	a	DET
cblr-1693	530	5	comment	comment	NOUN
cblr-1693	530	6	requesting	request	VERB
cblr-1693	530	7	that	that	SCONJ
cblr-1693	530	8	the	the	DET
cblr-1693	530	9	sec	sec	PROPN
cblr-1693	530	10	follow	follow	VERB
cblr-1693	530	11	the	the	DET
cblr-1693	530	12	cftc	cftc	PROPN
cblr-1693	530	13	’s	’s	PART
cblr-1693	530	14	approach	approach	NOUN
cblr-1693	530	15	and	and	CCONJ
cblr-1693	530	16	promulgate	promulgate	VERB
cblr-1693	530	17	rules	rule	NOUN
cblr-1693	530	18	on	on	ADP
cblr-1693	530	19	the	the	DET
cblr-1693	530	20	subject	subject	NOUN
cblr-1693	530	21	,	,	PUNCT
cblr-1693	530	22	the	the	DET
cblr-1693	530	23	sec	sec	PROPN
cblr-1693	530	24	makes	make	VERB
cblr-1693	530	25	the	the	DET
cblr-1693	530	26	same	same	ADJ
cblr-1693	530	27	point	point	NOUN
cblr-1693	530	28	;	;	PUNCT
cblr-1693	530	29	no	no	DET
cblr-1693	530	30	further	further	ADJ
cblr-1693	530	31	explanation	explanation	NOUN
cblr-1693	530	32	is	be	AUX
cblr-1693	530	33	provided.132	provided.132	NOUN
cblr-1693	530	34	the	the	DET
cblr-1693	530	35	sec	sec	PROPN
cblr-1693	530	36	merely	merely	ADV
cblr-1693	530	37	adds	add	VERB
cblr-1693	530	38	that	that	SCONJ
cblr-1693	530	39	“	"	PUNCT
cblr-1693	530	40	staff	staff	NOUN
cblr-1693	530	41	are	be	AUX
cblr-1693	530	42	in	in	ADP
cblr-1693	530	43	the	the	DET
cblr-1693	530	44	process	process	NOUN
cblr-1693	530	45	of	of	ADP
cblr-1693	530	46	determining	determine	VERB
cblr-1693	530	47	how	how	SCONJ
cblr-1693	530	48	these	these	DET
cblr-1693	530	49	reviews	review	NOUN
cblr-1693	530	50	will	will	AUX
cblr-1693	530	51	proceed	proceed	VERB
cblr-1693	530	52	.	.	PUNCT
cblr-1693	530	53	.	.	PUNCT
cblr-1693	530	54	.	.	PUNCT
cblr-1693	531	1	and	and	CCONJ
cblr-1693	531	2	whether	whether	SCONJ
cblr-1693	531	3	any	any	DET
cblr-1693	531	4	rulemaking	rulemaking	NOUN
cblr-1693	531	5	related	relate	VERB
cblr-1693	531	6	to	to	ADP
cblr-1693	531	7	these	these	DET
cblr-1693	531	8	reviews	review	NOUN
cblr-1693	531	9	is	be	AUX
cblr-1693	531	10	necessary	necessary	ADJ
cblr-1693	531	11	,	,	PUNCT
cblr-1693	531	12	either	either	CCONJ
cblr-1693	531	13	now	now	ADV
cblr-1693	531	14	or	or	CCONJ
cblr-1693	531	15	in	in	ADP
cblr-1693	531	16	the	the	DET
cblr-1693	531	17	future	future	NOUN
cblr-1693	531	18	.	.	PUNCT
cblr-1693	532	1	”133	”133	VERB
cblr-1693	532	2	despite	despite	SCONJ
cblr-1693	532	3	this	this	DET
cblr-1693	532	4	claim	claim	NOUN
cblr-1693	532	5	,	,	PUNCT
cblr-1693	532	6	there	there	PRON
cblr-1693	532	7	has	have	AUX
cblr-1693	532	8	been	be	AUX
cblr-1693	532	9	no	no	DET
cblr-1693	532	10	proposed	propose	VERB
cblr-1693	532	11	or	or	CCONJ
cblr-1693	532	12	finalized	finalize	VERB
cblr-1693	532	13	rule	rule	NOUN
cblr-1693	532	14	in	in	ADP
cblr-1693	532	15	the	the	DET
cblr-1693	532	16	time	time	NOUN
cblr-1693	532	17	since	since	SCONJ
cblr-1693	532	18	the	the	DET
cblr-1693	532	19	sec	sec	PROPN
cblr-1693	532	20	process	process	NOUN
cblr-1693	532	21	rule	rule	NOUN
cblr-1693	532	22	first	first	ADV
cblr-1693	532	23	referenced	reference	VERB
cblr-1693	532	24	commissioninitiated	commissioninitiate	VERB
cblr-1693	532	25	review	review	NOUN
cblr-1693	532	26	of	of	ADP
cblr-1693	532	27	security	security	NOUN
cblr-1693	532	28	-	-	PUNCT
cblr-1693	532	29	based	base	VERB
cblr-1693	532	30	swaps.134	swaps.134	NOUN
cblr-1693	532	31	additionally	additionally	ADV
cblr-1693	532	32	,	,	PUNCT
cblr-1693	532	33	the	the	DET
cblr-1693	532	34	sec	sec	PROPN
cblr-1693	532	35	’s	’s	PART
cblr-1693	532	36	online	online	ADJ
cblr-1693	532	37	summary	summary	NOUN
cblr-1693	532	38	of	of	ADP
cblr-1693	532	39	dodd	dodd	PROPN
cblr-1693	532	40	-	-	PUNCT
cblr-1693	532	41	frank	frank	ADJ
cblr-1693	532	42	implementation	implementation	NOUN
cblr-1693	532	43	does	do	VERB
cblr-1693	532	44	128	128	NUM
cblr-1693	533	1	i	i	PROPN
cblr-1693	533	2	d.	d.	PROPN
cblr-1693	533	3	at	at	ADP
cblr-1693	533	4	36,291	36,291	NUM
cblr-1693	533	5	n.36	n.36	X
cblr-1693	533	6	.	.	PROPN
cblr-1693	533	7	129	129	NUM
cblr-1693	534	1	i	i	PROPN
cblr-1693	534	2	d.	d.	PROPN
cblr-1693	534	3	130	130	NUM
cblr-1693	534	4	see	see	VERB
cblr-1693	534	5	generally	generally	ADV
cblr-1693	534	6	17	17	NUM
cblr-1693	534	7	c.f.r	c.f.r	NOUN
cblr-1693	534	8	.	.	PUNCT
cblr-1693	535	1	§	§	PROPN
cblr-1693	535	2	240.19b-4(o	240.19b-4(o	NUM
cblr-1693	535	3	)	)	PUNCT
cblr-1693	535	4	(	(	PUNCT
cblr-1693	535	5	2018	2018	NUM
cblr-1693	535	6	)	)	PUNCT
cblr-1693	535	7	.	.	PUNCT
cblr-1693	536	1	131	131	NUM
cblr-1693	536	2	see	see	VERB
cblr-1693	536	3	process	process	NOUN
cblr-1693	536	4	for	for	ADP
cblr-1693	536	5	submissions	submission	NOUN
cblr-1693	536	6	for	for	ADP
cblr-1693	536	7	review	review	NOUN
cblr-1693	536	8	of	of	ADP
cblr-1693	536	9	security	security	NOUN
cblr-1693	536	10	-	-	PUNCT
cblr-1693	536	11	based	base	VERB
cblr-1693	536	12	swaps	swap	NOUN
cblr-1693	536	13	for	for	ADP
cblr-1693	536	14	mandatory	mandatory	ADJ
cblr-1693	536	15	clearing	clearing	NOUN
cblr-1693	536	16	and	and	CCONJ
cblr-1693	536	17	notice	notice	VERB
cblr-1693	536	18	filing	filing	NOUN
cblr-1693	536	19	requirements	requirement	NOUN
cblr-1693	536	20	for	for	ADP
cblr-1693	536	21	clearing	clear	VERB
cblr-1693	536	22	agencies	agency	NOUN
cblr-1693	536	23	;	;	PUNCT
cblr-1693	536	24	technical	technical	ADJ
cblr-1693	536	25	amendments	amendment	NOUN
cblr-1693	536	26	to	to	PART
cblr-1693	536	27	rule	rule	VERB
cblr-1693	536	28	19b-4	19b-4	NOUN
cblr-1693	536	29	and	and	CCONJ
cblr-1693	536	30	form	form	VERB
cblr-1693	536	31	19b-4	19b-4	NOUN
cblr-1693	536	32	applicable	applicable	ADJ
cblr-1693	536	33	to	to	ADP
cblr-1693	536	34	all	all	DET
cblr-1693	536	35	selfregulatory	selfregulatory	ADJ
cblr-1693	536	36	organizations	organization	NOUN
cblr-1693	536	37	,	,	PUNCT
cblr-1693	536	38	77	77	NUM
cblr-1693	536	39	fed	fed	PROPN
cblr-1693	536	40	.	.	PUNCT
cblr-1693	537	1	reg	reg	PROPN
cblr-1693	537	2	.	.	PUNCT
cblr-1693	538	1	41,602	41,602	NUM
cblr-1693	538	2	,	,	PUNCT
cblr-1693	538	3	41,604	41,604	NUM
cblr-1693	538	4	n.16	n.16	PROPN
cblr-1693	538	5	(	(	PUNCT
cblr-1693	538	6	july	july	PROPN
cblr-1693	538	7	13	13	NUM
cblr-1693	538	8	,	,	PUNCT
cblr-1693	538	9	2012	2012	NUM
cblr-1693	538	10	)	)	PUNCT
cblr-1693	538	11	(	(	PUNCT
cblr-1693	538	12	to	to	PART
cblr-1693	538	13	be	be	AUX
cblr-1693	538	14	codified	codify	VERB
cblr-1693	538	15	at	at	ADP
cblr-1693	538	16	12	12	NUM
cblr-1693	538	17	c.f.r	c.f.r	NOUN
cblr-1693	538	18	.	.	PUNCT
cblr-1693	539	1	pts	pts	PROPN
cblr-1693	539	2	.	.	PROPN
cblr-1693	539	3	240	240	NUM
cblr-1693	539	4	,	,	PUNCT
cblr-1693	539	5	249	249	NUM
cblr-1693	539	6	)	)	PUNCT
cblr-1693	539	7	.	.	PUNCT
cblr-1693	540	1	132	132	NUM
cblr-1693	541	1	i	i	PRON
cblr-1693	541	2	d.	d.	PROPN
cblr-1693	541	3	at	at	ADP
cblr-1693	541	4	41,616	41,616	NUM
cblr-1693	541	5	(	(	PUNCT
cblr-1693	541	6	“	"	PUNCT
cblr-1693	541	7	the	the	DET
cblr-1693	541	8	[	[	X
cblr-1693	541	9	sec	sec	PROPN
cblr-1693	541	10	]	]	X
cblr-1693	541	11	notes	note	VERB
cblr-1693	541	12	that	that	SCONJ
cblr-1693	541	13	the	the	DET
cblr-1693	541	14	dodd	dodd	PROPN
cblr-1693	541	15	-	-	PUNCT
cblr-1693	541	16	frank	frank	PROPN
cblr-1693	541	17	act	act	NOUN
cblr-1693	541	18	does	do	AUX
cblr-1693	541	19	not	not	PART
cblr-1693	541	20	require	require	VERB
cblr-1693	541	21	rulemaking	rulemaking	NOUN
cblr-1693	541	22	regarding	regard	VERB
cblr-1693	541	23	commission	commission	NOUN
cblr-1693	541	24	-	-	PUNCT
cblr-1693	541	25	initiated	initiate	VERB
cblr-1693	541	26	reviews	review	NOUN
cblr-1693	541	27	.	.	PUNCT
cblr-1693	541	28	”	"	PUNCT
cblr-1693	541	29	)	)	PUNCT
cblr-1693	541	30	.	.	PUNCT
cblr-1693	542	1	133	133	NUM
cblr-1693	543	1	i	i	PRON
cblr-1693	543	2	d.	d.	PROPN
cblr-1693	543	3	134	134	NUM
cblr-1693	543	4	see	see	VERB
cblr-1693	543	5	generally	generally	ADV
cblr-1693	543	6	77–82	77–82	NUM
cblr-1693	543	7	fed	feed	VERB
cblr-1693	543	8	.	.	PUNCT
cblr-1693	544	1	reg	reg	PROPN
cblr-1693	544	2	.	.	PUNCT
cblr-1693	545	1	(	(	PUNCT
cblr-1693	545	2	2012–2017	2012–2017	NUM
cblr-1693	545	3	)	)	PUNCT
cblr-1693	545	4	.	.	PUNCT
cblr-1693	546	1	282	282	NUM
cblr-1693	546	2	columbia	columbia	PROPN
cblr-1693	546	3	business	business	NOUN
cblr-1693	546	4	law	law	PROPN
cblr-1693	546	5	review	review	NOUN
cblr-1693	546	6	[	[	X
cblr-1693	546	7	vol	vol	NOUN
cblr-1693	546	8	.	.	NOUN
cblr-1693	546	9	2019	2019	NUM
cblr-1693	546	10	not	not	PART
cblr-1693	546	11	indicate	indicate	VERB
cblr-1693	546	12	that	that	SCONJ
cblr-1693	546	13	any	any	DET
cblr-1693	546	14	rule	rule	NOUN
cblr-1693	546	15	on	on	ADP
cblr-1693	546	16	commission	commission	NOUN
cblr-1693	546	17	-	-	PUNCT
cblr-1693	546	18	initiated	initiate	VERB
cblr-1693	546	19	review	review	NOUN
cblr-1693	546	20	is	be	AUX
cblr-1693	546	21	proposed	propose	VERB
cblr-1693	546	22	or	or	CCONJ
cblr-1693	546	23	expected.135	expected.135	NOUN
cblr-1693	546	24	figure	figure	NOUN
cblr-1693	546	25	2	2	NUM
cblr-1693	546	26	.	.	PUNCT
cblr-1693	546	27	cftc	cftc	PROPN
cblr-1693	546	28	and	and	CCONJ
cblr-1693	546	29	sec	sec	PROPN
cblr-1693	546	30	approaches	approach	NOUN
cblr-1693	546	31	to	to	ADP
cblr-1693	546	32	mandatory	mandatory	ADJ
cblr-1693	546	33	central	central	ADJ
cblr-1693	546	34	clearing136	clearing136	PROPN
cblr-1693	546	35	cftc	cftc	PROPN
cblr-1693	546	36	sec	sec	PROPN
cblr-1693	546	37	jurisdiction	jurisdiction	NOUN
cblr-1693	546	38	swaps	swap	NOUN
cblr-1693	546	39	(	(	PUNCT
cblr-1693	546	40	~90	~90	NUM
cblr-1693	546	41	%	%	NOUN
cblr-1693	546	42	of	of	ADP
cblr-1693	546	43	the	the	DET
cblr-1693	546	44	otc	otc	PROPN
cblr-1693	546	45	derivatives	derivative	NOUN
cblr-1693	546	46	market	market	NOUN
cblr-1693	546	47	)	)	PUNCT
cblr-1693	546	48	security	security	NOUN
cblr-1693	546	49	-	-	PUNCT
cblr-1693	546	50	based	base	VERB
cblr-1693	546	51	swaps	swap	NOUN
cblr-1693	546	52	(	(	PUNCT
cblr-1693	546	53	~10	~10	ADP
cblr-1693	546	54	%	%	NOUN
cblr-1693	546	55	of	of	ADP
cblr-1693	546	56	the	the	DET
cblr-1693	546	57	otc	otc	PROPN
cblr-1693	546	58	derivatives	derivative	NOUN
cblr-1693	546	59	market	market	NOUN
cblr-1693	546	60	)	)	PUNCT
cblr-1693	546	61	submissions	submission	NOUN
cblr-1693	546	62	of	of	ADP
cblr-1693	546	63	voluntarily	voluntarily	ADV
cblr-1693	546	64	cleared	clear	VERB
cblr-1693	546	65	swaps	swap	NOUN
cblr-1693	546	66	currently	currently	ADV
cblr-1693	546	67	ongoing	ongoing	ADJ
cblr-1693	546	68	pending	pende	VERB
cblr-1693	546	69	finalization	finalization	NOUN
cblr-1693	546	70	of	of	ADP
cblr-1693	546	71	other	other	ADJ
cblr-1693	546	72	rules	rule	NOUN
cblr-1693	546	73	submissions	submission	NOUN
cblr-1693	546	74	made	make	VERB
cblr-1693	546	75	publicly	publicly	ADV
cblr-1693	546	76	available	available	ADJ
cblr-1693	546	77	?	?	PUNCT
cblr-1693	547	1	yes	yes	INTJ
cblr-1693	547	2	unclear	unclear	ADJ
cblr-1693	547	3	timeframe	timeframe	NOUN
cblr-1693	547	4	for	for	ADP
cblr-1693	547	5	review	review	NOUN
cblr-1693	547	6	of	of	ADP
cblr-1693	547	7	submissions	submission	NOUN
cblr-1693	547	8	within	within	ADP
cblr-1693	547	9	90	90	NUM
cblr-1693	547	10	days	day	NOUN
cblr-1693	547	11	none	none	NOUN
cblr-1693	547	12	commissioninitiated	commissioninitiate	VERB
cblr-1693	547	13	review	review	NOUN
cblr-1693	547	14	procedures	procedure	NOUN
cblr-1693	547	15	made	make	VERB
cblr-1693	547	16	on	on	ADP
cblr-1693	547	17	an	an	DET
cblr-1693	547	18	ongoing	ongoing	ADJ
cblr-1693	547	19	basis	basis	NOUN
cblr-1693	547	20	after	after	ADP
cblr-1693	547	21	public	public	ADJ
cblr-1693	547	22	comment	comment	NOUN
cblr-1693	547	23	process	process	NOUN
cblr-1693	547	24	not	not	PART
cblr-1693	547	25	addressed	address	VERB
cblr-1693	547	26	by	by	ADP
cblr-1693	547	27	rule	rule	NOUN
cblr-1693	547	28	or	or	CCONJ
cblr-1693	547	29	guidance	guidance	NOUN
cblr-1693	547	30	products	product	NOUN
cblr-1693	547	31	currently	currently	ADV
cblr-1693	547	32	subject	subject	ADJ
cblr-1693	547	33	to	to	ADP
cblr-1693	547	34	mandatory	mandatory	ADJ
cblr-1693	547	35	clearing	clearing	NOUN
cblr-1693	547	36	requirement	requirement	NOUN
cblr-1693	547	37	?	?	PUNCT
cblr-1693	548	1	yes	yes	INTJ
cblr-1693	548	2	no	no	DET
cblr-1693	548	3	iii	iii	NOUN
cblr-1693	548	4	.	.	PUNCT
cblr-1693	549	1	the	the	DET
cblr-1693	549	2	regulatory	regulatory	ADJ
cblr-1693	549	3	hole	hole	NOUN
cblr-1693	549	4	created	create	VERB
cblr-1693	549	5	by	by	ADP
cblr-1693	549	6	the	the	DET
cblr-1693	549	7	sec	sec	PROPN
cblr-1693	549	8	’s	’s	PART
cblr-1693	549	9	approach	approach	NOUN
cblr-1693	549	10	the	the	DET
cblr-1693	549	11	sec	sec	PROPN
cblr-1693	549	12	’s	’s	PART
cblr-1693	549	13	careful	careful	ADJ
cblr-1693	549	14	approach	approach	NOUN
cblr-1693	549	15	to	to	ADP
cblr-1693	549	16	initiating	initiate	VERB
cblr-1693	549	17	security	security	NOUN
cblr-1693	549	18	-	-	PUNCT
cblr-1693	549	19	based	base	VERB
cblr-1693	549	20	swap	swap	NOUN
cblr-1693	549	21	submissions	submission	NOUN
cblr-1693	549	22	is	be	AUX
cblr-1693	549	23	understandable	understandable	ADJ
cblr-1693	549	24	.	.	PUNCT
cblr-1693	550	1	delaying	delay	VERB
cblr-1693	550	2	implementation	implementation	NOUN
cblr-1693	550	3	of	of	ADP
cblr-1693	550	4	the	the	DET
cblr-1693	550	5	mandate	mandate	NOUN
cblr-1693	550	6	until	until	SCONJ
cblr-1693	550	7	all	all	DET
cblr-1693	550	8	relevant	relevant	ADJ
cblr-1693	550	9	rules	rule	NOUN
cblr-1693	550	10	are	be	AUX
cblr-1693	550	11	finalized	finalize	VERB
cblr-1693	550	12	allows	allow	VERB
cblr-1693	550	13	the	the	DET
cblr-1693	550	14	sec	sec	PROPN
cblr-1693	550	15	to	to	PART
cblr-1693	550	16	avoid	avoid	VERB
cblr-1693	550	17	unnecessary	unnecessary	ADJ
cblr-1693	550	18	market	market	NOUN
cblr-1693	550	19	135	135	NUM
cblr-1693	550	20	see	see	VERB
cblr-1693	550	21	implementing	implement	VERB
cblr-1693	550	22	the	the	DET
cblr-1693	550	23	dodd	dodd	PROPN
cblr-1693	550	24	-	-	PUNCT
cblr-1693	550	25	frank	frank	PROPN
cblr-1693	550	26	wall	wall	PROPN
cblr-1693	550	27	street	street	PROPN
cblr-1693	550	28	reform	reform	PROPN
cblr-1693	550	29	and	and	CCONJ
cblr-1693	550	30	consumer	consumer	NOUN
cblr-1693	550	31	protection	protection	PROPN
cblr-1693	550	32	act	act	PROPN
cblr-1693	550	33	,	,	PUNCT
cblr-1693	550	34	u.s	u.s	PROPN
cblr-1693	550	35	.	.	PROPN
cblr-1693	550	36	sec	sec	PROPN
cblr-1693	550	37	.	.	PROPN
cblr-1693	550	38	&	&	CCONJ
cblr-1693	550	39	exchange	exchange	PROPN
cblr-1693	550	40	commission	commission	PROPN
cblr-1693	550	41	,	,	PUNCT
cblr-1693	550	42	https://www.sec.gov/spotlight/implementation-of-dodd-frank-act.shtml	https://www.sec.gov/spotlight/implementation-of-dodd-frank-act.shtml	X
cblr-1693	551	1	[	[	X
cblr-1693	551	2	https://perma.cc/mq74-umpk	https://perma.cc/mq74-umpk	X
cblr-1693	551	3	]	]	X
cblr-1693	551	4	(	(	PUNCT
cblr-1693	551	5	last	last	ADJ
cblr-1693	551	6	modified	modify	VERB
cblr-1693	551	7	june	june	PROPN
cblr-1693	551	8	21	21	NUM
cblr-1693	551	9	,	,	PUNCT
cblr-1693	551	10	2018	2018	NUM
cblr-1693	551	11	)	)	PUNCT
cblr-1693	551	12	.	.	PUNCT
cblr-1693	552	1	136	136	NUM
cblr-1693	552	2	see	see	VERB
cblr-1693	552	3	supra	supra	ADJ
cblr-1693	552	4	sections	section	NOUN
cblr-1693	552	5	ii.d.1–2	ii.d.1–2	NOUN
cblr-1693	552	6	.	.	PUNCT
cblr-1693	553	1	no	no	INTJ
cblr-1693	553	2	.	.	PUNCT
cblr-1693	554	1	1:252	1:252	NUM
cblr-1693	554	2	]	]	X
cblr-1693	554	3	to	to	PART
cblr-1693	554	4	clear	clear	ADJ
cblr-1693	554	5	or	or	CCONJ
cblr-1693	554	6	not	not	PART
cblr-1693	554	7	to	to	PART
cblr-1693	554	8	clear	clear	VERB
cblr-1693	554	9	283	283	NUM
cblr-1693	554	10	disruptions	disruption	NOUN
cblr-1693	554	11	and	and	CCONJ
cblr-1693	554	12	learn	learn	VERB
cblr-1693	554	13	from	from	ADP
cblr-1693	554	14	the	the	DET
cblr-1693	554	15	cftc	cftc	PROPN
cblr-1693	554	16	’s	’s	PART
cblr-1693	554	17	missteps.137	missteps.137	NOUN
cblr-1693	554	18	as	as	SCONJ
cblr-1693	554	19	discussed	discuss	VERB
cblr-1693	554	20	above	above	ADV
cblr-1693	554	21	,	,	PUNCT
cblr-1693	554	22	the	the	DET
cblr-1693	554	23	sec	sec	PROPN
cblr-1693	554	24	did	do	AUX
cblr-1693	554	25	not	not	PART
cblr-1693	554	26	share	share	VERB
cblr-1693	554	27	the	the	DET
cblr-1693	554	28	cftc	cftc	PROPN
cblr-1693	554	29	’s	’s	PART
cblr-1693	554	30	political	political	ADJ
cblr-1693	554	31	pressures	pressure	NOUN
cblr-1693	554	32	to	to	PART
cblr-1693	554	33	act	act	VERB
cblr-1693	554	34	quickly.138	quickly.138	NUM
cblr-1693	554	35	although	although	SCONJ
cblr-1693	554	36	considerable	considerable	ADJ
cblr-1693	554	37	time	time	NOUN
cblr-1693	554	38	will	will	AUX
cblr-1693	554	39	have	have	AUX
cblr-1693	554	40	passed	pass	VERB
cblr-1693	554	41	since	since	SCONJ
cblr-1693	554	42	dodd	dodd	PROPN
cblr-1693	554	43	-	-	PUNCT
cblr-1693	554	44	frank	frank	PROPN
cblr-1693	554	45	’s	’s	PART
cblr-1693	554	46	enactment	enactment	NOUN
cblr-1693	554	47	once	once	SCONJ
cblr-1693	554	48	mandatory	mandatory	ADJ
cblr-1693	554	49	central	central	ADJ
cblr-1693	554	50	clearing	clearing	NOUN
cblr-1693	554	51	of	of	ADP
cblr-1693	554	52	security	security	NOUN
cblr-1693	554	53	-	-	PUNCT
cblr-1693	554	54	based	base	VERB
cblr-1693	554	55	swaps	swap	NOUN
cblr-1693	554	56	begins	begin	VERB
cblr-1693	554	57	,	,	PUNCT
cblr-1693	554	58	the	the	DET
cblr-1693	554	59	statute	statute	NOUN
cblr-1693	554	60	itself	itself	PRON
cblr-1693	554	61	grants	grant	VERB
cblr-1693	554	62	the	the	DET
cblr-1693	554	63	sec	sec	PROPN
cblr-1693	554	64	the	the	DET
cblr-1693	554	65	flexibility	flexibility	NOUN
cblr-1693	554	66	to	to	ADP
cblr-1693	554	67	sequence	sequence	NOUN
cblr-1693	554	68	effective	effective	ADJ
cblr-1693	554	69	dates	date	NOUN
cblr-1693	554	70	of	of	ADP
cblr-1693	554	71	rulemakings	rulemaking	NOUN
cblr-1693	554	72	to	to	PART
cblr-1693	554	73	minimize	minimize	VERB
cblr-1693	554	74	problems.139	problems.139	NOUN
cblr-1693	554	75	while	while	SCONJ
cblr-1693	554	76	the	the	DET
cblr-1693	554	77	sec	sec	PROPN
cblr-1693	554	78	’s	’s	PART
cblr-1693	554	79	timing	timing	NOUN
cblr-1693	554	80	may	may	AUX
cblr-1693	554	81	not	not	PART
cblr-1693	554	82	raise	raise	VERB
cblr-1693	554	83	concerns	concern	NOUN
cblr-1693	554	84	,	,	PUNCT
cblr-1693	554	85	the	the	DET
cblr-1693	554	86	substantive	substantive	ADJ
cblr-1693	554	87	differences	difference	NOUN
cblr-1693	554	88	between	between	ADP
cblr-1693	554	89	the	the	DET
cblr-1693	554	90	cftc	cftc	PROPN
cblr-1693	554	91	’s	’s	PART
cblr-1693	554	92	and	and	CCONJ
cblr-1693	554	93	sec	sec	PROPN
cblr-1693	554	94	’s	’s	PART
cblr-1693	554	95	implementation	implementation	NOUN
cblr-1693	554	96	of	of	ADP
cblr-1693	554	97	the	the	DET
cblr-1693	554	98	central	central	ADJ
cblr-1693	554	99	clearing	clearing	NOUN
cblr-1693	554	100	mandate	mandate	NOUN
cblr-1693	554	101	highlight	highlight	VERB
cblr-1693	554	102	serious	serious	ADJ
cblr-1693	554	103	issues	issue	NOUN
cblr-1693	554	104	.	.	PUNCT
cblr-1693	555	1	as	as	SCONJ
cblr-1693	555	2	discussed	discuss	VERB
cblr-1693	555	3	in	in	ADP
cblr-1693	555	4	part	part	PROPN
cblr-1693	555	5	ii	ii	PROPN
cblr-1693	555	6	,	,	PUNCT
cblr-1693	555	7	dodd	dodd	PROPN
cblr-1693	555	8	-	-	PUNCT
cblr-1693	555	9	frank	frank	PROPN
cblr-1693	555	10	provides	provide	VERB
cblr-1693	555	11	two	two	NUM
cblr-1693	555	12	options	option	NOUN
cblr-1693	555	13	for	for	ADP
cblr-1693	555	14	the	the	DET
cblr-1693	555	15	financial	financial	ADJ
cblr-1693	555	16	regulators	regulator	NOUN
cblr-1693	555	17	’	'	PUNCT
cblr-1693	555	18	use	use	NOUN
cblr-1693	555	19	in	in	ADP
cblr-1693	555	20	making	make	VERB
cblr-1693	555	21	mandatory	mandatory	ADJ
cblr-1693	555	22	clearing	clearing	NOUN
cblr-1693	555	23	determinations	determination	NOUN
cblr-1693	555	24	:	:	PUNCT
cblr-1693	555	25	the	the	DET
cblr-1693	555	26	bottom	bottom	ADJ
cblr-1693	555	27	-	-	PUNCT
cblr-1693	555	28	up	up	ADP
cblr-1693	555	29	submission	submission	NOUN
cblr-1693	555	30	process	process	NOUN
cblr-1693	555	31	and	and	CCONJ
cblr-1693	555	32	the	the	DET
cblr-1693	555	33	top	top	ADJ
cblr-1693	555	34	-	-	PUNCT
cblr-1693	555	35	down	down	ADP
cblr-1693	555	36	commission	commission	NOUN
cblr-1693	555	37	-	-	PUNCT
cblr-1693	555	38	initiated	initiate	VERB
cblr-1693	555	39	review.140	review.140	NOUN
cblr-1693	555	40	while	while	SCONJ
cblr-1693	555	41	the	the	DET
cblr-1693	555	42	cftc	cftc	PROPN
cblr-1693	555	43	successfully	successfully	ADV
cblr-1693	555	44	began	begin	VERB
cblr-1693	555	45	regulating	regulate	VERB
cblr-1693	555	46	otc	otc	PROPN
cblr-1693	555	47	derivatives	derivative	NOUN
cblr-1693	555	48	under	under	ADP
cblr-1693	555	49	its	its	PRON
cblr-1693	555	50	jurisdiction	jurisdiction	NOUN
cblr-1693	555	51	using	use	VERB
cblr-1693	555	52	the	the	DET
cblr-1693	555	53	submission	submission	NOUN
cblr-1693	555	54	process	process	NOUN
cblr-1693	555	55	,	,	PUNCT
cblr-1693	555	56	the	the	DET
cblr-1693	555	57	agency	agency	NOUN
cblr-1693	555	58	’s	’s	PART
cblr-1693	555	59	rulemakings	rulemaking	NOUN
cblr-1693	555	60	specify	specify	VERB
cblr-1693	555	61	that	that	SCONJ
cblr-1693	555	62	commissioninitiated	commissioninitiate	VERB
cblr-1693	555	63	review	review	NOUN
cblr-1693	555	64	will	will	AUX
cblr-1693	555	65	also	also	ADV
cblr-1693	555	66	be	be	AUX
cblr-1693	555	67	used	use	VERB
cblr-1693	555	68	when	when	SCONJ
cblr-1693	555	69	necessitated	necessitate	VERB
cblr-1693	555	70	by	by	ADP
cblr-1693	555	71	changes	change	NOUN
cblr-1693	555	72	in	in	ADP
cblr-1693	555	73	the	the	DET
cblr-1693	555	74	market	market	NOUN
cblr-1693	555	75	.	.	PUNCT
cblr-1693	556	1	considering	consider	VERB
cblr-1693	556	2	the	the	DET
cblr-1693	556	3	nature	nature	NOUN
cblr-1693	556	4	of	of	ADP
cblr-1693	556	5	securitybased	securitybase	VERB
cblr-1693	556	6	swap	swap	NOUN
cblr-1693	556	7	products	product	NOUN
cblr-1693	556	8	,	,	PUNCT
cblr-1693	556	9	the	the	DET
cblr-1693	556	10	sec	sec	PROPN
cblr-1693	556	11	’s	’s	PART
cblr-1693	556	12	failure	failure	NOUN
cblr-1693	556	13	to	to	PART
cblr-1693	556	14	provide	provide	VERB
cblr-1693	556	15	similar	similar	ADJ
cblr-1693	556	16	guidance	guidance	NOUN
cblr-1693	556	17	undermines	undermine	VERB
cblr-1693	556	18	the	the	DET
cblr-1693	556	19	effective	effective	ADJ
cblr-1693	556	20	regulation	regulation	NOUN
cblr-1693	556	21	envisioned	envision	VERB
cblr-1693	556	22	by	by	ADP
cblr-1693	556	23	the	the	DET
cblr-1693	556	24	statute	statute	NOUN
cblr-1693	556	25	.	.	PUNCT
cblr-1693	557	1	a.	a.	PROPN
cblr-1693	557	2	security	security	NOUN
cblr-1693	557	3	-	-	PUNCT
cblr-1693	557	4	based	base	VERB
cblr-1693	557	5	swaps	swap	NOUN
cblr-1693	557	6	are	be	AUX
cblr-1693	557	7	not	not	PART
cblr-1693	557	8	suitable	suitable	ADJ
cblr-1693	557	9	for	for	ADP
cblr-1693	557	10	a	a	DET
cblr-1693	557	11	submission	submission	NOUN
cblr-1693	557	12	-	-	PUNCT
cblr-1693	557	13	only	only	ADJ
cblr-1693	557	14	process	process	NOUN
cblr-1693	557	15	by	by	ADP
cblr-1693	557	16	its	its	PRON
cblr-1693	557	17	nature	nature	NOUN
cblr-1693	557	18	,	,	PUNCT
cblr-1693	557	19	the	the	DET
cblr-1693	557	20	sec	sec	PROPN
cblr-1693	557	21	’s	’s	PART
cblr-1693	557	22	submission	submission	NOUN
cblr-1693	557	23	process	process	NOUN
cblr-1693	557	24	will	will	AUX
cblr-1693	557	25	only	only	ADV
cblr-1693	557	26	review	review	VERB
cblr-1693	557	27	those	those	DET
cblr-1693	557	28	security	security	NOUN
cblr-1693	557	29	-	-	PUNCT
cblr-1693	557	30	based	base	VERB
cblr-1693	557	31	swaps	swap	NOUN
cblr-1693	557	32	that	that	PRON
cblr-1693	557	33	are	be	AUX
cblr-1693	557	34	already	already	ADV
cblr-1693	557	35	voluntarily	voluntarily	ADV
cblr-1693	557	36	cleared	clear	VERB
cblr-1693	557	37	or	or	CCONJ
cblr-1693	557	38	that	that	SCONJ
cblr-1693	557	39	central	central	ADJ
cblr-1693	557	40	clearinghouses	clearinghouse	NOUN
cblr-1693	557	41	wish	wish	VERB
cblr-1693	557	42	to	to	PART
cblr-1693	557	43	clear	clear	VERB
cblr-1693	557	44	in	in	ADP
cblr-1693	557	45	the	the	DET
cblr-1693	557	46	future	future	NOUN
cblr-1693	557	47	.	.	PUNCT
cblr-1693	558	1	the	the	DET
cblr-1693	558	2	sec	sec	PROPN
cblr-1693	558	3	has	have	AUX
cblr-1693	558	4	not	not	PART
cblr-1693	558	5	explicitly	explicitly	ADV
cblr-1693	558	6	argued	argue	VERB
cblr-1693	558	7	that	that	SCONJ
cblr-1693	558	8	this	this	DET
cblr-1693	558	9	137	137	NUM
cblr-1693	558	10	hammar	hammar	PROPN
cblr-1693	558	11	et	et	PROPN
cblr-1693	558	12	al	al	PROPN
cblr-1693	558	13	.	.	PROPN
cblr-1693	558	14	,	,	PUNCT
cblr-1693	558	15	supra	supra	PROPN
cblr-1693	558	16	note	note	PROPN
cblr-1693	558	17	90	90	NUM
cblr-1693	558	18	,	,	PUNCT
cblr-1693	558	19	at	at	ADP
cblr-1693	558	20	81	81	NUM
cblr-1693	558	21	(	(	PUNCT
cblr-1693	558	22	“	"	PUNCT
cblr-1693	558	23	this	this	DET
cblr-1693	558	24	[	[	X
cblr-1693	558	25	slower	slow	ADJ
cblr-1693	558	26	approach	approach	NOUN
cblr-1693	558	27	]	]	PUNCT
cblr-1693	558	28	allowed	allow	VERB
cblr-1693	558	29	[	[	PUNCT
cblr-1693	558	30	the	the	DET
cblr-1693	558	31	sec	sec	PROPN
cblr-1693	558	32	]	]	PUNCT
cblr-1693	558	33	to	to	PART
cblr-1693	558	34	take	take	VERB
cblr-1693	558	35	account	account	NOUN
cblr-1693	558	36	of	of	ADP
cblr-1693	558	37	the	the	DET
cblr-1693	558	38	cftc	cftc	PROPN
cblr-1693	558	39	experience	experience	NOUN
cblr-1693	558	40	[	[	X
cblr-1693	558	41	.	.	PROPN
cblr-1693	558	42	]	]	X
cblr-1693	558	43	”	"	PUNCT
cblr-1693	558	44	)	)	PUNCT
cblr-1693	558	45	.	.	PUNCT
cblr-1693	559	1	138	138	NUM
cblr-1693	559	2	see	see	VERB
cblr-1693	559	3	supra	supra	PROPN
cblr-1693	559	4	notes	note	VERB
cblr-1693	559	5	96–98	96–98	PROPN
cblr-1693	559	6	and	and	CCONJ
cblr-1693	559	7	accompanying	accompany	VERB
cblr-1693	559	8	text	text	NOUN
cblr-1693	559	9	;	;	PUNCT
cblr-1693	559	10	supra	supra	PROPN
cblr-1693	559	11	section	section	PROPN
cblr-1693	559	12	ii.d.2	ii.d.2	PROPN
cblr-1693	559	13	.	.	PROPN
cblr-1693	559	14	139	139	NUM
cblr-1693	559	15	see	see	VERB
cblr-1693	559	16	temporary	temporary	ADJ
cblr-1693	559	17	exemptions	exemption	NOUN
cblr-1693	559	18	and	and	CCONJ
cblr-1693	559	19	other	other	ADJ
cblr-1693	559	20	temporary	temporary	ADJ
cblr-1693	559	21	relief	relief	NOUN
cblr-1693	559	22	,	,	PUNCT
cblr-1693	559	23	together	together	ADV
cblr-1693	559	24	with	with	ADP
cblr-1693	559	25	information	information	NOUN
cblr-1693	559	26	on	on	ADP
cblr-1693	559	27	compliance	compliance	NOUN
cblr-1693	559	28	dates	date	NOUN
cblr-1693	559	29	for	for	ADP
cblr-1693	559	30	new	new	ADJ
cblr-1693	559	31	provisions	provision	NOUN
cblr-1693	559	32	of	of	ADP
cblr-1693	559	33	the	the	DET
cblr-1693	559	34	securities	securities	PROPN
cblr-1693	559	35	exchange	exchange	PROPN
cblr-1693	559	36	act	act	NOUN
cblr-1693	559	37	of	of	ADP
cblr-1693	559	38	1934	1934	NUM
cblr-1693	559	39	applicable	applicable	ADJ
cblr-1693	559	40	to	to	ADP
cblr-1693	559	41	security	security	NOUN
cblr-1693	559	42	-	-	PUNCT
cblr-1693	559	43	based	base	VERB
cblr-1693	559	44	swaps	swap	NOUN
cblr-1693	559	45	,	,	PUNCT
cblr-1693	559	46	76	76	NUM
cblr-1693	559	47	fed	fed	PROPN
cblr-1693	559	48	.	.	PUNCT
cblr-1693	560	1	reg	reg	PROPN
cblr-1693	560	2	.	.	PROPN
cblr-1693	560	3	36,287	36,287	NUM
cblr-1693	560	4	,	,	PUNCT
cblr-1693	560	5	36,289	36,289	NUM
cblr-1693	560	6	(	(	PUNCT
cblr-1693	560	7	june	june	PROPN
cblr-1693	560	8	22	22	NUM
cblr-1693	560	9	,	,	PUNCT
cblr-1693	560	10	2011	2011	NUM
cblr-1693	560	11	)	)	PUNCT
cblr-1693	560	12	(	(	PUNCT
cblr-1693	560	13	to	to	PART
cblr-1693	560	14	be	be	AUX
cblr-1693	560	15	codified	codify	VERB
cblr-1693	560	16	at	at	ADP
cblr-1693	560	17	17	17	NUM
cblr-1693	560	18	c.f.r	c.f.r	NOUN
cblr-1693	560	19	.	.	PUNCT
cblr-1693	561	1	pt	pt	PROPN
cblr-1693	561	2	.	.	PROPN
cblr-1693	561	3	240	240	NUM
cblr-1693	561	4	)	)	PUNCT
cblr-1693	561	5	(	(	PUNCT
cblr-1693	561	6	“	"	PUNCT
cblr-1693	561	7	title	title	NOUN
cblr-1693	561	8	vii	vii	PROPN
cblr-1693	561	9	provides	provide	VERB
cblr-1693	561	10	the	the	DET
cblr-1693	561	11	[	[	X
cblr-1693	561	12	sec	sec	PROPN
cblr-1693	561	13	]	]	X
cblr-1693	561	14	with	with	ADP
cblr-1693	561	15	flexibility	flexibility	NOUN
cblr-1693	561	16	to	to	PART
cblr-1693	561	17	establish	establish	VERB
cblr-1693	561	18	effective	effective	ADJ
cblr-1693	561	19	dates	date	NOUN
cblr-1693	561	20	beyond	beyond	ADP
cblr-1693	561	21	the	the	DET
cblr-1693	561	22	minimum	minimum	ADJ
cblr-1693	561	23	60	60	NUM
cblr-1693	561	24	days	day	NOUN
cblr-1693	561	25	specified	specify	VERB
cblr-1693	561	26	therein	therein	ADV
cblr-1693	561	27	[	[	X
cblr-1693	561	28	.	.	PUNCT
cblr-1693	561	29	]	]	X
cblr-1693	561	30	”	"	PUNCT
cblr-1693	561	31	)	)	PUNCT
cblr-1693	561	32	.	.	PUNCT
cblr-1693	562	1	140	140	NUM
cblr-1693	562	2	see	see	VERB
cblr-1693	562	3	supra	supra	PROPN
cblr-1693	562	4	notes	note	NOUN
cblr-1693	562	5	61–69	61–69	NUM
cblr-1693	562	6	and	and	CCONJ
cblr-1693	562	7	accompanying	accompany	VERB
cblr-1693	562	8	text	text	NOUN
cblr-1693	562	9	.	.	PUNCT
cblr-1693	563	1	284	284	NUM
cblr-1693	563	2	columbia	columbia	PROPN
cblr-1693	563	3	business	business	NOUN
cblr-1693	563	4	law	law	PROPN
cblr-1693	563	5	review	review	NOUN
cblr-1693	563	6	[	[	X
cblr-1693	563	7	vol	vol	NOUN
cblr-1693	563	8	.	.	NOUN
cblr-1693	563	9	2019	2019	NUM
cblr-1693	563	10	approach	approach	NOUN
cblr-1693	563	11	is	be	AUX
cblr-1693	563	12	preferable	preferable	ADJ
cblr-1693	563	13	,	,	PUNCT
cblr-1693	563	14	and	and	CCONJ
cblr-1693	563	15	has	have	AUX
cblr-1693	563	16	given	give	VERB
cblr-1693	563	17	no	no	DET
cblr-1693	563	18	explanation	explanation	NOUN
cblr-1693	563	19	as	as	ADP
cblr-1693	563	20	to	to	ADP
cblr-1693	563	21	why	why	SCONJ
cblr-1693	563	22	it	it	PRON
cblr-1693	563	23	is	be	AUX
cblr-1693	563	24	taking	take	VERB
cblr-1693	563	25	this	this	DET
cblr-1693	563	26	approach.141	approach.141	NOUN
cblr-1693	563	27	however	however	ADV
cblr-1693	563	28	,	,	PUNCT
cblr-1693	563	29	there	there	PRON
cblr-1693	563	30	is	be	VERB
cblr-1693	563	31	no	no	DET
cblr-1693	563	32	indication	indication	NOUN
cblr-1693	563	33	in	in	ADP
cblr-1693	563	34	any	any	PRON
cblr-1693	563	35	of	of	ADP
cblr-1693	563	36	the	the	DET
cblr-1693	563	37	sec	sec	PROPN
cblr-1693	563	38	’s	’s	PART
cblr-1693	563	39	regulations	regulation	NOUN
cblr-1693	563	40	or	or	CCONJ
cblr-1693	563	41	guidance	guidance	VERB
cblr-1693	563	42	that	that	SCONJ
cblr-1693	563	43	commission	commission	NOUN
cblr-1693	563	44	-	-	PUNCT
cblr-1693	563	45	initiated	initiate	VERB
cblr-1693	563	46	review	review	NOUN
cblr-1693	563	47	will	will	AUX
cblr-1693	563	48	be	be	AUX
cblr-1693	563	49	added	add	VERB
cblr-1693	563	50	to	to	ADP
cblr-1693	563	51	the	the	DET
cblr-1693	563	52	regulatory	regulatory	ADJ
cblr-1693	563	53	scheme	scheme	NOUN
cblr-1693	563	54	later	later	ADV
cblr-1693	563	55	or	or	CCONJ
cblr-1693	563	56	that	that	SCONJ
cblr-1693	563	57	the	the	DET
cblr-1693	563	58	submissions	submission	NOUN
cblr-1693	563	59	process	process	NOUN
cblr-1693	563	60	is	be	AUX
cblr-1693	563	61	intended	intend	VERB
cblr-1693	563	62	as	as	ADP
cblr-1693	563	63	a	a	DET
cblr-1693	563	64	stopgap	stopgap	NOUN
cblr-1693	563	65	until	until	SCONJ
cblr-1693	563	66	commission	commission	NOUN
cblr-1693	563	67	-	-	PUNCT
cblr-1693	563	68	initiated	initiate	VERB
cblr-1693	563	69	review	review	NOUN
cblr-1693	563	70	begins.142	begins.142	PROPN
cblr-1693	563	71	this	this	DET
cblr-1693	563	72	submission	submission	NOUN
cblr-1693	563	73	-	-	PUNCT
cblr-1693	563	74	only	only	ADJ
cblr-1693	563	75	method	method	NOUN
cblr-1693	563	76	is	be	AUX
cblr-1693	563	77	poorly	poorly	ADV
cblr-1693	563	78	suited	suit	VERB
cblr-1693	563	79	to	to	ADP
cblr-1693	563	80	securitybased	securitybase	VERB
cblr-1693	563	81	swaps	swap	NOUN
cblr-1693	563	82	,	,	PUNCT
cblr-1693	563	83	which	which	PRON
cblr-1693	563	84	include	include	VERB
cblr-1693	563	85	a	a	DET
cblr-1693	563	86	substantial	substantial	ADJ
cblr-1693	563	87	number	number	NOUN
cblr-1693	563	88	of	of	ADP
cblr-1693	563	89	product	product	NOUN
cblr-1693	563	90	types	type	NOUN
cblr-1693	563	91	that	that	PRON
cblr-1693	563	92	are	be	AUX
cblr-1693	563	93	currently	currently	ADV
cblr-1693	563	94	uncleared	uncleared	ADJ
cblr-1693	563	95	.	.	PUNCT
cblr-1693	564	1	the	the	DET
cblr-1693	564	2	sec	sec	PROPN
cblr-1693	564	3	is	be	AUX
cblr-1693	564	4	aware	aware	ADJ
cblr-1693	564	5	of	of	ADP
cblr-1693	564	6	this	this	DET
cblr-1693	564	7	reality	reality	NOUN
cblr-1693	564	8	,	,	PUNCT
cblr-1693	564	9	noting	note	VERB
cblr-1693	564	10	in	in	ADP
cblr-1693	564	11	the	the	DET
cblr-1693	564	12	sec	sec	PROPN
cblr-1693	564	13	process	process	NOUN
cblr-1693	564	14	rule	rule	NOUN
cblr-1693	564	15	that	that	SCONJ
cblr-1693	564	16	“	"	PUNCT
cblr-1693	564	17	many	many	ADJ
cblr-1693	564	18	securitybased	securitybase	VERB
cblr-1693	564	19	swap	swap	NOUN
cblr-1693	564	20	transactions	transaction	NOUN
cblr-1693	564	21	are	be	AUX
cblr-1693	564	22	still	still	ADV
cblr-1693	564	23	ineligible	ineligible	ADJ
cblr-1693	564	24	for	for	ADP
cblr-1693	564	25	central	central	ADJ
cblr-1693	564	26	clearing	clearing	NOUN
cblr-1693	564	27	.	.	PUNCT
cblr-1693	564	28	”143	”143	NOUN
cblr-1693	564	29	at	at	ADP
cblr-1693	564	30	the	the	DET
cblr-1693	564	31	time	time	NOUN
cblr-1693	564	32	when	when	SCONJ
cblr-1693	564	33	the	the	DET
cblr-1693	564	34	various	various	ADJ
cblr-1693	564	35	otc	otc	PROPN
cblr-1693	564	36	derivatives	derivative	NOUN
cblr-1693	564	37	were	be	AUX
cblr-1693	564	38	defined	define	VERB
cblr-1693	564	39	as	as	ADP
cblr-1693	564	40	security	security	NOUN
cblr-1693	564	41	-	-	PUNCT
cblr-1693	564	42	based	base	VERB
cblr-1693	564	43	swaps	swap	NOUN
cblr-1693	564	44	,	,	PUNCT
cblr-1693	564	45	only	only	ADV
cblr-1693	564	46	cds	cd	NOUN
cblr-1693	564	47	products	product	NOUN
cblr-1693	564	48	were	be	AUX
cblr-1693	564	49	voluntarily	voluntarily	ADV
cblr-1693	564	50	cleared	clear	VERB
cblr-1693	564	51	by	by	ADP
cblr-1693	564	52	industry	industry	NOUN
cblr-1693	564	53	participants	participant	NOUN
cblr-1693	564	54	.	.	PUNCT
cblr-1693	565	1	of	of	ADP
cblr-1693	565	2	those	those	PRON
cblr-1693	565	3	,	,	PUNCT
cblr-1693	565	4	ninety	ninety	NUM
cblr-1693	565	5	-	-	PUNCT
cblr-1693	565	6	one	one	NUM
cblr-1693	565	7	percent	percent	NOUN
cblr-1693	565	8	of	of	ADP
cblr-1693	565	9	index	index	NOUN
cblr-1693	565	10	cds	cd	NOUN
cblr-1693	565	11	products	product	NOUN
cblr-1693	565	12	were	be	AUX
cblr-1693	565	13	accepted	accept	VERB
cblr-1693	565	14	for	for	ADP
cblr-1693	565	15	clearing	clearing	NOUN
cblr-1693	565	16	,	,	PUNCT
cblr-1693	565	17	but	but	CCONJ
cblr-1693	565	18	only	only	ADV
cblr-1693	565	19	thirty	thirty	NUM
cblr-1693	565	20	-	-	PUNCT
cblr-1693	565	21	three	three	NUM
cblr-1693	565	22	percent	percent	NOUN
cblr-1693	565	23	of	of	ADP
cblr-1693	565	24	single	single	ADJ
cblr-1693	565	25	-	-	PUNCT
cblr-1693	565	26	name	name	NOUN
cblr-1693	565	27	cds	cd	NOUN
cblr-1693	565	28	were	be	AUX
cblr-1693	565	29	clearable	clearable	ADJ
cblr-1693	565	30	at	at	ADP
cblr-1693	565	31	2011	2011	NUM
cblr-1693	565	32	year	year	NOUN
cblr-1693	565	33	-	-	PUNCT
cblr-1693	565	34	end.144	end.144	NOUN
cblr-1693	565	35	an	an	DET
cblr-1693	565	36	even	even	ADV
cblr-1693	565	37	smaller	small	ADJ
cblr-1693	565	38	proportion	proportion	NOUN
cblr-1693	565	39	of	of	ADP
cblr-1693	565	40	each	each	DET
cblr-1693	565	41	product	product	NOUN
cblr-1693	565	42	—	—	PUNCT
cblr-1693	565	43	fifty	fifty	NUM
cblr-1693	565	44	-	-	PUNCT
cblr-1693	565	45	seven	seven	NUM
cblr-1693	565	46	percent	percent	NOUN
cblr-1693	565	47	of	of	ADP
cblr-1693	565	48	index	index	NOUN
cblr-1693	565	49	cds	cd	NOUN
cblr-1693	565	50	and	and	CCONJ
cblr-1693	565	51	twenty	twenty	NUM
cblr-1693	565	52	-	-	PUNCT
cblr-1693	565	53	five	five	NUM
cblr-1693	565	54	percent	percent	NOUN
cblr-1693	565	55	of	of	ADP
cblr-1693	565	56	single	single	ADJ
cblr-1693	565	57	-	-	PUNCT
cblr-1693	565	58	name	name	NOUN
cblr-1693	565	59	—	—	PUNCT
cblr-1693	565	60	were	be	AUX
cblr-1693	565	61	actually	actually	ADV
cblr-1693	565	62	cleared.145	cleared.145	ADJ
cblr-1693	565	63	according	accord	VERB
cblr-1693	565	64	to	to	ADP
cblr-1693	565	65	this	this	DET
cblr-1693	565	66	data	data	NOUN
cblr-1693	565	67	,	,	PUNCT
cblr-1693	565	68	a	a	DET
cblr-1693	565	69	significant	significant	ADJ
cblr-1693	565	70	percentage	percentage	NOUN
cblr-1693	565	71	of	of	ADP
cblr-1693	565	72	the	the	DET
cblr-1693	565	73	only	only	ADJ
cblr-1693	565	74	clearable	clearable	ADJ
cblr-1693	565	75	class	class	NOUN
cblr-1693	565	76	of	of	ADP
cblr-1693	565	77	security	security	NOUN
cblr-1693	565	78	-	-	PUNCT
cblr-1693	565	79	based	base	VERB
cblr-1693	565	80	swaps	swap	NOUN
cblr-1693	565	81	could	could	AUX
cblr-1693	565	82	not	not	PART
cblr-1693	565	83	be	be	AUX
cblr-1693	565	84	cleared	clear	VERB
cblr-1693	565	85	at	at	ADP
cblr-1693	565	86	finalization	finalization	NOUN
cblr-1693	565	87	of	of	ADP
cblr-1693	565	88	the	the	DET
cblr-1693	565	89	sec	sec	PROPN
cblr-1693	565	90	process	process	NOUN
cblr-1693	565	91	rule	rule	NOUN
cblr-1693	565	92	.	.	PUNCT
cblr-1693	566	1	the	the	DET
cblr-1693	566	2	proportion	proportion	NOUN
cblr-1693	566	3	of	of	ADP
cblr-1693	566	4	security	security	NOUN
cblr-1693	566	5	-	-	PUNCT
cblr-1693	566	6	based	base	VERB
cblr-1693	566	7	swaps	swap	NOUN
cblr-1693	566	8	voluntarily	voluntarily	ADV
cblr-1693	566	9	cleared	clear	VERB
cblr-1693	566	10	has	have	AUX
cblr-1693	566	11	not	not	PART
cblr-1693	566	12	increased	increase	VERB
cblr-1693	566	13	meaningfully	meaningfully	ADV
cblr-1693	566	14	since	since	SCONJ
cblr-1693	566	15	.	.	PUNCT
cblr-1693	567	1	according	accord	VERB
cblr-1693	567	2	to	to	ADP
cblr-1693	567	3	the	the	DET
cblr-1693	567	4	bank	bank	NOUN
cblr-1693	567	5	for	for	ADP
cblr-1693	567	6	international	international	ADJ
cblr-1693	567	7	settlements	settlement	NOUN
cblr-1693	567	8	’	'	PUNCT
cblr-1693	567	9	most	most	ADV
cblr-1693	567	10	recent	recent	ADJ
cblr-1693	567	11	data	datum	NOUN
cblr-1693	567	12	,	,	PUNCT
cblr-1693	567	13	covering	cover	VERB
cblr-1693	567	14	the	the	DET
cblr-1693	567	15	first	first	ADJ
cblr-1693	567	16	half	half	NOUN
cblr-1693	567	17	of	of	ADP
cblr-1693	567	18	2017	2017	NUM
cblr-1693	567	19	,	,	PUNCT
cblr-1693	567	20	central	central	ADJ
cblr-1693	567	21	counterparties	counterpartie	NOUN
cblr-1693	567	22	account	account	VERB
cblr-1693	567	23	for	for	ADP
cblr-1693	567	24	slightly	slightly	ADV
cblr-1693	567	25	141	141	NUM
cblr-1693	567	26	see	see	NOUN
cblr-1693	567	27	supra	supra	PROPN
cblr-1693	567	28	section	section	PROPN
cblr-1693	567	29	ii.d.2	ii.d.2	PROPN
cblr-1693	567	30	.	.	PROPN
cblr-1693	568	1	142	142	NUM
cblr-1693	568	2	see	see	VERB
cblr-1693	568	3	supra	supra	PROPN
cblr-1693	568	4	section	section	PROPN
cblr-1693	568	5	ii.d.2	ii.d.2	PROPN
cblr-1693	568	6	.	.	PUNCT
cblr-1693	569	1	the	the	DET
cblr-1693	569	2	sec	sec	PROPN
cblr-1693	569	3	’s	’s	PART
cblr-1693	569	4	choice	choice	NOUN
cblr-1693	569	5	to	to	PART
cblr-1693	569	6	bury	bury	VERB
cblr-1693	569	7	discussion	discussion	NOUN
cblr-1693	569	8	of	of	ADP
cblr-1693	569	9	possible	possible	ADJ
cblr-1693	569	10	commission	commission	NOUN
cblr-1693	569	11	-	-	PUNCT
cblr-1693	569	12	initiated	initiate	VERB
cblr-1693	569	13	review	review	NOUN
cblr-1693	569	14	in	in	ADP
cblr-1693	569	15	a	a	DET
cblr-1693	569	16	footnote	footnote	NOUN
cblr-1693	569	17	in	in	ADP
cblr-1693	569	18	the	the	DET
cblr-1693	569	19	sec	sec	PROPN
cblr-1693	569	20	process	process	NOUN
cblr-1693	569	21	rule	rule	NOUN
cblr-1693	569	22	—	—	PUNCT
cblr-1693	569	23	and	and	CCONJ
cblr-1693	569	24	to	to	PART
cblr-1693	569	25	relegate	relegate	VERB
cblr-1693	569	26	use	use	NOUN
cblr-1693	569	27	of	of	ADP
cblr-1693	569	28	such	such	ADJ
cblr-1693	569	29	review	review	NOUN
cblr-1693	569	30	to	to	ADP
cblr-1693	569	31	agency	agency	NOUN
cblr-1693	569	32	discretion	discretion	NOUN
cblr-1693	569	33	,	,	PUNCT
cblr-1693	569	34	abandoning	abandon	VERB
cblr-1693	569	35	public	public	ADJ
cblr-1693	569	36	consideration	consideration	NOUN
cblr-1693	569	37	of	of	ADP
cblr-1693	569	38	the	the	DET
cblr-1693	569	39	possibility	possibility	NOUN
cblr-1693	569	40	—	—	PUNCT
cblr-1693	569	41	strongly	strongly	ADV
cblr-1693	569	42	indicates	indicate	VERB
cblr-1693	569	43	that	that	SCONJ
cblr-1693	569	44	any	any	DET
cblr-1693	569	45	hope	hope	NOUN
cblr-1693	569	46	the	the	DET
cblr-1693	569	47	sec	sec	PROPN
cblr-1693	569	48	will	will	AUX
cblr-1693	569	49	change	change	VERB
cblr-1693	569	50	course	course	NOUN
cblr-1693	569	51	soon	soon	ADV
cblr-1693	569	52	is	be	AUX
cblr-1693	569	53	misplaced	misplace	VERB
cblr-1693	569	54	.	.	PUNCT
cblr-1693	570	1	143	143	NUM
cblr-1693	570	2	process	process	NOUN
cblr-1693	570	3	for	for	ADP
cblr-1693	570	4	submissions	submission	NOUN
cblr-1693	570	5	for	for	ADP
cblr-1693	570	6	review	review	NOUN
cblr-1693	570	7	of	of	ADP
cblr-1693	570	8	security	security	NOUN
cblr-1693	570	9	-	-	PUNCT
cblr-1693	570	10	based	base	VERB
cblr-1693	570	11	swaps	swap	NOUN
cblr-1693	570	12	for	for	ADP
cblr-1693	570	13	mandatory	mandatory	ADJ
cblr-1693	570	14	clearing	clearing	NOUN
cblr-1693	570	15	and	and	CCONJ
cblr-1693	570	16	notice	notice	VERB
cblr-1693	570	17	filing	filing	NOUN
cblr-1693	570	18	requirements	requirement	NOUN
cblr-1693	570	19	for	for	ADP
cblr-1693	570	20	clearing	clear	VERB
cblr-1693	570	21	agencies	agency	NOUN
cblr-1693	570	22	;	;	PUNCT
cblr-1693	570	23	technical	technical	ADJ
cblr-1693	570	24	amendments	amendment	NOUN
cblr-1693	570	25	to	to	PART
cblr-1693	570	26	rule	rule	VERB
cblr-1693	570	27	19b-4	19b-4	NOUN
cblr-1693	570	28	and	and	CCONJ
cblr-1693	570	29	form	form	VERB
cblr-1693	570	30	19b-4	19b-4	NOUN
cblr-1693	570	31	applicable	applicable	ADJ
cblr-1693	570	32	to	to	ADP
cblr-1693	570	33	all	all	DET
cblr-1693	570	34	selfregulatory	selfregulatory	ADJ
cblr-1693	570	35	organizations	organization	NOUN
cblr-1693	570	36	,	,	PUNCT
cblr-1693	570	37	77	77	NUM
cblr-1693	570	38	fed	fed	PROPN
cblr-1693	570	39	.	.	PUNCT
cblr-1693	571	1	reg	reg	PROPN
cblr-1693	571	2	.	.	PUNCT
cblr-1693	572	1	41,602	41,602	NUM
cblr-1693	572	2	,	,	PUNCT
cblr-1693	572	3	41,636	41,636	NUM
cblr-1693	572	4	(	(	PUNCT
cblr-1693	572	5	july	july	PROPN
cblr-1693	572	6	13	13	NUM
cblr-1693	572	7	,	,	PUNCT
cblr-1693	572	8	2012	2012	NUM
cblr-1693	572	9	)	)	PUNCT
cblr-1693	572	10	(	(	PUNCT
cblr-1693	572	11	to	to	PART
cblr-1693	572	12	be	be	AUX
cblr-1693	572	13	codified	codify	VERB
cblr-1693	572	14	at	at	ADP
cblr-1693	572	15	17	17	NUM
cblr-1693	572	16	c.f.r	c.f.r	NOUN
cblr-1693	572	17	.	.	PUNCT
cblr-1693	573	1	pts	pts	PROPN
cblr-1693	573	2	.	.	PROPN
cblr-1693	573	3	240	240	NUM
cblr-1693	573	4	,	,	PUNCT
cblr-1693	573	5	249	249	NUM
cblr-1693	573	6	)	)	PUNCT
cblr-1693	573	7	.	.	PUNCT
cblr-1693	574	1	144	144	NUM
cblr-1693	575	1	i	i	PRON
cblr-1693	575	2	d.	d.	PROPN
cblr-1693	575	3	at	at	ADP
cblr-1693	575	4	41,638	41,638	NUM
cblr-1693	575	5	tbl.1	tbl.1	ADV
cblr-1693	575	6	.	.	PUNCT
cblr-1693	576	1	both	both	DET
cblr-1693	576	2	percentages	percentage	NOUN
cblr-1693	576	3	are	be	AUX
cblr-1693	576	4	measured	measure	VERB
cblr-1693	576	5	by	by	ADP
cblr-1693	576	6	notional	notional	ADJ
cblr-1693	576	7	amount	amount	NOUN
cblr-1693	576	8	.	.	PUNCT
cblr-1693	577	1	i	i	PRON
cblr-1693	577	2	d.	d.	PROPN
cblr-1693	577	3	145	145	NUM
cblr-1693	578	1	i	i	PRON
cblr-1693	578	2	d.	d.	PROPN
cblr-1693	578	3	no	no	INTJ
cblr-1693	578	4	.	.	PUNCT
cblr-1693	579	1	1:252	1:252	NUM
cblr-1693	579	2	]	]	X
cblr-1693	579	3	to	to	PART
cblr-1693	579	4	clear	clear	ADJ
cblr-1693	579	5	or	or	CCONJ
cblr-1693	579	6	not	not	PART
cblr-1693	579	7	to	to	PART
cblr-1693	579	8	clear	clear	VERB
cblr-1693	579	9	285	285	NUM
cblr-1693	579	10	more	more	ADJ
cblr-1693	579	11	than	than	ADP
cblr-1693	579	12	half	half	NOUN
cblr-1693	579	13	of	of	ADP
cblr-1693	579	14	the	the	DET
cblr-1693	579	15	gross	gross	ADJ
cblr-1693	579	16	outstanding	outstanding	ADJ
cblr-1693	579	17	notional	notional	ADJ
cblr-1693	579	18	amount	amount	NOUN
cblr-1693	579	19	of	of	ADP
cblr-1693	579	20	index	index	NOUN
cblr-1693	579	21	cdss	cdss	NOUN
cblr-1693	579	22	,	,	PUNCT
cblr-1693	579	23	and	and	CCONJ
cblr-1693	579	24	around	around	ADV
cblr-1693	579	25	thirty	thirty	NUM
cblr-1693	579	26	percent	percent	NOUN
cblr-1693	579	27	of	of	ADP
cblr-1693	579	28	the	the	DET
cblr-1693	579	29	gross	gross	ADJ
cblr-1693	579	30	outstanding	outstanding	ADJ
cblr-1693	579	31	notional	notional	ADJ
cblr-1693	579	32	amount	amount	NOUN
cblr-1693	579	33	in	in	ADP
cblr-1693	579	34	single	single	ADJ
cblr-1693	579	35	-	-	PUNCT
cblr-1693	579	36	name	name	NOUN
cblr-1693	579	37	cdss.146	cdss.146	PROPN
cblr-1693	579	38	the	the	DET
cblr-1693	579	39	amount	amount	NOUN
cblr-1693	579	40	of	of	ADP
cblr-1693	579	41	equity	equity	NOUN
cblr-1693	579	42	otc	otc	PROPN
cblr-1693	579	43	derivatives	derivative	NOUN
cblr-1693	579	44	traded	trade	VERB
cblr-1693	579	45	with	with	ADP
cblr-1693	579	46	central	central	ADJ
cblr-1693	579	47	counterparties	counterpartie	NOUN
cblr-1693	579	48	remains	remain	VERB
cblr-1693	579	49	negligible.147	negligible.147	NOUN
cblr-1693	579	50	unsurprisingly	unsurprisingly	ADV
cblr-1693	579	51	,	,	PUNCT
cblr-1693	579	52	considering	consider	VERB
cblr-1693	579	53	the	the	DET
cblr-1693	579	54	sec	sec	PROPN
cblr-1693	579	55	’s	’s	PART
cblr-1693	579	56	regulatory	regulatory	ADJ
cblr-1693	579	57	stagnancy	stagnancy	NOUN
cblr-1693	579	58	during	during	ADP
cblr-1693	579	59	the	the	DET
cblr-1693	579	60	intervening	intervene	VERB
cblr-1693	579	61	time	time	NOUN
cblr-1693	579	62	,	,	PUNCT
cblr-1693	579	63	it	it	PRON
cblr-1693	579	64	appears	appear	VERB
cblr-1693	579	65	that	that	SCONJ
cblr-1693	579	66	the	the	DET
cblr-1693	579	67	market	market	NOUN
cblr-1693	579	68	’s	’s	PART
cblr-1693	579	69	central	central	ADJ
cblr-1693	579	70	clearing	clearing	NOUN
cblr-1693	579	71	of	of	ADP
cblr-1693	579	72	security	security	NOUN
cblr-1693	579	73	-	-	PUNCT
cblr-1693	579	74	based	base	VERB
cblr-1693	579	75	swaps	swap	NOUN
cblr-1693	579	76	remains	remain	VERB
cblr-1693	579	77	unchanged	unchanged	ADJ
cblr-1693	579	78	.	.	PUNCT
cblr-1693	580	1	as	as	ADP
cblr-1693	580	2	a	a	DET
cblr-1693	580	3	result	result	NOUN
cblr-1693	580	4	,	,	PUNCT
cblr-1693	580	5	a	a	DET
cblr-1693	580	6	majority	majority	NOUN
cblr-1693	580	7	of	of	ADP
cblr-1693	580	8	security	security	NOUN
cblr-1693	580	9	-	-	PUNCT
cblr-1693	580	10	based	base	VERB
cblr-1693	580	11	swaps	swap	NOUN
cblr-1693	580	12	currently	currently	ADV
cblr-1693	580	13	traded	trade	VERB
cblr-1693	580	14	in	in	ADP
cblr-1693	580	15	the	the	DET
cblr-1693	580	16	market	market	NOUN
cblr-1693	580	17	would	would	AUX
cblr-1693	580	18	not	not	PART
cblr-1693	580	19	be	be	AUX
cblr-1693	580	20	subject	subject	ADJ
cblr-1693	580	21	to	to	ADP
cblr-1693	580	22	sec	sec	PROPN
cblr-1693	580	23	review	review	NOUN
cblr-1693	580	24	under	under	ADP
cblr-1693	580	25	the	the	DET
cblr-1693	580	26	submission	submission	NOUN
cblr-1693	580	27	-	-	PUNCT
cblr-1693	580	28	only	only	ADV
cblr-1693	580	29	approach	approach	NOUN
cblr-1693	580	30	established	establish	VERB
cblr-1693	580	31	by	by	ADP
cblr-1693	580	32	the	the	DET
cblr-1693	580	33	sec	sec	PROPN
cblr-1693	580	34	process	process	NOUN
cblr-1693	580	35	rule	rule	NOUN
cblr-1693	580	36	.	.	PUNCT
cblr-1693	581	1	this	this	PRON
cblr-1693	581	2	would	would	AUX
cblr-1693	581	3	not	not	PART
cblr-1693	581	4	change	change	VERB
cblr-1693	581	5	unless	unless	SCONJ
cblr-1693	581	6	central	central	ADJ
cblr-1693	581	7	clearinghouses	clearinghouse	NOUN
cblr-1693	581	8	decided	decide	VERB
cblr-1693	581	9	to	to	PART
cblr-1693	581	10	begin	begin	VERB
cblr-1693	581	11	offering	offer	VERB
cblr-1693	581	12	clearing	clearing	NOUN
cblr-1693	581	13	services	service	NOUN
cblr-1693	581	14	for	for	ADP
cblr-1693	581	15	previously	previously	ADV
cblr-1693	581	16	uncleared	uncleared	ADJ
cblr-1693	581	17	security	security	NOUN
cblr-1693	581	18	-	-	PUNCT
cblr-1693	581	19	based	base	VERB
cblr-1693	581	20	swaps	swap	NOUN
cblr-1693	581	21	,	,	PUNCT
cblr-1693	581	22	triggering	trigger	VERB
cblr-1693	581	23	submissions	submission	NOUN
cblr-1693	581	24	on	on	ADP
cblr-1693	581	25	those	those	DET
cblr-1693	581	26	products	product	NOUN
cblr-1693	581	27	.	.	PUNCT
cblr-1693	582	1	similarly	similarly	ADV
cblr-1693	582	2	,	,	PUNCT
cblr-1693	582	3	new	new	ADJ
cblr-1693	582	4	security	security	NOUN
cblr-1693	582	5	-	-	PUNCT
cblr-1693	582	6	based	base	VERB
cblr-1693	582	7	swap	swap	NOUN
cblr-1693	582	8	products	product	NOUN
cblr-1693	582	9	emerging	emerge	VERB
cblr-1693	582	10	in	in	ADP
cblr-1693	582	11	the	the	DET
cblr-1693	582	12	market	market	NOUN
cblr-1693	582	13	would	would	AUX
cblr-1693	582	14	not	not	PART
cblr-1693	582	15	be	be	AUX
cblr-1693	582	16	subject	subject	ADJ
cblr-1693	582	17	to	to	ADP
cblr-1693	582	18	sec	sec	PROPN
cblr-1693	582	19	review	review	NOUN
cblr-1693	582	20	unless	unless	SCONJ
cblr-1693	582	21	a	a	DET
cblr-1693	582	22	central	central	ADJ
cblr-1693	582	23	clearing	clearing	NOUN
cblr-1693	582	24	party	party	NOUN
cblr-1693	582	25	wished	wish	VERB
cblr-1693	582	26	to	to	PART
cblr-1693	582	27	offer	offer	VERB
cblr-1693	582	28	clearing	clearing	NOUN
cblr-1693	582	29	services	service	NOUN
cblr-1693	582	30	for	for	ADP
cblr-1693	582	31	it	it	PRON
cblr-1693	582	32	.	.	PUNCT
cblr-1693	583	1	in	in	ADP
cblr-1693	583	2	both	both	DET
cblr-1693	583	3	cases	case	NOUN
cblr-1693	583	4	,	,	PUNCT
cblr-1693	583	5	though	though	ADV
cblr-1693	583	6	,	,	PUNCT
cblr-1693	583	7	industry	industry	NOUN
cblr-1693	583	8	participants	participant	NOUN
cblr-1693	583	9	—	—	PUNCT
cblr-1693	583	10	and	and	CCONJ
cblr-1693	583	11	not	not	PART
cblr-1693	583	12	the	the	DET
cblr-1693	583	13	financial	financial	ADJ
cblr-1693	583	14	regulators	regulator	NOUN
cblr-1693	583	15	—	—	PUNCT
cblr-1693	583	16	would	would	AUX
cblr-1693	583	17	control	control	VERB
cblr-1693	583	18	which	which	DET
cblr-1693	583	19	products	product	NOUN
cblr-1693	583	20	could	could	AUX
cblr-1693	583	21	potentially	potentially	ADV
cblr-1693	583	22	be	be	AUX
cblr-1693	583	23	included	include	VERB
cblr-1693	583	24	in	in	ADP
cblr-1693	583	25	the	the	DET
cblr-1693	583	26	central	central	ADJ
cblr-1693	583	27	clearing	clearing	NOUN
cblr-1693	583	28	mandate	mandate	NOUN
cblr-1693	583	29	.	.	PUNCT
cblr-1693	584	1	b.	b.	NOUN
cblr-1693	584	2	one	one	NUM
cblr-1693	584	3	size	size	NOUN
cblr-1693	584	4	does	do	AUX
cblr-1693	584	5	not	not	PART
cblr-1693	584	6	fit	fit	VERB
cblr-1693	584	7	all	all	PRON
cblr-1693	584	8	:	:	PUNCT
cblr-1693	584	9	the	the	DET
cblr-1693	584	10	cftc	cftc	PROPN
cblr-1693	584	11	’s	’s	PART
cblr-1693	584	12	approach	approach	NOUN
cblr-1693	584	13	146	146	NUM
cblr-1693	584	14	semiannual	semiannual	ADJ
cblr-1693	584	15	otc	otc	PROPN
cblr-1693	584	16	derivatives	derivative	NOUN
cblr-1693	584	17	statistics	statistic	NOUN
cblr-1693	584	18	,	,	PUNCT
cblr-1693	584	19	global	global	ADJ
cblr-1693	584	20	otc	otc	PROPN
cblr-1693	584	21	derivatives	derivative	NOUN
cblr-1693	584	22	market	market	NOUN
cblr-1693	584	23	:	:	PUNCT
cblr-1693	584	24	commodity	commodity	NOUN
cblr-1693	584	25	contracts	contract	NOUN
cblr-1693	584	26	,	,	PUNCT
cblr-1693	584	27	credit	credit	NOUN
cblr-1693	584	28	default	default	NOUN
cblr-1693	584	29	swaps	swap	NOUN
cblr-1693	584	30	,	,	PUNCT
cblr-1693	584	31	bank	bank	NOUN
cblr-1693	584	32	of	of	ADP
cblr-1693	584	33	int’l	int’l	NUM
cblr-1693	584	34	settlements	settlement	NOUN
cblr-1693	584	35	,	,	PUNCT
cblr-1693	584	36	http://stats.bis.org/statx/srs/tseries/otc_deriv/h:n:a	http://stats.bis.org/statx/srs/tseries/otc_deriv/h:n:a	PROPN
cblr-1693	584	37	:	:	PUNCT
cblr-1693	584	38	y	y	NOUN
cblr-1693	584	39	:	:	PUNCT
cblr-1693	584	40	r	r	NOUN
cblr-1693	584	41	:	:	PUNCT
cblr-1693	584	42	a	a	DET
cblr-1693	584	43	:	:	PUNCT
cblr-1693	584	44	a:5a:5j?t	a:5a:5j?t	ADJ
cblr-1693	584	45	=	=	ADJ
cblr-1693	584	46	d5.2&p=20171&i=28.4&x	d5.2&p=20171&i=28.4&x	NOUN
cblr-1693	584	47	=	=	PUNCT
cblr-1693	584	48	od_cparty.5.cl_od_cpa	od_cparty.5.cl_od_cpa	NOUN
cblr-1693	584	49	rty&o	rty&o	NOUN
cblr-1693	584	50	=	=	SYM
cblr-1693	584	51	s	s	NOUN
cblr-1693	584	52	:	:	PUNCT
cblr-1693	584	53	line	line	NOUN
cblr-1693	584	54	,	,	PUNCT
cblr-1693	584	55	z:3	z:3	PROPN
cblr-1693	585	1	[	[	X
cblr-1693	585	2	perma.cc/s2jw-3jns	perma.cc/s2jw-3jns	NUM
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cblr-1693	585	4	(	(	PUNCT
cblr-1693	585	5	showing	show	VERB
cblr-1693	585	6	number	number	NOUN
cblr-1693	585	7	of	of	ADP
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cblr-1693	585	9	cds	cd	NOUN
cblr-1693	585	10	trades	trade	NOUN
cblr-1693	585	11	with	with	ADP
cblr-1693	585	12	central	central	ADJ
cblr-1693	585	13	clearing	clearing	NOUN
cblr-1693	585	14	parties	party	NOUN
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cblr-1693	585	16	;	;	PUNCT
cblr-1693	585	17	semiannual	semiannual	ADJ
cblr-1693	585	18	otc	otc	PROPN
cblr-1693	585	19	derivatives	derivative	NOUN
cblr-1693	585	20	statistics	statistic	NOUN
cblr-1693	585	21	,	,	PUNCT
cblr-1693	585	22	global	global	ADJ
cblr-1693	585	23	otc	otc	PROPN
cblr-1693	585	24	derivatives	derivative	NOUN
cblr-1693	585	25	market	market	NOUN
cblr-1693	585	26	:	:	PUNCT
cblr-1693	585	27	commodity	commodity	NOUN
cblr-1693	585	28	contracts	contract	NOUN
cblr-1693	585	29	,	,	PUNCT
cblr-1693	585	30	credit	credit	NOUN
cblr-1693	585	31	default	default	NOUN
cblr-1693	585	32	swaps	swap	NOUN
cblr-1693	585	33	,	,	PUNCT
cblr-1693	585	34	bank	bank	NOUN
cblr-1693	585	35	of	of	ADP
cblr-1693	585	36	int’l	int’l	NUM
cblr-1693	585	37	settlements	settlement	NOUN
cblr-1693	585	38	,	,	PUNCT
cblr-1693	585	39	http://stats.bis.org/statx/srs	http://stats.bis.org/statx/srs	ADP
cblr-1693	585	40	/tseries	/tserie	NOUN
cblr-1693	585	41	/	/	SYM
cblr-1693	585	42	otc_deriv	otc_deriv	ADJ
cblr-1693	585	43	/	/	SYM
cblr-1693	585	44	h	h	NOUN
cblr-1693	585	45	:	:	PUNCT
cblr-1693	585	46	n	n	CCONJ
cblr-1693	585	47	:	:	PUNCT
cblr-1693	585	48	d	d	X
cblr-1693	585	49	:	:	PUNCT
cblr-1693	585	50	y	y	NOUN
cblr-1693	585	51	:	:	PUNCT
cblr-1693	585	52	n	n	CCONJ
cblr-1693	585	53	:	:	PUNCT
cblr-1693	585	54	a	a	DET
cblr-1693	585	55	:	:	PUNCT
cblr-1693	585	56	a:5a:5j?t	a:5a:5j?t	ADJ
cblr-1693	585	57	=	=	NOUN
cblr-1693	585	58	d5.2&p=20171&i=26.8&x=	d5.2&p=20171&i=26.8&x=	X
cblr-1693	585	59	od_cparty.5.cl_od_cparty&o	od_cparty.5.cl_od_cparty&o	NOUN
cblr-1693	585	60	=	=	SYM
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cblr-1693	585	62	:	:	PUNCT
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cblr-1693	585	64	,	,	PUNCT
cblr-1693	585	65	z:3	z:3	PROPN
cblr-1693	586	1	[	[	X
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cblr-1693	586	4	(	(	PUNCT
cblr-1693	586	5	showing	show	VERB
cblr-1693	586	6	number	number	NOUN
cblr-1693	586	7	of	of	ADP
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cblr-1693	586	9	-	-	PUNCT
cblr-1693	586	10	name	name	NOUN
cblr-1693	586	11	cds	cd	NOUN
cblr-1693	586	12	trades	trade	NOUN
cblr-1693	586	13	with	with	ADP
cblr-1693	586	14	central	central	ADJ
cblr-1693	586	15	clearing	clearing	NOUN
cblr-1693	586	16	parties	party	NOUN
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cblr-1693	586	18	.	.	PUNCT
cblr-1693	587	1	147	147	NUM
cblr-1693	587	2	semiannual	semiannual	ADJ
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cblr-1693	587	6	,	,	PUNCT
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cblr-1693	587	8	otc	otc	PROPN
cblr-1693	587	9	derivatives	derivative	NOUN
cblr-1693	587	10	market	market	NOUN
cblr-1693	587	11	:	:	PUNCT
cblr-1693	587	12	commodity	commodity	NOUN
cblr-1693	587	13	contracts	contract	NOUN
cblr-1693	587	14	,	,	PUNCT
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cblr-1693	587	17	,	,	PUNCT
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cblr-1693	587	19	rate	rate	NOUN
cblr-1693	587	20	,	,	PUNCT
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cblr-1693	587	22	linked	link	VERB
cblr-1693	587	23	contracts	contract	NOUN
cblr-1693	587	24	,	,	PUNCT
cblr-1693	587	25	bank	bank	NOUN
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cblr-1693	587	27	int’l	int’l	NUM
cblr-1693	587	28	settlements	settlement	NOUN
cblr-1693	587	29	,	,	PUNCT
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cblr-1693	588	4	(	(	PUNCT
cblr-1693	588	5	showing	show	VERB
cblr-1693	588	6	equity	equity	NOUN
cblr-1693	588	7	trades	trade	NOUN
cblr-1693	588	8	with	with	ADP
cblr-1693	588	9	central	central	ADJ
cblr-1693	588	10	counterparties	counterpartie	NOUN
cblr-1693	588	11	)	)	PUNCT
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cblr-1693	589	1	286	286	NUM
cblr-1693	589	2	columbia	columbia	PROPN
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cblr-1693	589	4	law	law	NOUN
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cblr-1693	590	1	[	[	X
cblr-1693	590	2	vol	vol	NOUN
cblr-1693	590	3	.	.	PUNCT
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cblr-1693	590	5	does	do	AUX
cblr-1693	590	6	not	not	PART
cblr-1693	590	7	work	work	VERB
cblr-1693	590	8	for	for	ADP
cblr-1693	590	9	the	the	DET
cblr-1693	590	10	sec	sec	PROPN
cblr-1693	590	11	although	although	SCONJ
cblr-1693	590	12	the	the	DET
cblr-1693	590	13	sec	sec	PROPN
cblr-1693	590	14	has	have	AUX
cblr-1693	590	15	not	not	PART
cblr-1693	590	16	attempted	attempt	VERB
cblr-1693	590	17	to	to	PART
cblr-1693	590	18	justify	justify	VERB
cblr-1693	590	19	its	its	PRON
cblr-1693	590	20	planned	plan	VERB
cblr-1693	590	21	treatment	treatment	NOUN
cblr-1693	590	22	of	of	ADP
cblr-1693	590	23	commission	commission	NOUN
cblr-1693	590	24	-	-	PUNCT
cblr-1693	590	25	initiated	initiate	VERB
cblr-1693	590	26	review	review	NOUN
cblr-1693	590	27	,	,	PUNCT
cblr-1693	590	28	it	it	PRON
cblr-1693	590	29	may	may	AUX
cblr-1693	590	30	argue	argue	VERB
cblr-1693	590	31	that	that	SCONJ
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cblr-1693	590	33	cftc	cftc	PROPN
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cblr-1693	590	36	in	in	ADP
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cblr-1693	590	38	the	the	DET
cblr-1693	590	39	central	central	ADJ
cblr-1693	590	40	clearing	clearing	NOUN
cblr-1693	590	41	mandate	mandate	NOUN
cblr-1693	590	42	illustrates	illustrate	VERB
cblr-1693	590	43	that	that	SCONJ
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cblr-1693	590	45	commission	commission	NOUN
cblr-1693	590	46	-	-	PUNCT
cblr-1693	590	47	initiated	initiate	VERB
cblr-1693	590	48	review	review	NOUN
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cblr-1693	590	52	.	.	PUNCT
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cblr-1693	591	2	cftc	cftc	PROPN
cblr-1693	591	3	rules	rule	VERB
cblr-1693	591	4	implementing	implement	VERB
cblr-1693	591	5	the	the	DET
cblr-1693	591	6	central	central	ADJ
cblr-1693	591	7	clearing	clearing	NOUN
cblr-1693	591	8	requirement	requirement	NOUN
cblr-1693	591	9	were	be	AUX
cblr-1693	591	10	promulgated	promulgate	VERB
cblr-1693	591	11	on	on	ADP
cblr-1693	591	12	the	the	DET
cblr-1693	591	13	basis	basis	NOUN
cblr-1693	591	14	of	of	ADP
cblr-1693	591	15	swap	swap	NOUN
cblr-1693	591	16	submissions	submission	NOUN
cblr-1693	591	17	rather	rather	ADV
cblr-1693	591	18	than	than	ADP
cblr-1693	591	19	through	through	ADP
cblr-1693	591	20	top	top	ADJ
cblr-1693	591	21	-	-	PUNCT
cblr-1693	591	22	down	down	ADP
cblr-1693	591	23	agency	agency	NOUN
cblr-1693	591	24	review.148	review.148	NOUN
cblr-1693	591	25	some	some	DET
cblr-1693	591	26	observers	observer	NOUN
cblr-1693	591	27	note	note	VERB
cblr-1693	591	28	that	that	SCONJ
cblr-1693	591	29	the	the	DET
cblr-1693	591	30	sec	sec	PROPN
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cblr-1693	591	32	slower	slow	ADJ
cblr-1693	591	33	regulatory	regulatory	ADJ
cblr-1693	591	34	approach	approach	NOUN
cblr-1693	591	35	allows	allow	VERB
cblr-1693	591	36	it	it	PRON
cblr-1693	591	37	to	to	PART
cblr-1693	591	38	learn	learn	VERB
cblr-1693	591	39	from	from	ADP
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cblr-1693	591	41	cftc	cftc	PROPN
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cblr-1693	591	44	,	,	PUNCT
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cblr-1693	591	46	tailor	tailor	VERB
cblr-1693	591	47	its	its	PRON
cblr-1693	591	48	rules	rule	NOUN
cblr-1693	591	49	accordingly.149	accordingly.149	PRON
cblr-1693	591	50	as	as	ADP
cblr-1693	591	51	part	part	NOUN
cblr-1693	591	52	of	of	ADP
cblr-1693	591	53	this	this	DET
cblr-1693	591	54	deliberate	deliberate	ADJ
cblr-1693	591	55	strategy	strategy	NOUN
cblr-1693	591	56	,	,	PUNCT
cblr-1693	591	57	the	the	DET
cblr-1693	591	58	sec	sec	PROPN
cblr-1693	591	59	could	could	AUX
cblr-1693	591	60	claim	claim	VERB
cblr-1693	591	61	it	it	PRON
cblr-1693	591	62	consciously	consciously	ADV
cblr-1693	591	63	decided	decide	VERB
cblr-1693	591	64	to	to	ADP
cblr-1693	591	65	forego	forego	PROPN
cblr-1693	591	66	commission	commission	NOUN
cblr-1693	591	67	-	-	PUNCT
cblr-1693	591	68	initiated	initiate	VERB
cblr-1693	591	69	review	review	NOUN
cblr-1693	591	70	because	because	SCONJ
cblr-1693	591	71	the	the	DET
cblr-1693	591	72	cftc	cftc	PROPN
cblr-1693	591	73	has	have	AUX
cblr-1693	591	74	not	not	PART
cblr-1693	591	75	yet	yet	ADV
cblr-1693	591	76	found	find	VERB
cblr-1693	591	77	use	use	NOUN
cblr-1693	591	78	for	for	ADP
cblr-1693	591	79	it	it	PRON
cblr-1693	591	80	.	.	PUNCT
cblr-1693	592	1	this	this	DET
cblr-1693	592	2	decision	decision	NOUN
cblr-1693	592	3	would	would	AUX
cblr-1693	592	4	be	be	AUX
cblr-1693	592	5	a	a	DET
cblr-1693	592	6	critical	critical	ADJ
cblr-1693	592	7	regulatory	regulatory	ADJ
cblr-1693	592	8	misstep	misstep	NOUN
cblr-1693	592	9	for	for	ADP
cblr-1693	592	10	three	three	NUM
cblr-1693	592	11	important	important	ADJ
cblr-1693	592	12	reasons	reason	NOUN
cblr-1693	592	13	.	.	PUNCT
cblr-1693	593	1	first	first	ADV
cblr-1693	593	2	,	,	PUNCT
cblr-1693	593	3	security	security	NOUN
cblr-1693	593	4	-	-	PUNCT
cblr-1693	593	5	based	base	VERB
cblr-1693	593	6	swaps	swap	NOUN
cblr-1693	593	7	are	be	AUX
cblr-1693	593	8	currently	currently	ADV
cblr-1693	593	9	less	less	ADV
cblr-1693	593	10	likely	likely	ADJ
cblr-1693	593	11	to	to	PART
cblr-1693	593	12	be	be	AUX
cblr-1693	593	13	voluntarily	voluntarily	ADV
cblr-1693	593	14	cleared	clear	VERB
cblr-1693	593	15	or	or	CCONJ
cblr-1693	593	16	even	even	ADV
cblr-1693	593	17	clearable	clearable	ADJ
cblr-1693	593	18	with	with	ADP
cblr-1693	593	19	central	central	ADJ
cblr-1693	593	20	clearing	clearing	NOUN
cblr-1693	593	21	parties	party	NOUN
cblr-1693	593	22	.	.	PUNCT
cblr-1693	594	1	second	second	ADJ
cblr-1693	594	2	,	,	PUNCT
cblr-1693	594	3	industry	industry	NOUN
cblr-1693	594	4	participants	participant	NOUN
cblr-1693	594	5	generally	generally	ADV
cblr-1693	594	6	consider	consider	VERB
cblr-1693	594	7	security	security	NOUN
cblr-1693	594	8	-	-	PUNCT
cblr-1693	594	9	based	base	VERB
cblr-1693	594	10	swaps	swap	NOUN
cblr-1693	594	11	less	less	ADV
cblr-1693	594	12	appropriate	appropriate	ADJ
cblr-1693	594	13	for	for	ADP
cblr-1693	594	14	clearing	clearing	NOUN
cblr-1693	594	15	and	and	CCONJ
cblr-1693	594	16	are	be	AUX
cblr-1693	594	17	therefore	therefore	ADV
cblr-1693	594	18	less	less	ADV
cblr-1693	594	19	likely	likely	ADJ
cblr-1693	594	20	to	to	PART
cblr-1693	594	21	pursue	pursue	VERB
cblr-1693	594	22	voluntary	voluntary	ADJ
cblr-1693	594	23	clearing	clearing	NOUN
cblr-1693	594	24	of	of	ADP
cblr-1693	594	25	security	security	NOUN
cblr-1693	594	26	-	-	PUNCT
cblr-1693	594	27	based	base	VERB
cblr-1693	594	28	swaps	swap	NOUN
cblr-1693	594	29	without	without	ADP
cblr-1693	594	30	regulatory	regulatory	ADJ
cblr-1693	594	31	encouragement	encouragement	NOUN
cblr-1693	594	32	.	.	PUNCT
cblr-1693	595	1	and	and	CCONJ
cblr-1693	595	2	third	third	ADV
cblr-1693	595	3	,	,	PUNCT
cblr-1693	595	4	the	the	DET
cblr-1693	595	5	cftc	cftc	PROPN
cblr-1693	595	6	’s	’s	PART
cblr-1693	595	7	approach	approach	NOUN
cblr-1693	595	8	took	take	VERB
cblr-1693	595	9	advantage	advantage	NOUN
cblr-1693	595	10	of	of	ADP
cblr-1693	595	11	existing	exist	VERB
cblr-1693	595	12	regulatory	regulatory	ADJ
cblr-1693	595	13	incentives	incentive	NOUN
cblr-1693	595	14	to	to	PART
cblr-1693	595	15	push	push	VERB
cblr-1693	595	16	the	the	DET
cblr-1693	595	17	market	market	NOUN
cblr-1693	595	18	towards	towards	ADP
cblr-1693	595	19	voluntary	voluntary	ADJ
cblr-1693	595	20	clearing	clearing	NOUN
cblr-1693	595	21	;	;	PUNCT
cblr-1693	595	22	without	without	ADP
cblr-1693	595	23	commissioninitiated	commissioninitiate	VERB
cblr-1693	595	24	review	review	NOUN
cblr-1693	595	25	,	,	PUNCT
cblr-1693	595	26	the	the	DET
cblr-1693	595	27	sec	sec	PROPN
cblr-1693	595	28	will	will	AUX
cblr-1693	595	29	struggle	struggle	VERB
cblr-1693	595	30	to	to	PART
cblr-1693	595	31	benefit	benefit	VERB
cblr-1693	595	32	from	from	ADP
cblr-1693	595	33	similar	similar	ADJ
cblr-1693	595	34	forces	force	NOUN
cblr-1693	595	35	.	.	PUNCT
cblr-1693	596	1	1	1	X
cblr-1693	596	2	.	.	X
cblr-1693	596	3	current	current	ADJ
cblr-1693	596	4	clearing	clearing	NOUN
cblr-1693	596	5	of	of	ADP
cblr-1693	596	6	security	security	NOUN
cblr-1693	596	7	-	-	PUNCT
cblr-1693	596	8	based	base	VERB
cblr-1693	596	9	swaps	swap	NOUN
cblr-1693	596	10	limit	limit	NOUN
cblr-1693	596	11	submissions	submission	NOUN
cblr-1693	596	12	’	'	PUNCT
cblr-1693	596	13	effectiveness	effectiveness	NOUN
cblr-1693	596	14	the	the	DET
cblr-1693	596	15	cftc	cftc	PROPN
cblr-1693	596	16	’s	’s	PART
cblr-1693	596	17	use	use	NOUN
cblr-1693	596	18	of	of	ADP
cblr-1693	596	19	submissions	submission	NOUN
cblr-1693	596	20	was	be	AUX
cblr-1693	596	21	particularly	particularly	ADV
cblr-1693	596	22	effective	effective	ADJ
cblr-1693	596	23	because	because	SCONJ
cblr-1693	596	24	most	most	ADJ
cblr-1693	596	25	of	of	ADP
cblr-1693	596	26	the	the	DET
cblr-1693	596	27	swaps	swap	NOUN
cblr-1693	596	28	market	market	NOUN
cblr-1693	596	29	was	be	AUX
cblr-1693	596	30	already	already	ADV
cblr-1693	596	31	clearable	clearable	ADJ
cblr-1693	596	32	at	at	ADP
cblr-1693	596	33	the	the	DET
cblr-1693	596	34	time	time	NOUN
cblr-1693	596	35	of	of	ADP
cblr-1693	596	36	the	the	DET
cblr-1693	596	37	clearing	clearing	NOUN
cblr-1693	596	38	requirement	requirement	NOUN
cblr-1693	596	39	determinations	determination	NOUN
cblr-1693	596	40	.	.	PUNCT
cblr-1693	597	1	the	the	DET
cblr-1693	597	2	148	148	NUM
cblr-1693	597	3	see	see	VERB
cblr-1693	597	4	clearing	clearing	NOUN
cblr-1693	597	5	requirement	requirement	NOUN
cblr-1693	597	6	determination	determination	NOUN
cblr-1693	597	7	under	under	ADP
cblr-1693	597	8	section	section	NOUN
cblr-1693	597	9	2(h	2(h	NUM
cblr-1693	597	10	)	)	PUNCT
cblr-1693	597	11	of	of	ADP
cblr-1693	597	12	the	the	DET
cblr-1693	597	13	cea	cea	PROPN
cblr-1693	597	14	,	,	PUNCT
cblr-1693	597	15	77	77	NUM
cblr-1693	597	16	fed	fed	PROPN
cblr-1693	597	17	.	.	PUNCT
cblr-1693	598	1	reg	reg	PROPN
cblr-1693	598	2	.	.	PUNCT
cblr-1693	599	1	74,284	74,284	NUM
cblr-1693	599	2	,	,	PUNCT
cblr-1693	599	3	74,287	74,287	NUM
cblr-1693	599	4	(	(	PUNCT
cblr-1693	599	5	dec	dec	PROPN
cblr-1693	599	6	.	.	PROPN
cblr-1693	599	7	13	13	NUM
cblr-1693	599	8	,	,	PUNCT
cblr-1693	599	9	2012	2012	NUM
cblr-1693	599	10	)	)	PUNCT
cblr-1693	599	11	(	(	PUNCT
cblr-1693	599	12	to	to	PART
cblr-1693	599	13	be	be	AUX
cblr-1693	599	14	codified	codify	VERB
cblr-1693	599	15	at	at	ADP
cblr-1693	599	16	17	17	NUM
cblr-1693	599	17	c.f.r	c.f.r	NOUN
cblr-1693	599	18	.	.	PUNCT
cblr-1693	600	1	pts	pts	PROPN
cblr-1693	600	2	.	.	PROPN
cblr-1693	600	3	39	39	NUM
cblr-1693	600	4	,	,	PUNCT
cblr-1693	600	5	50	50	NUM
cblr-1693	600	6	)	)	PUNCT
cblr-1693	600	7	;	;	PUNCT
cblr-1693	600	8	clearing	clear	VERB
cblr-1693	600	9	requirement	requirement	NOUN
cblr-1693	600	10	determination	determination	NOUN
cblr-1693	600	11	under	under	ADP
cblr-1693	600	12	section	section	NOUN
cblr-1693	600	13	2(h	2(h	NUM
cblr-1693	600	14	)	)	PUNCT
cblr-1693	600	15	of	of	ADP
cblr-1693	600	16	the	the	DET
cblr-1693	600	17	commodity	commodity	NOUN
cblr-1693	600	18	exchange	exchange	PROPN
cblr-1693	600	19	act	act	NOUN
cblr-1693	600	20	for	for	ADP
cblr-1693	600	21	interest	interest	NOUN
cblr-1693	600	22	rate	rate	NOUN
cblr-1693	600	23	swaps	swap	NOUN
cblr-1693	600	24	,	,	PUNCT
cblr-1693	600	25	81	81	NUM
cblr-1693	600	26	fed	feed	VERB
cblr-1693	600	27	.	.	PUNCT
cblr-1693	601	1	reg	reg	PROPN
cblr-1693	601	2	.	.	PUNCT
cblr-1693	602	1	71,202	71,202	NUM
cblr-1693	602	2	,	,	PUNCT
cblr-1693	602	3	71,205–06	71,205–06	NUM
cblr-1693	602	4	(	(	PUNCT
cblr-1693	602	5	oct	oct	PROPN
cblr-1693	602	6	.	.	PROPN
cblr-1693	602	7	14	14	NUM
cblr-1693	602	8	,	,	PUNCT
cblr-1693	602	9	2016	2016	NUM
cblr-1693	602	10	)	)	PUNCT
cblr-1693	602	11	(	(	PUNCT
cblr-1693	602	12	to	to	PART
cblr-1693	602	13	be	be	AUX
cblr-1693	602	14	codified	codify	VERB
cblr-1693	602	15	at	at	ADP
cblr-1693	602	16	17	17	NUM
cblr-1693	602	17	c.f.r	c.f.r	NOUN
cblr-1693	602	18	.	.	PUNCT
cblr-1693	603	1	pt	pt	PROPN
cblr-1693	603	2	.	.	PROPN
cblr-1693	603	3	50	50	NUM
cblr-1693	603	4	)	)	PUNCT
cblr-1693	603	5	.	.	PUNCT
cblr-1693	604	1	149	149	NUM
cblr-1693	604	2	see	see	VERB
cblr-1693	604	3	hammar	hammar	PROPN
cblr-1693	604	4	et	et	PROPN
cblr-1693	604	5	al	al	PROPN
cblr-1693	604	6	.	.	PROPN
cblr-1693	604	7	,	,	PUNCT
cblr-1693	604	8	supra	supra	PROPN
cblr-1693	604	9	note	note	PROPN
cblr-1693	604	10	90	90	NUM
cblr-1693	604	11	,	,	PUNCT
cblr-1693	604	12	at	at	ADP
cblr-1693	604	13	81	81	NUM
cblr-1693	604	14	.	.	PUNCT
cblr-1693	605	1	no	no	INTJ
cblr-1693	605	2	.	.	PUNCT
cblr-1693	606	1	1:252	1:252	NUM
cblr-1693	606	2	]	]	X
cblr-1693	606	3	to	to	PART
cblr-1693	606	4	clear	clear	ADJ
cblr-1693	606	5	or	or	CCONJ
cblr-1693	606	6	not	not	PART
cblr-1693	606	7	to	to	PART
cblr-1693	606	8	clear	clear	VERB
cblr-1693	606	9	287	287	NUM
cblr-1693	606	10	initial	initial	ADJ
cblr-1693	606	11	cftc	cftc	PROPN
cblr-1693	606	12	clearing	clearing	NOUN
cblr-1693	606	13	mandate	mandate	NOUN
cblr-1693	606	14	estimated	estimate	VERB
cblr-1693	606	15	that	that	SCONJ
cblr-1693	606	16	the	the	DET
cblr-1693	606	17	interest	interest	NOUN
cblr-1693	606	18	rate	rate	NOUN
cblr-1693	606	19	swaps	swap	NOUN
cblr-1693	606	20	covered	cover	VERB
cblr-1693	606	21	therein	therein	ADV
cblr-1693	606	22	made	make	VERB
cblr-1693	606	23	up	up	ADP
cblr-1693	606	24	about	about	ADV
cblr-1693	606	25	three	three	NUM
cblr-1693	606	26	quarters	quarter	NOUN
cblr-1693	606	27	of	of	ADP
cblr-1693	606	28	the	the	DET
cblr-1693	606	29	swaps	swap	NOUN
cblr-1693	606	30	market	market	NOUN
cblr-1693	606	31	’s	’s	PART
cblr-1693	606	32	outstanding	outstanding	ADJ
cblr-1693	606	33	notional	notional	PROPN
cblr-1693	606	34	exposure.150	exposure.150	PROPN
cblr-1693	606	35	that	that	DET
cblr-1693	606	36	rule	rule	NOUN
cblr-1693	606	37	covered	cover	VERB
cblr-1693	606	38	other	other	ADJ
cblr-1693	606	39	types	type	NOUN
cblr-1693	606	40	of	of	ADP
cblr-1693	606	41	swaps	swap	NOUN
cblr-1693	606	42	as	as	ADV
cblr-1693	606	43	well	well	ADV
cblr-1693	606	44	,	,	PUNCT
cblr-1693	606	45	and	and	CCONJ
cblr-1693	606	46	the	the	DET
cblr-1693	606	47	2016	2016	NUM
cblr-1693	606	48	regulation	regulation	NOUN
cblr-1693	606	49	added	add	VERB
cblr-1693	606	50	further	further	ADJ
cblr-1693	606	51	product	product	NOUN
cblr-1693	606	52	classes.151	classes.151	NOUN
cblr-1693	606	53	since	since	SCONJ
cblr-1693	606	54	all	all	PRON
cblr-1693	606	55	of	of	ADP
cblr-1693	606	56	these	these	DET
cblr-1693	606	57	types	type	NOUN
cblr-1693	606	58	of	of	ADP
cblr-1693	606	59	swaps	swap	NOUN
cblr-1693	606	60	were	be	AUX
cblr-1693	606	61	reviewed	review	VERB
cblr-1693	606	62	pursuant	pursuant	ADV
cblr-1693	606	63	to	to	ADP
cblr-1693	606	64	central	central	ADJ
cblr-1693	606	65	clearing	clearing	NOUN
cblr-1693	606	66	parties	party	NOUN
cblr-1693	606	67	’	'	PUNCT
cblr-1693	606	68	submissions	submission	NOUN
cblr-1693	606	69	,	,	PUNCT
cblr-1693	606	70	it	it	PRON
cblr-1693	606	71	is	be	AUX
cblr-1693	606	72	reasonable	reasonable	ADJ
cblr-1693	606	73	to	to	PART
cblr-1693	606	74	conclude	conclude	VERB
cblr-1693	606	75	that	that	SCONJ
cblr-1693	606	76	a	a	DET
cblr-1693	606	77	majority	majority	NOUN
cblr-1693	606	78	of	of	ADP
cblr-1693	606	79	the	the	DET
cblr-1693	606	80	swap	swap	NOUN
cblr-1693	606	81	market	market	NOUN
cblr-1693	606	82	was	be	AUX
cblr-1693	606	83	voluntarily	voluntarily	ADV
cblr-1693	606	84	cleared	clear	VERB
cblr-1693	606	85	(	(	PUNCT
cblr-1693	606	86	or	or	CCONJ
cblr-1693	606	87	central	central	ADJ
cblr-1693	606	88	clearing	clearing	NOUN
cblr-1693	606	89	parties	party	NOUN
cblr-1693	606	90	sought	seek	VERB
cblr-1693	606	91	to	to	PART
cblr-1693	606	92	offer	offer	VERB
cblr-1693	606	93	voluntary	voluntary	ADJ
cblr-1693	606	94	clearing	clearing	NOUN
cblr-1693	606	95	)	)	PUNCT
cblr-1693	606	96	at	at	ADP
cblr-1693	606	97	the	the	DET
cblr-1693	606	98	time	time	NOUN
cblr-1693	606	99	of	of	ADP
cblr-1693	606	100	the	the	DET
cblr-1693	606	101	determinations	determination	NOUN
cblr-1693	606	102	.	.	PUNCT
cblr-1693	607	1	by	by	ADP
cblr-1693	607	2	contrast	contrast	NOUN
cblr-1693	607	3	,	,	PUNCT
cblr-1693	607	4	security	security	NOUN
cblr-1693	607	5	-	-	PUNCT
cblr-1693	607	6	based	base	VERB
cblr-1693	607	7	swaps	swap	NOUN
cblr-1693	607	8	are	be	AUX
cblr-1693	607	9	not	not	PART
cblr-1693	607	10	voluntarily	voluntarily	ADV
cblr-1693	607	11	cleared	clear	VERB
cblr-1693	607	12	in	in	ADP
cblr-1693	607	13	any	any	DET
cblr-1693	607	14	significant	significant	ADJ
cblr-1693	607	15	volume	volume	NOUN
cblr-1693	607	16	.	.	PUNCT
cblr-1693	608	1	in	in	ADP
cblr-1693	608	2	2012	2012	NUM
cblr-1693	608	3	,	,	PUNCT
cblr-1693	608	4	when	when	SCONJ
cblr-1693	608	5	the	the	DET
cblr-1693	608	6	sec	sec	PROPN
cblr-1693	608	7	promulgated	promulgate	VERB
cblr-1693	608	8	the	the	DET
cblr-1693	608	9	sec	sec	PROPN
cblr-1693	608	10	process	process	NOUN
cblr-1693	608	11	rule	rule	NOUN
cblr-1693	608	12	,	,	PUNCT
cblr-1693	608	13	security	security	NOUN
cblr-1693	608	14	-	-	PUNCT
cblr-1693	608	15	based	base	VERB
cblr-1693	608	16	swaps	swap	NOUN
cblr-1693	608	17	were	be	AUX
cblr-1693	608	18	not	not	PART
cblr-1693	608	19	only	only	ADV
cblr-1693	608	20	largely	largely	ADV
cblr-1693	608	21	uncleared	uncleare	VERB
cblr-1693	608	22	,	,	PUNCT
cblr-1693	608	23	they	they	PRON
cblr-1693	608	24	were	be	AUX
cblr-1693	608	25	generally	generally	ADV
cblr-1693	608	26	unclearable	unclearable	ADJ
cblr-1693	608	27	through	through	ADP
cblr-1693	608	28	central	central	ADJ
cblr-1693	608	29	clearing	clearing	NOUN
cblr-1693	608	30	parties	party	NOUN
cblr-1693	608	31	—	—	PUNCT
cblr-1693	608	32	no	no	DET
cblr-1693	608	33	such	such	ADJ
cblr-1693	608	34	party	party	NOUN
cblr-1693	608	35	accepted	accept	VERB
cblr-1693	608	36	them	they	PRON
cblr-1693	608	37	for	for	ADP
cblr-1693	608	38	voluntary	voluntary	ADJ
cblr-1693	608	39	clearing.152	clearing.152	NOUN
cblr-1693	608	40	as	as	SCONJ
cblr-1693	608	41	discussed	discuss	VERB
cblr-1693	608	42	above	above	ADV
cblr-1693	608	43	in	in	ADP
cblr-1693	608	44	part	part	NOUN
cblr-1693	608	45	ii.a	ii.a	NOUN
cblr-1693	608	46	,	,	PUNCT
cblr-1693	608	47	these	these	DET
cblr-1693	608	48	numbers	number	NOUN
cblr-1693	608	49	have	have	AUX
cblr-1693	608	50	not	not	PART
cblr-1693	608	51	considerably	considerably	ADV
cblr-1693	608	52	changed	change	VERB
cblr-1693	608	53	,	,	PUNCT
cblr-1693	608	54	and	and	CCONJ
cblr-1693	608	55	so	so	ADV
cblr-1693	608	56	a	a	DET
cblr-1693	608	57	major	major	ADJ
cblr-1693	608	58	portion	portion	NOUN
cblr-1693	608	59	of	of	ADP
cblr-1693	608	60	the	the	DET
cblr-1693	608	61	current	current	ADJ
cblr-1693	608	62	security	security	NOUN
cblr-1693	608	63	-	-	PUNCT
cblr-1693	608	64	based	base	VERB
cblr-1693	608	65	swaps	swap	NOUN
cblr-1693	608	66	market	market	NOUN
cblr-1693	608	67	remains	remain	VERB
cblr-1693	608	68	unreviewable	unreviewable	ADJ
cblr-1693	608	69	through	through	ADP
cblr-1693	608	70	a	a	DET
cblr-1693	608	71	submission	submission	NOUN
cblr-1693	608	72	-	-	PUNCT
cblr-1693	608	73	only	only	ADJ
cblr-1693	608	74	process	process	NOUN
cblr-1693	608	75	.	.	PUNCT
cblr-1693	609	1	2	2	X
cblr-1693	609	2	.	.	X
cblr-1693	609	3	market	market	NOUN
cblr-1693	609	4	purposes	purpose	NOUN
cblr-1693	609	5	for	for	ADP
cblr-1693	609	6	security	security	NOUN
cblr-1693	609	7	-	-	PUNCT
cblr-1693	609	8	based	base	VERB
cblr-1693	609	9	swaps	swap	NOUN
cblr-1693	609	10	encourage	encourage	VERB
cblr-1693	609	11	inertia	inertia	NOUN
cblr-1693	609	12	more	more	ADV
cblr-1693	609	13	crucially	crucially	ADV
cblr-1693	609	14	,	,	PUNCT
cblr-1693	609	15	the	the	DET
cblr-1693	609	16	current	current	ADJ
cblr-1693	609	17	,	,	PUNCT
cblr-1693	609	18	limited	limited	ADJ
cblr-1693	609	19	state	state	NOUN
cblr-1693	609	20	of	of	ADP
cblr-1693	609	21	security	security	NOUN
cblr-1693	609	22	-	-	PUNCT
cblr-1693	609	23	based	base	VERB
cblr-1693	609	24	swaps	swap	NOUN
cblr-1693	609	25	clearing	clearing	NOUN
cblr-1693	609	26	is	be	AUX
cblr-1693	609	27	likely	likely	ADJ
cblr-1693	609	28	to	to	PART
cblr-1693	609	29	continue	continue	VERB
cblr-1693	609	30	absent	absent	ADJ
cblr-1693	609	31	external	external	ADJ
cblr-1693	609	32	forces	force	NOUN
cblr-1693	609	33	on	on	ADP
cblr-1693	609	34	the	the	DET
cblr-1693	609	35	market	market	NOUN
cblr-1693	609	36	.	.	PUNCT
cblr-1693	610	1	according	accord	VERB
cblr-1693	610	2	to	to	ADP
cblr-1693	610	3	the	the	DET
cblr-1693	610	4	international	international	ADJ
cblr-1693	610	5	swaps	swap	NOUN
cblr-1693	610	6	and	and	CCONJ
cblr-1693	610	7	derivatives	derivative	NOUN
cblr-1693	610	8	association	association	NOUN
cblr-1693	610	9	(	(	PUNCT
cblr-1693	610	10	“	"	PUNCT
cblr-1693	610	11	isda	isda	NOUN
cblr-1693	610	12	”	"	PUNCT
cblr-1693	610	13	)	)	PUNCT
cblr-1693	610	14	and	and	CCONJ
cblr-1693	610	15	a	a	DET
cblr-1693	610	16	variety	variety	NOUN
cblr-1693	610	17	of	of	ADP
cblr-1693	610	18	other	other	ADJ
cblr-1693	610	19	industry	industry	NOUN
cblr-1693	610	20	associations	association	NOUN
cblr-1693	610	21	and	and	CCONJ
cblr-1693	610	22	regulators	regulator	NOUN
cblr-1693	610	23	,	,	PUNCT
cblr-1693	610	24	a	a	DET
cblr-1693	610	25	“	"	PUNCT
cblr-1693	610	26	substantial	substantial	ADJ
cblr-1693	610	27	portion	portion	NOUN
cblr-1693	610	28	”	"	PUNCT
cblr-1693	610	29	of	of	ADP
cblr-1693	610	30	the	the	DET
cblr-1693	610	31	otc	otc	PROPN
cblr-1693	610	32	derivatives	derivative	NOUN
cblr-1693	610	33	market	market	NOUN
cblr-1693	610	34	is	be	AUX
cblr-1693	610	35	likely	likely	ADJ
cblr-1693	610	36	to	to	PART
cblr-1693	610	37	remain	remain	VERB
cblr-1693	610	38	uncleared	uncleared	ADJ
cblr-1693	610	39	150	150	NUM
cblr-1693	610	40	clearing	clearing	NOUN
cblr-1693	610	41	requirement	requirement	NOUN
cblr-1693	610	42	determination	determination	NOUN
cblr-1693	610	43	under	under	ADP
cblr-1693	610	44	section	section	NOUN
cblr-1693	610	45	2(h	2(h	NUM
cblr-1693	610	46	)	)	PUNCT
cblr-1693	610	47	of	of	ADP
cblr-1693	610	48	the	the	DET
cblr-1693	610	49	cea	cea	PROPN
cblr-1693	610	50	,	,	PUNCT
cblr-1693	610	51	77	77	NUM
cblr-1693	610	52	fed	fed	PROPN
cblr-1693	610	53	.	.	PUNCT
cblr-1693	611	1	reg	reg	PROPN
cblr-1693	611	2	.	.	PUNCT
cblr-1693	612	1	at	at	ADP
cblr-1693	612	2	74,287	74,287	NUM
cblr-1693	612	3	.	.	PUNCT
cblr-1693	613	1	151	151	NUM
cblr-1693	613	2	see	see	VERB
cblr-1693	613	3	i	i	PRON
cblr-1693	613	4	d.	d.	PROPN
cblr-1693	613	5	at	at	ADP
cblr-1693	613	6	74,284	74,284	NUM
cblr-1693	613	7	;	;	PUNCT
cblr-1693	613	8	clearing	clear	VERB
cblr-1693	613	9	requirement	requirement	NOUN
cblr-1693	613	10	determination	determination	NOUN
cblr-1693	613	11	under	under	ADP
cblr-1693	613	12	section	section	NOUN
cblr-1693	613	13	2(h	2(h	NUM
cblr-1693	613	14	)	)	PUNCT
cblr-1693	613	15	of	of	ADP
cblr-1693	613	16	the	the	DET
cblr-1693	613	17	commodity	commodity	NOUN
cblr-1693	613	18	exchange	exchange	PROPN
cblr-1693	613	19	act	act	NOUN
cblr-1693	613	20	for	for	ADP
cblr-1693	613	21	interest	interest	NOUN
cblr-1693	613	22	rate	rate	NOUN
cblr-1693	613	23	swaps	swap	NOUN
cblr-1693	613	24	,	,	PUNCT
cblr-1693	613	25	81	81	NUM
cblr-1693	613	26	fed	feed	VERB
cblr-1693	613	27	.	.	PUNCT
cblr-1693	614	1	reg	reg	PROPN
cblr-1693	614	2	.	.	PUNCT
cblr-1693	615	1	71,202	71,202	NUM
cblr-1693	615	2	,	,	PUNCT
cblr-1693	615	3	71,202	71,202	NUM
cblr-1693	615	4	(	(	PUNCT
cblr-1693	615	5	oct	oct	PROPN
cblr-1693	615	6	.	.	PROPN
cblr-1693	615	7	14	14	NUM
cblr-1693	615	8	,	,	PUNCT
cblr-1693	615	9	2016	2016	NUM
cblr-1693	615	10	)	)	PUNCT
cblr-1693	615	11	(	(	PUNCT
cblr-1693	615	12	to	to	PART
cblr-1693	615	13	be	be	AUX
cblr-1693	615	14	codified	codify	VERB
cblr-1693	615	15	at	at	ADP
cblr-1693	615	16	17	17	NUM
cblr-1693	615	17	c.f.r	c.f.r	NOUN
cblr-1693	615	18	.	.	PUNCT
cblr-1693	616	1	pt	pt	PROPN
cblr-1693	616	2	.	.	PROPN
cblr-1693	616	3	50	50	NUM
cblr-1693	616	4	)	)	PUNCT
cblr-1693	616	5	.	.	PUNCT
cblr-1693	617	1	152	152	NUM
cblr-1693	617	2	see	see	VERB
cblr-1693	617	3	process	process	NOUN
cblr-1693	617	4	for	for	ADP
cblr-1693	617	5	submissions	submission	NOUN
cblr-1693	617	6	for	for	ADP
cblr-1693	617	7	review	review	NOUN
cblr-1693	617	8	of	of	ADP
cblr-1693	617	9	security	security	NOUN
cblr-1693	617	10	-	-	PUNCT
cblr-1693	617	11	based	base	VERB
cblr-1693	617	12	swaps	swap	NOUN
cblr-1693	617	13	for	for	ADP
cblr-1693	617	14	mandatory	mandatory	ADJ
cblr-1693	617	15	clearing	clearing	NOUN
cblr-1693	617	16	and	and	CCONJ
cblr-1693	617	17	notice	notice	VERB
cblr-1693	617	18	filing	filing	NOUN
cblr-1693	617	19	requirements	requirement	NOUN
cblr-1693	617	20	for	for	ADP
cblr-1693	617	21	clearing	clear	VERB
cblr-1693	617	22	agencies	agency	NOUN
cblr-1693	617	23	;	;	PUNCT
cblr-1693	617	24	technical	technical	ADJ
cblr-1693	617	25	amendments	amendment	NOUN
cblr-1693	617	26	to	to	PART
cblr-1693	617	27	rule	rule	VERB
cblr-1693	617	28	19b-4	19b-4	NOUN
cblr-1693	617	29	and	and	CCONJ
cblr-1693	617	30	form	form	VERB
cblr-1693	617	31	19b-4	19b-4	NOUN
cblr-1693	617	32	applicable	applicable	ADJ
cblr-1693	617	33	to	to	ADP
cblr-1693	617	34	all	all	DET
cblr-1693	617	35	selfregulatory	selfregulatory	ADJ
cblr-1693	617	36	organizations	organization	NOUN
cblr-1693	617	37	,	,	PUNCT
cblr-1693	617	38	77	77	NUM
cblr-1693	617	39	fed	fed	PROPN
cblr-1693	617	40	.	.	PUNCT
cblr-1693	618	1	reg	reg	PROPN
cblr-1693	618	2	.	.	PUNCT
cblr-1693	619	1	41,602	41,602	NUM
cblr-1693	619	2	,	,	PUNCT
cblr-1693	619	3	41,638	41,638	NUM
cblr-1693	619	4	tbl.1	tbl.1	NOUN
cblr-1693	619	5	(	(	PUNCT
cblr-1693	619	6	july	july	PROPN
cblr-1693	619	7	13	13	NUM
cblr-1693	619	8	,	,	PUNCT
cblr-1693	619	9	2012	2012	NUM
cblr-1693	619	10	)	)	PUNCT
cblr-1693	619	11	;	;	PUNCT
cblr-1693	619	12	see	see	VERB
cblr-1693	619	13	also	also	ADV
cblr-1693	619	14	supra	supra	PROPN
cblr-1693	619	15	section	section	PROPN
cblr-1693	619	16	iii.a	iii.a	PROPN
cblr-1693	619	17	.	.	PROPN
cblr-1693	620	1	288	288	NUM
cblr-1693	620	2	columbia	columbia	PROPN
cblr-1693	620	3	business	business	NOUN
cblr-1693	620	4	law	law	PROPN
cblr-1693	620	5	review	review	NOUN
cblr-1693	621	1	[	[	X
cblr-1693	621	2	vol	vol	NOUN
cblr-1693	621	3	.	.	NOUN
cblr-1693	621	4	2019	2019	NUM
cblr-1693	621	5	moving	move	VERB
cblr-1693	621	6	forward.153	forward.153	NOUN
cblr-1693	621	7	this	this	DET
cblr-1693	621	8	segment	segment	NOUN
cblr-1693	621	9	is	be	AUX
cblr-1693	621	10	primarily	primarily	ADV
cblr-1693	621	11	composed	compose	VERB
cblr-1693	621	12	of	of	ADP
cblr-1693	621	13	security	security	NOUN
cblr-1693	621	14	-	-	PUNCT
cblr-1693	621	15	based	base	VERB
cblr-1693	621	16	swaps	swap	NOUN
cblr-1693	621	17	,	,	PUNCT
cblr-1693	621	18	including	include	VERB
cblr-1693	621	19	the	the	DET
cblr-1693	621	20	majority	majority	NOUN
cblr-1693	621	21	of	of	ADP
cblr-1693	621	22	single	single	ADJ
cblr-1693	621	23	-	-	PUNCT
cblr-1693	621	24	name	name	NOUN
cblr-1693	621	25	credit	credit	NOUN
cblr-1693	621	26	default	default	NOUN
cblr-1693	621	27	swaps	swap	NOUN
cblr-1693	621	28	and	and	CCONJ
cblr-1693	621	29	many	many	ADJ
cblr-1693	621	30	equity	equity	NOUN
cblr-1693	621	31	swaps.154	swaps.154	NOUN
cblr-1693	621	32	isda	isda	NOUN
cblr-1693	621	33	’s	’s	PART
cblr-1693	621	34	explanations	explanation	NOUN
cblr-1693	621	35	for	for	ADP
cblr-1693	621	36	why	why	SCONJ
cblr-1693	621	37	security	security	NOUN
cblr-1693	621	38	-	-	PUNCT
cblr-1693	621	39	based	base	VERB
cblr-1693	621	40	swaps	swap	NOUN
cblr-1693	621	41	are	be	AUX
cblr-1693	621	42	often	often	ADV
cblr-1693	621	43	uncleared	uncleared	ADJ
cblr-1693	621	44	illustrate	illustrate	ADJ
cblr-1693	621	45	why	why	SCONJ
cblr-1693	621	46	the	the	DET
cblr-1693	621	47	market	market	NOUN
cblr-1693	621	48	is	be	AUX
cblr-1693	621	49	unlikely	unlikely	ADJ
cblr-1693	621	50	to	to	PART
cblr-1693	621	51	unilaterally	unilaterally	ADV
cblr-1693	621	52	adopt	adopt	VERB
cblr-1693	621	53	voluntary	voluntary	ADJ
cblr-1693	621	54	clearing	clearing	NOUN
cblr-1693	621	55	.	.	PUNCT
cblr-1693	622	1	these	these	DET
cblr-1693	622	2	products	product	NOUN
cblr-1693	622	3	are	be	AUX
cblr-1693	622	4	less	less	ADV
cblr-1693	622	5	amenable	amenable	ADJ
cblr-1693	622	6	to	to	ADP
cblr-1693	622	7	central	central	ADJ
cblr-1693	622	8	clearing	clearing	NOUN
cblr-1693	622	9	for	for	ADP
cblr-1693	622	10	several	several	ADJ
cblr-1693	622	11	reasons	reason	NOUN
cblr-1693	622	12	,	,	PUNCT
cblr-1693	622	13	including	include	VERB
cblr-1693	622	14	end	end	NOUN
cblr-1693	622	15	-	-	PUNCT
cblr-1693	622	16	users	user	NOUN
cblr-1693	622	17	’	'	PUNCT
cblr-1693	622	18	needs	need	NOUN
cblr-1693	622	19	for	for	ADP
cblr-1693	622	20	tailored	tailor	VERB
cblr-1693	622	21	,	,	PUNCT
cblr-1693	622	22	bespoke	bespoke	NOUN
cblr-1693	622	23	products	product	NOUN
cblr-1693	622	24	,	,	PUNCT
cblr-1693	622	25	particularly	particularly	ADV
cblr-1693	622	26	for	for	ADP
cblr-1693	622	27	hedging	hedging	NOUN
cblr-1693	622	28	or	or	CCONJ
cblr-1693	622	29	risk	risk	NOUN
cblr-1693	622	30	management	management	NOUN
cblr-1693	622	31	purposes	purpose	NOUN
cblr-1693	622	32	;	;	PUNCT
cblr-1693	622	33	lack	lack	NOUN
cblr-1693	622	34	of	of	ADP
cblr-1693	622	35	product	product	NOUN
cblr-1693	622	36	standardization	standardization	NOUN
cblr-1693	622	37	;	;	PUNCT
cblr-1693	622	38	lack	lack	NOUN
cblr-1693	622	39	of	of	ADP
cblr-1693	622	40	clearinghouse	clearinghouse	NOUN
cblr-1693	622	41	capability;155	capability;155	NOUN
cblr-1693	622	42	and	and	CCONJ
cblr-1693	622	43	lack	lack	NOUN
cblr-1693	622	44	of	of	ADP
cblr-1693	622	45	liquidity.156	liquidity.156	NOUN
cblr-1693	622	46	while	while	SCONJ
cblr-1693	622	47	industry	industry	NOUN
cblr-1693	622	48	focus	focus	NOUN
cblr-1693	622	49	and	and	CCONJ
cblr-1693	622	50	investment	investment	NOUN
cblr-1693	622	51	could	could	AUX
cblr-1693	622	52	solve	solve	VERB
cblr-1693	622	53	some	some	PRON
cblr-1693	622	54	of	of	ADP
cblr-1693	622	55	these	these	DET
cblr-1693	622	56	issues	issue	NOUN
cblr-1693	622	57	,	,	PUNCT
cblr-1693	622	58	security	security	NOUN
cblr-1693	622	59	-	-	PUNCT
cblr-1693	622	60	based	base	VERB
cblr-1693	622	61	swaps	swap	NOUN
cblr-1693	622	62	’	'	PUNCT
cblr-1693	622	63	popularity	popularity	NOUN
cblr-1693	622	64	as	as	ADP
cblr-1693	622	65	bespoke	bespoke	NOUN
cblr-1693	622	66	hedging	hedging	NOUN
cblr-1693	622	67	products	product	NOUN
cblr-1693	622	68	makes	make	VERB
cblr-1693	622	69	it	it	PRON
cblr-1693	622	70	unlikely	unlikely	ADJ
cblr-1693	622	71	that	that	SCONJ
cblr-1693	622	72	market	market	NOUN
cblr-1693	622	73	participants	participant	NOUN
cblr-1693	622	74	will	will	AUX
cblr-1693	622	75	devote	devote	VERB
cblr-1693	622	76	resources	resource	NOUN
cblr-1693	622	77	to	to	ADP
cblr-1693	622	78	solving	solve	VERB
cblr-1693	622	79	the	the	DET
cblr-1693	622	80	problem	problem	NOUN
cblr-1693	622	81	on	on	ADP
cblr-1693	622	82	their	their	PRON
cblr-1693	622	83	own	own	ADJ
cblr-1693	622	84	.	.	PUNCT
cblr-1693	623	1	according	accord	VERB
cblr-1693	623	2	to	to	ADP
cblr-1693	623	3	isda	isda	NOUN
cblr-1693	623	4	,	,	PUNCT
cblr-1693	623	5	requiring	require	VERB
cblr-1693	623	6	hedging	hedge	VERB
cblr-1693	623	7	parties	party	NOUN
cblr-1693	623	8	to	to	PART
cblr-1693	623	9	use	use	VERB
cblr-1693	623	10	standardized	standardized	ADJ
cblr-1693	623	11	products	product	NOUN
cblr-1693	623	12	would	would	AUX
cblr-1693	623	13	force	force	VERB
cblr-1693	623	14	them	they	PRON
cblr-1693	623	15	to	to	PART
cblr-1693	623	16	“	"	PUNCT
cblr-1693	623	17	employ	employ	VERB
cblr-1693	623	18	imperfect	imperfect	ADJ
cblr-1693	623	19	or	or	CCONJ
cblr-1693	623	20	unsuitable	unsuitable	ADJ
cblr-1693	623	21	hedges	hedge	NOUN
cblr-1693	623	22	.	.	PUNCT
cblr-1693	623	23	.	.	PUNCT
cblr-1693	623	24	.	.	PUNCT
cblr-1693	624	1	[	[	X
cblr-1693	624	2	with	with	ADP
cblr-1693	624	3	]	]	PUNCT
cblr-1693	624	4	unwanted	unwanted	ADJ
cblr-1693	624	5	basis	basis	NOUN
cblr-1693	624	6	risk	risk	NOUN
cblr-1693	624	7	.	.	PUNCT
cblr-1693	625	1	”157	”157	NOUN
cblr-1693	625	2	further	far	ADV
cblr-1693	625	3	,	,	PUNCT
cblr-1693	625	4	standardization	standardization	NOUN
cblr-1693	625	5	would	would	AUX
cblr-1693	625	6	potentially	potentially	ADV
cblr-1693	625	7	restrict	restrict	VERB
cblr-1693	625	8	153	153	NUM
cblr-1693	625	9	see	see	NOUN
cblr-1693	625	10	generally	generally	ADV
cblr-1693	625	11	int’l	int’l	X
cblr-1693	625	12	swaps	swap	NOUN
cblr-1693	625	13	&	&	CCONJ
cblr-1693	625	14	derivatives	derivative	NOUN
cblr-1693	625	15	ass’n	ass’n	VERB
cblr-1693	625	16	,	,	PUNCT
cblr-1693	625	17	non	non	ADJ
cblr-1693	625	18	-	-	ADJ
cblr-1693	625	19	cleared	clear	VERB
cblr-1693	625	20	otc	otc	PROPN
cblr-1693	625	21	derivatives	derivative	NOUN
cblr-1693	625	22	:	:	PUNCT
cblr-1693	625	23	their	their	PRON
cblr-1693	625	24	importance	importance	NOUN
cblr-1693	625	25	to	to	ADP
cblr-1693	625	26	the	the	DET
cblr-1693	625	27	global	global	ADJ
cblr-1693	625	28	economy	economy	NOUN
cblr-1693	625	29	4	4	NUM
cblr-1693	625	30	(	(	PUNCT
cblr-1693	625	31	mar	mar	PROPN
cblr-1693	625	32	.	.	PROPN
cblr-1693	625	33	2013	2013	NUM
cblr-1693	625	34	)	)	PUNCT
cblr-1693	626	1	[	[	X
cblr-1693	626	2	hereinafter	hereinafter	NOUN
cblr-1693	626	3	isda	isda	PROPN
cblr-1693	626	4	report	report	PROPN
cblr-1693	626	5	]	]	PUNCT
cblr-1693	626	6	(	(	PUNCT
cblr-1693	626	7	discussing	discuss	VERB
cblr-1693	626	8	similar	similar	ADJ
cblr-1693	626	9	observations	observation	NOUN
cblr-1693	626	10	made	make	VERB
cblr-1693	626	11	by	by	ADP
cblr-1693	626	12	the	the	DET
cblr-1693	626	13	financial	financial	ADJ
cblr-1693	626	14	security	security	NOUN
cblr-1693	626	15	board	board	NOUN
cblr-1693	626	16	,	,	PUNCT
cblr-1693	626	17	basel	basel	PROPN
cblr-1693	626	18	committee	committee	PROPN
cblr-1693	626	19	on	on	ADP
cblr-1693	626	20	banking	banking	NOUN
cblr-1693	626	21	supervision	supervision	NOUN
cblr-1693	626	22	,	,	PUNCT
cblr-1693	626	23	the	the	DET
cblr-1693	626	24	board	board	NOUN
cblr-1693	626	25	of	of	ADP
cblr-1693	626	26	governors	governor	NOUN
cblr-1693	626	27	of	of	ADP
cblr-1693	626	28	the	the	DET
cblr-1693	626	29	international	international	ADJ
cblr-1693	626	30	organizations	organization	NOUN
cblr-1693	626	31	of	of	ADP
cblr-1693	626	32	securities	security	NOUN
cblr-1693	626	33	commissions	commission	NOUN
cblr-1693	626	34	,	,	PUNCT
cblr-1693	626	35	and	and	CCONJ
cblr-1693	626	36	the	the	DET
cblr-1693	626	37	international	international	ADJ
cblr-1693	626	38	monetary	monetary	ADJ
cblr-1693	626	39	fund	fund	PROPN
cblr-1693	626	40	)	)	PUNCT
cblr-1693	626	41	.	.	PUNCT
cblr-1693	627	1	154	154	NUM
cblr-1693	627	2	i	i	PROPN
cblr-1693	627	3	d.	d.	PROPN
cblr-1693	627	4	(	(	PUNCT
cblr-1693	627	5	“	"	PUNCT
cblr-1693	627	6	isda	isda	PROPN
cblr-1693	627	7	estimates	estimate	VERB
cblr-1693	627	8	the	the	DET
cblr-1693	627	9	non	non	ADJ
cblr-1693	627	10	-	-	ADJ
cblr-1693	627	11	cleared	clear	VERB
cblr-1693	627	12	otc	otc	PROPN
cblr-1693	627	13	derivatives	derivative	NOUN
cblr-1693	627	14	market	market	NOUN
cblr-1693	627	15	will	will	AUX
cblr-1693	627	16	consist	consist	VERB
cblr-1693	627	17	of	of	ADP
cblr-1693	627	18	the	the	DET
cblr-1693	627	19	following	following	NOUN
cblr-1693	627	20	:	:	PUNCT
cblr-1693	628	1	[	[	X
cblr-1693	628	2	s]everal	s]everal	ADJ
cblr-1693	628	3	large	large	ADJ
cblr-1693	628	4	,	,	PUNCT
cblr-1693	628	5	relatively	relatively	ADV
cblr-1693	628	6	broad	broad	ADJ
cblr-1693	628	7	market	market	NOUN
cblr-1693	628	8	segments	segment	NOUN
cblr-1693	628	9	,	,	PUNCT
cblr-1693	628	10	including	include	VERB
cblr-1693	628	11	the	the	DET
cblr-1693	628	12	majority	majority	NOUN
cblr-1693	628	13	of	of	ADP
cblr-1693	628	14	.	.	PUNCT
cblr-1693	628	15	.	.	PUNCT
cblr-1693	628	16	.	.	PUNCT
cblr-1693	629	1	single	single	ADJ
cblr-1693	629	2	-	-	PUNCT
cblr-1693	629	3	name	name	NOUN
cblr-1693	629	4	credit	credit	NOUN
cblr-1693	629	5	default	default	NOUN
cblr-1693	629	6	swaps	swap	NOUN
cblr-1693	629	7	and	and	CCONJ
cblr-1693	629	8	various	various	ADJ
cblr-1693	629	9	types	type	NOUN
cblr-1693	629	10	of	of	ADP
cblr-1693	629	11	equity	equity	NOUN
cblr-1693	629	12	.	.	PUNCT
cblr-1693	629	13	.	.	PUNCT
cblr-1693	629	14	.	.	PUNCT
cblr-1693	630	1	swaps	swap	NOUN
cblr-1693	631	1	[	[	X
cblr-1693	631	2	.	.	X
cblr-1693	631	3	]	]	X
cblr-1693	631	4	”	"	PUNCT
cblr-1693	631	5	)	)	PUNCT
cblr-1693	631	6	.	.	PUNCT
cblr-1693	632	1	155	155	NUM
cblr-1693	632	2	clearinghouse	clearinghouse	NOUN
cblr-1693	632	3	capability	capability	NOUN
cblr-1693	632	4	could	could	AUX
cblr-1693	632	5	likely	likely	ADV
cblr-1693	632	6	be	be	AUX
cblr-1693	632	7	voluntarily	voluntarily	ADV
cblr-1693	632	8	developed	develop	VERB
cblr-1693	632	9	.	.	PUNCT
cblr-1693	633	1	however	however	ADV
cblr-1693	633	2	,	,	PUNCT
cblr-1693	633	3	without	without	ADP
cblr-1693	633	4	a	a	DET
cblr-1693	633	5	market	market	NOUN
cblr-1693	633	6	for	for	ADP
cblr-1693	633	7	voluntary	voluntary	ADJ
cblr-1693	633	8	clearing	clearing	NOUN
cblr-1693	633	9	,	,	PUNCT
cblr-1693	633	10	it	it	PRON
cblr-1693	633	11	is	be	AUX
cblr-1693	633	12	unlikely	unlikely	ADJ
cblr-1693	633	13	clearinghouses	clearinghouse	NOUN
cblr-1693	633	14	will	will	AUX
cblr-1693	633	15	develop	develop	VERB
cblr-1693	633	16	this	this	DET
cblr-1693	633	17	capability	capability	NOUN
cblr-1693	633	18	;	;	PUNCT
cblr-1693	633	19	at	at	ADP
cblr-1693	633	20	the	the	DET
cblr-1693	633	21	same	same	ADJ
cblr-1693	633	22	time	time	NOUN
cblr-1693	633	23	,	,	PUNCT
cblr-1693	633	24	the	the	DET
cblr-1693	633	25	lack	lack	NOUN
cblr-1693	633	26	of	of	ADP
cblr-1693	633	27	ready	ready	ADJ
cblr-1693	633	28	-	-	PUNCT
cblr-1693	633	29	and	and	CCONJ
cblr-1693	633	30	-	-	PUNCT
cblr-1693	633	31	waiting	wait	VERB
cblr-1693	633	32	clearinghouse	clearinghouse	NOUN
cblr-1693	633	33	ability	ability	NOUN
cblr-1693	633	34	will	will	AUX
cblr-1693	633	35	limit	limit	VERB
cblr-1693	633	36	market	market	NOUN
cblr-1693	633	37	interest	interest	NOUN
cblr-1693	633	38	in	in	ADP
cblr-1693	633	39	taking	take	VERB
cblr-1693	633	40	the	the	DET
cblr-1693	633	41	needed	need	VERB
cblr-1693	633	42	steps	step	NOUN
cblr-1693	633	43	to	to	PART
cblr-1693	633	44	render	render	VERB
cblr-1693	633	45	products	product	NOUN
cblr-1693	633	46	clearable	clearable	ADJ
cblr-1693	633	47	.	.	PUNCT
cblr-1693	634	1	this	this	DET
cblr-1693	634	2	feedback	feedback	NOUN
cblr-1693	634	3	loop	loop	NOUN
cblr-1693	634	4	—	—	PUNCT
cblr-1693	634	5	along	along	ADP
cblr-1693	634	6	with	with	ADP
cblr-1693	634	7	the	the	DET
cblr-1693	634	8	other	other	ADJ
cblr-1693	634	9	factors	factor	NOUN
cblr-1693	634	10	listed	list	VERB
cblr-1693	634	11	—	—	PUNCT
cblr-1693	634	12	leaves	leave	VERB
cblr-1693	634	13	it	it	PRON
cblr-1693	634	14	unlikely	unlikely	ADJ
cblr-1693	634	15	the	the	DET
cblr-1693	634	16	private	private	ADJ
cblr-1693	634	17	market	market	NOUN
cblr-1693	634	18	will	will	AUX
cblr-1693	634	19	move	move	VERB
cblr-1693	634	20	towards	towards	ADP
cblr-1693	634	21	voluntary	voluntary	ADJ
cblr-1693	634	22	clearing	clearing	NOUN
cblr-1693	634	23	without	without	ADP
cblr-1693	634	24	an	an	DET
cblr-1693	634	25	external	external	ADJ
cblr-1693	634	26	stimulus	stimulus	NOUN
cblr-1693	634	27	.	.	PUNCT
cblr-1693	635	1	156	156	NUM
cblr-1693	636	1	i	i	PRON
cblr-1693	636	2	d.	d.	VERB
cblr-1693	636	3	at	at	ADP
cblr-1693	636	4	10–12	10–12	NUM
cblr-1693	636	5	.	.	PUNCT
cblr-1693	637	1	as	as	SCONJ
cblr-1693	637	2	explained	explain	VERB
cblr-1693	637	3	in	in	ADP
cblr-1693	637	4	section	section	NOUN
cblr-1693	637	5	ii.a	ii.a	PROPN
cblr-1693	637	6	,	,	PUNCT
cblr-1693	637	7	supra	supra	NOUN
cblr-1693	637	8	,	,	PUNCT
cblr-1693	637	9	establishing	establish	VERB
cblr-1693	637	10	a	a	DET
cblr-1693	637	11	perfect	perfect	ADJ
cblr-1693	637	12	hedge	hedge	NOUN
cblr-1693	637	13	requires	require	VERB
cblr-1693	637	14	tailoring	tailor	VERB
cblr-1693	637	15	the	the	DET
cblr-1693	637	16	derivative	derivative	ADJ
cblr-1693	637	17	transaction	transaction	NOUN
cblr-1693	637	18	to	to	ADP
cblr-1693	637	19	the	the	DET
cblr-1693	637	20	underlying	underlie	VERB
cblr-1693	637	21	security	security	NOUN
cblr-1693	637	22	.	.	PUNCT
cblr-1693	638	1	even	even	ADV
cblr-1693	638	2	where	where	SCONJ
cblr-1693	638	3	not	not	PART
cblr-1693	638	4	attempting	attempt	VERB
cblr-1693	638	5	to	to	PART
cblr-1693	638	6	use	use	VERB
cblr-1693	638	7	swaps	swap	NOUN
cblr-1693	638	8	for	for	ADP
cblr-1693	638	9	hedging	hedging	NOUN
cblr-1693	638	10	purposes	purpose	NOUN
cblr-1693	638	11	,	,	PUNCT
cblr-1693	638	12	the	the	DET
cblr-1693	638	13	bespoke	bespoke	ADJ
cblr-1693	638	14	nature	nature	NOUN
cblr-1693	638	15	of	of	ADP
cblr-1693	638	16	many	many	ADJ
cblr-1693	638	17	otc	otc	ADJ
cblr-1693	638	18	derivatives	derivative	NOUN
cblr-1693	638	19	is	be	AUX
cblr-1693	638	20	useful	useful	ADJ
cblr-1693	638	21	to	to	ADP
cblr-1693	638	22	market	market	NOUN
cblr-1693	638	23	participants	participant	NOUN
cblr-1693	638	24	who	who	PRON
cblr-1693	638	25	wish	wish	VERB
cblr-1693	638	26	to	to	PART
cblr-1693	638	27	create	create	VERB
cblr-1693	638	28	a	a	DET
cblr-1693	638	29	specific	specific	ADJ
cblr-1693	638	30	,	,	PUNCT
cblr-1693	638	31	niche	niche	NOUN
cblr-1693	638	32	risk	risk	NOUN
cblr-1693	638	33	profile	profile	NOUN
cblr-1693	638	34	.	.	PUNCT
cblr-1693	639	1	see	see	VERB
cblr-1693	639	2	supra	supra	PROPN
cblr-1693	639	3	notes	note	NOUN
cblr-1693	639	4	33–35	33–35	NUM
cblr-1693	639	5	and	and	CCONJ
cblr-1693	639	6	accompanying	accompany	VERB
cblr-1693	639	7	text	text	NOUN
cblr-1693	639	8	.	.	PUNCT
cblr-1693	640	1	157	157	NUM
cblr-1693	640	2	isda	isda	PROPN
cblr-1693	640	3	report	report	NOUN
cblr-1693	640	4	,	,	PUNCT
cblr-1693	640	5	supra	supra	PROPN
cblr-1693	640	6	note	note	PROPN
cblr-1693	640	7	153	153	NUM
cblr-1693	640	8	,	,	PUNCT
cblr-1693	640	9	at	at	ADP
cblr-1693	640	10	5	5	NUM
cblr-1693	640	11	.	.	PUNCT
cblr-1693	641	1	no	no	INTJ
cblr-1693	641	2	.	.	PUNCT
cblr-1693	642	1	1:252	1:252	NUM
cblr-1693	642	2	]	]	X
cblr-1693	642	3	to	to	PART
cblr-1693	642	4	clear	clear	ADJ
cblr-1693	642	5	or	or	CCONJ
cblr-1693	642	6	not	not	PART
cblr-1693	642	7	to	to	PART
cblr-1693	642	8	clear	clear	VERB
cblr-1693	642	9	289	289	NUM
cblr-1693	642	10	transactions	transaction	NOUN
cblr-1693	642	11	from	from	ADP
cblr-1693	642	12	qualifying	qualify	VERB
cblr-1693	642	13	for	for	ADP
cblr-1693	642	14	hedge	hedge	ADJ
cblr-1693	642	15	accounting	accounting	NOUN
cblr-1693	642	16	treatment	treatment	NOUN
cblr-1693	642	17	,	,	PUNCT
cblr-1693	642	18	“	"	PUNCT
cblr-1693	642	19	introduc[ing	introduc[e	VERB
cblr-1693	642	20	]	]	PUNCT
cblr-1693	642	21	significant	significant	ADJ
cblr-1693	642	22	volatility	volatility	NOUN
cblr-1693	642	23	to	to	ADP
cblr-1693	642	24	[	[	X
cblr-1693	642	25	hedging	hedge	VERB
cblr-1693	642	26	parties	party	NOUN
cblr-1693	642	27	’	'	PUNCT
cblr-1693	642	28	]	]	PUNCT
cblr-1693	642	29	income	income	NOUN
cblr-1693	642	30	statements	statement	NOUN
cblr-1693	642	31	.	.	PUNCT
cblr-1693	642	32	”158	”158	PROPN
cblr-1693	643	1	if	if	SCONJ
cblr-1693	643	2	the	the	DET
cblr-1693	643	3	popular	popular	ADJ
cblr-1693	643	4	industry	industry	NOUN
cblr-1693	643	5	belief	belief	NOUN
cblr-1693	643	6	is	be	AUX
cblr-1693	643	7	that	that	SCONJ
cblr-1693	643	8	voluntarily	voluntarily	ADV
cblr-1693	643	9	cleared	clear	VERB
cblr-1693	643	10	security	security	NOUN
cblr-1693	643	11	-	-	PUNCT
cblr-1693	643	12	based	base	VERB
cblr-1693	643	13	swaps	swap	NOUN
cblr-1693	643	14	will	will	AUX
cblr-1693	643	15	not	not	PART
cblr-1693	643	16	fulfill	fulfill	VERB
cblr-1693	643	17	parties	party	NOUN
cblr-1693	643	18	’	’	PART
cblr-1693	643	19	purposes	purpose	NOUN
cblr-1693	643	20	,	,	PUNCT
cblr-1693	643	21	it	it	PRON
cblr-1693	643	22	is	be	AUX
cblr-1693	643	23	doubtful	doubtful	ADJ
cblr-1693	643	24	that	that	SCONJ
cblr-1693	643	25	market	market	NOUN
cblr-1693	643	26	participants	participant	NOUN
cblr-1693	643	27	will	will	AUX
cblr-1693	643	28	spend	spend	VERB
cblr-1693	643	29	time	time	NOUN
cblr-1693	643	30	and	and	CCONJ
cblr-1693	643	31	money	money	NOUN
cblr-1693	643	32	pursuing	pursue	VERB
cblr-1693	643	33	voluntary	voluntary	ADJ
cblr-1693	643	34	clearing	clearing	NOUN
cblr-1693	643	35	of	of	ADP
cblr-1693	643	36	any	any	DET
cblr-1693	643	37	security	security	NOUN
cblr-1693	643	38	-	-	PUNCT
cblr-1693	643	39	based	base	VERB
cblr-1693	643	40	swaps	swap	NOUN
cblr-1693	643	41	unless	unless	SCONJ
cblr-1693	643	42	forced	force	VERB
cblr-1693	643	43	to	to	PART
cblr-1693	643	44	do	do	VERB
cblr-1693	643	45	so	so	ADV
cblr-1693	643	46	.	.	PUNCT
cblr-1693	644	1	3	3	X
cblr-1693	644	2	.	.	X
cblr-1693	644	3	lack	lack	NOUN
cblr-1693	644	4	of	of	ADP
cblr-1693	644	5	regulatory	regulatory	ADJ
cblr-1693	644	6	incentives	incentive	NOUN
cblr-1693	644	7	will	will	AUX
cblr-1693	644	8	promote	promote	VERB
cblr-1693	644	9	continuation	continuation	NOUN
cblr-1693	644	10	of	of	ADP
cblr-1693	644	11	the	the	DET
cblr-1693	644	12	status	status	NOUN
cblr-1693	644	13	quo	quo	NOUN
cblr-1693	644	14	finally	finally	ADV
cblr-1693	644	15	,	,	PUNCT
cblr-1693	644	16	without	without	ADP
cblr-1693	644	17	a	a	DET
cblr-1693	644	18	commission	commission	NOUN
cblr-1693	644	19	-	-	PUNCT
cblr-1693	644	20	initiated	initiate	VERB
cblr-1693	644	21	review	review	NOUN
cblr-1693	644	22	option	option	NOUN
cblr-1693	644	23	,	,	PUNCT
cblr-1693	644	24	it	it	PRON
cblr-1693	644	25	is	be	AUX
cblr-1693	644	26	unclear	unclear	ADJ
cblr-1693	644	27	how	how	SCONJ
cblr-1693	644	28	the	the	DET
cblr-1693	644	29	sec	sec	PROPN
cblr-1693	644	30	plans	plan	VERB
cblr-1693	644	31	to	to	PART
cblr-1693	644	32	incentivize	incentivize	VERB
cblr-1693	644	33	voluntary	voluntary	ADJ
cblr-1693	644	34	clearing	clearing	NOUN
cblr-1693	644	35	—	—	PUNCT
cblr-1693	644	36	the	the	DET
cblr-1693	644	37	first	first	ADJ
cblr-1693	644	38	step	step	NOUN
cblr-1693	644	39	in	in	ADP
cblr-1693	644	40	the	the	DET
cblr-1693	644	41	mandatory	mandatory	ADJ
cblr-1693	644	42	central	central	ADJ
cblr-1693	644	43	clearing	clearing	NOUN
cblr-1693	644	44	process	process	NOUN
cblr-1693	644	45	under	under	ADP
cblr-1693	644	46	a	a	DET
cblr-1693	644	47	submission	submission	NOUN
cblr-1693	644	48	-	-	PUNCT
cblr-1693	644	49	only	only	ADV
cblr-1693	644	50	scheme	scheme	NOUN
cblr-1693	644	51	.	.	PUNCT
cblr-1693	645	1	in	in	ADP
cblr-1693	645	2	a	a	DET
cblr-1693	645	3	fully	fully	ADV
cblr-1693	645	4	operative	operative	ADJ
cblr-1693	645	5	title	title	NOUN
cblr-1693	645	6	vii	vii	PROPN
cblr-1693	645	7	regulatory	regulatory	ADJ
cblr-1693	645	8	regime	regime	NOUN
cblr-1693	645	9	,	,	PUNCT
cblr-1693	645	10	the	the	DET
cblr-1693	645	11	sec	sec	PROPN
cblr-1693	645	12	would	would	AUX
cblr-1693	645	13	review	review	VERB
cblr-1693	645	14	security	security	NOUN
cblr-1693	645	15	-	-	PUNCT
cblr-1693	645	16	based	base	VERB
cblr-1693	645	17	swap	swap	NOUN
cblr-1693	645	18	products	product	NOUN
cblr-1693	645	19	and	and	CCONJ
cblr-1693	645	20	potentially	potentially	ADV
cblr-1693	645	21	subject	subject	VERB
cblr-1693	645	22	them	they	PRON
cblr-1693	645	23	to	to	ADP
cblr-1693	645	24	the	the	DET
cblr-1693	645	25	central	central	ADJ
cblr-1693	645	26	clearing	clearing	NOUN
cblr-1693	645	27	requirement	requirement	NOUN
cblr-1693	645	28	regardless	regardless	ADV
cblr-1693	645	29	of	of	ADP
cblr-1693	645	30	whether	whether	SCONJ
cblr-1693	645	31	market	market	NOUN
cblr-1693	645	32	participants	participant	NOUN
cblr-1693	645	33	voluntarily	voluntarily	ADV
cblr-1693	645	34	clear	clear	ADJ
cblr-1693	645	35	such	such	ADJ
cblr-1693	645	36	products	product	NOUN
cblr-1693	645	37	.	.	PUNCT
cblr-1693	646	1	in	in	ADP
cblr-1693	646	2	such	such	ADJ
cblr-1693	646	3	circumstances	circumstance	NOUN
cblr-1693	646	4	,	,	PUNCT
cblr-1693	646	5	industry	industry	NOUN
cblr-1693	646	6	members	member	NOUN
cblr-1693	646	7	would	would	AUX
cblr-1693	646	8	have	have	VERB
cblr-1693	646	9	the	the	DET
cblr-1693	646	10	opportunity	opportunity	NOUN
cblr-1693	646	11	to	to	PART
cblr-1693	646	12	avoid	avoid	VERB
cblr-1693	646	13	unnecessary	unnecessary	ADJ
cblr-1693	646	14	costs	cost	NOUN
cblr-1693	646	15	and	and	CCONJ
cblr-1693	646	16	disruptions	disruption	NOUN
cblr-1693	646	17	to	to	ADP
cblr-1693	646	18	their	their	PRON
cblr-1693	646	19	trading	trading	NOUN
cblr-1693	646	20	by	by	ADP
cblr-1693	646	21	making	make	VERB
cblr-1693	646	22	products	product	NOUN
cblr-1693	646	23	more	more	ADV
cblr-1693	646	24	suitable	suitable	ADJ
cblr-1693	646	25	for	for	ADP
cblr-1693	646	26	clearing	clear	VERB
cblr-1693	646	27	in	in	ADP
cblr-1693	646	28	advance	advance	NOUN
cblr-1693	646	29	of	of	ADP
cblr-1693	646	30	an	an	DET
cblr-1693	646	31	sec	sec	PROPN
cblr-1693	646	32	determination	determination	NOUN
cblr-1693	646	33	.	.	PUNCT
cblr-1693	647	1	the	the	DET
cblr-1693	647	2	cftc	cftc	PROPN
cblr-1693	647	3	’s	’s	PART
cblr-1693	647	4	submission	submission	NOUN
cblr-1693	647	5	-	-	PUNCT
cblr-1693	647	6	focused	focus	VERB
cblr-1693	647	7	approach	approach	NOUN
cblr-1693	647	8	benefitted	benefit	VERB
cblr-1693	647	9	from	from	ADP
cblr-1693	647	10	a	a	DET
cblr-1693	647	11	general	general	ADJ
cblr-1693	647	12	market	market	NOUN
cblr-1693	647	13	understanding	understanding	NOUN
cblr-1693	647	14	that	that	SCONJ
cblr-1693	647	15	mandatory	mandatory	ADJ
cblr-1693	647	16	central	central	ADJ
cblr-1693	647	17	clearing	clearing	NOUN
cblr-1693	647	18	would	would	AUX
cblr-1693	647	19	soon	soon	ADV
cblr-1693	647	20	be	be	AUX
cblr-1693	647	21	implemented	implement	VERB
cblr-1693	647	22	for	for	ADP
cblr-1693	647	23	swaps.159	swaps.159	NOUN
cblr-1693	647	24	the	the	DET
cblr-1693	647	25	cftc	cftc	PROPN
cblr-1693	647	26	process	process	NOUN
cblr-1693	647	27	rule	rule	NOUN
cblr-1693	647	28	’s	’s	PART
cblr-1693	647	29	inclusion	inclusion	NOUN
cblr-1693	647	30	of	of	ADP
cblr-1693	647	31	specific	specific	ADJ
cblr-1693	647	32	commission	commission	NOUN
cblr-1693	647	33	-	-	PUNCT
cblr-1693	647	34	initiated	initiate	VERB
cblr-1693	647	35	review	review	NOUN
cblr-1693	647	36	methods	method	NOUN
cblr-1693	647	37	bolstered	bolster	VERB
cblr-1693	647	38	this	this	DET
cblr-1693	647	39	expectation	expectation	NOUN
cblr-1693	647	40	,	,	PUNCT
cblr-1693	647	41	even	even	ADV
cblr-1693	647	42	though	though	SCONJ
cblr-1693	647	43	they	they	PRON
cblr-1693	647	44	have	have	AUX
cblr-1693	647	45	not	not	PART
cblr-1693	647	46	been	be	AUX
cblr-1693	647	47	used	use	VERB
cblr-1693	647	48	.	.	PUNCT
cblr-1693	648	1	while	while	SCONJ
cblr-1693	648	2	isda	isda	PROPN
cblr-1693	648	3	noted	note	VERB
cblr-1693	648	4	that	that	SCONJ
cblr-1693	648	5	increased	increase	VERB
cblr-1693	648	6	central	central	ADJ
cblr-1693	648	7	clearing	clearing	NOUN
cblr-1693	648	8	began	begin	VERB
cblr-1693	648	9	before	before	ADP
cblr-1693	648	10	the	the	DET
cblr-1693	648	11	financial	financial	ADJ
cblr-1693	648	12	crisis,160	crisis,160	PROPN
cblr-1693	648	13	this	this	DET
cblr-1693	648	14	shift	shift	NOUN
cblr-1693	648	15	accelerated	accelerate	VERB
cblr-1693	648	16	following	follow	VERB
cblr-1693	648	17	the	the	DET
cblr-1693	648	18	industry	industry	NOUN
cblr-1693	648	19	commitment	commitment	NOUN
cblr-1693	648	20	to	to	PART
cblr-1693	648	21	“	"	PUNCT
cblr-1693	648	22	broaden	broaden	VERB
cblr-1693	648	23	the	the	DET
cblr-1693	648	24	range	range	NOUN
cblr-1693	648	25	of	of	ADP
cblr-1693	648	26	cleared	clear	VERB
cblr-1693	648	27	swaps	swap	NOUN
cblr-1693	648	28	and	and	CCONJ
cblr-1693	648	29	market	market	NOUN
cblr-1693	648	30	participants	participant	NOUN
cblr-1693	648	31	.	.	PUNCT
cblr-1693	649	1	”161	”161	VERB
cblr-1693	649	2	158	158	NUM
cblr-1693	650	1	i	i	PRON
cblr-1693	650	2	d.	d.	PROPN
cblr-1693	650	3	159	159	NUM
cblr-1693	650	4	see	see	VERB
cblr-1693	650	5	supra	supra	PROPN
cblr-1693	650	6	notes	note	VERB
cblr-1693	650	7	96–98	96–98	PROPN
cblr-1693	650	8	and	and	CCONJ
cblr-1693	650	9	accompanying	accompany	VERB
cblr-1693	650	10	text	text	NOUN
cblr-1693	650	11	.	.	PUNCT
cblr-1693	651	1	160	160	NUM
cblr-1693	652	1	i	i	PRON
cblr-1693	652	2	d.	d.	NOUN
cblr-1693	652	3	at	at	ADP
cblr-1693	652	4	7	7	NUM
cblr-1693	652	5	(	(	PUNCT
cblr-1693	652	6	“	"	PUNCT
cblr-1693	652	7	to	to	PART
cblr-1693	652	8	summarize	summarize	VERB
cblr-1693	652	9	,	,	PUNCT
cblr-1693	652	10	the	the	DET
cblr-1693	652	11	trend	trend	NOUN
cblr-1693	652	12	toward	toward	ADP
cblr-1693	652	13	central	central	ADJ
cblr-1693	652	14	clearing	clearing	NOUN
cblr-1693	652	15	predates	predate	VERB
cblr-1693	652	16	the	the	DET
cblr-1693	652	17	financial	financial	ADJ
cblr-1693	652	18	crisis	crisis	NOUN
cblr-1693	652	19	and	and	CCONJ
cblr-1693	652	20	has	have	AUX
cblr-1693	652	21	accelerated	accelerate	VERB
cblr-1693	652	22	since	since	SCONJ
cblr-1693	652	23	the	the	DET
cblr-1693	652	24	crisis	crisis	NOUN
cblr-1693	652	25	.	.	PUNCT
cblr-1693	652	26	”	"	PUNCT
cblr-1693	652	27	)	)	PUNCT
cblr-1693	652	28	.	.	PUNCT
cblr-1693	653	1	161	161	NUM
cblr-1693	653	2	clearing	clearing	NOUN
cblr-1693	653	3	requirement	requirement	NOUN
cblr-1693	653	4	determination	determination	NOUN
cblr-1693	653	5	under	under	ADP
cblr-1693	653	6	section	section	NOUN
cblr-1693	653	7	2(h	2(h	NUM
cblr-1693	653	8	)	)	PUNCT
cblr-1693	653	9	of	of	ADP
cblr-1693	653	10	the	the	DET
cblr-1693	653	11	cea	cea	PROPN
cblr-1693	653	12	,	,	PUNCT
cblr-1693	653	13	77	77	NUM
cblr-1693	653	14	fed	fed	PROPN
cblr-1693	653	15	.	.	PUNCT
cblr-1693	654	1	reg	reg	PROPN
cblr-1693	654	2	.	.	PUNCT
cblr-1693	655	1	74,284	74,284	NUM
cblr-1693	655	2	,	,	PUNCT
cblr-1693	655	3	74,296	74,296	NUM
cblr-1693	655	4	(	(	PUNCT
cblr-1693	655	5	dec	dec	PROPN
cblr-1693	655	6	.	.	PROPN
cblr-1693	655	7	13	13	NUM
cblr-1693	655	8	,	,	PUNCT
cblr-1693	655	9	2012	2012	NUM
cblr-1693	655	10	)	)	PUNCT
cblr-1693	655	11	(	(	PUNCT
cblr-1693	655	12	to	to	PART
cblr-1693	655	13	be	be	AUX
cblr-1693	655	14	codified	codify	VERB
cblr-1693	655	15	at	at	ADP
cblr-1693	655	16	17	17	NUM
cblr-1693	655	17	c.f.r	c.f.r	NOUN
cblr-1693	655	18	.	.	PUNCT
cblr-1693	656	1	pts	pts	PROPN
cblr-1693	656	2	.	.	PROPN
cblr-1693	656	3	39	39	NUM
cblr-1693	656	4	,	,	PUNCT
cblr-1693	656	5	50	50	NUM
cblr-1693	656	6	)	)	PUNCT
cblr-1693	656	7	.	.	PUNCT
cblr-1693	657	1	290	290	NUM
cblr-1693	657	2	columbia	columbia	PROPN
cblr-1693	657	3	business	business	NOUN
cblr-1693	657	4	law	law	PROPN
cblr-1693	657	5	review	review	NOUN
cblr-1693	658	1	[	[	X
cblr-1693	658	2	vol	vol	NOUN
cblr-1693	658	3	.	.	NOUN
cblr-1693	658	4	2019	2019	NUM
cblr-1693	658	5	industry	industry	NOUN
cblr-1693	658	6	members	member	NOUN
cblr-1693	658	7	began	begin	VERB
cblr-1693	658	8	to	to	PART
cblr-1693	658	9	change	change	VERB
cblr-1693	658	10	their	their	PRON
cblr-1693	658	11	approach	approach	NOUN
cblr-1693	658	12	in	in	ADP
cblr-1693	658	13	direct	direct	ADJ
cblr-1693	658	14	response	response	NOUN
cblr-1693	658	15	to	to	ADP
cblr-1693	658	16	“	"	PUNCT
cblr-1693	658	17	key	key	ADJ
cblr-1693	658	18	concerns	concern	NOUN
cblr-1693	658	19	raised	raise	VERB
cblr-1693	658	20	by	by	ADP
cblr-1693	658	21	supervisors	supervisor	NOUN
cblr-1693	658	22	and	and	CCONJ
cblr-1693	658	23	legislators	legislator	NOUN
cblr-1693	658	24	globally	globally	ADV
cblr-1693	658	25	.	.	PUNCT
cblr-1693	659	1	”162	”162	PUNCT
cblr-1693	660	1	the	the	DET
cblr-1693	660	2	cftc	cftc	PROPN
cblr-1693	660	3	could	could	AUX
cblr-1693	660	4	rely	rely	VERB
cblr-1693	660	5	on	on	ADP
cblr-1693	660	6	the	the	DET
cblr-1693	660	7	submission	submission	NOUN
cblr-1693	660	8	process	process	NOUN
cblr-1693	660	9	in	in	ADP
cblr-1693	660	10	the	the	DET
cblr-1693	660	11	initial	initial	ADJ
cblr-1693	660	12	cftc	cftc	PROPN
cblr-1693	660	13	clearing	clearing	NOUN
cblr-1693	660	14	mandate	mandate	NOUN
cblr-1693	660	15	specifically	specifically	ADV
cblr-1693	660	16	because	because	SCONJ
cblr-1693	660	17	widespread	widespread	ADJ
cblr-1693	660	18	,	,	PUNCT
cblr-1693	660	19	voluntary	voluntary	ADJ
cblr-1693	660	20	swap	swap	NOUN
cblr-1693	660	21	clearing	clearing	NOUN
cblr-1693	660	22	had	have	AUX
cblr-1693	660	23	already	already	ADV
cblr-1693	660	24	taken	take	VERB
cblr-1693	660	25	hold	hold	NOUN
cblr-1693	660	26	in	in	ADP
cblr-1693	660	27	the	the	DET
cblr-1693	660	28	market	market	NOUN
cblr-1693	660	29	as	as	ADP
cblr-1693	660	30	a	a	DET
cblr-1693	660	31	response	response	NOUN
cblr-1693	660	32	to	to	ADP
cblr-1693	660	33	the	the	DET
cblr-1693	660	34	threat	threat	NOUN
cblr-1693	660	35	of	of	ADP
cblr-1693	660	36	regulation.163	regulation.163	PROPN
cblr-1693	660	37	similarly	similarly	ADV
cblr-1693	660	38	,	,	PUNCT
cblr-1693	660	39	regulators	regulator	NOUN
cblr-1693	660	40	made	make	VERB
cblr-1693	660	41	the	the	DET
cblr-1693	660	42	additional	additional	ADJ
cblr-1693	660	43	cftc	cftc	NOUN
cblr-1693	660	44	clearing	clearing	NOUN
cblr-1693	660	45	mandate	mandate	NOUN
cblr-1693	660	46	determination	determination	NOUN
cblr-1693	660	47	based	base	VERB
cblr-1693	660	48	on	on	ADP
cblr-1693	660	49	submissions	submission	NOUN
cblr-1693	660	50	of	of	ADP
cblr-1693	660	51	types	type	NOUN
cblr-1693	660	52	of	of	ADP
cblr-1693	660	53	swaps	swap	NOUN
cblr-1693	660	54	then	then	ADV
cblr-1693	660	55	uncleared	uncleare	VERB
cblr-1693	660	56	by	by	ADP
cblr-1693	660	57	the	the	DET
cblr-1693	660	58	submitting	submitting	NOUN
cblr-1693	660	59	organizations	organization	NOUN
cblr-1693	660	60	,	,	PUNCT
cblr-1693	660	61	but	but	CCONJ
cblr-1693	660	62	which	which	PRON
cblr-1693	660	63	the	the	DET
cblr-1693	660	64	organizations	organization	NOUN
cblr-1693	660	65	wished	wish	VERB
cblr-1693	660	66	to	to	PART
cblr-1693	660	67	voluntarily	voluntarily	ADV
cblr-1693	660	68	clear	clear	ADV
cblr-1693	660	69	moving	move	VERB
cblr-1693	660	70	forward.164	forward.164	ADV
cblr-1693	660	71	without	without	ADP
cblr-1693	660	72	any	any	DET
cblr-1693	660	73	risk	risk	NOUN
cblr-1693	660	74	of	of	ADP
cblr-1693	660	75	topdown	topdown	ADJ
cblr-1693	660	76	cftc	cftc	PROPN
cblr-1693	660	77	review	review	NOUN
cblr-1693	660	78	of	of	ADP
cblr-1693	660	79	these	these	DET
cblr-1693	660	80	products	product	NOUN
cblr-1693	660	81	(	(	PUNCT
cblr-1693	660	82	i.e.	i.e.	X
cblr-1693	660	83	,	,	PUNCT
cblr-1693	660	84	without	without	ADP
cblr-1693	660	85	a	a	DET
cblr-1693	660	86	potential	potential	ADJ
cblr-1693	660	87	clearing	clearing	NOUN
cblr-1693	660	88	obligation	obligation	NOUN
cblr-1693	660	89	)	)	PUNCT
cblr-1693	660	90	,	,	PUNCT
cblr-1693	660	91	it	it	PRON
cblr-1693	660	92	is	be	AUX
cblr-1693	660	93	unclear	unclear	ADJ
cblr-1693	660	94	whether	whether	SCONJ
cblr-1693	660	95	industry	industry	NOUN
cblr-1693	660	96	participants	participant	NOUN
cblr-1693	660	97	would	would	AUX
cblr-1693	660	98	have	have	AUX
cblr-1693	660	99	unilaterally	unilaterally	ADV
cblr-1693	660	100	standardized	standardize	VERB
cblr-1693	660	101	and	and	CCONJ
cblr-1693	660	102	cleared	clear	VERB
cblr-1693	660	103	them	they	PRON
cblr-1693	660	104	.	.	PUNCT
cblr-1693	661	1	as	as	SCONJ
cblr-1693	661	2	security	security	NOUN
cblr-1693	661	3	-	-	PUNCT
cblr-1693	661	4	based	base	VERB
cblr-1693	661	5	swaps	swap	NOUN
cblr-1693	661	6	are	be	AUX
cblr-1693	661	7	less	less	ADV
cblr-1693	661	8	likely	likely	ADJ
cblr-1693	661	9	than	than	ADP
cblr-1693	661	10	swaps	swap	NOUN
cblr-1693	661	11	to	to	PART
cblr-1693	661	12	be	be	AUX
cblr-1693	661	13	voluntarily	voluntarily	ADV
cblr-1693	661	14	cleared	clear	VERB
cblr-1693	661	15	or	or	CCONJ
cblr-1693	661	16	clearable	clearable	NOUN
cblr-1693	661	17	,	,	PUNCT
cblr-1693	661	18	incentivizing	incentivize	VERB
cblr-1693	661	19	voluntary	voluntary	ADJ
cblr-1693	661	20	clearing	clearing	NOUN
cblr-1693	661	21	is	be	AUX
cblr-1693	661	22	essential	essential	ADJ
cblr-1693	661	23	to	to	ADP
cblr-1693	661	24	the	the	DET
cblr-1693	661	25	sec	sec	PROPN
cblr-1693	661	26	’s	’s	PART
cblr-1693	661	27	mandatory	mandatory	ADJ
cblr-1693	661	28	clearing	clearing	NOUN
cblr-1693	661	29	process	process	NOUN
cblr-1693	661	30	.	.	PUNCT
cblr-1693	662	1	exemplifying	exemplify	VERB
cblr-1693	662	2	the	the	DET
cblr-1693	662	3	impact	impact	NOUN
cblr-1693	662	4	such	such	ADJ
cblr-1693	662	5	incentives	incentive	NOUN
cblr-1693	662	6	could	could	AUX
cblr-1693	662	7	have	have	VERB
cblr-1693	662	8	,	,	PUNCT
cblr-1693	662	9	major	major	ADJ
cblr-1693	662	10	buy	buy	NOUN
cblr-1693	662	11	-	-	PUNCT
cblr-1693	662	12	side	side	NOUN
cblr-1693	662	13	firms	firm	NOUN
cblr-1693	662	14	have	have	AUX
cblr-1693	662	15	already	already	ADV
cblr-1693	662	16	committed	commit	VERB
cblr-1693	662	17	to	to	PART
cblr-1693	662	18	voluntarily	voluntarily	ADV
cblr-1693	662	19	clear	clear	VERB
cblr-1693	662	20	the	the	DET
cblr-1693	662	21	one	one	NUM
cblr-1693	662	22	security	security	NOUN
cblr-1693	662	23	-	-	PUNCT
cblr-1693	662	24	based	base	VERB
cblr-1693	662	25	swap	swap	NOUN
cblr-1693	662	26	product	product	NOUN
cblr-1693	662	27	that	that	SCONJ
cblr-1693	662	28	the	the	DET
cblr-1693	662	29	eventual	eventual	ADJ
cblr-1693	662	30	central	central	ADJ
cblr-1693	662	31	clearing	clearing	NOUN
cblr-1693	662	32	requirement	requirement	NOUN
cblr-1693	662	33	will	will	AUX
cblr-1693	662	34	certainly	certainly	ADV
cblr-1693	662	35	cover	cover	VERB
cblr-1693	662	36	—	—	PUNCT
cblr-1693	662	37	liquid	liquid	ADJ
cblr-1693	662	38	single	single	ADJ
cblr-1693	662	39	-	-	PUNCT
cblr-1693	662	40	name	name	NOUN
cblr-1693	662	41	cds.165	cds.165	NOUN
cblr-1693	662	42	such	such	DET
cblr-1693	662	43	a	a	DET
cblr-1693	662	44	voluntary	voluntary	ADJ
cblr-1693	662	45	move	move	NOUN
cblr-1693	662	46	is	be	AUX
cblr-1693	662	47	unlikely	unlikely	ADJ
cblr-1693	662	48	to	to	PART
cblr-1693	662	49	occur	occur	VERB
cblr-1693	662	50	in	in	ADP
cblr-1693	662	51	the	the	DET
cblr-1693	662	52	162	162	NUM
cblr-1693	662	53	letter	letter	NOUN
cblr-1693	662	54	from	from	ADP
cblr-1693	662	55	senior	senior	ADJ
cblr-1693	662	56	mgmts	mgmt	NOUN
cblr-1693	662	57	.	.	PUNCT
cblr-1693	663	1	of	of	ADP
cblr-1693	663	2	dealers	dealer	NOUN
cblr-1693	663	3	&	&	CCONJ
cblr-1693	663	4	buy	buy	NOUN
cblr-1693	663	5	-	-	PUNCT
cblr-1693	663	6	side	side	NOUN
cblr-1693	663	7	insts	inst	NOUN
cblr-1693	663	8	.	.	PUNCT
cblr-1693	664	1	to	to	ADP
cblr-1693	664	2	william	william	PROPN
cblr-1693	664	3	c.	c.	PROPN
cblr-1693	664	4	dudley	dudley	PROPN
cblr-1693	664	5	,	,	PUNCT
cblr-1693	664	6	president	president	NOUN
cblr-1693	664	7	,	,	PUNCT
cblr-1693	664	8	fed	fed	PROPN
cblr-1693	664	9	.	.	PROPN
cblr-1693	664	10	reserve	reserve	PROPN
cblr-1693	664	11	bank	bank	PROPN
cblr-1693	664	12	of	of	ADP
cblr-1693	664	13	n.y	n.y	PROPN
cblr-1693	664	14	.	.	PROPN
cblr-1693	665	1	(	(	PUNCT
cblr-1693	665	2	june	june	PROPN
cblr-1693	665	3	2	2	NUM
cblr-1693	665	4	,	,	PUNCT
cblr-1693	665	5	2009	2009	NUM
cblr-1693	665	6	)	)	PUNCT
cblr-1693	665	7	,	,	PUNCT
cblr-1693	665	8	https://www.newyorkfed.org/medialibrary/media/newsevents/news/market	https://www.newyorkfed.org/medialibrary/media/newsevents/news/market	ADP
cblr-1693	665	9	s/2009/060209letter.pdf	s/2009/060209letter.pdf	NOUN
cblr-1693	666	1	[	[	X
cblr-1693	666	2	perma.cc/dk7k-ebjv	perma.cc/dk7k-ebjv	NOUN
cblr-1693	666	3	]	]	X
cblr-1693	666	4	.	.	PUNCT
cblr-1693	667	1	163	163	NUM
cblr-1693	667	2	see	see	NOUN
cblr-1693	667	3	process	process	NOUN
cblr-1693	667	4	for	for	ADP
cblr-1693	667	5	review	review	NOUN
cblr-1693	667	6	of	of	ADP
cblr-1693	667	7	swaps	swap	NOUN
cblr-1693	667	8	for	for	ADP
cblr-1693	667	9	mandatory	mandatory	ADJ
cblr-1693	667	10	clearing	clearing	NOUN
cblr-1693	667	11	,	,	PUNCT
cblr-1693	667	12	76	76	NUM
cblr-1693	667	13	fed	fed	PROPN
cblr-1693	667	14	.	.	PUNCT
cblr-1693	668	1	reg	reg	PROPN
cblr-1693	668	2	.	.	PROPN
cblr-1693	669	1	44,464	44,464	NUM
cblr-1693	669	2	,	,	PUNCT
cblr-1693	669	3	44,469	44,469	NUM
cblr-1693	669	4	(	(	PUNCT
cblr-1693	669	5	july	july	PROPN
cblr-1693	669	6	26	26	NUM
cblr-1693	669	7	,	,	PUNCT
cblr-1693	669	8	2011	2011	NUM
cblr-1693	669	9	)	)	PUNCT
cblr-1693	669	10	(	(	PUNCT
cblr-1693	669	11	to	to	PART
cblr-1693	669	12	be	be	AUX
cblr-1693	669	13	codified	codify	VERB
cblr-1693	669	14	at	at	ADP
cblr-1693	669	15	17	17	NUM
cblr-1693	669	16	c.f.r	c.f.r	NOUN
cblr-1693	669	17	.	.	PUNCT
cblr-1693	670	1	pts	pts	PROPN
cblr-1693	670	2	.	.	PROPN
cblr-1693	670	3	39	39	NUM
cblr-1693	670	4	,	,	PUNCT
cblr-1693	670	5	140	140	NUM
cblr-1693	670	6	)	)	PUNCT
cblr-1693	670	7	(	(	PUNCT
cblr-1693	670	8	“	"	PUNCT
cblr-1693	670	9	the	the	DET
cblr-1693	670	10	[	[	X
cblr-1693	670	11	cftc	cftc	X
cblr-1693	670	12	]	]	PUNCT
cblr-1693	670	13	anticipates	anticipate	VERB
cblr-1693	670	14	that	that	SCONJ
cblr-1693	670	15	the	the	DET
cblr-1693	670	16	initial	initial	ADJ
cblr-1693	670	17	mandatory	mandatory	ADJ
cblr-1693	670	18	clearing	clearing	NOUN
cblr-1693	670	19	determinations	determination	NOUN
cblr-1693	670	20	would	would	AUX
cblr-1693	670	21	only	only	ADV
cblr-1693	670	22	involve	involve	VERB
cblr-1693	670	23	swaps	swap	NOUN
cblr-1693	670	24	that	that	PRON
cblr-1693	670	25	are	be	AUX
cblr-1693	670	26	either	either	CCONJ
cblr-1693	670	27	already	already	ADV
cblr-1693	670	28	being	be	AUX
cblr-1693	670	29	cleared	clear	VERB
cblr-1693	670	30	or	or	CCONJ
cblr-1693	670	31	that	that	SCONJ
cblr-1693	670	32	a	a	DET
cblr-1693	670	33	[	[	X
cblr-1693	670	34	derivatives	derivative	NOUN
cblr-1693	670	35	clearing	clearing	NOUN
cblr-1693	670	36	organization	organization	NOUN
cblr-1693	670	37	]	]	PUNCT
cblr-1693	670	38	wants	want	VERB
cblr-1693	670	39	to	to	PART
cblr-1693	670	40	clear	clear	VERB
cblr-1693	670	41	.	.	PUNCT
cblr-1693	670	42	”	"	PUNCT
cblr-1693	670	43	)	)	PUNCT
cblr-1693	670	44	;	;	PUNCT
cblr-1693	670	45	see	see	VERB
cblr-1693	670	46	also	also	ADV
cblr-1693	670	47	clearing	clear	VERB
cblr-1693	670	48	requirement	requirement	NOUN
cblr-1693	670	49	determination	determination	NOUN
cblr-1693	670	50	under	under	ADP
cblr-1693	670	51	section	section	NOUN
cblr-1693	670	52	2(h	2(h	NUM
cblr-1693	670	53	)	)	PUNCT
cblr-1693	670	54	of	of	ADP
cblr-1693	670	55	the	the	DET
cblr-1693	670	56	cea	cea	PROPN
cblr-1693	670	57	,	,	PUNCT
cblr-1693	670	58	77	77	NUM
cblr-1693	670	59	fed	fed	PROPN
cblr-1693	670	60	.	.	PUNCT
cblr-1693	671	1	reg	reg	PROPN
cblr-1693	671	2	.	.	PUNCT
cblr-1693	672	1	at	at	ADP
cblr-1693	672	2	74,287	74,287	NUM
cblr-1693	672	3	(	(	PUNCT
cblr-1693	672	4	noting	note	VERB
cblr-1693	672	5	the	the	DET
cblr-1693	672	6	swaps	swap	NOUN
cblr-1693	672	7	covered	cover	VERB
cblr-1693	672	8	under	under	ADP
cblr-1693	672	9	the	the	DET
cblr-1693	672	10	initial	initial	ADJ
cblr-1693	672	11	cftc	cftc	PROPN
cblr-1693	672	12	clearing	clearing	NOUN
cblr-1693	672	13	mandate	mandate	NOUN
cblr-1693	672	14	were	be	AUX
cblr-1693	672	15	“	"	PUNCT
cblr-1693	672	16	currently	currently	ADV
cblr-1693	672	17	being	be	AUX
cblr-1693	672	18	cleared	clear	VERB
cblr-1693	672	19	”	"	PUNCT
cblr-1693	672	20	)	)	PUNCT
cblr-1693	672	21	.	.	PUNCT
cblr-1693	673	1	164	164	NUM
cblr-1693	673	2	see	see	VERB
cblr-1693	673	3	clearing	clearing	NOUN
cblr-1693	673	4	requirement	requirement	NOUN
cblr-1693	673	5	determination	determination	NOUN
cblr-1693	673	6	under	under	ADP
cblr-1693	673	7	section	section	NOUN
cblr-1693	673	8	2(h	2(h	NUM
cblr-1693	673	9	)	)	PUNCT
cblr-1693	673	10	of	of	ADP
cblr-1693	673	11	the	the	DET
cblr-1693	673	12	commodity	commodity	NOUN
cblr-1693	673	13	exchange	exchange	PROPN
cblr-1693	673	14	act	act	NOUN
cblr-1693	673	15	for	for	ADP
cblr-1693	673	16	interest	interest	NOUN
cblr-1693	673	17	rate	rate	NOUN
cblr-1693	673	18	swaps	swap	NOUN
cblr-1693	673	19	,	,	PUNCT
cblr-1693	673	20	81	81	NUM
cblr-1693	673	21	fed	feed	VERB
cblr-1693	673	22	.	.	PUNCT
cblr-1693	674	1	reg	reg	PROPN
cblr-1693	674	2	.	.	PUNCT
cblr-1693	675	1	71,202	71,202	NUM
cblr-1693	675	2	,	,	PUNCT
cblr-1693	675	3	71,206	71,206	NUM
cblr-1693	675	4	(	(	PUNCT
cblr-1693	675	5	oct	oct	PROPN
cblr-1693	675	6	.	.	PROPN
cblr-1693	675	7	14	14	NUM
cblr-1693	675	8	,	,	PUNCT
cblr-1693	675	9	2016	2016	NUM
cblr-1693	675	10	)	)	PUNCT
cblr-1693	675	11	(	(	PUNCT
cblr-1693	675	12	to	to	PART
cblr-1693	675	13	be	be	AUX
cblr-1693	675	14	codified	codify	VERB
cblr-1693	675	15	at	at	ADP
cblr-1693	675	16	17	17	NUM
cblr-1693	675	17	c.f.r	c.f.r	NOUN
cblr-1693	675	18	.	.	PUNCT
cblr-1693	676	1	pt	pt	PROPN
cblr-1693	676	2	.	.	PROPN
cblr-1693	676	3	50	50	NUM
cblr-1693	676	4	)	)	PUNCT
cblr-1693	676	5	.	.	PUNCT
cblr-1693	677	1	165	165	NUM
cblr-1693	677	2	see	see	VERB
cblr-1693	677	3	press	press	NOUN
cblr-1693	677	4	release	release	NOUN
cblr-1693	677	5	,	,	PUNCT
cblr-1693	677	6	int’l	int’l	NOUN
cblr-1693	677	7	swaps	swap	NOUN
cblr-1693	677	8	&	&	CCONJ
cblr-1693	677	9	derivatives	derivative	NOUN
cblr-1693	677	10	ass’n	ass’n	VERB
cblr-1693	677	11	,	,	PUNCT
cblr-1693	677	12	25	25	NUM
cblr-1693	677	13	investment	investment	NOUN
cblr-1693	677	14	management	management	NOUN
cblr-1693	677	15	firms	firm	NOUN
cblr-1693	677	16	commit	commit	VERB
cblr-1693	677	17	to	to	ADP
cblr-1693	677	18	single	single	ADJ
cblr-1693	677	19	-	-	PUNCT
cblr-1693	677	20	name	name	NOUN
cblr-1693	677	21	cds	cd	NOUN
cblr-1693	677	22	clearing	clearing	NOUN
cblr-1693	677	23	(	(	PUNCT
cblr-1693	677	24	dec	dec	PROPN
cblr-1693	677	25	.	.	PROPN
cblr-1693	677	26	16	16	NUM
cblr-1693	677	27	,	,	PUNCT
cblr-1693	677	28	2015	2015	NUM
cblr-1693	677	29	)	)	PUNCT
cblr-1693	677	30	,	,	PUNCT
cblr-1693	677	31	no	no	INTJ
cblr-1693	677	32	.	.	PUNCT
cblr-1693	678	1	1:252	1:252	NUM
cblr-1693	678	2	]	]	X
cblr-1693	678	3	to	to	PART
cblr-1693	678	4	clear	clear	ADJ
cblr-1693	678	5	or	or	CCONJ
cblr-1693	678	6	not	not	PART
cblr-1693	678	7	to	to	PART
cblr-1693	678	8	clear	clear	VERB
cblr-1693	678	9	291	291	NUM
cblr-1693	678	10	market	market	NOUN
cblr-1693	678	11	for	for	ADP
cblr-1693	678	12	other	other	ADJ
cblr-1693	678	13	products	product	NOUN
cblr-1693	678	14	,	,	PUNCT
cblr-1693	678	15	though	though	ADV
cblr-1693	678	16	;	;	PUNCT
cblr-1693	678	17	as	as	SCONJ
cblr-1693	678	18	discussed	discuss	VERB
cblr-1693	678	19	above	above	ADV
cblr-1693	678	20	,	,	PUNCT
cblr-1693	678	21	bespoke	bespoke	ADJ
cblr-1693	678	22	security	security	NOUN
cblr-1693	678	23	-	-	PUNCT
cblr-1693	678	24	based	base	VERB
cblr-1693	678	25	swaps	swap	NOUN
cblr-1693	678	26	’	'	PUNCT
cblr-1693	678	27	usefulness	usefulness	NOUN
cblr-1693	678	28	for	for	ADP
cblr-1693	678	29	hedging	hedging	NOUN
cblr-1693	678	30	purposes	purpose	NOUN
cblr-1693	678	31	—	—	PUNCT
cblr-1693	678	32	and	and	CCONJ
cblr-1693	678	33	the	the	DET
cblr-1693	678	34	broader	broad	ADJ
cblr-1693	678	35	popularity	popularity	NOUN
cblr-1693	678	36	of	of	ADP
cblr-1693	678	37	their	their	PRON
cblr-1693	678	38	bilaterally	bilaterally	ADV
cblr-1693	678	39	negotiated	negotiate	VERB
cblr-1693	678	40	nature	nature	NOUN
cblr-1693	678	41	—	—	PUNCT
cblr-1693	678	42	makes	make	VERB
cblr-1693	678	43	it	it	PRON
cblr-1693	678	44	unlikely	unlikely	ADJ
cblr-1693	678	45	parties	party	NOUN
cblr-1693	678	46	will	will	AUX
cblr-1693	678	47	abandon	abandon	VERB
cblr-1693	678	48	these	these	DET
cblr-1693	678	49	products.166	products.166	NOUN
cblr-1693	678	50	considering	consider	VERB
cblr-1693	678	51	that	that	SCONJ
cblr-1693	678	52	standardization	standardization	NOUN
cblr-1693	678	53	would	would	AUX
cblr-1693	678	54	sacrifice	sacrifice	VERB
cblr-1693	678	55	this	this	DET
cblr-1693	678	56	utility	utility	NOUN
cblr-1693	678	57	,	,	PUNCT
cblr-1693	678	58	it	it	PRON
cblr-1693	678	59	would	would	AUX
cblr-1693	678	60	be	be	AUX
cblr-1693	678	61	a	a	DET
cblr-1693	678	62	poor	poor	ADJ
cblr-1693	678	63	plan	plan	NOUN
cblr-1693	678	64	to	to	PART
cblr-1693	678	65	rely	rely	VERB
cblr-1693	678	66	on	on	ADP
cblr-1693	678	67	industry	industry	NOUN
cblr-1693	678	68	members	member	NOUN
cblr-1693	678	69	expending	expend	VERB
cblr-1693	678	70	their	their	PRON
cblr-1693	678	71	own	own	ADJ
cblr-1693	678	72	resources	resource	NOUN
cblr-1693	678	73	to	to	PART
cblr-1693	678	74	find	find	VERB
cblr-1693	678	75	ways	way	NOUN
cblr-1693	678	76	to	to	PART
cblr-1693	678	77	standardize	standardize	VERB
cblr-1693	678	78	these	these	DET
cblr-1693	678	79	products.167	products.167	ADJ
cblr-1693	678	80	making	make	VERB
cblr-1693	678	81	it	it	PRON
cblr-1693	678	82	inevitable	inevitable	ADJ
cblr-1693	678	83	that	that	SCONJ
cblr-1693	678	84	the	the	DET
cblr-1693	678	85	central	central	ADJ
cblr-1693	678	86	clearing	clearing	NOUN
cblr-1693	678	87	mandate	mandate	NOUN
cblr-1693	678	88	will	will	AUX
cblr-1693	678	89	reach	reach	VERB
cblr-1693	678	90	currently	currently	ADV
cblr-1693	678	91	unclearable	unclearable	ADJ
cblr-1693	678	92	products	product	NOUN
cblr-1693	678	93	is	be	AUX
cblr-1693	678	94	the	the	DET
cblr-1693	678	95	most	most	ADV
cblr-1693	678	96	effective	effective	ADJ
cblr-1693	678	97	way	way	NOUN
cblr-1693	678	98	to	to	PART
cblr-1693	678	99	push	push	VERB
cblr-1693	678	100	the	the	DET
cblr-1693	678	101	market	market	NOUN
cblr-1693	678	102	toward	toward	ADP
cblr-1693	678	103	voluntary	voluntary	ADJ
cblr-1693	678	104	clearing	clearing	NOUN
cblr-1693	678	105	.	.	PUNCT
cblr-1693	679	1	but	but	CCONJ
cblr-1693	679	2	under	under	ADP
cblr-1693	679	3	the	the	DET
cblr-1693	679	4	submission	submission	NOUN
cblr-1693	679	5	-	-	PUNCT
cblr-1693	679	6	only	only	ADV
cblr-1693	679	7	processes	process	NOUN
cblr-1693	679	8	in	in	ADP
cblr-1693	679	9	the	the	DET
cblr-1693	679	10	sec	sec	PROPN
cblr-1693	679	11	process	process	NOUN
cblr-1693	679	12	rule	rule	NOUN
cblr-1693	679	13	,	,	PUNCT
cblr-1693	679	14	this	this	DET
cblr-1693	679	15	regulatory	regulatory	ADJ
cblr-1693	679	16	incentive	incentive	NOUN
cblr-1693	679	17	is	be	AUX
cblr-1693	679	18	conspicuously	conspicuously	ADV
cblr-1693	679	19	absent	absent	ADJ
cblr-1693	679	20	.	.	PUNCT
cblr-1693	680	1	while	while	SCONJ
cblr-1693	680	2	the	the	DET
cblr-1693	680	3	margin	margin	NOUN
cblr-1693	680	4	requirements	requirement	NOUN
cblr-1693	680	5	for	for	ADP
cblr-1693	680	6	uncleared	uncleared	ADJ
cblr-1693	680	7	securitybased	securitybase	VERB
cblr-1693	680	8	swaps	swap	NOUN
cblr-1693	680	9	may	may	AUX
cblr-1693	680	10	help	help	VERB
cblr-1693	680	11	fill	fill	VERB
cblr-1693	680	12	this	this	DET
cblr-1693	680	13	void	void	NOUN
cblr-1693	680	14	,	,	PUNCT
cblr-1693	680	15	isda	isda	PROPN
cblr-1693	680	16	finds	find	VERB
cblr-1693	680	17	this	this	DET
cblr-1693	680	18	unlikely.168	unlikely.168	NOUN
cblr-1693	680	19	the	the	DET
cblr-1693	680	20	report	report	NOUN
cblr-1693	680	21	notes	note	VERB
cblr-1693	680	22	that	that	SCONJ
cblr-1693	680	23	margin	margin	NOUN
cblr-1693	680	24	requirements	requirement	NOUN
cblr-1693	680	25	“	"	PUNCT
cblr-1693	680	26	which	which	PRON
cblr-1693	680	27	are	be	AUX
cblr-1693	680	28	intended	intend	VERB
cblr-1693	680	29	to	to	PART
cblr-1693	680	30	incentivize	incentivize	VERB
cblr-1693	680	31	central	central	ADJ
cblr-1693	680	32	clearing	clearing	NOUN
cblr-1693	680	33	will	will	AUX
cblr-1693	680	34	not	not	PART
cblr-1693	680	35	achieve	achieve	VERB
cblr-1693	680	36	the	the	DET
cblr-1693	680	37	objective	objective	NOUN
cblr-1693	680	38	.	.	PUNCT
cblr-1693	680	39	.	.	PUNCT
cblr-1693	680	40	.	.	PUNCT
cblr-1693	681	1	but	but	CCONJ
cblr-1693	681	2	will	will	AUX
cblr-1693	681	3	simply	simply	ADV
cblr-1693	681	4	dissuade	dissuade	VERB
cblr-1693	681	5	derivatives	derivative	NOUN
cblr-1693	681	6	users	user	NOUN
cblr-1693	681	7	from	from	ADP
cblr-1693	681	8	engaging	engage	VERB
cblr-1693	681	9	in	in	ADP
cblr-1693	681	10	otherwise	otherwise	ADV
cblr-1693	681	11	economically	economically	ADV
cblr-1693	681	12	useful	useful	ADJ
cblr-1693	681	13	investment	investment	NOUN
cblr-1693	681	14	or	or	CCONJ
cblr-1693	681	15	risk	risk	NOUN
cblr-1693	681	16	-	-	PUNCT
cblr-1693	681	17	hedging	hedge	VERB
cblr-1693	681	18	activity	activity	NOUN
cblr-1693	681	19	.	.	PUNCT
cblr-1693	681	20	”169	”169	PUNCT
cblr-1693	682	1	without	without	ADP
cblr-1693	682	2	additional	additional	ADJ
cblr-1693	682	3	incentives	incentive	NOUN
cblr-1693	682	4	,	,	PUNCT
cblr-1693	682	5	the	the	DET
cblr-1693	682	6	increased	increase	VERB
cblr-1693	682	7	cost	cost	NOUN
cblr-1693	682	8	of	of	ADP
cblr-1693	682	9	trading	trade	VERB
cblr-1693	682	10	uncleared	uncleared	ADJ
cblr-1693	682	11	products	product	NOUN
cblr-1693	682	12	alone	alone	ADV
cblr-1693	682	13	is	be	AUX
cblr-1693	682	14	not	not	PART
cblr-1693	682	15	enough	enough	ADJ
cblr-1693	682	16	to	to	PART
cblr-1693	682	17	counteract	counteract	VERB
cblr-1693	682	18	the	the	DET
cblr-1693	682	19	significant	significant	ADJ
cblr-1693	682	20	market	market	NOUN
cblr-1693	682	21	tendency	tendency	NOUN
cblr-1693	682	22	against	against	ADP
cblr-1693	682	23	central	central	ADJ
cblr-1693	682	24	clearing	clearing	NOUN
cblr-1693	682	25	of	of	ADP
cblr-1693	682	26	security	security	NOUN
cblr-1693	682	27	-	-	PUNCT
cblr-1693	682	28	based	base	VERB
cblr-1693	682	29	swaps	swap	NOUN
cblr-1693	682	30	.	.	PUNCT
cblr-1693	683	1	between	between	ADP
cblr-1693	683	2	the	the	DET
cblr-1693	683	3	current	current	ADJ
cblr-1693	683	4	uncleared	uncleared	ADJ
cblr-1693	683	5	nature	nature	NOUN
cblr-1693	683	6	of	of	ADP
cblr-1693	683	7	many	many	ADJ
cblr-1693	683	8	securitybased	securitybased	ADJ
cblr-1693	683	9	swaps	swap	NOUN
cblr-1693	683	10	,	,	PUNCT
cblr-1693	683	11	the	the	DET
cblr-1693	683	12	lack	lack	NOUN
cblr-1693	683	13	of	of	ADP
cblr-1693	683	14	market	market	NOUN
cblr-1693	683	15	interest	interest	NOUN
cblr-1693	683	16	in	in	ADP
cblr-1693	683	17	voluntary	voluntary	ADJ
cblr-1693	683	18	clearing	clearing	NOUN
cblr-1693	683	19	,	,	PUNCT
cblr-1693	683	20	and	and	CCONJ
cblr-1693	683	21	the	the	DET
cblr-1693	683	22	absence	absence	NOUN
cblr-1693	683	23	of	of	ADP
cblr-1693	683	24	regulatory	regulatory	ADJ
cblr-1693	683	25	incentives	incentive	NOUN
cblr-1693	683	26	pushing	push	VERB
cblr-1693	683	27	industry	industry	NOUN
cblr-1693	683	28	members	member	NOUN
cblr-1693	683	29	to	to	PART
cblr-1693	683	30	pursue	pursue	VERB
cblr-1693	683	31	voluntary	voluntary	ADJ
cblr-1693	683	32	clearing	clearing	NOUN
cblr-1693	683	33	moving	move	VERB
cblr-1693	683	34	forward	forward	ADV
cblr-1693	683	35	,	,	PUNCT
cblr-1693	683	36	it	it	PRON
cblr-1693	683	37	is	be	AUX
cblr-1693	683	38	difficult	difficult	ADJ
cblr-1693	683	39	to	to	PART
cblr-1693	683	40	see	see	VERB
cblr-1693	683	41	how	how	SCONJ
cblr-1693	683	42	the	the	DET
cblr-1693	683	43	sec	sec	PROPN
cblr-1693	683	44	’s	’s	PART
cblr-1693	683	45	submission	submission	NOUN
cblr-1693	683	46	-	-	PUNCT
cblr-1693	683	47	only	only	ADJ
cblr-1693	683	48	process	process	NOUN
cblr-1693	683	49	will	will	AUX
cblr-1693	683	50	succeed	succeed	VERB
cblr-1693	683	51	.	.	PUNCT
cblr-1693	684	1	unless	unless	SCONJ
cblr-1693	684	2	the	the	DET
cblr-1693	684	3	sec	sec	PROPN
cblr-1693	684	4	adjusts	adjust	VERB
cblr-1693	684	5	its	its	PRON
cblr-1693	684	6	approach	approach	NOUN
cblr-1693	684	7	,	,	PUNCT
cblr-1693	684	8	many	many	ADJ
cblr-1693	684	9	of	of	ADP
cblr-1693	684	10	the	the	DET
cblr-1693	684	11	products	product	NOUN
cblr-1693	684	12	under	under	ADP
cblr-1693	684	13	its	its	PRON
cblr-1693	684	14	jurisdiction	jurisdiction	NOUN
cblr-1693	684	15	will	will	AUX
cblr-1693	684	16	escape	escape	VERB
cblr-1693	684	17	review	review	NOUN
cblr-1693	684	18	and	and	CCONJ
cblr-1693	684	19	https://www.isda.org//2015/12/16/25-investment-management-firmscommit-to-single-name-cds-clearing	https://www.isda.org//2015/12/16/25-investment-management-firmscommit-to-single-name-cds-clearing	PROPN
cblr-1693	684	20	[	[	X
cblr-1693	684	21	perma.cc/du9w-vcu9	perma.cc/du9w-vcu9	NOUN
cblr-1693	684	22	]	]	X
cblr-1693	684	23	.	.	PUNCT
cblr-1693	685	1	166	166	NUM
cblr-1693	685	2	see	see	VERB
cblr-1693	685	3	supra	supra	PROPN
cblr-1693	685	4	section	section	PROPN
cblr-1693	685	5	iii.b.3	iii.b.3	PROPN
cblr-1693	685	6	.	.	PROPN
cblr-1693	685	7	167	167	NUM
cblr-1693	685	8	as	as	SCONJ
cblr-1693	685	9	private	private	ADJ
cblr-1693	685	10	firms	firm	NOUN
cblr-1693	685	11	would	would	AUX
cblr-1693	685	12	need	need	VERB
cblr-1693	685	13	to	to	PART
cblr-1693	685	14	expend	expend	VERB
cblr-1693	685	15	their	their	PRON
cblr-1693	685	16	own	own	ADJ
cblr-1693	685	17	resources	resource	NOUN
cblr-1693	685	18	developing	develop	VERB
cblr-1693	685	19	a	a	DET
cblr-1693	685	20	fix	fix	NOUN
cblr-1693	685	21	that	that	PRON
cblr-1693	685	22	would	would	AUX
cblr-1693	685	23	then	then	ADV
cblr-1693	685	24	be	be	AUX
cblr-1693	685	25	used	use	VERB
cblr-1693	685	26	by	by	ADP
cblr-1693	685	27	(	(	PUNCT
cblr-1693	685	28	and	and	CCONJ
cblr-1693	685	29	,	,	PUNCT
cblr-1693	685	30	through	through	ADP
cblr-1693	685	31	regulation	regulation	NOUN
cblr-1693	685	32	,	,	PUNCT
cblr-1693	685	33	required	require	VERB
cblr-1693	685	34	of	of	ADP
cblr-1693	685	35	)	)	PUNCT
cblr-1693	685	36	the	the	DET
cblr-1693	685	37	rest	rest	NOUN
cblr-1693	685	38	of	of	ADP
cblr-1693	685	39	the	the	DET
cblr-1693	685	40	industry	industry	NOUN
cblr-1693	685	41	,	,	PUNCT
cblr-1693	685	42	it	it	PRON
cblr-1693	685	43	would	would	AUX
cblr-1693	685	44	be	be	AUX
cblr-1693	685	45	a	a	DET
cblr-1693	685	46	poor	poor	ADJ
cblr-1693	685	47	business	business	NOUN
cblr-1693	685	48	decision	decision	NOUN
cblr-1693	685	49	to	to	PART
cblr-1693	685	50	voluntarily	voluntarily	ADV
cblr-1693	685	51	pursue	pursue	VERB
cblr-1693	685	52	standardization	standardization	NOUN
cblr-1693	685	53	without	without	ADP
cblr-1693	685	54	any	any	DET
cblr-1693	685	55	cost	cost	NOUN
cblr-1693	685	56	-	-	PUNCT
cblr-1693	685	57	sharing	sharing	NOUN
cblr-1693	685	58	mechanism	mechanism	NOUN
cblr-1693	685	59	.	.	PUNCT
cblr-1693	686	1	168	168	NUM
cblr-1693	686	2	see	see	VERB
cblr-1693	686	3	isda	isda	PROPN
cblr-1693	686	4	report	report	PROPN
cblr-1693	686	5	,	,	PUNCT
cblr-1693	686	6	supra	supra	PROPN
cblr-1693	686	7	note	note	NOUN
cblr-1693	686	8	153	153	NUM
cblr-1693	686	9	,	,	PUNCT
cblr-1693	686	10	at	at	ADP
cblr-1693	686	11	16	16	NUM
cblr-1693	686	12	.	.	PUNCT
cblr-1693	686	13	169	169	NUM
cblr-1693	687	1	i	i	PRON
cblr-1693	687	2	d.	d.	PROPN
cblr-1693	687	3	292	292	NUM
cblr-1693	687	4	columbia	columbia	PROPN
cblr-1693	687	5	business	business	NOUN
cblr-1693	687	6	law	law	PROPN
cblr-1693	687	7	review	review	NOUN
cblr-1693	687	8	[	[	X
cblr-1693	687	9	vol	vol	NOUN
cblr-1693	687	10	.	.	NOUN
cblr-1693	687	11	2019	2019	NUM
cblr-1693	687	12	mandatory	mandatory	ADJ
cblr-1693	687	13	central	central	ADJ
cblr-1693	687	14	clearing	clearing	NOUN
cblr-1693	687	15	.	.	PUNCT
cblr-1693	688	1	although	although	SCONJ
cblr-1693	688	2	the	the	DET
cblr-1693	688	3	cftc	cftc	PROPN
cblr-1693	688	4	’s	’s	PART
cblr-1693	688	5	submissions	submission	NOUN
cblr-1693	688	6	-	-	PUNCT
cblr-1693	688	7	only	only	ADJ
cblr-1693	688	8	approach	approach	NOUN
cblr-1693	688	9	has	have	AUX
cblr-1693	688	10	been	be	AUX
cblr-1693	688	11	successful	successful	ADJ
cblr-1693	688	12	in	in	ADP
cblr-1693	688	13	the	the	DET
cblr-1693	688	14	swaps	swap	NOUN
cblr-1693	688	15	market	market	NOUN
cblr-1693	688	16	,	,	PUNCT
cblr-1693	688	17	the	the	DET
cblr-1693	688	18	sec	sec	PROPN
cblr-1693	688	19	must	must	AUX
cblr-1693	688	20	take	take	VERB
cblr-1693	688	21	a	a	DET
cblr-1693	688	22	unique	unique	ADJ
cblr-1693	688	23	approach	approach	NOUN
cblr-1693	688	24	to	to	PART
cblr-1693	688	25	cover	cover	VERB
cblr-1693	688	26	the	the	DET
cblr-1693	688	27	specific	specific	ADJ
cblr-1693	688	28	market	market	NOUN
cblr-1693	688	29	under	under	ADP
cblr-1693	688	30	its	its	PRON
cblr-1693	688	31	control	control	NOUN
cblr-1693	688	32	.	.	PUNCT
cblr-1693	689	1	c.	c.	PROPN
cblr-1693	689	2	mandatory	mandatory	ADJ
cblr-1693	689	3	central	central	ADJ
cblr-1693	689	4	clearing	clearing	NOUN
cblr-1693	689	5	:	:	PUNCT
cblr-1693	689	6	the	the	DET
cblr-1693	689	7	sec	sec	PROPN
cblr-1693	689	8	’s	’s	PART
cblr-1693	689	9	obligation	obligation	NOUN
cblr-1693	689	10	to	to	PART
cblr-1693	689	11	implement	implement	VERB
cblr-1693	689	12	congress	congress	PROPN
cblr-1693	689	13	’	'	PUNCT
cblr-1693	689	14	intent	intent	NOUN
cblr-1693	689	15	considering	consider	VERB
cblr-1693	689	16	the	the	DET
cblr-1693	689	17	legislative	legislative	ADJ
cblr-1693	689	18	intent	intent	NOUN
cblr-1693	689	19	discussed	discuss	VERB
cblr-1693	689	20	in	in	ADP
cblr-1693	689	21	subsection	subsection	NOUN
cblr-1693	689	22	ii.b.1	ii.b.1	PROPN
cblr-1693	689	23	,	,	PUNCT
cblr-1693	689	24	the	the	DET
cblr-1693	689	25	sec	sec	PROPN
cblr-1693	689	26	’s	’s	PART
cblr-1693	689	27	approach	approach	NOUN
cblr-1693	689	28	clearly	clearly	ADV
cblr-1693	689	29	undermines	undermine	VERB
cblr-1693	689	30	title	title	NOUN
cblr-1693	689	31	vii	vii	PROPN
cblr-1693	689	32	’s	’s	PART
cblr-1693	689	33	purposes.170	purposes.170	PROPN
cblr-1693	689	34	congress	congress	PROPN
cblr-1693	689	35	intended	intend	VERB
cblr-1693	689	36	dodd	dodd	PROPN
cblr-1693	689	37	-	-	PUNCT
cblr-1693	689	38	frank	frank	PROPN
cblr-1693	689	39	to	to	PART
cblr-1693	689	40	mitigate	mitigate	VERB
cblr-1693	689	41	the	the	DET
cblr-1693	689	42	systemic	systemic	ADJ
cblr-1693	689	43	risk	risk	NOUN
cblr-1693	689	44	of	of	ADP
cblr-1693	689	45	the	the	DET
cblr-1693	689	46	otc	otc	PROPN
cblr-1693	689	47	derivatives	derivative	NOUN
cblr-1693	689	48	market	market	NOUN
cblr-1693	689	49	with	with	ADP
cblr-1693	689	50	close	close	ADJ
cblr-1693	689	51	,	,	PUNCT
cblr-1693	689	52	ongoing	ongoing	ADJ
cblr-1693	689	53	review	review	NOUN
cblr-1693	689	54	of	of	ADP
cblr-1693	689	55	the	the	DET
cblr-1693	689	56	market	market	NOUN
cblr-1693	689	57	and	and	CCONJ
cblr-1693	689	58	widespread	widespread	ADJ
cblr-1693	689	59	central	central	ADJ
cblr-1693	689	60	clearing	clearing	NOUN
cblr-1693	689	61	implemented	implement	VERB
cblr-1693	689	62	pursuant	pursuant	ADV
cblr-1693	689	63	to	to	ADP
cblr-1693	689	64	such	such	ADJ
cblr-1693	689	65	review.171	review.171	NOUN
cblr-1693	689	66	by	by	ADP
cblr-1693	689	67	excluding	exclude	VERB
cblr-1693	689	68	active	active	ADJ
cblr-1693	689	69	top	top	ADJ
cblr-1693	689	70	-	-	PUNCT
cblr-1693	689	71	down	down	ADP
cblr-1693	689	72	review	review	NOUN
cblr-1693	689	73	,	,	PUNCT
cblr-1693	689	74	the	the	DET
cblr-1693	689	75	sec	sec	PROPN
cblr-1693	689	76	impeded	impede	VERB
cblr-1693	689	77	its	its	PRON
cblr-1693	689	78	own	own	ADJ
cblr-1693	689	79	ability	ability	NOUN
cblr-1693	689	80	to	to	PART
cblr-1693	689	81	review	review	VERB
cblr-1693	689	82	a	a	DET
cblr-1693	689	83	significant	significant	ADJ
cblr-1693	689	84	portion	portion	NOUN
cblr-1693	689	85	of	of	ADP
cblr-1693	689	86	the	the	DET
cblr-1693	689	87	market	market	NOUN
cblr-1693	689	88	it	it	PRON
cblr-1693	689	89	was	be	AUX
cblr-1693	689	90	meant	mean	VERB
cblr-1693	689	91	to	to	PART
cblr-1693	689	92	regulate	regulate	VERB
cblr-1693	689	93	.	.	PUNCT
cblr-1693	690	1	more	more	ADV
cblr-1693	690	2	dangerously	dangerously	ADV
cblr-1693	690	3	,	,	PUNCT
cblr-1693	690	4	the	the	DET
cblr-1693	690	5	sec	sec	PROPN
cblr-1693	690	6	has	have	AUX
cblr-1693	690	7	abdicated	abdicate	VERB
cblr-1693	690	8	its	its	PRON
cblr-1693	690	9	responsibility	responsibility	NOUN
cblr-1693	690	10	to	to	PART
cblr-1693	690	11	make	make	VERB
cblr-1693	690	12	central	central	ADJ
cblr-1693	690	13	clearing	clearing	NOUN
cblr-1693	690	14	determinations	determination	NOUN
cblr-1693	690	15	,	,	PUNCT
cblr-1693	690	16	only	only	ADV
cblr-1693	690	17	becoming	becoming	AUX
cblr-1693	690	18	involved	involve	VERB
cblr-1693	690	19	when	when	SCONJ
cblr-1693	690	20	market	market	NOUN
cblr-1693	690	21	participants	participant	NOUN
cblr-1693	690	22	initiate	initiate	VERB
cblr-1693	690	23	the	the	DET
cblr-1693	690	24	process	process	NOUN
cblr-1693	690	25	with	with	ADP
cblr-1693	690	26	voluntary	voluntary	ADJ
cblr-1693	690	27	clearing	clearing	NOUN
cblr-1693	690	28	.	.	PUNCT
cblr-1693	691	1	by	by	ADP
cblr-1693	691	2	allowing	allow	VERB
cblr-1693	691	3	financial	financial	ADJ
cblr-1693	691	4	institutions	institution	NOUN
cblr-1693	691	5	to	to	PART
cblr-1693	691	6	determine	determine	VERB
cblr-1693	691	7	whether	whether	SCONJ
cblr-1693	691	8	mandatory	mandatory	ADJ
cblr-1693	691	9	central	central	ADJ
cblr-1693	691	10	clearing	clearing	NOUN
cblr-1693	691	11	of	of	ADP
cblr-1693	691	12	security	security	NOUN
cblr-1693	691	13	-	-	PUNCT
cblr-1693	691	14	based	base	VERB
cblr-1693	691	15	swaps	swap	NOUN
cblr-1693	691	16	occurs	occur	VERB
cblr-1693	691	17	,	,	PUNCT
cblr-1693	691	18	the	the	DET
cblr-1693	691	19	sec	sec	PROPN
cblr-1693	691	20	has	have	AUX
cblr-1693	691	21	undermined	undermine	VERB
cblr-1693	691	22	a	a	DET
cblr-1693	691	23	core	core	NOUN
cblr-1693	691	24	provision	provision	NOUN
cblr-1693	691	25	of	of	ADP
cblr-1693	691	26	doddfrank	doddfrank	NOUN
cblr-1693	691	27	’s	’s	PART
cblr-1693	691	28	regulatory	regulatory	ADJ
cblr-1693	691	29	scheme	scheme	NOUN
cblr-1693	691	30	.	.	PUNCT
cblr-1693	692	1	some	some	DET
cblr-1693	692	2	dodd	dodd	PROPN
cblr-1693	692	3	-	-	PUNCT
cblr-1693	692	4	frank	frank	PROPN
cblr-1693	692	5	critics	critic	NOUN
cblr-1693	692	6	may	may	AUX
cblr-1693	692	7	see	see	VERB
cblr-1693	692	8	the	the	DET
cblr-1693	692	9	sec	sec	PROPN
cblr-1693	692	10	’s	’s	PART
cblr-1693	692	11	lack	lack	NOUN
cblr-1693	692	12	of	of	ADP
cblr-1693	692	13	effective	effective	ADJ
cblr-1693	692	14	central	central	ADJ
cblr-1693	692	15	clearing	clearing	NOUN
cblr-1693	692	16	as	as	ADP
cblr-1693	692	17	a	a	DET
cblr-1693	692	18	positive	positive	ADJ
cblr-1693	692	19	development	development	NOUN
cblr-1693	692	20	.	.	PUNCT
cblr-1693	693	1	once	once	SCONJ
cblr-1693	693	2	global	global	ADJ
cblr-1693	693	3	regulatory	regulatory	ADJ
cblr-1693	693	4	discussions	discussion	NOUN
cblr-1693	693	5	began	begin	VERB
cblr-1693	693	6	focusing	focus	VERB
cblr-1693	693	7	on	on	ADP
cblr-1693	693	8	mandatory	mandatory	ADJ
cblr-1693	693	9	central	central	ADJ
cblr-1693	693	10	clearing	clearing	NOUN
cblr-1693	693	11	as	as	ADP
cblr-1693	693	12	a	a	DET
cblr-1693	693	13	potential	potential	ADJ
cblr-1693	693	14	response	response	NOUN
cblr-1693	693	15	to	to	ADP
cblr-1693	693	16	the	the	DET
cblr-1693	693	17	financial	financial	ADJ
cblr-1693	693	18	crisis	crisis	NOUN
cblr-1693	693	19	,	,	PUNCT
cblr-1693	693	20	many	many	ADJ
cblr-1693	693	21	academics	academic	NOUN
cblr-1693	693	22	took	take	VERB
cblr-1693	693	23	aim	aim	NOUN
cblr-1693	693	24	at	at	ADP
cblr-1693	693	25	the	the	DET
cblr-1693	693	26	concept	concept	NOUN
cblr-1693	693	27	’s	’s	PART
cblr-1693	693	28	effectiveness	effectiveness	NOUN
cblr-1693	693	29	as	as	ADP
cblr-1693	693	30	a	a	DET
cblr-1693	693	31	risk	risk	NOUN
cblr-1693	693	32	-	-	PUNCT
cblr-1693	693	33	mitigation	mitigation	NOUN
cblr-1693	693	34	device.172	device.172	NOUN
cblr-1693	693	35	such	such	ADJ
cblr-1693	693	36	concerns	concern	NOUN
cblr-1693	693	37	were	be	AUX
cblr-1693	693	38	significant	significant	ADJ
cblr-1693	693	39	170	170	NUM
cblr-1693	693	40	see	see	NOUN
cblr-1693	693	41	infra	infra	NOUN
cblr-1693	693	42	notes	note	VERB
cblr-1693	693	43	57–60	57–60	NUM
cblr-1693	693	44	and	and	CCONJ
cblr-1693	693	45	accompanying	accompany	VERB
cblr-1693	693	46	text	text	NOUN
cblr-1693	693	47	.	.	PUNCT
cblr-1693	694	1	171	171	NUM
cblr-1693	694	2	see	see	VERB
cblr-1693	694	3	supra	supra	PROPN
cblr-1693	694	4	section	section	NOUN
cblr-1693	694	5	ii.c.1	ii.c.1	NOUN
cblr-1693	694	6	.	.	PUNCT
cblr-1693	695	1	172	172	NUM
cblr-1693	695	2	see	see	VERB
cblr-1693	695	3	,	,	PUNCT
cblr-1693	695	4	e.g.	e.g.	ADV
cblr-1693	695	5	,	,	PUNCT
cblr-1693	695	6	sean	sean	PROPN
cblr-1693	695	7	j.	j.	PROPN
cblr-1693	695	8	griffith	griffith	PROPN
cblr-1693	695	9	,	,	PUNCT
cblr-1693	695	10	substituted	substitute	VERB
cblr-1693	695	11	compliance	compliance	NOUN
cblr-1693	695	12	and	and	CCONJ
cblr-1693	695	13	systemic	systemic	ADJ
cblr-1693	695	14	risk	risk	NOUN
cblr-1693	695	15	:	:	PUNCT
cblr-1693	695	16	how	how	SCONJ
cblr-1693	695	17	to	to	PART
cblr-1693	695	18	make	make	VERB
cblr-1693	695	19	a	a	DET
cblr-1693	695	20	global	global	ADJ
cblr-1693	695	21	market	market	NOUN
cblr-1693	695	22	in	in	ADP
cblr-1693	695	23	derivatives	derivative	NOUN
cblr-1693	695	24	regulation	regulation	NOUN
cblr-1693	695	25	,	,	PUNCT
cblr-1693	695	26	98	98	NUM
cblr-1693	695	27	minn	minn	NOUN
cblr-1693	695	28	.	.	PUNCT
cblr-1693	696	1	l.	l.	PROPN
cblr-1693	696	2	rev	rev	PROPN
cblr-1693	696	3	.	.	PROPN
cblr-1693	696	4	1291	1291	NUM
cblr-1693	696	5	,	,	PUNCT
cblr-1693	696	6	1294	1294	NUM
cblr-1693	696	7	(	(	PUNCT
cblr-1693	696	8	2014	2014	NUM
cblr-1693	696	9	)	)	PUNCT
cblr-1693	696	10	(	(	PUNCT
cblr-1693	696	11	“	"	PUNCT
cblr-1693	696	12	[	[	X
cblr-1693	696	13	r]ecent	r]ecent	NOUN
cblr-1693	696	14	scholarship	scholarship	NOUN
cblr-1693	696	15	shows	show	VERB
cblr-1693	696	16	that	that	SCONJ
cblr-1693	696	17	mandatory	mandatory	ADJ
cblr-1693	696	18	clearing	clearing	NOUN
cblr-1693	696	19	is	be	AUX
cblr-1693	696	20	no	no	DET
cblr-1693	696	21	panacea	panacea	NOUN
cblr-1693	696	22	for	for	ADP
cblr-1693	696	23	systemic	systemic	ADJ
cblr-1693	696	24	risk	risk	NOUN
cblr-1693	696	25	,	,	PUNCT
cblr-1693	696	26	and	and	CCONJ
cblr-1693	696	27	once	once	SCONJ
cblr-1693	696	28	it	it	PRON
cblr-1693	696	29	is	be	AUX
cblr-1693	696	30	imposed	impose	VERB
cblr-1693	696	31	on	on	ADP
cblr-1693	696	32	a	a	DET
cblr-1693	696	33	globally	globally	ADV
cblr-1693	696	34	uniform	uniform	ADJ
cblr-1693	696	35	basis	basis	NOUN
cblr-1693	696	36	,	,	PUNCT
cblr-1693	696	37	its	its	PRON
cblr-1693	696	38	flaws	flaw	NOUN
cblr-1693	696	39	will	will	AUX
cblr-1693	696	40	be	be	AUX
cblr-1693	696	41	unchecked	unchecked	ADJ
cblr-1693	696	42	,	,	PUNCT
cblr-1693	696	43	rendering	render	VERB
cblr-1693	696	44	the	the	DET
cblr-1693	696	45	global	global	ADJ
cblr-1693	696	46	financial	financial	ADJ
cblr-1693	696	47	system	system	NOUN
cblr-1693	696	48	uniformly	uniformly	ADV
cblr-1693	696	49	vulnerable	vulnerable	ADJ
cblr-1693	696	50	.	.	PUNCT
cblr-1693	696	51	)	)	PUNCT
cblr-1693	696	52	;	;	PUNCT
cblr-1693	697	1	yuliya	yuliya	NOUN
cblr-1693	697	2	guseva	guseva	PROPN
cblr-1693	697	3	,	,	PUNCT
cblr-1693	697	4	destructive	destructive	ADJ
cblr-1693	697	5	collectivism	collectivism	NOUN
cblr-1693	697	6	:	:	PUNCT
cblr-1693	697	7	dodd	dodd	PROPN
cblr-1693	697	8	-	-	PUNCT
cblr-1693	697	9	frank	frank	PROPN
cblr-1693	697	10	coordination	coordination	NOUN
cblr-1693	697	11	and	and	CCONJ
cblr-1693	697	12	clearinghouses	clearinghouse	NOUN
cblr-1693	697	13	,	,	PUNCT
cblr-1693	697	14	37	37	NUM
cblr-1693	697	15	cardozo	cardozo	PROPN
cblr-1693	697	16	l.	l.	PROPN
cblr-1693	697	17	rev	rev	PROPN
cblr-1693	697	18	.	.	PROPN
cblr-1693	697	19	1693	1693	NUM
cblr-1693	697	20	,	,	PUNCT
cblr-1693	697	21	1715	1715	NUM
cblr-1693	697	22	(	(	PUNCT
cblr-1693	697	23	2016	2016	NUM
cblr-1693	697	24	)	)	PUNCT
cblr-1693	697	25	(	(	PUNCT
cblr-1693	697	26	“	"	PUNCT
cblr-1693	697	27	[	[	X
cblr-1693	697	28	t]he	t]he	ADV
cblr-1693	697	29	centralized	centralized	ADJ
cblr-1693	697	30	clearing	clearing	NOUN
cblr-1693	697	31	of	of	ADP
cblr-1693	697	32	otc	otc	PROPN
cblr-1693	697	33	derivatives	derivative	NOUN
cblr-1693	697	34	.	.	PUNCT
cblr-1693	697	35	.	.	PUNCT
cblr-1693	697	36	.	.	PUNCT
cblr-1693	698	1	may	may	AUX
cblr-1693	698	2	be	be	AUX
cblr-1693	698	3	unduly	unduly	ADV
cblr-1693	698	4	overrated	overrated	ADJ
cblr-1693	698	5	.	.	PUNCT
cblr-1693	698	6	”	"	PUNCT
cblr-1693	698	7	)	)	PUNCT
cblr-1693	698	8	;	;	PUNCT
cblr-1693	699	1	hester	hester	PROPN
cblr-1693	699	2	peirce	peirce	NOUN
cblr-1693	699	3	,	,	PUNCT
cblr-1693	699	4	derivatives	derivative	NOUN
cblr-1693	699	5	clearinghouses	clearinghouse	NOUN
cblr-1693	699	6	:	:	PUNCT
cblr-1693	699	7	clearing	clear	VERB
cblr-1693	699	8	the	the	DET
cblr-1693	699	9	no	no	NOUN
cblr-1693	699	10	.	.	PUNCT
cblr-1693	700	1	1:252	1:252	NUM
cblr-1693	700	2	]	]	X
cblr-1693	700	3	to	to	PART
cblr-1693	700	4	clear	clear	ADJ
cblr-1693	700	5	or	or	CCONJ
cblr-1693	700	6	not	not	PART
cblr-1693	700	7	to	to	PART
cblr-1693	700	8	clear	clear	VERB
cblr-1693	700	9	293	293	NUM
cblr-1693	700	10	enough	enough	ADV
cblr-1693	700	11	for	for	SCONJ
cblr-1693	700	12	the	the	DET
cblr-1693	700	13	sec	sec	PROPN
cblr-1693	700	14	to	to	PART
cblr-1693	700	15	note	note	VERB
cblr-1693	700	16	them	they	PRON
cblr-1693	700	17	in	in	ADP
cblr-1693	700	18	the	the	DET
cblr-1693	700	19	sec	sec	PROPN
cblr-1693	700	20	process	process	NOUN
cblr-1693	700	21	rule.173	rule.173	NOUN
cblr-1693	700	22	scholar	scholar	NOUN
cblr-1693	700	23	and	and	CCONJ
cblr-1693	700	24	now	now	ADV
cblr-1693	700	25	-	-	PUNCT
cblr-1693	700	26	sec	sec	PROPN
cblr-1693	700	27	commissioner	commissioner	NOUN
cblr-1693	700	28	hester	hester	PROPN
cblr-1693	700	29	peirce	peirce	PROPN
cblr-1693	700	30	effectively	effectively	ADV
cblr-1693	700	31	summarized	summarize	VERB
cblr-1693	700	32	critics	critic	NOUN
cblr-1693	700	33	’	’	PART
cblr-1693	700	34	most	most	ADV
cblr-1693	700	35	prominent	prominent	ADJ
cblr-1693	700	36	concern	concern	NOUN
cblr-1693	700	37	,	,	PUNCT
cblr-1693	700	38	that	that	SCONJ
cblr-1693	700	39	central	central	ADJ
cblr-1693	700	40	clearing	clearing	NOUN
cblr-1693	700	41	parties	party	NOUN
cblr-1693	700	42	have	have	AUX
cblr-1693	700	43	become	become	VERB
cblr-1693	700	44	“	"	PUNCT
cblr-1693	700	45	dodd	dodd	PROPN
cblr-1693	700	46	-	-	PUNCT
cblr-1693	700	47	frank	frank	PROPN
cblr-1693	700	48	’s	’s	PART
cblr-1693	700	49	addition	addition	NOUN
cblr-1693	700	50	to	to	ADP
cblr-1693	700	51	the	the	DET
cblr-1693	700	52	too	too	ADV
cblr-1693	700	53	-	-	PUNCT
cblr-1693	700	54	big	big	ADJ
cblr-1693	700	55	-	-	PUNCT
cblr-1693	700	56	to	to	ADP
cblr-1693	700	57	-	-	PUNCT
cblr-1693	700	58	fail	fail	VERB
cblr-1693	700	59	ranks[,]”174	ranks[,]”174	ADV
cblr-1693	700	60	with	with	ADP
cblr-1693	700	61	the	the	DET
cblr-1693	700	62	risk	risk	NOUN
cblr-1693	700	63	that	that	SCONJ
cblr-1693	700	64	“	"	PUNCT
cblr-1693	700	65	a	a	DET
cblr-1693	700	66	shuttered	shuttered	ADJ
cblr-1693	700	67	[	[	X
cblr-1693	700	68	central	central	ADJ
cblr-1693	700	69	clearing	clearing	NOUN
cblr-1693	700	70	party	party	NOUN
cblr-1693	700	71	]	]	PUNCT
cblr-1693	700	72	could	could	AUX
cblr-1693	700	73	devastate	devastate	VERB
cblr-1693	700	74	markets[.]”175	markets[.]”175	PROPN
cblr-1693	700	75	with	with	ADP
cblr-1693	700	76	such	such	ADJ
cblr-1693	700	77	catastrophic	catastrophic	ADJ
cblr-1693	700	78	potential	potential	ADJ
cblr-1693	700	79	effects	effect	NOUN
cblr-1693	700	80	,	,	PUNCT
cblr-1693	700	81	these	these	DET
cblr-1693	700	82	critics	critic	NOUN
cblr-1693	700	83	surely	surely	ADV
cblr-1693	700	84	find	find	VERB
cblr-1693	700	85	the	the	DET
cblr-1693	700	86	sec	sec	PROPN
cblr-1693	700	87	’s	’s	PART
cblr-1693	700	88	approach	approach	NOUN
cblr-1693	700	89	—	—	PUNCT
cblr-1693	700	90	which	which	PRON
cblr-1693	700	91	limits	limit	VERB
cblr-1693	700	92	both	both	CCONJ
cblr-1693	700	93	the	the	DET
cblr-1693	700	94	coverage	coverage	NOUN
cblr-1693	700	95	of	of	ADP
cblr-1693	700	96	the	the	DET
cblr-1693	700	97	central	central	ADJ
cblr-1693	700	98	clearing	clearing	NOUN
cblr-1693	700	99	mandate	mandate	NOUN
cblr-1693	700	100	and	and	CCONJ
cblr-1693	700	101	the	the	DET
cblr-1693	700	102	regulatory	regulatory	ADJ
cblr-1693	700	103	incentives	incentive	NOUN
cblr-1693	700	104	for	for	ADP
cblr-1693	700	105	private	private	ADJ
cblr-1693	700	106	parties	party	NOUN
cblr-1693	700	107	to	to	PART
cblr-1693	700	108	pursue	pursue	VERB
cblr-1693	700	109	voluntary	voluntary	ADJ
cblr-1693	700	110	clearing	clearing	NOUN
cblr-1693	700	111	—	—	PUNCT
cblr-1693	700	112	a	a	DET
cblr-1693	700	113	welcome	welcome	ADJ
cblr-1693	700	114	respite	respite	NOUN
cblr-1693	700	115	from	from	ADP
cblr-1693	700	116	regulation	regulation	NOUN
cblr-1693	700	117	.	.	PUNCT
cblr-1693	701	1	unfortunately	unfortunately	ADV
cblr-1693	701	2	for	for	ADP
cblr-1693	701	3	these	these	DET
cblr-1693	701	4	critics	critic	NOUN
cblr-1693	701	5	,	,	PUNCT
cblr-1693	701	6	the	the	DET
cblr-1693	701	7	policy	policy	NOUN
cblr-1693	701	8	debate	debate	NOUN
cblr-1693	701	9	ended	end	VERB
cblr-1693	701	10	in	in	ADP
cblr-1693	701	11	congress	congress	PROPN
cblr-1693	701	12	.	.	PUNCT
cblr-1693	702	1	dodd	dodd	PROPN
cblr-1693	702	2	-	-	PUNCT
cblr-1693	702	3	frank	frank	PROPN
cblr-1693	702	4	did	do	AUX
cblr-1693	702	5	not	not	PART
cblr-1693	702	6	ask	ask	VERB
cblr-1693	702	7	the	the	DET
cblr-1693	702	8	sec	sec	PROPN
cblr-1693	702	9	to	to	PART
cblr-1693	702	10	examine	examine	VERB
cblr-1693	702	11	the	the	DET
cblr-1693	702	12	way	way	NOUN
cblr-1693	702	13	to	to	ADP
cblr-1693	702	14	failure	failure	NOUN
cblr-1693	702	15	,	,	PUNCT
cblr-1693	702	16	64	64	NUM
cblr-1693	702	17	clev	clev	NOUN
cblr-1693	702	18	.	.	PUNCT
cblr-1693	703	1	st	st	PROPN
cblr-1693	703	2	.	.	PROPN
cblr-1693	703	3	l.	l.	PROPN
cblr-1693	703	4	rev	rev	PROPN
cblr-1693	703	5	.	.	PROPN
cblr-1693	703	6	589	589	NUM
cblr-1693	703	7	,	,	PUNCT
cblr-1693	703	8	589	589	NUM
cblr-1693	703	9	(	(	PUNCT
cblr-1693	703	10	2016	2016	NUM
cblr-1693	703	11	)	)	PUNCT
cblr-1693	703	12	(	(	PUNCT
cblr-1693	703	13	“	"	PUNCT
cblr-1693	703	14	risk	risk	NOUN
cblr-1693	703	15	management	management	NOUN
cblr-1693	703	16	by	by	ADP
cblr-1693	703	17	clearinghouses	clearinghouse	NOUN
cblr-1693	703	18	and	and	CCONJ
cblr-1693	703	19	market	market	NOUN
cblr-1693	703	20	participants	participant	NOUN
cblr-1693	703	21	could	could	AUX
cblr-1693	703	22	suffer	suffer	VERB
cblr-1693	703	23	,	,	PUNCT
cblr-1693	703	24	and	and	CCONJ
cblr-1693	703	25	improper	improper	ADJ
cblr-1693	703	26	risks	risk	NOUN
cblr-1693	703	27	could	could	AUX
cblr-1693	703	28	find	find	VERB
cblr-1693	703	29	their	their	PRON
cblr-1693	703	30	way	way	NOUN
cblr-1693	703	31	into	into	ADP
cblr-1693	703	32	clearinghouses	clearinghouse	NOUN
cblr-1693	703	33	.	.	PUNCT
cblr-1693	703	34	.	.	PUNCT
cblr-1693	703	35	.	.	PUNCT
cblr-1693	703	36	.	.	PUNCT
cblr-1693	704	1	dodd	dodd	PROPN
cblr-1693	704	2	-	-	PUNCT
cblr-1693	704	3	frank	frank	PROPN
cblr-1693	704	4	’s	’s	PART
cblr-1693	704	5	derivatives	derivative	NOUN
cblr-1693	704	6	framework	framework	NOUN
cblr-1693	704	7	should	should	AUX
cblr-1693	704	8	be	be	AUX
cblr-1693	704	9	reconsidered	reconsider	VERB
cblr-1693	704	10	before	before	SCONJ
cblr-1693	704	11	it	it	PRON
cblr-1693	704	12	destabilizes	destabilize	VERB
cblr-1693	704	13	the	the	DET
cblr-1693	704	14	financial	financial	ADJ
cblr-1693	704	15	system	system	NOUN
cblr-1693	704	16	.	.	PUNCT
cblr-1693	704	17	”	"	PUNCT
cblr-1693	704	18	)	)	PUNCT
cblr-1693	705	1	;	;	PUNCT
cblr-1693	705	2	mark	mark	PROPN
cblr-1693	705	3	j.	j.	PROPN
cblr-1693	705	4	roe	roe	PROPN
cblr-1693	705	5	,	,	PUNCT
cblr-1693	705	6	clearinghouse	clearinghouse	NOUN
cblr-1693	705	7	overconfidence	overconfidence	NOUN
cblr-1693	705	8	,	,	PUNCT
cblr-1693	705	9	101	101	NUM
cblr-1693	705	10	calif	calif	PROPN
cblr-1693	705	11	.	.	PUNCT
cblr-1693	706	1	l.	l.	PROPN
cblr-1693	706	2	rev	rev	PROPN
cblr-1693	706	3	.	.	PROPN
cblr-1693	706	4	1641	1641	NUM
cblr-1693	706	5	,	,	PUNCT
cblr-1693	706	6	1641	1641	NUM
cblr-1693	706	7	(	(	PUNCT
cblr-1693	706	8	“	"	PUNCT
cblr-1693	706	9	[	[	X
cblr-1693	706	10	c]learinghouses	c]learinghouse	NOUN
cblr-1693	706	11	are	be	AUX
cblr-1693	706	12	weaker	weak	ADJ
cblr-1693	706	13	bulwarks	bulwark	NOUN
cblr-1693	706	14	against	against	ADP
cblr-1693	706	15	financial	financial	ADJ
cblr-1693	706	16	contagion	contagion	NOUN
cblr-1693	706	17	,	,	PUNCT
cblr-1693	706	18	financial	financial	ADJ
cblr-1693	706	19	panic	panic	NOUN
cblr-1693	706	20	,	,	PUNCT
cblr-1693	706	21	and	and	CCONJ
cblr-1693	706	22	systemic	systemic	ADJ
cblr-1693	706	23	risk	risk	NOUN
cblr-1693	706	24	than	than	SCONJ
cblr-1693	706	25	is	be	AUX
cblr-1693	706	26	commonly	commonly	ADV
cblr-1693	706	27	thought	think	VERB
cblr-1693	706	28	.	.	PUNCT
cblr-1693	706	29	.	.	PUNCT
cblr-1693	706	30	.	.	PUNCT
cblr-1693	706	31	.	.	PUNCT
cblr-1693	707	1	[	[	X
cblr-1693	707	2	t]hey	t]hey	PRON
cblr-1693	707	3	do	do	VERB
cblr-1693	707	4	little	little	ADJ
cblr-1693	707	5	to	to	PART
cblr-1693	707	6	reduce	reduce	VERB
cblr-1693	707	7	systemic	systemic	ADJ
cblr-1693	707	8	risk	risk	NOUN
cblr-1693	707	9	in	in	ADP
cblr-1693	707	10	crisis	crisis	NOUN
cblr-1693	707	11	times	time	NOUN
cblr-1693	707	12	.	.	PUNCT
cblr-1693	707	13	”	"	PUNCT
cblr-1693	707	14	)	)	PUNCT
cblr-1693	707	15	;	;	PUNCT
cblr-1693	707	16	yesha	yesha	PROPN
cblr-1693	707	17	yadav	yadav	PROPN
cblr-1693	707	18	,	,	PUNCT
cblr-1693	707	19	the	the	DET
cblr-1693	707	20	problematic	problematic	ADJ
cblr-1693	707	21	case	case	NOUN
cblr-1693	707	22	of	of	ADP
cblr-1693	707	23	clearinghouses	clearinghouse	NOUN
cblr-1693	707	24	in	in	ADP
cblr-1693	707	25	complex	complex	ADJ
cblr-1693	707	26	markets	market	NOUN
cblr-1693	707	27	,	,	PUNCT
cblr-1693	707	28	101	101	NUM
cblr-1693	707	29	geo	geo	PROPN
cblr-1693	707	30	.	.	PUNCT
cblr-1693	707	31	l.j	l.j	PROPN
cblr-1693	707	32	.	.	PROPN
cblr-1693	707	33	387	387	NUM
cblr-1693	707	34	,	,	PUNCT
cblr-1693	707	35	387	387	NUM
cblr-1693	707	36	(	(	PUNCT
cblr-1693	707	37	2013	2013	NUM
cblr-1693	707	38	)	)	PUNCT
cblr-1693	707	39	(	(	PUNCT
cblr-1693	707	40	“	"	PUNCT
cblr-1693	707	41	if	if	SCONJ
cblr-1693	707	42	a	a	DET
cblr-1693	707	43	clearinghouse	clearinghouse	NOUN
cblr-1693	707	44	can	can	AUX
cblr-1693	707	45	not	not	PART
cblr-1693	707	46	manage	manage	VERB
cblr-1693	707	47	its	its	PRON
cblr-1693	707	48	risks	risk	NOUN
cblr-1693	707	49	,	,	PUNCT
cblr-1693	707	50	the	the	DET
cblr-1693	707	51	consequences	consequence	NOUN
cblr-1693	707	52	are	be	AUX
cblr-1693	707	53	invariably	invariably	ADV
cblr-1693	707	54	systemic	systemic	ADJ
cblr-1693	707	55	and	and	CCONJ
cblr-1693	707	56	enormously	enormously	ADV
cblr-1693	707	57	costly	costly	ADJ
cblr-1693	707	58	to	to	ADP
cblr-1693	707	59	the	the	DET
cblr-1693	707	60	taxpayer	taxpayer	NOUN
cblr-1693	707	61	.	.	PUNCT
cblr-1693	707	62	”	"	PUNCT
cblr-1693	707	63	)	)	PUNCT
cblr-1693	707	64	.	.	PUNCT
cblr-1693	708	1	173	173	NUM
cblr-1693	708	2	see	see	VERB
cblr-1693	708	3	process	process	NOUN
cblr-1693	708	4	for	for	ADP
cblr-1693	708	5	submissions	submission	NOUN
cblr-1693	708	6	for	for	ADP
cblr-1693	708	7	review	review	NOUN
cblr-1693	708	8	of	of	ADP
cblr-1693	708	9	security	security	NOUN
cblr-1693	708	10	-	-	PUNCT
cblr-1693	708	11	based	base	VERB
cblr-1693	708	12	swaps	swap	NOUN
cblr-1693	708	13	for	for	ADP
cblr-1693	708	14	mandatory	mandatory	ADJ
cblr-1693	708	15	clearing	clearing	NOUN
cblr-1693	708	16	and	and	CCONJ
cblr-1693	708	17	notice	notice	VERB
cblr-1693	708	18	filing	filing	NOUN
cblr-1693	708	19	requirements	requirement	NOUN
cblr-1693	708	20	for	for	ADP
cblr-1693	708	21	clearing	clear	VERB
cblr-1693	708	22	agencies	agency	NOUN
cblr-1693	708	23	;	;	PUNCT
cblr-1693	708	24	technical	technical	ADJ
cblr-1693	708	25	amendments	amendment	NOUN
cblr-1693	708	26	to	to	PART
cblr-1693	708	27	rule	rule	VERB
cblr-1693	708	28	19b-4	19b-4	NOUN
cblr-1693	708	29	and	and	CCONJ
cblr-1693	708	30	form	form	VERB
cblr-1693	708	31	19b-4	19b-4	NOUN
cblr-1693	708	32	applicable	applicable	ADJ
cblr-1693	708	33	to	to	ADP
cblr-1693	708	34	all	all	DET
cblr-1693	708	35	selfregulatory	selfregulatory	ADJ
cblr-1693	708	36	organizations	organization	NOUN
cblr-1693	708	37	,	,	PUNCT
cblr-1693	708	38	77	77	NUM
cblr-1693	708	39	fed	fed	PROPN
cblr-1693	708	40	.	.	PUNCT
cblr-1693	709	1	reg	reg	PROPN
cblr-1693	709	2	.	.	PUNCT
cblr-1693	710	1	41,602	41,602	NUM
cblr-1693	710	2	,	,	PUNCT
cblr-1693	710	3	41,639	41,639	NUM
cblr-1693	710	4	(	(	PUNCT
cblr-1693	710	5	july	july	PROPN
cblr-1693	710	6	13	13	NUM
cblr-1693	710	7	,	,	PUNCT
cblr-1693	710	8	2012	2012	NUM
cblr-1693	710	9	)	)	PUNCT
cblr-1693	710	10	(	(	PUNCT
cblr-1693	710	11	to	to	PART
cblr-1693	710	12	be	be	AUX
cblr-1693	710	13	codified	codify	VERB
cblr-1693	710	14	at	at	ADP
cblr-1693	710	15	17	17	NUM
cblr-1693	710	16	c.f.r	c.f.r	NOUN
cblr-1693	710	17	.	.	PUNCT
cblr-1693	711	1	pts	pts	AUX
cblr-1693	711	2	.	.	PROPN
cblr-1693	711	3	240	240	NUM
cblr-1693	711	4	,	,	PUNCT
cblr-1693	711	5	249	249	NUM
cblr-1693	711	6	)	)	PUNCT
cblr-1693	711	7	(	(	PUNCT
cblr-1693	711	8	“	"	PUNCT
cblr-1693	711	9	others	other	NOUN
cblr-1693	711	10	contend	contend	VERB
cblr-1693	711	11	that	that	SCONJ
cblr-1693	711	12	concentrating	concentrate	VERB
cblr-1693	711	13	the	the	DET
cblr-1693	711	14	risk	risk	NOUN
cblr-1693	711	15	of	of	ADP
cblr-1693	711	16	numerous	numerous	ADJ
cblr-1693	711	17	bilateral	bilateral	ADJ
cblr-1693	711	18	counterparties	counterpartie	NOUN
cblr-1693	711	19	in	in	ADP
cblr-1693	711	20	a	a	DET
cblr-1693	711	21	single	single	ADJ
cblr-1693	711	22	[	[	X
cblr-1693	711	23	central	central	ADJ
cblr-1693	711	24	clearing	clearing	NOUN
cblr-1693	711	25	party	party	NOUN
cblr-1693	711	26	]	]	PUNCT
cblr-1693	711	27	(	(	PUNCT
cblr-1693	711	28	or	or	CCONJ
cblr-1693	711	29	a	a	DET
cblr-1693	711	30	small	small	ADJ
cblr-1693	711	31	number	number	NOUN
cblr-1693	711	32	of	of	ADP
cblr-1693	711	33	[	[	PUNCT
cblr-1693	711	34	central	central	ADJ
cblr-1693	711	35	clearing	clearing	NOUN
cblr-1693	711	36	parties	party	NOUN
cblr-1693	711	37	]	]	PUNCT
cblr-1693	711	38	)	)	PUNCT
cblr-1693	711	39	could	could	AUX
cblr-1693	711	40	introduce	introduce	VERB
cblr-1693	711	41	risks	risk	NOUN
cblr-1693	711	42	and	and	CCONJ
cblr-1693	711	43	incentives	incentive	NOUN
cblr-1693	711	44	that	that	PRON
cblr-1693	711	45	may	may	AUX
cblr-1693	711	46	not	not	PART
cblr-1693	711	47	otherwise	otherwise	ADV
cblr-1693	711	48	exist	exist	VERB
cblr-1693	711	49	.	.	PUNCT
cblr-1693	712	1	for	for	ADP
cblr-1693	712	2	example	example	NOUN
cblr-1693	712	3	,	,	PUNCT
cblr-1693	712	4	they	they	PRON
cblr-1693	712	5	believe	believe	VERB
cblr-1693	712	6	that	that	SCONJ
cblr-1693	712	7	risk	risk	NOUN
cblr-1693	712	8	sharing	share	VERB
cblr-1693	712	9	through	through	ADP
cblr-1693	712	10	a	a	DET
cblr-1693	712	11	central	central	ADJ
cblr-1693	712	12	counterparty	counterparty	NOUN
cblr-1693	712	13	may	may	AUX
cblr-1693	712	14	encourage	encourage	VERB
cblr-1693	712	15	excessive	excessive	ADJ
cblr-1693	712	16	risk	risk	NOUN
cblr-1693	712	17	taking	take	VERB
cblr-1693	712	18	if	if	SCONJ
cblr-1693	712	19	the	the	DET
cblr-1693	712	20	costs	cost	NOUN
cblr-1693	712	21	of	of	ADP
cblr-1693	712	22	imprudent	imprudent	ADJ
cblr-1693	712	23	decisions	decision	NOUN
cblr-1693	712	24	by	by	ADP
cblr-1693	712	25	one	one	NUM
cblr-1693	712	26	clearing	clearing	NOUN
cblr-1693	712	27	member	member	NOUN
cblr-1693	712	28	are	be	AUX
cblr-1693	712	29	borne	bear	VERB
cblr-1693	712	30	by	by	ADP
cblr-1693	712	31	other	other	ADJ
cblr-1693	712	32	clearing	clearing	NOUN
cblr-1693	712	33	members	member	NOUN
cblr-1693	712	34	,	,	PUNCT
cblr-1693	712	35	and	and	CCONJ
cblr-1693	712	36	generally	generally	ADV
cblr-1693	712	37	would	would	AUX
cblr-1693	712	38	not	not	PART
cblr-1693	712	39	be	be	AUX
cblr-1693	712	40	more	more	ADV
cblr-1693	712	41	effective	effective	ADJ
cblr-1693	712	42	in	in	ADP
cblr-1693	712	43	mitigating	mitigate	VERB
cblr-1693	712	44	systemic	systemic	ADJ
cblr-1693	712	45	risk	risk	NOUN
cblr-1693	712	46	than	than	ADP
cblr-1693	712	47	bilateral	bilateral	ADJ
cblr-1693	712	48	clearing	clearing	NOUN
cblr-1693	712	49	arrangements	arrangement	NOUN
cblr-1693	712	50	between	between	ADP
cblr-1693	712	51	individual	individual	ADJ
cblr-1693	712	52	firms	firm	NOUN
cblr-1693	712	53	.	.	PUNCT
cblr-1693	713	1	moreover	moreover	ADV
cblr-1693	713	2	,	,	PUNCT
cblr-1693	713	3	at	at	ADV
cblr-1693	713	4	least	least	ADV
cblr-1693	713	5	one	one	NUM
cblr-1693	713	6	party	party	NOUN
cblr-1693	713	7	believes	believe	VERB
cblr-1693	713	8	this	this	DET
cblr-1693	713	9	moral	moral	ADJ
cblr-1693	713	10	hazard	hazard	NOUN
cblr-1693	713	11	problem	problem	NOUN
cblr-1693	713	12	could	could	AUX
cblr-1693	713	13	be	be	AUX
cblr-1693	713	14	exacerbated	exacerbate	VERB
cblr-1693	713	15	to	to	ADP
cblr-1693	713	16	the	the	DET
cblr-1693	713	17	extent	extent	NOUN
cblr-1693	713	18	that	that	SCONJ
cblr-1693	713	19	[	[	X
cblr-1693	713	20	central	central	ADJ
cblr-1693	713	21	clearing	clearing	NOUN
cblr-1693	713	22	parties	party	NOUN
cblr-1693	713	23	]	]	PUNCT
cblr-1693	713	24	are	be	AUX
cblr-1693	713	25	viewed	view	VERB
cblr-1693	713	26	as	as	ADP
cblr-1693	713	27	too	too	ADV
cblr-1693	713	28	important	important	ADJ
cblr-1693	713	29	to	to	PART
cblr-1693	713	30	fail	fail	VERB
cblr-1693	713	31	and	and	CCONJ
cblr-1693	713	32	subject	subject	VERB
cblr-1693	713	33	to	to	ADP
cblr-1693	713	34	bailout	bailout	NOUN
cblr-1693	713	35	remedies	remedy	NOUN
cblr-1693	713	36	that	that	PRON
cblr-1693	713	37	benefit	benefit	VERB
cblr-1693	713	38	all	all	DET
cblr-1693	713	39	[	[	X
cblr-1693	713	40	central	central	ADJ
cblr-1693	713	41	clearing	clearing	NOUN
cblr-1693	713	42	party	party	NOUN
cblr-1693	713	43	]	]	PUNCT
cblr-1693	713	44	members	member	NOUN
cblr-1693	713	45	.	.	PUNCT
cblr-1693	713	46	”	"	PUNCT
cblr-1693	713	47	)	)	PUNCT
cblr-1693	714	1	(	(	PUNCT
cblr-1693	714	2	internal	internal	ADJ
cblr-1693	714	3	citations	citation	NOUN
cblr-1693	714	4	omitted	omit	VERB
cblr-1693	714	5	)	)	PUNCT
cblr-1693	714	6	.	.	PUNCT
cblr-1693	715	1	174	174	NUM
cblr-1693	715	2	peirce	peirce	NOUN
cblr-1693	715	3	,	,	PUNCT
cblr-1693	715	4	supra	supra	PROPN
cblr-1693	715	5	note	note	PROPN
cblr-1693	715	6	172	172	NUM
cblr-1693	715	7	,	,	PUNCT
cblr-1693	715	8	at	at	ADP
cblr-1693	715	9	621	621	NUM
cblr-1693	715	10	.	.	PUNCT
cblr-1693	716	1	175	175	NUM
cblr-1693	717	1	i	i	PRON
cblr-1693	717	2	d.	d.	PROPN
cblr-1693	717	3	at	at	ADP
cblr-1693	717	4	647	647	NUM
cblr-1693	717	5	.	.	PUNCT
cblr-1693	718	1	294	294	NUM
cblr-1693	718	2	columbia	columbia	PROPN
cblr-1693	718	3	business	business	NOUN
cblr-1693	718	4	law	law	PROPN
cblr-1693	718	5	review	review	NOUN
cblr-1693	719	1	[	[	X
cblr-1693	719	2	vol	vol	NOUN
cblr-1693	719	3	.	.	NOUN
cblr-1693	719	4	2019	2019	NUM
cblr-1693	719	5	efficacy	efficacy	NOUN
cblr-1693	719	6	of	of	ADP
cblr-1693	719	7	mandatory	mandatory	ADJ
cblr-1693	719	8	central	central	ADJ
cblr-1693	719	9	clearing	clearing	NOUN
cblr-1693	719	10	and	and	CCONJ
cblr-1693	719	11	establish	establish	VERB
cblr-1693	719	12	its	its	PRON
cblr-1693	719	13	processes	process	NOUN
cblr-1693	719	14	accordingly	accordingly	ADV
cblr-1693	719	15	.	.	PUNCT
cblr-1693	720	1	title	title	PROPN
cblr-1693	720	2	vii	vii	PROPN
cblr-1693	720	3	instead	instead	ADV
cblr-1693	720	4	obligates	obligate	VERB
cblr-1693	720	5	the	the	DET
cblr-1693	720	6	sec	sec	PROPN
cblr-1693	720	7	to	to	PART
cblr-1693	720	8	carry	carry	VERB
cblr-1693	720	9	out	out	ADP
cblr-1693	720	10	the	the	DET
cblr-1693	720	11	goal	goal	NOUN
cblr-1693	720	12	of	of	ADP
cblr-1693	720	13	mandatory	mandatory	ADJ
cblr-1693	720	14	central	central	ADJ
cblr-1693	720	15	clearing	clearing	NOUN
cblr-1693	720	16	for	for	ADP
cblr-1693	720	17	otc	otc	PROPN
cblr-1693	720	18	derivatives.176	derivatives.176	NOUN
cblr-1693	720	19	while	while	SCONJ
cblr-1693	720	20	the	the	DET
cblr-1693	720	21	sec	sec	PROPN
cblr-1693	720	22	retains	retain	VERB
cblr-1693	720	23	the	the	DET
cblr-1693	720	24	power	power	NOUN
cblr-1693	720	25	to	to	PART
cblr-1693	720	26	decide	decide	VERB
cblr-1693	720	27	that	that	SCONJ
cblr-1693	720	28	some	some	DET
cblr-1693	720	29	specific	specific	ADJ
cblr-1693	720	30	products	product	NOUN
cblr-1693	720	31	are	be	AUX
cblr-1693	720	32	not	not	PART
cblr-1693	720	33	suitable	suitable	ADJ
cblr-1693	720	34	for	for	ADP
cblr-1693	720	35	central	central	ADJ
cblr-1693	720	36	clearing	clearing	NOUN
cblr-1693	720	37	,	,	PUNCT
cblr-1693	720	38	it	it	PRON
cblr-1693	720	39	can	can	AUX
cblr-1693	720	40	not	not	PART
cblr-1693	720	41	wield	wield	VERB
cblr-1693	720	42	this	this	DET
cblr-1693	720	43	authority	authority	NOUN
cblr-1693	720	44	to	to	PART
cblr-1693	720	45	undermine	undermine	VERB
cblr-1693	720	46	title	title	NOUN
cblr-1693	720	47	vii	vii	PROPN
cblr-1693	720	48	’s	’s	PART
cblr-1693	720	49	overall	overall	ADJ
cblr-1693	720	50	purpose	purpose	NOUN
cblr-1693	720	51	.	.	PUNCT
cblr-1693	721	1	once	once	SCONJ
cblr-1693	721	2	congress	congress	PROPN
cblr-1693	721	3	expressed	express	VERB
cblr-1693	721	4	its	its	PRON
cblr-1693	721	5	intent	intent	NOUN
cblr-1693	721	6	,	,	PUNCT
cblr-1693	721	7	any	any	DET
cblr-1693	721	8	internal	internal	ADJ
cblr-1693	721	9	sec	sec	PROPN
cblr-1693	721	10	argument	argument	NOUN
cblr-1693	721	11	over	over	ADP
cblr-1693	721	12	central	central	ADJ
cblr-1693	721	13	clearing	clearing	NOUN
cblr-1693	721	14	as	as	ADP
cblr-1693	721	15	a	a	DET
cblr-1693	721	16	regulatory	regulatory	ADJ
cblr-1693	721	17	tool	tool	NOUN
cblr-1693	721	18	should	should	AUX
cblr-1693	721	19	have	have	AUX
cblr-1693	721	20	ended	end	VERB
cblr-1693	721	21	.	.	PUNCT
cblr-1693	722	1	it	it	PRON
cblr-1693	722	2	is	be	AUX
cblr-1693	722	3	worth	worth	ADJ
cblr-1693	722	4	noting	note	VERB
cblr-1693	722	5	the	the	DET
cblr-1693	722	6	sec	sec	PROPN
cblr-1693	722	7	appears	appear	VERB
cblr-1693	722	8	to	to	PART
cblr-1693	722	9	share	share	VERB
cblr-1693	722	10	this	this	DET
cblr-1693	722	11	view	view	NOUN
cblr-1693	722	12	,	,	PUNCT
cblr-1693	722	13	as	as	SCONJ
cblr-1693	722	14	it	it	PRON
cblr-1693	722	15	declined	decline	VERB
cblr-1693	722	16	to	to	PART
cblr-1693	722	17	respond	respond	VERB
cblr-1693	722	18	to	to	ADP
cblr-1693	722	19	these	these	DET
cblr-1693	722	20	concerns	concern	NOUN
cblr-1693	722	21	beyond	beyond	ADP
cblr-1693	722	22	noting	note	VERB
cblr-1693	722	23	them	they	PRON
cblr-1693	722	24	in	in	ADP
cblr-1693	722	25	the	the	DET
cblr-1693	722	26	sec	sec	PROPN
cblr-1693	722	27	process	process	NOUN
cblr-1693	722	28	rule.177	rule.177	PROPN
cblr-1693	722	29	other	other	ADJ
cblr-1693	722	30	clearing	clearing	NOUN
cblr-1693	722	31	skeptics	skeptic	NOUN
cblr-1693	722	32	may	may	AUX
cblr-1693	722	33	claim	claim	VERB
cblr-1693	722	34	that	that	SCONJ
cblr-1693	722	35	while	while	SCONJ
cblr-1693	722	36	the	the	DET
cblr-1693	722	37	central	central	ADJ
cblr-1693	722	38	clearing	clearing	NOUN
cblr-1693	722	39	mandate	mandate	NOUN
cblr-1693	722	40	is	be	AUX
cblr-1693	722	41	warranted	warrant	VERB
cblr-1693	722	42	,	,	PUNCT
cblr-1693	722	43	the	the	DET
cblr-1693	722	44	specific	specific	ADJ
cblr-1693	722	45	characteristics	characteristic	NOUN
cblr-1693	722	46	that	that	PRON
cblr-1693	722	47	make	make	VERB
cblr-1693	722	48	security	security	NOUN
cblr-1693	722	49	-	-	PUNCT
cblr-1693	722	50	based	base	VERB
cblr-1693	722	51	swaps	swap	NOUN
cblr-1693	722	52	less	less	ADV
cblr-1693	722	53	likely	likely	ADJ
cblr-1693	722	54	to	to	PART
cblr-1693	722	55	be	be	AUX
cblr-1693	722	56	voluntarily	voluntarily	ADV
cblr-1693	722	57	cleared	clear	VERB
cblr-1693	722	58	also	also	ADV
cblr-1693	722	59	make	make	VERB
cblr-1693	722	60	sec	sec	PROPN
cblr-1693	722	61	review	review	NOUN
cblr-1693	722	62	unnecessary	unnecessary	ADJ
cblr-1693	722	63	.	.	PUNCT
cblr-1693	723	1	these	these	DET
cblr-1693	723	2	critics	critic	NOUN
cblr-1693	723	3	would	would	AUX
cblr-1693	723	4	claim	claim	VERB
cblr-1693	723	5	that	that	SCONJ
cblr-1693	723	6	,	,	PUNCT
cblr-1693	723	7	even	even	ADV
cblr-1693	723	8	after	after	ADP
cblr-1693	723	9	sec	sec	PROPN
cblr-1693	723	10	review	review	NOUN
cblr-1693	723	11	,	,	PUNCT
cblr-1693	723	12	such	such	ADJ
cblr-1693	723	13	products	product	NOUN
cblr-1693	723	14	would	would	AUX
cblr-1693	723	15	not	not	PART
cblr-1693	723	16	be	be	AUX
cblr-1693	723	17	subject	subject	ADJ
cblr-1693	723	18	to	to	ADP
cblr-1693	723	19	the	the	DET
cblr-1693	723	20	central	central	ADJ
cblr-1693	723	21	clearing	clearing	NOUN
cblr-1693	723	22	requirement	requirement	NOUN
cblr-1693	723	23	.	.	PUNCT
cblr-1693	724	1	several	several	ADJ
cblr-1693	724	2	of	of	ADP
cblr-1693	724	3	the	the	DET
cblr-1693	724	4	isda	isda	PROPN
cblr-1693	724	5	report	report	PROPN
cblr-1693	724	6	’s	’s	PART
cblr-1693	724	7	reasons	reason	NOUN
cblr-1693	724	8	why	why	SCONJ
cblr-1693	724	9	security	security	NOUN
cblr-1693	724	10	-	-	PUNCT
cblr-1693	724	11	based	base	VERB
cblr-1693	724	12	swaps	swap	NOUN
cblr-1693	724	13	will	will	AUX
cblr-1693	724	14	remain	remain	VERB
cblr-1693	724	15	uncleared	uncleared	ADJ
cblr-1693	724	16	,	,	PUNCT
cblr-1693	724	17	including	include	VERB
cblr-1693	724	18	insufficient	insufficient	ADJ
cblr-1693	724	19	liquidity	liquidity	NOUN
cblr-1693	724	20	and	and	CCONJ
cblr-1693	724	21	lack	lack	NOUN
cblr-1693	724	22	of	of	ADP
cblr-1693	724	23	operational	operational	ADJ
cblr-1693	724	24	capability,178	capability,178	PROPN
cblr-1693	724	25	are	be	AUX
cblr-1693	724	26	included	include	VERB
cblr-1693	724	27	in	in	ADP
cblr-1693	724	28	the	the	DET
cblr-1693	724	29	factors	factor	NOUN
cblr-1693	724	30	doddfrank	doddfrank	NOUN
cblr-1693	724	31	requires	require	VERB
cblr-1693	724	32	the	the	DET
cblr-1693	724	33	sec	sec	PROPN
cblr-1693	724	34	to	to	PART
cblr-1693	724	35	consider	consider	VERB
cblr-1693	724	36	when	when	SCONJ
cblr-1693	724	37	making	make	VERB
cblr-1693	724	38	mandatory	mandatory	ADJ
cblr-1693	724	39	central	central	ADJ
cblr-1693	724	40	clearing	clearing	NOUN
cblr-1693	724	41	determinations.179	determinations.179	PROPN
cblr-1693	724	42	dodd	dodd	PROPN
cblr-1693	724	43	-	-	PUNCT
cblr-1693	724	44	frank	frank	PROPN
cblr-1693	724	45	also	also	ADV
cblr-1693	724	46	addresses	address	VERB
cblr-1693	724	47	the	the	DET
cblr-1693	724	48	serious	serious	ADJ
cblr-1693	724	49	concern	concern	NOUN
cblr-1693	724	50	regarding	regard	VERB
cblr-1693	724	51	hedging	hedge	VERB
cblr-1693	724	52	products	product	NOUN
cblr-1693	724	53	directly	directly	ADV
cblr-1693	724	54	through	through	ADP
cblr-1693	724	55	the	the	DET
cblr-1693	724	56	end	end	NOUN
cblr-1693	724	57	-	-	PUNCT
cblr-1693	724	58	user	user	NOUN
cblr-1693	724	59	exception	exception	NOUN
cblr-1693	724	60	,	,	PUNCT
cblr-1693	724	61	which	which	PRON
cblr-1693	724	62	exempts	exempt	VERB
cblr-1693	724	63	nonfinancial	nonfinancial	ADJ
cblr-1693	724	64	entities	entity	NOUN
cblr-1693	724	65	using	use	VERB
cblr-1693	724	66	security	security	NOUN
cblr-1693	724	67	-	-	PUNCT
cblr-1693	724	68	based	base	VERB
cblr-1693	724	69	swaps	swap	NOUN
cblr-1693	724	70	to	to	PART
cblr-1693	724	71	mitigate	mitigate	VERB
cblr-1693	724	72	commercial	commercial	ADJ
cblr-1693	724	73	risk	risk	NOUN
cblr-1693	724	74	from	from	ADP
cblr-1693	724	75	the	the	DET
cblr-1693	724	76	central	central	ADJ
cblr-1693	724	77	clearing	clearing	NOUN
cblr-1693	724	78	requirement.180	requirement.180	PROPN
cblr-1693	724	79	176	176	NUM
cblr-1693	724	80	see	see	VERB
cblr-1693	724	81	15	15	NUM
cblr-1693	724	82	u.s.c	u.s.c	ADJ
cblr-1693	724	83	§	§	PROPN
cblr-1693	724	84	§	§	PROPN
cblr-1693	724	85	78c-3(a)–(b	78c-3(a)–(b	NOUN
cblr-1693	724	86	)	)	PUNCT
cblr-1693	724	87	(	(	PUNCT
cblr-1693	724	88	2012	2012	NUM
cblr-1693	724	89	)	)	PUNCT
cblr-1693	724	90	.	.	PUNCT
cblr-1693	725	1	177	177	NUM
cblr-1693	725	2	see	see	VERB
cblr-1693	725	3	process	process	NOUN
cblr-1693	725	4	for	for	ADP
cblr-1693	725	5	submissions	submission	NOUN
cblr-1693	725	6	for	for	ADP
cblr-1693	725	7	review	review	NOUN
cblr-1693	725	8	of	of	ADP
cblr-1693	725	9	security	security	NOUN
cblr-1693	725	10	-	-	PUNCT
cblr-1693	725	11	based	base	VERB
cblr-1693	725	12	swaps	swap	NOUN
cblr-1693	725	13	for	for	ADP
cblr-1693	725	14	mandatory	mandatory	ADJ
cblr-1693	725	15	clearing	clearing	NOUN
cblr-1693	725	16	and	and	CCONJ
cblr-1693	725	17	notice	notice	VERB
cblr-1693	725	18	filing	filing	NOUN
cblr-1693	725	19	requirements	requirement	NOUN
cblr-1693	725	20	for	for	ADP
cblr-1693	725	21	clearing	clear	VERB
cblr-1693	725	22	agencies	agency	NOUN
cblr-1693	725	23	;	;	PUNCT
cblr-1693	725	24	technical	technical	ADJ
cblr-1693	725	25	amendments	amendment	NOUN
cblr-1693	725	26	to	to	PART
cblr-1693	725	27	rule	rule	VERB
cblr-1693	725	28	19b-4	19b-4	NOUN
cblr-1693	725	29	and	and	CCONJ
cblr-1693	725	30	form	form	VERB
cblr-1693	725	31	19b-4	19b-4	NOUN
cblr-1693	725	32	applicable	applicable	ADJ
cblr-1693	725	33	to	to	ADP
cblr-1693	725	34	all	all	DET
cblr-1693	725	35	selfregulatory	selfregulatory	ADJ
cblr-1693	725	36	organizations	organization	NOUN
cblr-1693	725	37	,	,	PUNCT
cblr-1693	725	38	77	77	NUM
cblr-1693	725	39	fed	fed	PROPN
cblr-1693	725	40	.	.	PUNCT
cblr-1693	726	1	reg	reg	PROPN
cblr-1693	726	2	.	.	PUNCT
cblr-1693	727	1	41,602	41,602	NUM
cblr-1693	727	2	,	,	PUNCT
cblr-1693	727	3	41,639	41,639	NUM
cblr-1693	727	4	(	(	PUNCT
cblr-1693	727	5	july	july	PROPN
cblr-1693	727	6	13	13	NUM
cblr-1693	727	7	,	,	PUNCT
cblr-1693	727	8	2012	2012	NUM
cblr-1693	727	9	)	)	PUNCT
cblr-1693	727	10	(	(	PUNCT
cblr-1693	727	11	to	to	PART
cblr-1693	727	12	be	be	AUX
cblr-1693	727	13	codified	codify	VERB
cblr-1693	727	14	at	at	ADP
cblr-1693	727	15	17	17	NUM
cblr-1693	727	16	c.f.r	c.f.r	NOUN
cblr-1693	727	17	.	.	PUNCT
cblr-1693	728	1	pts	pts	PROPN
cblr-1693	728	2	.	.	PROPN
cblr-1693	728	3	240	240	NUM
cblr-1693	728	4	,	,	PUNCT
cblr-1693	728	5	249	249	NUM
cblr-1693	728	6	)	)	PUNCT
cblr-1693	728	7	.	.	PUNCT
cblr-1693	729	1	178	178	NUM
cblr-1693	729	2	see	see	VERB
cblr-1693	729	3	supra	supra	PROPN
cblr-1693	729	4	notes	note	VERB
cblr-1693	729	5	154–58	154–58	PROPN
cblr-1693	729	6	and	and	CCONJ
cblr-1693	729	7	accompanying	accompany	VERB
cblr-1693	729	8	text	text	NOUN
cblr-1693	729	9	.	.	PUNCT
cblr-1693	730	1	179	179	NUM
cblr-1693	730	2	see	see	VERB
cblr-1693	730	3	15	15	NUM
cblr-1693	730	4	u.s.c	u.s.c	ADJ
cblr-1693	730	5	.	.	PUNCT
cblr-1693	731	1	§	§	PROPN
cblr-1693	731	2	78c-3(b)(4)(b)(i)–(ii	78c-3(b)(4)(b)(i)–(ii	NUM
cblr-1693	731	3	)	)	PUNCT
cblr-1693	731	4	(	(	PUNCT
cblr-1693	731	5	2012	2012	NUM
cblr-1693	731	6	)	)	PUNCT
cblr-1693	731	7	(	(	PUNCT
cblr-1693	731	8	“	"	PUNCT
cblr-1693	731	9	[	[	X
cblr-1693	731	10	t]he	t]he	PROPN
cblr-1693	731	11	[	[	X
cblr-1693	731	12	sec	sec	X
cblr-1693	731	13	]	]	X
cblr-1693	731	14	shall	shall	AUX
cblr-1693	731	15	take	take	VERB
cblr-1693	731	16	into	into	ADP
cblr-1693	731	17	account	account	NOUN
cblr-1693	731	18	[:	[:	X
cblr-1693	731	19	]	]	X
cblr-1693	731	20	(	(	PUNCT
cblr-1693	731	21	i	i	NOUN
cblr-1693	731	22	)	)	PUNCT
cblr-1693	731	23	the	the	DET
cblr-1693	731	24	existence	existence	NOUN
cblr-1693	731	25	of	of	ADP
cblr-1693	731	26	significant	significant	ADJ
cblr-1693	731	27	outstanding	outstanding	ADJ
cblr-1693	731	28	notional	notional	ADJ
cblr-1693	731	29	exposures	exposure	NOUN
cblr-1693	731	30	,	,	PUNCT
cblr-1693	731	31	trading	trading	NOUN
cblr-1693	731	32	liquidity	liquidity	NOUN
cblr-1693	731	33	and	and	CCONJ
cblr-1693	731	34	adequate	adequate	ADJ
cblr-1693	731	35	pricing	pricing	NOUN
cblr-1693	731	36	data	datum	NOUN
cblr-1693	731	37	.	.	PUNCT
cblr-1693	732	1	(	(	PUNCT
cblr-1693	732	2	ii	ii	X
cblr-1693	732	3	)	)	PUNCT
cblr-1693	732	4	the	the	DET
cblr-1693	732	5	availability	availability	NOUN
cblr-1693	732	6	of	of	ADP
cblr-1693	732	7	rule	rule	NOUN
cblr-1693	732	8	framework	framework	NOUN
cblr-1693	732	9	,	,	PUNCT
cblr-1693	732	10	capacity	capacity	NOUN
cblr-1693	732	11	,	,	PUNCT
cblr-1693	732	12	operational	operational	ADJ
cblr-1693	732	13	expertise	expertise	NOUN
cblr-1693	732	14	and	and	CCONJ
cblr-1693	732	15	resources	resource	NOUN
cblr-1693	732	16	,	,	PUNCT
cblr-1693	732	17	and	and	CCONJ
cblr-1693	732	18	credit	credit	NOUN
cblr-1693	732	19	support	support	NOUN
cblr-1693	732	20	infrastructure	infrastructure	NOUN
cblr-1693	732	21	[	[	X
cblr-1693	732	22	.	.	X
cblr-1693	732	23	]	]	X
cblr-1693	732	24	”	"	PUNCT
cblr-1693	732	25	)	)	PUNCT
cblr-1693	732	26	.	.	PUNCT
cblr-1693	733	1	180	180	NUM
cblr-1693	733	2	see	see	VERB
cblr-1693	733	3	15	15	NUM
cblr-1693	733	4	u.s.c	u.s.c	ADJ
cblr-1693	733	5	.	.	PUNCT
cblr-1693	734	1	§	§	PROPN
cblr-1693	734	2	78c-3(g)(1	78c-3(g)(1	NUM
cblr-1693	734	3	)	)	PUNCT
cblr-1693	734	4	(	(	PUNCT
cblr-1693	734	5	2012	2012	NUM
cblr-1693	734	6	)	)	PUNCT
cblr-1693	734	7	.	.	PUNCT
cblr-1693	735	1	as	as	SCONJ
cblr-1693	735	2	discussed	discuss	VERB
cblr-1693	735	3	in	in	ADP
cblr-1693	735	4	section	section	NOUN
cblr-1693	735	5	ii.d.2	ii.d.2	PROPN
cblr-1693	735	6	.	.	PROPN
cblr-1693	735	7	,	,	PUNCT
cblr-1693	735	8	supra	supra	PROPN
cblr-1693	735	9	,	,	PUNCT
cblr-1693	735	10	the	the	DET
cblr-1693	735	11	end	end	NOUN
cblr-1693	735	12	-	-	PUNCT
cblr-1693	735	13	user	user	NOUN
cblr-1693	735	14	exception	exception	NOUN
cblr-1693	735	15	will	will	AUX
cblr-1693	735	16	go	go	VERB
cblr-1693	735	17	into	into	ADP
cblr-1693	735	18	effect	effect	NOUN
cblr-1693	735	19	via	via	ADP
cblr-1693	735	20	an	an	DET
cblr-1693	735	21	sec	sec	PROPN
cblr-1693	735	22	rule	rule	NOUN
cblr-1693	735	23	which	which	PRON
cblr-1693	735	24	will	will	AUX
cblr-1693	735	25	no	no	ADV
cblr-1693	735	26	.	.	PUNCT
cblr-1693	736	1	1:252	1:252	NUM
cblr-1693	736	2	]	]	X
cblr-1693	736	3	to	to	PART
cblr-1693	736	4	clear	clear	ADJ
cblr-1693	736	5	or	or	CCONJ
cblr-1693	736	6	not	not	PART
cblr-1693	736	7	to	to	PART
cblr-1693	736	8	clear	clear	VERB
cblr-1693	736	9	295	295	NUM
cblr-1693	736	10	although	although	SCONJ
cblr-1693	736	11	these	these	DET
cblr-1693	736	12	provisions	provision	NOUN
cblr-1693	736	13	show	show	VERB
cblr-1693	736	14	congress	congress	PROPN
cblr-1693	736	15	’	'	PUNCT
cblr-1693	736	16	understanding	understanding	NOUN
cblr-1693	736	17	that	that	PRON
cblr-1693	736	18	the	the	DET
cblr-1693	736	19	otc	otc	PROPN
cblr-1693	736	20	derivatives	derivative	NOUN
cblr-1693	736	21	market	market	NOUN
cblr-1693	736	22	can	can	AUX
cblr-1693	736	23	not	not	PART
cblr-1693	736	24	be	be	AUX
cblr-1693	736	25	regulated	regulate	VERB
cblr-1693	736	26	with	with	ADP
cblr-1693	736	27	a	a	DET
cblr-1693	736	28	one	one	NUM
cblr-1693	736	29	-	-	PUNCT
cblr-1693	736	30	size	size	NOUN
cblr-1693	736	31	-	-	PUNCT
cblr-1693	736	32	fits	fit	VERB
cblr-1693	736	33	-	-	PUNCT
cblr-1693	736	34	all	all	DET
cblr-1693	736	35	approach	approach	NOUN
cblr-1693	736	36	,	,	PUNCT
cblr-1693	736	37	they	they	PRON
cblr-1693	736	38	do	do	AUX
cblr-1693	736	39	not	not	PART
cblr-1693	736	40	allow	allow	VERB
cblr-1693	736	41	the	the	DET
cblr-1693	736	42	sec	sec	PROPN
cblr-1693	736	43	to	to	PART
cblr-1693	736	44	ignore	ignore	VERB
cblr-1693	736	45	sections	section	NOUN
cblr-1693	736	46	of	of	ADP
cblr-1693	736	47	the	the	DET
cblr-1693	736	48	security	security	NOUN
cblr-1693	736	49	-	-	PUNCT
cblr-1693	736	50	based	base	VERB
cblr-1693	736	51	swap	swap	NOUN
cblr-1693	736	52	market	market	NOUN
cblr-1693	736	53	.	.	PUNCT
cblr-1693	737	1	the	the	DET
cblr-1693	737	2	sec	sec	PROPN
cblr-1693	737	3	may	may	AUX
cblr-1693	737	4	eventually	eventually	ADV
cblr-1693	737	5	determine	determine	VERB
cblr-1693	737	6	a	a	DET
cblr-1693	737	7	specific	specific	ADJ
cblr-1693	737	8	product	product	NOUN
cblr-1693	737	9	type	type	NOUN
cblr-1693	737	10	should	should	AUX
cblr-1693	737	11	not	not	PART
cblr-1693	737	12	be	be	AUX
cblr-1693	737	13	subject	subject	ADJ
cblr-1693	737	14	to	to	ADP
cblr-1693	737	15	the	the	DET
cblr-1693	737	16	central	central	ADJ
cblr-1693	737	17	clearing	clearing	NOUN
cblr-1693	737	18	mandate	mandate	NOUN
cblr-1693	737	19	,	,	PUNCT
cblr-1693	737	20	but	but	CCONJ
cblr-1693	737	21	it	it	PRON
cblr-1693	737	22	remains	remain	VERB
cblr-1693	737	23	imperative	imperative	ADJ
cblr-1693	737	24	that	that	SCONJ
cblr-1693	737	25	the	the	DET
cblr-1693	737	26	sec	sec	PROPN
cblr-1693	737	27	actually	actually	ADV
cblr-1693	737	28	conducts	conduct	VERB
cblr-1693	737	29	the	the	DET
cblr-1693	737	30	review	review	NOUN
cblr-1693	737	31	leading	lead	VERB
cblr-1693	737	32	to	to	ADP
cblr-1693	737	33	that	that	DET
cblr-1693	737	34	determination	determination	NOUN
cblr-1693	737	35	.	.	PUNCT
cblr-1693	738	1	as	as	SCONJ
cblr-1693	738	2	isda	isda	PROPN
cblr-1693	738	3	notes	note	VERB
cblr-1693	738	4	,	,	PUNCT
cblr-1693	738	5	“	"	PUNCT
cblr-1693	738	6	contrary	contrary	ADJ
cblr-1693	738	7	to	to	ADP
cblr-1693	738	8	popular	popular	ADJ
cblr-1693	738	9	belief	belief	NOUN
cblr-1693	738	10	,	,	PUNCT
cblr-1693	738	11	otc	otc	PROPN
cblr-1693	738	12	derivatives	derivative	NOUN
cblr-1693	738	13	with	with	ADP
cblr-1693	738	14	bespoke	bespoke	ADJ
cblr-1693	738	15	economic	economic	ADJ
cblr-1693	738	16	terms	term	NOUN
cblr-1693	738	17	can	can	AUX
cblr-1693	738	18	be	be	AUX
cblr-1693	738	19	and	and	CCONJ
cblr-1693	738	20	are	be	AUX
cblr-1693	738	21	cleared	clear	VERB
cblr-1693	738	22	.	.	PUNCT
cblr-1693	739	1	”181	”181	PROPN
cblr-1693	739	2	to	to	PART
cblr-1693	739	3	assume	assume	VERB
cblr-1693	739	4	—	—	PUNCT
cblr-1693	739	5	without	without	ADP
cblr-1693	739	6	investigating	investigate	VERB
cblr-1693	739	7	—	—	PUNCT
cblr-1693	739	8	that	that	SCONJ
cblr-1693	739	9	certain	certain	ADJ
cblr-1693	739	10	products	product	NOUN
cblr-1693	739	11	can	can	AUX
cblr-1693	739	12	not	not	PART
cblr-1693	739	13	be	be	AUX
cblr-1693	739	14	centrally	centrally	ADV
cblr-1693	739	15	cleared	clear	VERB
cblr-1693	739	16	would	would	AUX
cblr-1693	739	17	preempt	preempt	VERB
cblr-1693	739	18	the	the	DET
cblr-1693	739	19	precise	precise	ADJ
cblr-1693	739	20	type	type	NOUN
cblr-1693	739	21	of	of	ADP
cblr-1693	739	22	creative	creative	ADJ
cblr-1693	739	23	solutions	solution	NOUN
cblr-1693	739	24	for	for	ADP
cblr-1693	739	25	which	which	PRON
cblr-1693	739	26	congress	congress	PROPN
cblr-1693	739	27	enlisted	enlist	VERB
cblr-1693	739	28	the	the	DET
cblr-1693	739	29	sec	sec	PROPN
cblr-1693	739	30	’s	’s	PART
cblr-1693	739	31	expertise	expertise	NOUN
cblr-1693	739	32	.	.	PUNCT
cblr-1693	740	1	and	and	CCONJ
cblr-1693	740	2	even	even	ADV
cblr-1693	740	3	if	if	SCONJ
cblr-1693	740	4	the	the	DET
cblr-1693	740	5	sec	sec	PROPN
cblr-1693	740	6	made	make	VERB
cblr-1693	740	7	such	such	DET
cblr-1693	740	8	an	an	DET
cblr-1693	740	9	assumption	assumption	NOUN
cblr-1693	740	10	regarding	regard	VERB
cblr-1693	740	11	currently	currently	ADV
cblr-1693	740	12	unclearable	unclearable	ADJ
cblr-1693	740	13	securitybased	securitybase	VERB
cblr-1693	740	14	swaps	swap	NOUN
cblr-1693	740	15	,	,	PUNCT
cblr-1693	740	16	this	this	DET
cblr-1693	740	17	approach	approach	NOUN
cblr-1693	740	18	abandons	abandon	VERB
cblr-1693	740	19	responsibility	responsibility	NOUN
cblr-1693	740	20	for	for	ADP
cblr-1693	740	21	any	any	DET
cblr-1693	740	22	new	new	ADJ
cblr-1693	740	23	security	security	NOUN
cblr-1693	740	24	-	-	PUNCT
cblr-1693	740	25	based	base	VERB
cblr-1693	740	26	swap	swap	NOUN
cblr-1693	740	27	products	product	NOUN
cblr-1693	740	28	market	market	NOUN
cblr-1693	740	29	participants	participant	NOUN
cblr-1693	740	30	may	may	AUX
cblr-1693	740	31	later	later	ADV
cblr-1693	740	32	create	create	VERB
cblr-1693	740	33	.	.	PUNCT
cblr-1693	741	1	finally	finally	ADV
cblr-1693	741	2	,	,	PUNCT
cblr-1693	741	3	any	any	DET
cblr-1693	741	4	argument	argument	NOUN
cblr-1693	741	5	in	in	ADP
cblr-1693	741	6	favor	favor	NOUN
cblr-1693	741	7	of	of	ADP
cblr-1693	741	8	the	the	DET
cblr-1693	741	9	current	current	ADJ
cblr-1693	741	10	approach	approach	NOUN
cblr-1693	741	11	underestimates	underestimate	VERB
cblr-1693	741	12	the	the	DET
cblr-1693	741	13	positive	positive	ADJ
cblr-1693	741	14	impact	impact	NOUN
cblr-1693	741	15	of	of	ADP
cblr-1693	741	16	regulatory	regulatory	ADJ
cblr-1693	741	17	certainty	certainty	NOUN
cblr-1693	741	18	.	.	PUNCT
cblr-1693	742	1	the	the	DET
cblr-1693	742	2	market	market	NOUN
cblr-1693	742	3	’s	’s	PART
cblr-1693	742	4	awareness	awareness	NOUN
cblr-1693	742	5	of	of	ADP
cblr-1693	742	6	when	when	SCONJ
cblr-1693	742	7	and	and	CCONJ
cblr-1693	742	8	how	how	SCONJ
cblr-1693	742	9	the	the	DET
cblr-1693	742	10	sec	sec	PROPN
cblr-1693	742	11	reviews	review	VERB
cblr-1693	742	12	a	a	DET
cblr-1693	742	13	product	product	NOUN
cblr-1693	742	14	—	—	PUNCT
cblr-1693	742	15	and	and	CCONJ
cblr-1693	742	16	of	of	ADP
cblr-1693	742	17	when	when	SCONJ
cblr-1693	742	18	that	that	DET
cblr-1693	742	19	review	review	NOUN
cblr-1693	742	20	will	will	AUX
cblr-1693	742	21	result	result	VERB
cblr-1693	742	22	in	in	ADP
cblr-1693	742	23	obligations	obligation	NOUN
cblr-1693	742	24	for	for	ADP
cblr-1693	742	25	private	private	ADJ
cblr-1693	742	26	actors	actor	NOUN
cblr-1693	742	27	—	—	PUNCT
cblr-1693	742	28	allows	allow	VERB
cblr-1693	742	29	the	the	DET
cblr-1693	742	30	market	market	NOUN
cblr-1693	742	31	to	to	PART
cblr-1693	742	32	function	function	VERB
cblr-1693	742	33	efficiently	efficiently	ADV
cblr-1693	742	34	.	.	PUNCT
cblr-1693	743	1	citadel	citadel	PROPN
cblr-1693	743	2	llc	llc	PROPN
cblr-1693	743	3	,	,	PUNCT
cblr-1693	743	4	a	a	DET
cblr-1693	743	5	global	global	ADJ
cblr-1693	743	6	investment	investment	NOUN
cblr-1693	743	7	firm	firm	NOUN
cblr-1693	743	8	,	,	PUNCT
cblr-1693	743	9	recently	recently	ADV
cblr-1693	743	10	implored	implore	VERB
cblr-1693	743	11	the	the	DET
cblr-1693	743	12	sec	sec	PROPN
cblr-1693	743	13	to	to	PART
cblr-1693	743	14	finalize	finalize	VERB
cblr-1693	743	15	security	security	NOUN
cblr-1693	743	16	-	-	PUNCT
cblr-1693	743	17	based	base	VERB
cblr-1693	743	18	swap	swap	NOUN
cblr-1693	743	19	rules	rule	NOUN
cblr-1693	743	20	and	and	CCONJ
cblr-1693	743	21	implement	implement	VERB
cblr-1693	743	22	mandatory	mandatory	ADJ
cblr-1693	743	23	clearing	clearing	NOUN
cblr-1693	743	24	for	for	ADP
cblr-1693	743	25	commonly	commonly	ADV
cblr-1693	743	26	traded	trade	VERB
cblr-1693	743	27	cdss	cdss	NOUN
cblr-1693	743	28	in	in	ADP
cblr-1693	743	29	order	order	NOUN
cblr-1693	743	30	to	to	PART
cblr-1693	743	31	“	"	PUNCT
cblr-1693	743	32	provide	provide	VERB
cblr-1693	743	33	the	the	DET
cblr-1693	743	34	market	market	NOUN
cblr-1693	743	35	with	with	ADP
cblr-1693	743	36	.	.	PUNCT
cblr-1693	743	37	.	.	PUNCT
cblr-1693	743	38	.	.	PUNCT
cblr-1693	744	1	regulatory	regulatory	ADJ
cblr-1693	744	2	certainty	certainty	NOUN
cblr-1693	744	3	.	.	PUNCT
cblr-1693	745	1	”182	”182	PROPN
cblr-1693	746	1	according	accord	VERB
cblr-1693	746	2	to	to	ADP
cblr-1693	746	3	citadel	citadel	PROPN
cblr-1693	746	4	,	,	PUNCT
cblr-1693	746	5	the	the	DET
cblr-1693	746	6	lack	lack	NOUN
cblr-1693	746	7	of	of	ADP
cblr-1693	746	8	clear	clear	ADJ
cblr-1693	746	9	guidance	guidance	NOUN
cblr-1693	746	10	and	and	CCONJ
cblr-1693	746	11	predictability	predictability	NOUN
cblr-1693	746	12	has	have	AUX
cblr-1693	746	13	impaired	impair	VERB
cblr-1693	746	14	liquidity	liquidity	NOUN
cblr-1693	746	15	and	and	CCONJ
cblr-1693	746	16	participation	participation	NOUN
cblr-1693	746	17	in	in	ADP
cblr-1693	746	18	the	the	DET
cblr-1693	746	19	market.183	market.183	NOUN
cblr-1693	746	20	notably	notably	ADV
cblr-1693	746	21	,	,	PUNCT
cblr-1693	746	22	the	the	DET
cblr-1693	746	23	sec	sec	PROPN
cblr-1693	746	24	’s	’s	PART
cblr-1693	746	25	only	only	ADJ
cblr-1693	746	26	discussion	discussion	NOUN
cblr-1693	746	27	of	of	ADP
cblr-1693	746	28	commission	commission	NOUN
cblr-1693	746	29	establish	establish	VERB
cblr-1693	746	30	a	a	DET
cblr-1693	746	31	notification	notification	NOUN
cblr-1693	746	32	procedure	procedure	NOUN
cblr-1693	746	33	for	for	ADP
cblr-1693	746	34	parties	party	NOUN
cblr-1693	746	35	who	who	PRON
cblr-1693	746	36	wish	wish	VERB
cblr-1693	746	37	to	to	PART
cblr-1693	746	38	take	take	VERB
cblr-1693	746	39	advantage	advantage	NOUN
cblr-1693	746	40	of	of	ADP
cblr-1693	746	41	it	it	PRON
cblr-1693	746	42	.	.	PUNCT
cblr-1693	747	1	this	this	DET
cblr-1693	747	2	rule	rule	NOUN
cblr-1693	747	3	was	be	AUX
cblr-1693	747	4	proposed	propose	VERB
cblr-1693	747	5	in	in	ADP
cblr-1693	747	6	2010	2010	NUM
cblr-1693	747	7	but	but	CCONJ
cblr-1693	747	8	has	have	AUX
cblr-1693	747	9	not	not	PART
cblr-1693	747	10	yet	yet	ADV
cblr-1693	747	11	been	be	AUX
cblr-1693	747	12	finalized	finalize	VERB
cblr-1693	747	13	.	.	PUNCT
cblr-1693	748	1	see	see	VERB
cblr-1693	748	2	sec	sec	PROPN
cblr-1693	748	3	end	end	NOUN
cblr-1693	748	4	-	-	PUNCT
cblr-1693	748	5	user	user	NOUN
cblr-1693	748	6	exception	exception	NOUN
cblr-1693	748	7	to	to	ADP
cblr-1693	748	8	mandatory	mandatory	ADJ
cblr-1693	748	9	clearing	clearing	NOUN
cblr-1693	748	10	of	of	ADP
cblr-1693	748	11	security	security	NOUN
cblr-1693	748	12	-	-	PUNCT
cblr-1693	748	13	based	base	VERB
cblr-1693	748	14	swaps	swap	NOUN
cblr-1693	748	15	(	(	PUNCT
cblr-1693	748	16	proposed	propose	VERB
cblr-1693	748	17	rule	rule	NOUN
cblr-1693	748	18	)	)	PUNCT
cblr-1693	748	19	,	,	PUNCT
cblr-1693	748	20	75	75	NUM
cblr-1693	748	21	fed	feed	VERB
cblr-1693	748	22	.	.	PUNCT
cblr-1693	749	1	reg	reg	PROPN
cblr-1693	749	2	.	.	PUNCT
cblr-1693	750	1	79,992	79,992	NUM
cblr-1693	750	2	(	(	PUNCT
cblr-1693	750	3	dec	dec	PROPN
cblr-1693	750	4	.	.	PROPN
cblr-1693	750	5	21	21	NUM
cblr-1693	750	6	,	,	PUNCT
cblr-1693	750	7	2010	2010	NUM
cblr-1693	750	8	)	)	PUNCT
cblr-1693	750	9	.	.	PUNCT
cblr-1693	751	1	the	the	DET
cblr-1693	751	2	cftc	cftc	PROPN
cblr-1693	751	3	equivalent	equivalent	ADJ
cblr-1693	751	4	rule	rule	NOUN
cblr-1693	751	5	was	be	AUX
cblr-1693	751	6	finalized	finalize	VERB
cblr-1693	751	7	in	in	ADP
cblr-1693	751	8	2012	2012	NUM
cblr-1693	751	9	.	.	PUNCT
cblr-1693	752	1	see	see	VERB
cblr-1693	752	2	17	17	NUM
cblr-1693	752	3	c.f.r	c.f.r	NOUN
cblr-1693	752	4	.	.	PUNCT
cblr-1693	753	1	§	§	PROPN
cblr-1693	753	2	50.50	50.50	NUM
cblr-1693	753	3	(	(	PUNCT
cblr-1693	753	4	2018	2018	NUM
cblr-1693	753	5	)	)	PUNCT
cblr-1693	753	6	.	.	PUNCT
cblr-1693	754	1	181	181	NUM
cblr-1693	754	2	isda	isda	PROPN
cblr-1693	754	3	report	report	NOUN
cblr-1693	754	4	,	,	PUNCT
cblr-1693	754	5	supra	supra	PROPN
cblr-1693	754	6	note	note	PROPN
cblr-1693	754	7	153	153	NUM
cblr-1693	754	8	,	,	PUNCT
cblr-1693	754	9	at	at	ADP
cblr-1693	754	10	5	5	NUM
cblr-1693	754	11	.	.	NOUN
cblr-1693	754	12	182	182	NUM
cblr-1693	754	13	letter	letter	NOUN
cblr-1693	754	14	from	from	ADP
cblr-1693	754	15	adam	adam	PROPN
cblr-1693	754	16	c.	c.	PROPN
cblr-1693	754	17	cooper	cooper	PROPN
cblr-1693	754	18	,	,	PUNCT
cblr-1693	754	19	senior	senior	ADJ
cblr-1693	754	20	managing	managing	NOUN
cblr-1693	754	21	dir	dir	NOUN
cblr-1693	754	22	.	.	PUNCT
cblr-1693	754	23	&	&	CCONJ
cblr-1693	754	24	chief	chief	ADJ
cblr-1693	754	25	legal	legal	ADJ
cblr-1693	754	26	officer	officer	NOUN
cblr-1693	754	27	,	,	PUNCT
cblr-1693	754	28	citadel	citadel	PROPN
cblr-1693	754	29	,	,	PUNCT
cblr-1693	754	30	to	to	ADP
cblr-1693	754	31	brent	brent	PROPN
cblr-1693	754	32	j.	j.	PROPN
cblr-1693	754	33	fields	fields	PROPN
cblr-1693	754	34	,	,	PUNCT
cblr-1693	754	35	sec’y	sec’y	NUM
cblr-1693	754	36	,	,	PUNCT
cblr-1693	754	37	sec	sec	PROPN
cblr-1693	754	38	.	.	PROPN
cblr-1693	754	39	&	&	CCONJ
cblr-1693	754	40	exch	exch	PROPN
cblr-1693	754	41	.	.	PUNCT
cblr-1693	755	1	comm’n	comm’n	PROPN
cblr-1693	755	2	2	2	NUM
cblr-1693	755	3	(	(	PUNCT
cblr-1693	755	4	feb	feb	X
cblr-1693	755	5	.	.	PROPN
cblr-1693	755	6	2	2	NUM
cblr-1693	755	7	,	,	PUNCT
cblr-1693	755	8	2016	2016	NUM
cblr-1693	755	9	)	)	PUNCT
cblr-1693	755	10	,	,	PUNCT
cblr-1693	755	11	https://www.sec.gov/comments/s7-05-12/s70512-24.pdf	https://www.sec.gov/comments/s7-05-12/s70512-24.pdf	NOUN
cblr-1693	756	1	[	[	X
cblr-1693	756	2	perma.cc/	perma.cc/	NOUN
cblr-1693	756	3	4du3	4du3	NUM
cblr-1693	756	4	-	-	PUNCT
cblr-1693	756	5	vt34	vt34	PROPN
cblr-1693	756	6	]	]	PUNCT
cblr-1693	756	7	.	.	PUNCT
cblr-1693	757	1	183	183	NUM
cblr-1693	758	1	i	i	PRON
cblr-1693	758	2	d.	d.	PROPN
cblr-1693	758	3	at	at	ADP
cblr-1693	758	4	1	1	NUM
cblr-1693	758	5	.	.	NUM
cblr-1693	758	6	296	296	NUM
cblr-1693	758	7	columbia	columbia	PROPN
cblr-1693	758	8	business	business	NOUN
cblr-1693	758	9	law	law	NOUN
cblr-1693	758	10	review	review	NOUN
cblr-1693	758	11	[	[	X
cblr-1693	758	12	vol	vol	NOUN
cblr-1693	758	13	.	.	NOUN
cblr-1693	758	14	2019	2019	NUM
cblr-1693	758	15	initiated	initiate	VERB
cblr-1693	758	16	review	review	NOUN
cblr-1693	758	17	in	in	ADP
cblr-1693	758	18	the	the	DET
cblr-1693	758	19	sec	sec	PROPN
cblr-1693	758	20	process	process	NOUN
cblr-1693	758	21	rule	rule	NOUN
cblr-1693	758	22	was	be	AUX
cblr-1693	758	23	in	in	ADP
cblr-1693	758	24	response	response	NOUN
cblr-1693	758	25	to	to	ADP
cblr-1693	758	26	a	a	DET
cblr-1693	758	27	commenter	commenter	NOUN
cblr-1693	758	28	’s	’s	PART
cblr-1693	758	29	similar	similar	ADJ
cblr-1693	758	30	request	request	NOUN
cblr-1693	758	31	for	for	ADP
cblr-1693	758	32	clarity.184	clarity.184	ADP
cblr-1693	758	33	a	a	DET
cblr-1693	758	34	scheme	scheme	NOUN
cblr-1693	758	35	in	in	ADP
cblr-1693	758	36	which	which	PRON
cblr-1693	758	37	the	the	DET
cblr-1693	758	38	sec	sec	PROPN
cblr-1693	758	39	intentionally	intentionally	ADV
cblr-1693	758	40	avoids	avoid	VERB
cblr-1693	758	41	top	top	ADJ
cblr-1693	758	42	-	-	PUNCT
cblr-1693	758	43	down	down	ADP
cblr-1693	758	44	review	review	NOUN
cblr-1693	758	45	of	of	ADP
cblr-1693	758	46	products	product	NOUN
cblr-1693	758	47	,	,	PUNCT
cblr-1693	758	48	regardless	regardless	ADV
cblr-1693	758	49	of	of	ADP
cblr-1693	758	50	the	the	DET
cblr-1693	758	51	reason	reason	NOUN
cblr-1693	758	52	,	,	PUNCT
cblr-1693	758	53	would	would	AUX
cblr-1693	758	54	strip	strip	VERB
cblr-1693	758	55	the	the	DET
cblr-1693	758	56	market	market	NOUN
cblr-1693	758	57	of	of	ADP
cblr-1693	758	58	needed	need	VERB
cblr-1693	758	59	guidance	guidance	NOUN
cblr-1693	758	60	and	and	CCONJ
cblr-1693	758	61	certainty	certainty	NOUN
cblr-1693	758	62	.	.	PUNCT
cblr-1693	759	1	iv	iv	X
cblr-1693	759	2	.	.	PUNCT
cblr-1693	759	3	judicial	judicial	ADJ
cblr-1693	759	4	and	and	CCONJ
cblr-1693	759	5	political	political	ADJ
cblr-1693	759	6	oversight	oversight	NOUN
cblr-1693	759	7	:	:	PUNCT
cblr-1693	759	8	forcing	force	VERB
cblr-1693	759	9	the	the	DET
cblr-1693	759	10	regulator	regulator	NOUN
cblr-1693	759	11	to	to	PART
cblr-1693	759	12	regulate	regulate	VERB
cblr-1693	759	13	unfortunately	unfortunately	ADV
cblr-1693	759	14	,	,	PUNCT
cblr-1693	759	15	convincing	convince	VERB
cblr-1693	759	16	the	the	DET
cblr-1693	759	17	sec	sec	PROPN
cblr-1693	759	18	to	to	PART
cblr-1693	759	19	voluntarily	voluntarily	ADV
cblr-1693	759	20	adopt	adopt	VERB
cblr-1693	759	21	commission	commission	NOUN
cblr-1693	759	22	-	-	PUNCT
cblr-1693	759	23	initiated	initiate	VERB
cblr-1693	759	24	review	review	NOUN
cblr-1693	759	25	may	may	AUX
cblr-1693	759	26	prove	prove	VERB
cblr-1693	759	27	difficult	difficult	ADJ
cblr-1693	759	28	in	in	ADP
cblr-1693	759	29	the	the	DET
cblr-1693	759	30	current	current	ADJ
cblr-1693	759	31	political	political	ADJ
cblr-1693	759	32	climate	climate	NOUN
cblr-1693	759	33	.	.	PUNCT
cblr-1693	760	1	president	president	PROPN
cblr-1693	760	2	donald	donald	PROPN
cblr-1693	760	3	trump	trump	PROPN
cblr-1693	760	4	has	have	AUX
cblr-1693	760	5	expressed	express	VERB
cblr-1693	760	6	disdain	disdain	NOUN
cblr-1693	760	7	for	for	ADP
cblr-1693	760	8	dodd	dodd	PROPN
cblr-1693	760	9	-	-	PUNCT
cblr-1693	760	10	frank	frank	PROPN
cblr-1693	760	11	generally.185	generally.185	PROPN
cblr-1693	760	12	republican	republican	PROPN
cblr-1693	760	13	members	member	NOUN
cblr-1693	760	14	of	of	ADP
cblr-1693	760	15	the	the	DET
cblr-1693	760	16	house	house	NOUN
cblr-1693	760	17	of	of	ADP
cblr-1693	760	18	representatives	representatives	PROPN
cblr-1693	760	19	led	lead	VERB
cblr-1693	760	20	the	the	DET
cblr-1693	760	21	passage	passage	NOUN
cblr-1693	760	22	of	of	ADP
cblr-1693	760	23	a	a	DET
cblr-1693	760	24	2017	2017	NUM
cblr-1693	760	25	bill	bill	NOUN
cblr-1693	760	26	which	which	PRON
cblr-1693	760	27	would	would	AUX
cblr-1693	760	28	roll	roll	VERB
cblr-1693	760	29	back	back	ADP
cblr-1693	760	30	many	many	ADJ
cblr-1693	760	31	of	of	ADP
cblr-1693	760	32	dodd	dodd	PROPN
cblr-1693	760	33	-	-	PUNCT
cblr-1693	760	34	frank	frank	PROPN
cblr-1693	760	35	’s	’s	PART
cblr-1693	760	36	financial	financial	ADJ
cblr-1693	760	37	protections	protection	NOUN
cblr-1693	760	38	;	;	PUNCT
cblr-1693	760	39	a	a	DET
cblr-1693	760	40	more	more	ADV
cblr-1693	760	41	limited	limited	ADJ
cblr-1693	760	42	version	version	NOUN
cblr-1693	760	43	,	,	PUNCT
cblr-1693	760	44	which	which	PRON
cblr-1693	760	45	does	do	AUX
cblr-1693	760	46	not	not	PART
cblr-1693	760	47	reach	reach	VERB
cblr-1693	760	48	the	the	DET
cblr-1693	760	49	central	central	ADJ
cblr-1693	760	50	clearing	clearing	NOUN
cblr-1693	760	51	mandate	mandate	NOUN
cblr-1693	760	52	,	,	PUNCT
cblr-1693	760	53	was	be	AUX
cblr-1693	760	54	eventually	eventually	ADV
cblr-1693	760	55	passed	pass	VERB
cblr-1693	760	56	and	and	CCONJ
cblr-1693	760	57	signed	sign	VERB
cblr-1693	760	58	into	into	ADP
cblr-1693	760	59	law.186	law.186	ADJ
cblr-1693	760	60	the	the	DET
cblr-1693	760	61	treasury	treasury	PROPN
cblr-1693	760	62	department	department	NOUN
cblr-1693	760	63	similarly	similarly	ADV
cblr-1693	760	64	took	take	VERB
cblr-1693	760	65	aim	aim	NOUN
cblr-1693	760	66	at	at	ADP
cblr-1693	760	67	the	the	DET
cblr-1693	760	68	statute	statute	NOUN
cblr-1693	760	69	,	,	PUNCT
cblr-1693	760	70	citing	cite	VERB
cblr-1693	760	71	an	an	DET
cblr-1693	760	72	extended	extended	ADJ
cblr-1693	760	73	period	period	NOUN
cblr-1693	760	74	of	of	ADP
cblr-1693	760	75	slow	slow	ADJ
cblr-1693	760	76	economic	economic	ADJ
cblr-1693	760	77	growth,187	growth,187	PROPN
cblr-1693	760	78	and	and	CCONJ
cblr-1693	760	79	identified	identify	VERB
cblr-1693	760	80	mandated	mandate	VERB
cblr-1693	760	81	clearing	clearing	NOUN
cblr-1693	760	82	of	of	ADP
cblr-1693	760	83	derivatives	derivative	NOUN
cblr-1693	760	84	for	for	ADP
cblr-1693	760	85	reexamination	reexamination	NOUN
cblr-1693	760	86	“	"	PUNCT
cblr-1693	760	87	with	with	SCONJ
cblr-1693	760	88	an	an	DET
cblr-1693	760	89	eye	eye	NOUN
cblr-1693	760	90	toward	toward	ADP
cblr-1693	760	91	184	184	NUM
cblr-1693	760	92	see	see	VERB
cblr-1693	760	93	sec	sec	PROPN
cblr-1693	760	94	process	process	NOUN
cblr-1693	760	95	for	for	ADP
cblr-1693	760	96	submissions	submission	NOUN
cblr-1693	760	97	for	for	ADP
cblr-1693	760	98	review	review	NOUN
cblr-1693	760	99	of	of	ADP
cblr-1693	760	100	security	security	NOUN
cblr-1693	760	101	-	-	PUNCT
cblr-1693	760	102	based	base	VERB
cblr-1693	760	103	swaps	swap	NOUN
cblr-1693	760	104	for	for	ADP
cblr-1693	760	105	mandatory	mandatory	ADJ
cblr-1693	760	106	clearing	clearing	NOUN
cblr-1693	760	107	and	and	CCONJ
cblr-1693	760	108	notice	notice	VERB
cblr-1693	760	109	filing	filing	NOUN
cblr-1693	760	110	requirements	requirement	NOUN
cblr-1693	760	111	for	for	ADP
cblr-1693	760	112	clearing	clear	VERB
cblr-1693	760	113	agencies	agency	NOUN
cblr-1693	760	114	;	;	PUNCT
cblr-1693	760	115	technical	technical	ADJ
cblr-1693	760	116	amendments	amendment	NOUN
cblr-1693	760	117	to	to	PART
cblr-1693	760	118	rule	rule	VERB
cblr-1693	760	119	19b-4	19b-4	NOUN
cblr-1693	760	120	and	and	CCONJ
cblr-1693	760	121	form	form	VERB
cblr-1693	760	122	19b-4	19b-4	NOUN
cblr-1693	760	123	applicable	applicable	ADJ
cblr-1693	760	124	to	to	ADP
cblr-1693	760	125	all	all	DET
cblr-1693	760	126	self	self	NOUN
cblr-1693	760	127	-	-	PUNCT
cblr-1693	760	128	regulatory	regulatory	ADJ
cblr-1693	760	129	organizations	organization	NOUN
cblr-1693	760	130	,	,	PUNCT
cblr-1693	760	131	77	77	NUM
cblr-1693	760	132	fed	fed	PROPN
cblr-1693	760	133	.	.	PUNCT
cblr-1693	761	1	reg	reg	PROPN
cblr-1693	761	2	.	.	PUNCT
cblr-1693	762	1	41,602	41,602	NUM
cblr-1693	762	2	,	,	PUNCT
cblr-1693	762	3	41,616	41,616	NUM
cblr-1693	762	4	(	(	PUNCT
cblr-1693	762	5	july	july	PROPN
cblr-1693	762	6	13	13	NUM
cblr-1693	762	7	,	,	PUNCT
cblr-1693	762	8	2012	2012	NUM
cblr-1693	762	9	)	)	PUNCT
cblr-1693	762	10	(	(	PUNCT
cblr-1693	762	11	to	to	PART
cblr-1693	762	12	be	be	AUX
cblr-1693	762	13	codified	codify	VERB
cblr-1693	762	14	at	at	ADP
cblr-1693	762	15	17	17	NUM
cblr-1693	762	16	c.f.r	c.f.r	NOUN
cblr-1693	762	17	.	.	PUNCT
cblr-1693	763	1	pts	pts	PROPN
cblr-1693	763	2	.	.	PROPN
cblr-1693	763	3	240	240	NUM
cblr-1693	763	4	,	,	PUNCT
cblr-1693	763	5	249	249	NUM
cblr-1693	763	6	)	)	PUNCT
cblr-1693	763	7	.	.	PUNCT
cblr-1693	764	1	185	185	NUM
cblr-1693	764	2	see	see	VERB
cblr-1693	764	3	,	,	PUNCT
cblr-1693	764	4	e.g.	e.g.	ADV
cblr-1693	764	5	,	,	PUNCT
cblr-1693	764	6	donald	donald	PROPN
cblr-1693	764	7	j.	j.	PROPN
cblr-1693	764	8	trump	trump	PROPN
cblr-1693	764	9	(	(	PUNCT
cblr-1693	764	10	@realdonaldtrump	@realdonaldtrump	PROPN
cblr-1693	764	11	)	)	PUNCT
cblr-1693	764	12	,	,	PUNCT
cblr-1693	764	13	twitter	twitter	NOUN
cblr-1693	764	14	(	(	PUNCT
cblr-1693	764	15	june	june	PROPN
cblr-1693	764	16	9	9	NUM
cblr-1693	764	17	,	,	PUNCT
cblr-1693	764	18	2017	2017	NUM
cblr-1693	764	19	,	,	PUNCT
cblr-1693	764	20	7:22	7:22	NUM
cblr-1693	764	21	am	am	NOUN
cblr-1693	764	22	)	)	PUNCT
cblr-1693	764	23	,	,	PUNCT
cblr-1693	764	24	https://twitter.com/realdonaldtrump/status/	https://twitter.com/realdonaldtrump/status/	PROPN
cblr-1693	764	25	873183401620230144	873183401620230144	NUM
cblr-1693	765	1	[	[	X
cblr-1693	765	2	perma.cc/n94z-qk9z	perma.cc/n94z-qk9z	X
cblr-1693	765	3	]	]	X
cblr-1693	765	4	(	(	PUNCT
cblr-1693	765	5	“	"	PUNCT
cblr-1693	765	6	congratulations	congratulation	NOUN
cblr-1693	765	7	to	to	ADP
cblr-1693	765	8	jeb	jeb	PROPN
cblr-1693	765	9	hensarling	hensarling	PROPN
cblr-1693	765	10	&	&	CCONJ
cblr-1693	765	11	republicans	republicans	PROPN
cblr-1693	765	12	on	on	ADP
cblr-1693	765	13	successful	successful	ADJ
cblr-1693	765	14	house	house	NOUN
cblr-1693	765	15	vote	vote	NOUN
cblr-1693	765	16	to	to	PART
cblr-1693	765	17	repeal	repeal	VERB
cblr-1693	765	18	major	major	ADJ
cblr-1693	765	19	parts	part	NOUN
cblr-1693	765	20	of	of	ADP
cblr-1693	765	21	the	the	DET
cblr-1693	765	22	2010	2010	NUM
cblr-1693	765	23	dodd	dodd	PROPN
cblr-1693	765	24	-	-	PUNCT
cblr-1693	765	25	frank	frank	ADJ
cblr-1693	765	26	financial	financial	ADJ
cblr-1693	765	27	law	law	NOUN
cblr-1693	765	28	.	.	PUNCT
cblr-1693	766	1	growth	growth	NOUN
cblr-1693	766	2	!	!	PUNCT
cblr-1693	766	3	”	"	PUNCT
cblr-1693	766	4	)	)	PUNCT
cblr-1693	766	5	.	.	PUNCT
cblr-1693	767	1	186	186	NUM
cblr-1693	767	2	for	for	ADP
cblr-1693	767	3	the	the	DET
cblr-1693	767	4	house	house	NOUN
cblr-1693	767	5	bill	bill	NOUN
cblr-1693	767	6	,	,	PUNCT
cblr-1693	767	7	see	see	VERB
cblr-1693	767	8	financial	financial	ADJ
cblr-1693	767	9	choice	choice	NOUN
cblr-1693	767	10	act	act	NOUN
cblr-1693	767	11	of	of	ADP
cblr-1693	767	12	2017	2017	NUM
cblr-1693	767	13	,	,	PUNCT
cblr-1693	767	14	h.r	h.r	PROPN
cblr-1693	767	15	.	.	PROPN
cblr-1693	767	16	10	10	NUM
cblr-1693	767	17	,	,	PUNCT
cblr-1693	767	18	115th	115th	ADJ
cblr-1693	767	19	cong	cong	NOUN
cblr-1693	767	20	.	.	PUNCT
cblr-1693	768	1	(	(	PUNCT
cblr-1693	768	2	2017	2017	NUM
cblr-1693	768	3	)	)	PUNCT
cblr-1693	768	4	.	.	PUNCT
cblr-1693	769	1	for	for	ADP
cblr-1693	769	2	a	a	DET
cblr-1693	769	3	discussion	discussion	NOUN
cblr-1693	769	4	of	of	ADP
cblr-1693	769	5	the	the	DET
cblr-1693	769	6	law	law	NOUN
cblr-1693	769	7	eventually	eventually	ADV
cblr-1693	769	8	passed	pass	VERB
cblr-1693	769	9	by	by	ADP
cblr-1693	769	10	both	both	DET
cblr-1693	769	11	houses	house	NOUN
cblr-1693	769	12	,	,	PUNCT
cblr-1693	769	13	see	see	VERB
cblr-1693	769	14	alan	alan	PROPN
cblr-1693	769	15	rappeport	rappeport	PROPN
cblr-1693	769	16	&	&	CCONJ
cblr-1693	769	17	emily	emily	PROPN
cblr-1693	769	18	flitter	flitter	PROPN
cblr-1693	769	19	,	,	PUNCT
cblr-1693	769	20	congress	congress	PROPN
cblr-1693	769	21	approves	approve	VERB
cblr-1693	769	22	first	first	ADJ
cblr-1693	769	23	big	big	ADJ
cblr-1693	769	24	dodd	dodd	PROPN
cblr-1693	769	25	-	-	PUNCT
cblr-1693	769	26	frank	frank	PROPN
cblr-1693	769	27	rollback	rollback	PROPN
cblr-1693	769	28	,	,	PUNCT
cblr-1693	769	29	n.y	n.y	PROPN
cblr-1693	769	30	.	.	PROPN
cblr-1693	769	31	times	times	PROPN
cblr-1693	769	32	(	(	PUNCT
cblr-1693	769	33	may	may	PROPN
cblr-1693	769	34	22	22	NUM
cblr-1693	769	35	,	,	PUNCT
cblr-1693	769	36	2018	2018	NUM
cblr-1693	769	37	)	)	PUNCT
cblr-1693	769	38	,	,	PUNCT
cblr-1693	769	39	https://www.nytimes.com/2018/05/22/business/congress-passes-dodd-frankrollback-for-smaller-banks.html	https://www.nytimes.com/2018/05/22/business/congress-passes-dodd-frankrollback-for-smaller-banks.html	PROPN
cblr-1693	769	40	(	(	PUNCT
cblr-1693	769	41	on	on	ADP
cblr-1693	769	42	file	file	NOUN
cblr-1693	769	43	with	with	ADP
cblr-1693	769	44	the	the	DET
cblr-1693	769	45	columbia	columbia	PROPN
cblr-1693	769	46	business	business	PROPN
cblr-1693	769	47	law	law	PROPN
cblr-1693	769	48	review	review	PROPN
cblr-1693	769	49	)	)	PUNCT
cblr-1693	769	50	.	.	PUNCT
cblr-1693	770	1	187	187	NUM
cblr-1693	770	2	press	press	NOUN
cblr-1693	770	3	release	release	NOUN
cblr-1693	770	4	,	,	PUNCT
cblr-1693	770	5	u.s	u.s	PROPN
cblr-1693	770	6	.	.	PROPN
cblr-1693	770	7	dep’t	dep’t	NOUN
cblr-1693	770	8	of	of	ADP
cblr-1693	770	9	the	the	DET
cblr-1693	770	10	treasury	treasury	NOUN
cblr-1693	770	11	,	,	PUNCT
cblr-1693	770	12	treasury	treasury	PROPN
cblr-1693	770	13	releases	release	VERB
cblr-1693	770	14	second	second	ADJ
cblr-1693	770	15	report	report	NOUN
cblr-1693	770	16	on	on	ADP
cblr-1693	770	17	the	the	DET
cblr-1693	770	18	administration	administration	NOUN
cblr-1693	770	19	’s	’s	PART
cblr-1693	770	20	core	core	NOUN
cblr-1693	770	21	principles	principle	NOUN
cblr-1693	770	22	of	of	ADP
cblr-1693	770	23	financial	financial	ADJ
cblr-1693	770	24	regulation	regulation	NOUN
cblr-1693	770	25	(	(	PUNCT
cblr-1693	770	26	oct	oct	PROPN
cblr-1693	770	27	.	.	PROPN
cblr-1693	770	28	6	6	NUM
cblr-1693	770	29	,	,	PUNCT
cblr-1693	770	30	2017	2017	NUM
cblr-1693	770	31	)	)	PUNCT
cblr-1693	770	32	,	,	PUNCT
cblr-1693	770	33	https://www.treasury.gov/press-center/pressreleases/pages/sm0173.aspx	https://www.treasury.gov/press-center/pressreleases/pages/sm0173.aspx	PROPN
cblr-1693	771	1	[	[	X
cblr-1693	771	2	perma.cc/qtz7-rpaa	perma.cc/qtz7-rpaa	X
cblr-1693	771	3	]	]	X
cblr-1693	771	4	.	.	PUNCT
cblr-1693	772	1	no	no	INTJ
cblr-1693	772	2	.	.	PUNCT
cblr-1693	773	1	1:252	1:252	NUM
cblr-1693	773	2	]	]	X
cblr-1693	773	3	to	to	PART
cblr-1693	773	4	clear	clear	ADJ
cblr-1693	773	5	or	or	CCONJ
cblr-1693	773	6	not	not	PART
cblr-1693	773	7	to	to	PART
cblr-1693	773	8	clear	clear	VERB
cblr-1693	773	9	297	297	NUM
cblr-1693	773	10	maximizing	maximize	VERB
cblr-1693	773	11	economic	economic	ADJ
cblr-1693	773	12	growth	growth	NOUN
cblr-1693	773	13	consistent	consistent	ADJ
cblr-1693	773	14	with	with	ADP
cblr-1693	773	15	taxpayer	taxpayer	NOUN
cblr-1693	773	16	protection	protection	NOUN
cblr-1693	773	17	.	.	PUNCT
cblr-1693	774	1	”188	”188	PUNCT
cblr-1693	774	2	while	while	SCONJ
cblr-1693	774	3	democrats	democrat	NOUN
cblr-1693	774	4	now	now	ADV
cblr-1693	774	5	control	control	VERB
cblr-1693	774	6	the	the	DET
cblr-1693	774	7	house	house	NOUN
cblr-1693	774	8	of	of	ADP
cblr-1693	774	9	representatives,189	representatives,189	ADP
cblr-1693	774	10	the	the	DET
cblr-1693	774	11	significant	significant	ADJ
cblr-1693	774	12	uncertainty	uncertainty	NOUN
cblr-1693	774	13	surrounding	surround	VERB
cblr-1693	774	14	dodd	dodd	PROPN
cblr-1693	774	15	-	-	PUNCT
cblr-1693	774	16	frank	frank	PROPN
cblr-1693	774	17	’s	’s	PART
cblr-1693	774	18	status	status	NOUN
cblr-1693	774	19	in	in	ADP
cblr-1693	774	20	the	the	DET
cblr-1693	774	21	current	current	ADJ
cblr-1693	774	22	administration	administration	NOUN
cblr-1693	774	23	makes	make	VERB
cblr-1693	774	24	it	it	PRON
cblr-1693	774	25	doubtful	doubtful	ADJ
cblr-1693	774	26	the	the	DET
cblr-1693	774	27	sec	sec	PROPN
cblr-1693	774	28	will	will	AUX
cblr-1693	774	29	rewrite	rewrite	VERB
cblr-1693	774	30	its	its	PRON
cblr-1693	774	31	approach	approach	NOUN
cblr-1693	774	32	of	of	ADP
cblr-1693	774	33	its	its	PRON
cblr-1693	774	34	own	own	ADJ
cblr-1693	774	35	volition	volition	NOUN
cblr-1693	774	36	,	,	PUNCT
cblr-1693	774	37	regardless	regardless	ADV
cblr-1693	774	38	of	of	ADP
cblr-1693	774	39	how	how	SCONJ
cblr-1693	774	40	crucial	crucial	ADJ
cblr-1693	774	41	such	such	ADJ
cblr-1693	774	42	changes	change	NOUN
cblr-1693	774	43	are	be	AUX
cblr-1693	774	44	to	to	ADP
cblr-1693	774	45	the	the	DET
cblr-1693	774	46	statute	statute	NOUN
cblr-1693	774	47	’s	’s	PART
cblr-1693	774	48	efficacy	efficacy	NOUN
cblr-1693	774	49	.	.	PUNCT
cblr-1693	775	1	despite	despite	SCONJ
cblr-1693	775	2	this	this	DET
cblr-1693	775	3	possible	possible	ADJ
cblr-1693	775	4	resistance	resistance	NOUN
cblr-1693	775	5	,	,	PUNCT
cblr-1693	775	6	private	private	ADJ
cblr-1693	775	7	actors	actor	NOUN
cblr-1693	775	8	may	may	AUX
cblr-1693	775	9	be	be	AUX
cblr-1693	775	10	able	able	ADJ
cblr-1693	775	11	to	to	PART
cblr-1693	775	12	compel	compel	VERB
cblr-1693	775	13	sec	sec	PROPN
cblr-1693	775	14	action	action	NOUN
cblr-1693	775	15	through	through	ADP
cblr-1693	775	16	other	other	ADJ
cblr-1693	775	17	routes	route	NOUN
cblr-1693	775	18	.	.	PUNCT
cblr-1693	776	1	the	the	DET
cblr-1693	776	2	standard	standard	ADJ
cblr-1693	776	3	approach	approach	NOUN
cblr-1693	776	4	to	to	ADP
cblr-1693	776	5	raising	raise	VERB
cblr-1693	776	6	objections	objection	NOUN
cblr-1693	776	7	to	to	ADP
cblr-1693	776	8	agency	agency	NOUN
cblr-1693	776	9	action	action	NOUN
cblr-1693	776	10	(	(	PUNCT
cblr-1693	776	11	or	or	CCONJ
cblr-1693	776	12	,	,	PUNCT
cblr-1693	776	13	in	in	ADP
cblr-1693	776	14	this	this	DET
cblr-1693	776	15	case	case	NOUN
cblr-1693	776	16	,	,	PUNCT
cblr-1693	776	17	lack	lack	NOUN
cblr-1693	776	18	of	of	ADP
cblr-1693	776	19	action	action	NOUN
cblr-1693	776	20	)	)	PUNCT
cblr-1693	776	21	is	be	AUX
cblr-1693	776	22	via	via	ADP
cblr-1693	776	23	suit	suit	NOUN
cblr-1693	776	24	under	under	ADP
cblr-1693	776	25	the	the	DET
cblr-1693	776	26	administrative	administrative	ADJ
cblr-1693	776	27	procedure	procedure	NOUN
cblr-1693	776	28	act.190	act.190	ADJ
cblr-1693	776	29	while	while	SCONJ
cblr-1693	776	30	limited	limited	ADJ
cblr-1693	776	31	precedent	precedent	NOUN
cblr-1693	776	32	may	may	AUX
cblr-1693	776	33	provide	provide	VERB
cblr-1693	776	34	a	a	DET
cblr-1693	776	35	strategic	strategic	ADJ
cblr-1693	776	36	blueprint	blueprint	NOUN
cblr-1693	776	37	for	for	ADP
cblr-1693	776	38	a	a	DET
cblr-1693	776	39	successful	successful	ADJ
cblr-1693	776	40	case	case	NOUN
cblr-1693	776	41	in	in	ADP
cblr-1693	776	42	this	this	DET
cblr-1693	776	43	situation	situation	NOUN
cblr-1693	776	44	,	,	PUNCT
cblr-1693	776	45	potential	potential	ADJ
cblr-1693	776	46	litigants	litigant	NOUN
cblr-1693	776	47	would	would	AUX
cblr-1693	776	48	face	face	VERB
cblr-1693	776	49	significant	significant	ADJ
cblr-1693	776	50	hurdles	hurdle	NOUN
cblr-1693	776	51	both	both	CCONJ
cblr-1693	776	52	on	on	ADP
cblr-1693	776	53	the	the	DET
cblr-1693	776	54	merits	merit	NOUN
cblr-1693	776	55	of	of	ADP
cblr-1693	776	56	the	the	DET
cblr-1693	776	57	argument	argument	NOUN
cblr-1693	776	58	and	and	CCONJ
cblr-1693	776	59	questions	question	NOUN
cblr-1693	776	60	of	of	ADP
cblr-1693	776	61	standing	standing	NOUN
cblr-1693	776	62	,	,	PUNCT
cblr-1693	776	63	so	so	SCONJ
cblr-1693	776	64	litigation	litigation	NOUN
cblr-1693	776	65	may	may	AUX
cblr-1693	776	66	prove	prove	VERB
cblr-1693	776	67	difficult	difficult	ADJ
cblr-1693	776	68	.	.	PUNCT
cblr-1693	777	1	sympathetic	sympathetic	ADJ
cblr-1693	777	2	lawmakers	lawmaker	NOUN
cblr-1693	777	3	,	,	PUNCT
cblr-1693	777	4	who	who	PRON
cblr-1693	777	5	could	could	AUX
cblr-1693	777	6	assert	assert	VERB
cblr-1693	777	7	closer	close	ADJ
cblr-1693	777	8	oversight	oversight	NOUN
cblr-1693	777	9	from	from	ADP
cblr-1693	777	10	their	their	PRON
cblr-1693	777	11	roles	role	NOUN
cblr-1693	777	12	on	on	ADP
cblr-1693	777	13	congressional	congressional	ADJ
cblr-1693	777	14	committees	committee	NOUN
cblr-1693	777	15	and	and	CCONJ
cblr-1693	777	16	relationships	relationship	NOUN
cblr-1693	777	17	with	with	ADP
cblr-1693	777	18	sec	sec	PROPN
cblr-1693	777	19	commissioners	commissioner	NOUN
cblr-1693	777	20	,	,	PUNCT
cblr-1693	777	21	could	could	AUX
cblr-1693	777	22	potentially	potentially	ADV
cblr-1693	777	23	pursue	pursue	VERB
cblr-1693	777	24	a	a	DET
cblr-1693	777	25	more	more	ADV
cblr-1693	777	26	productive	productive	ADJ
cblr-1693	777	27	route	route	NOUN
cblr-1693	777	28	.	.	PUNCT
cblr-1693	778	1	both	both	DET
cblr-1693	778	2	avenues	avenue	NOUN
cblr-1693	778	3	may	may	AUX
cblr-1693	778	4	prove	prove	VERB
cblr-1693	778	5	necessary	necessary	ADJ
cblr-1693	778	6	to	to	PART
cblr-1693	778	7	draw	draw	VERB
cblr-1693	778	8	attention	attention	NOUN
cblr-1693	778	9	to	to	ADP
cblr-1693	778	10	and	and	CCONJ
cblr-1693	778	11	fix	fix	VERB
cblr-1693	778	12	the	the	DET
cblr-1693	778	13	sec	sec	PROPN
cblr-1693	778	14	’s	’s	PART
cblr-1693	778	15	ineffective	ineffective	ADJ
cblr-1693	778	16	regulatory	regulatory	ADJ
cblr-1693	778	17	structure	structure	NOUN
cblr-1693	778	18	.	.	PUNCT
cblr-1693	779	1	a.	a.	PROPN
cblr-1693	779	2	massachusetts	massachusetts	PROPN
cblr-1693	779	3	v.	v.	ADP
cblr-1693	779	4	epa	epa	PROPN
cblr-1693	779	5	:	:	PUNCT
cblr-1693	779	6	a	a	DET
cblr-1693	779	7	framework	framework	NOUN
cblr-1693	779	8	for	for	ADP
cblr-1693	779	9	compelling	compelling	ADJ
cblr-1693	779	10	agency	agency	NOUN
cblr-1693	779	11	action	action	NOUN
cblr-1693	779	12	forcing	force	VERB
cblr-1693	779	13	federal	federal	ADJ
cblr-1693	779	14	agencies	agency	NOUN
cblr-1693	779	15	to	to	PART
cblr-1693	779	16	act	act	VERB
cblr-1693	779	17	when	when	SCONJ
cblr-1693	779	18	they	they	PRON
cblr-1693	779	19	do	do	AUX
cblr-1693	779	20	not	not	PART
cblr-1693	779	21	wish	wish	VERB
cblr-1693	779	22	to	to	PART
cblr-1693	779	23	is	be	AUX
cblr-1693	779	24	a	a	DET
cblr-1693	779	25	particularly	particularly	ADV
cblr-1693	779	26	difficult	difficult	ADJ
cblr-1693	779	27	task	task	NOUN
cblr-1693	779	28	under	under	ADP
cblr-1693	779	29	the	the	DET
cblr-1693	779	30	administrative	administrative	ADJ
cblr-1693	779	31	procedure	procedure	NOUN
cblr-1693	779	32	act	act	NOUN
cblr-1693	779	33	.	.	PUNCT
cblr-1693	780	1	as	as	SCONJ
cblr-1693	780	2	the	the	DET
cblr-1693	780	3	supreme	supreme	PROPN
cblr-1693	780	4	court	court	PROPN
cblr-1693	780	5	has	have	AUX
cblr-1693	780	6	acknowledged	acknowledge	VERB
cblr-1693	780	7	,	,	PUNCT
cblr-1693	780	8	“	"	PUNCT
cblr-1693	780	9	an	an	DET
cblr-1693	780	10	188	188	NUM
cblr-1693	780	11	u.s	u.s	PROPN
cblr-1693	780	12	.	.	PROPN
cblr-1693	780	13	dep’t	dep’t	NOUN
cblr-1693	780	14	of	of	ADP
cblr-1693	780	15	the	the	DET
cblr-1693	780	16	treasury	treasury	NOUN
cblr-1693	780	17	,	,	PUNCT
cblr-1693	780	18	a	a	DET
cblr-1693	780	19	financial	financial	ADJ
cblr-1693	780	20	system	system	NOUN
cblr-1693	780	21	that	that	PRON
cblr-1693	780	22	creates	create	VERB
cblr-1693	780	23	economic	economic	ADJ
cblr-1693	780	24	opportunities	opportunity	NOUN
cblr-1693	780	25	5	5	NUM
cblr-1693	780	26	(	(	PUNCT
cblr-1693	780	27	oct	oct	PROPN
cblr-1693	780	28	.	.	PROPN
cblr-1693	780	29	2017	2017	NUM
cblr-1693	780	30	)	)	PUNCT
cblr-1693	780	31	,	,	PUNCT
cblr-1693	780	32	https://www.treasury.gov/presscenter/press-releases/documents/a-financial-system-capital-marketsfinal-final.pdf	https://www.treasury.gov/presscenter/press-releases/documents/a-financial-system-capital-marketsfinal-final.pdf	NOUN
cblr-1693	781	1	[	[	X
cblr-1693	781	2	perma.cc/v2v8-jyhb	perma.cc/v2v8-jyhb	ADP
cblr-1693	781	3	]	]	PUNCT
cblr-1693	781	4	.	.	PUNCT
cblr-1693	782	1	189	189	NUM
cblr-1693	782	2	see	see	VERB
cblr-1693	782	3	phillip	phillip	PROPN
cblr-1693	782	4	rucker	rucker	PROPN
cblr-1693	782	5	,	,	PUNCT
cblr-1693	782	6	matt	matt	PROPN
cblr-1693	782	7	viser	viser	PROPN
cblr-1693	782	8	,	,	PUNCT
cblr-1693	782	9	elise	elise	PROPN
cblr-1693	782	10	viebeck	viebeck	PROPN
cblr-1693	782	11	&	&	CCONJ
cblr-1693	782	12	issac	issac	PROPN
cblr-1693	782	13	stanleybecker	stanleybecker	PROPN
cblr-1693	782	14	,	,	PUNCT
cblr-1693	782	15	midterm	midterm	NOUN
cblr-1693	782	16	elections	election	NOUN
cblr-1693	782	17	:	:	PUNCT
cblr-1693	782	18	democrats	democrats	PROPN
cblr-1693	782	19	capture	capture	VERB
cblr-1693	782	20	house	house	NOUN
cblr-1693	782	21	as	as	SCONJ
cblr-1693	782	22	gop	gop	PROPN
cblr-1693	782	23	holds	hold	VERB
cblr-1693	782	24	senate	senate	PROPN
cblr-1693	782	25	,	,	PUNCT
cblr-1693	782	26	wash	wash	NOUN
cblr-1693	782	27	.	.	PUNCT
cblr-1693	783	1	post	post	NOUN
cblr-1693	783	2	(	(	PUNCT
cblr-1693	783	3	nov	nov	PROPN
cblr-1693	783	4	.	.	PROPN
cblr-1693	783	5	7	7	NUM
cblr-1693	783	6	,	,	PUNCT
cblr-1693	783	7	2018	2018	NUM
cblr-1693	783	8	)	)	PUNCT
cblr-1693	783	9	,	,	PUNCT
cblr-1693	783	10	https://www.washingtonpost.com	https://www.washingtonpost.com	X
cblr-1693	783	11	/politics	/politic	NOUN
cblr-1693	783	12	/	/	SYM
cblr-1693	783	13	midterm	midterm	NOUN
cblr-1693	783	14	-	-	PUNCT
cblr-1693	783	15	elections	election	NOUN
cblr-1693	783	16	-	-	PUNCT
cblr-1693	783	17	democrats	democrat	NOUN
cblr-1693	783	18	-	-	PUNCT
cblr-1693	783	19	flip	flip	VERB
cblr-1693	783	20	-	-	PUNCT
cblr-1693	783	21	house	house	NOUN
cblr-1693	783	22	-	-	PUNCT
cblr-1693	783	23	as	as	ADP
cblr-1693	783	24	-	-	PUNCT
cblr-1693	783	25	gop	gop	NOUN
cblr-1693	783	26	-	-	PUNCT
cblr-1693	783	27	expands	expand	NOUN
cblr-1693	783	28	-	-	PUNCT
cblr-1693	783	29	senatemajority/2018/11/07/94d62430	senatemajority/2018/11/07/94d62430	NOUN
cblr-1693	783	30	-	-	PUNCT
cblr-1693	783	31	e27d-11e8	e27d-11e8	NOUN
cblr-1693	783	32	-	-	PUNCT
cblr-1693	783	33	8f5f	8f5f	ADV
cblr-1693	783	34	-	-	PUNCT
cblr-1693	783	35	a55347f48762	a55347f48762	NOUN
cblr-1693	783	36	_	_	PUNCT
cblr-1693	783	37	story.html?utm_term=.82b34fb0518f	story.html?utm_term=.82b34fb0518f	NOUN
cblr-1693	784	1	[	[	X
cblr-1693	784	2	perma.cc/e6bl-eh2k	perma.cc/e6bl-eh2k	NOUN
cblr-1693	784	3	]	]	X
cblr-1693	784	4	.	.	PUNCT
cblr-1693	785	1	190	190	NUM
cblr-1693	785	2	see	see	VERB
cblr-1693	785	3	5	5	NUM
cblr-1693	785	4	u.s.c	u.s.c	ADJ
cblr-1693	785	5	.	.	PUNCT
cblr-1693	786	1	§	§	PROPN
cblr-1693	786	2	706	706	NUM
cblr-1693	786	3	(	(	PUNCT
cblr-1693	786	4	2012	2012	NUM
cblr-1693	786	5	)	)	PUNCT
cblr-1693	786	6	(	(	PUNCT
cblr-1693	786	7	defining	define	VERB
cblr-1693	786	8	the	the	DET
cblr-1693	786	9	scope	scope	NOUN
cblr-1693	786	10	of	of	ADP
cblr-1693	786	11	judicial	judicial	ADJ
cblr-1693	786	12	review	review	NOUN
cblr-1693	786	13	under	under	ADP
cblr-1693	786	14	the	the	DET
cblr-1693	786	15	administrative	administrative	ADJ
cblr-1693	786	16	procedure	procedure	NOUN
cblr-1693	786	17	act	act	PROPN
cblr-1693	786	18	)	)	PUNCT
cblr-1693	786	19	.	.	PUNCT
cblr-1693	787	1	298	298	NUM
cblr-1693	787	2	columbia	columbia	PROPN
cblr-1693	787	3	business	business	NOUN
cblr-1693	787	4	law	law	PROPN
cblr-1693	787	5	review	review	NOUN
cblr-1693	787	6	[	[	X
cblr-1693	787	7	vol	vol	NOUN
cblr-1693	787	8	.	.	NOUN
cblr-1693	787	9	2019	2019	NUM
cblr-1693	787	10	agency	agency	NOUN
cblr-1693	787	11	has	have	VERB
cblr-1693	787	12	broad	broad	ADJ
cblr-1693	787	13	discretion	discretion	NOUN
cblr-1693	787	14	to	to	PART
cblr-1693	787	15	choose	choose	VERB
cblr-1693	787	16	how	how	SCONJ
cblr-1693	787	17	best	good	ADJ
cblr-1693	787	18	to	to	PART
cblr-1693	787	19	marshal	marshal	VERB
cblr-1693	787	20	its	its	PRON
cblr-1693	787	21	limited	limited	ADJ
cblr-1693	787	22	resources	resource	NOUN
cblr-1693	787	23	and	and	CCONJ
cblr-1693	787	24	personnel	personnel	NOUN
cblr-1693	787	25	to	to	PART
cblr-1693	787	26	carry	carry	VERB
cblr-1693	787	27	out	out	ADP
cblr-1693	787	28	its	its	PRON
cblr-1693	787	29	delegated	delegate	VERB
cblr-1693	787	30	responsibilities	responsibility	NOUN
cblr-1693	787	31	.	.	PUNCT
cblr-1693	787	32	”191	”191	PUNCT
cblr-1693	787	33	however	however	ADV
cblr-1693	787	34	,	,	PUNCT
cblr-1693	787	35	agency	agency	NOUN
cblr-1693	787	36	refusals	refusal	VERB
cblr-1693	787	37	to	to	PART
cblr-1693	787	38	initiate	initiate	VERB
cblr-1693	787	39	rulemaking	rulemake	VERB
cblr-1693	787	40	remain	remain	VERB
cblr-1693	787	41	subject	subject	ADJ
cblr-1693	787	42	to	to	ADP
cblr-1693	787	43	judicial	judicial	ADJ
cblr-1693	787	44	review	review	NOUN
cblr-1693	787	45	so	so	SCONJ
cblr-1693	787	46	as	as	SCONJ
cblr-1693	787	47	to	to	PART
cblr-1693	787	48	vindicate	vindicate	VERB
cblr-1693	787	49	the	the	DET
cblr-1693	787	50	public	public	NOUN
cblr-1693	787	51	’s	’s	PART
cblr-1693	787	52	rights	right	NOUN
cblr-1693	787	53	to	to	PART
cblr-1693	787	54	file	file	VERB
cblr-1693	787	55	petitions	petition	NOUN
cblr-1693	787	56	for	for	ADP
cblr-1693	787	57	rulemaking	rulemaking	NOUN
cblr-1693	787	58	and	and	CCONJ
cblr-1693	787	59	receive	receive	VERB
cblr-1693	787	60	a	a	DET
cblr-1693	787	61	public	public	ADJ
cblr-1693	787	62	explanation	explanation	NOUN
cblr-1693	787	63	of	of	ADP
cblr-1693	787	64	denials.192	denials.192	PRON
cblr-1693	787	65	this	this	DET
cblr-1693	787	66	judicial	judicial	ADJ
cblr-1693	787	67	review	review	NOUN
cblr-1693	787	68	is	be	AUX
cblr-1693	787	69	“	"	PUNCT
cblr-1693	787	70	‘	'	PUNCT
cblr-1693	787	71	extremely	extremely	ADV
cblr-1693	787	72	limited	limited	ADJ
cblr-1693	787	73	’	'	PUNCT
cblr-1693	787	74	and	and	CCONJ
cblr-1693	787	75	‘	'	PUNCT
cblr-1693	787	76	highly	highly	ADV
cblr-1693	787	77	deferential	deferential	ADJ
cblr-1693	787	78	,	,	PUNCT
cblr-1693	787	79	’	'	PUNCT
cblr-1693	787	80	”	"	PUNCT
cblr-1693	787	81	193	193	NUM
cblr-1693	787	82	making	make	VERB
cblr-1693	787	83	it	it	PRON
cblr-1693	787	84	unlikely	unlikely	ADJ
cblr-1693	787	85	litigation	litigation	NOUN
cblr-1693	787	86	will	will	AUX
cblr-1693	787	87	succeed	succeed	VERB
cblr-1693	787	88	,	,	PUNCT
cblr-1693	787	89	but	but	CCONJ
cblr-1693	787	90	courts	court	NOUN
cblr-1693	787	91	have	have	AUX
cblr-1693	787	92	granted	grant	VERB
cblr-1693	787	93	relief	relief	NOUN
cblr-1693	787	94	where	where	SCONJ
cblr-1693	787	95	the	the	DET
cblr-1693	787	96	failure	failure	NOUN
cblr-1693	787	97	to	to	PART
cblr-1693	787	98	engage	engage	VERB
cblr-1693	787	99	in	in	ADP
cblr-1693	787	100	rulemaking	rulemaking	NOUN
cblr-1693	787	101	is	be	AUX
cblr-1693	787	102	clearly	clearly	ADV
cblr-1693	787	103	in	in	ADP
cblr-1693	787	104	violation	violation	NOUN
cblr-1693	787	105	of	of	ADP
cblr-1693	787	106	congressional	congressional	ADJ
cblr-1693	787	107	instructions	instruction	NOUN
cblr-1693	787	108	.	.	PUNCT
cblr-1693	788	1	the	the	DET
cblr-1693	788	2	paradigm	paradigm	NOUN
cblr-1693	788	3	case	case	NOUN
cblr-1693	788	4	for	for	ADP
cblr-1693	788	5	such	such	ADJ
cblr-1693	788	6	relief	relief	NOUN
cblr-1693	788	7	arose	arise	VERB
cblr-1693	788	8	in	in	ADP
cblr-1693	788	9	massachusetts	massachusetts	PROPN
cblr-1693	788	10	v.	v.	PROPN
cblr-1693	788	11	environmental	environmental	PROPN
cblr-1693	788	12	protection	protection	PROPN
cblr-1693	788	13	agency	agency	PROPN
cblr-1693	788	14	,	,	PUNCT
cblr-1693	788	15	where	where	SCONJ
cblr-1693	788	16	the	the	DET
cblr-1693	788	17	supreme	supreme	PROPN
cblr-1693	788	18	court	court	PROPN
cblr-1693	788	19	required	require	VERB
cblr-1693	788	20	the	the	DET
cblr-1693	788	21	environmental	environmental	PROPN
cblr-1693	788	22	protection	protection	PROPN
cblr-1693	788	23	agency	agency	PROPN
cblr-1693	788	24	(	(	PUNCT
cblr-1693	788	25	the	the	DET
cblr-1693	788	26	“	"	PUNCT
cblr-1693	788	27	epa	epa	NOUN
cblr-1693	788	28	”	"	PUNCT
cblr-1693	788	29	)	)	PUNCT
cblr-1693	788	30	to	to	PART
cblr-1693	788	31	take	take	VERB
cblr-1693	788	32	regulatory	regulatory	ADJ
cblr-1693	788	33	action	action	NOUN
cblr-1693	788	34	because	because	SCONJ
cblr-1693	788	35	the	the	DET
cblr-1693	788	36	clean	clean	PROPN
cblr-1693	788	37	air	air	PROPN
cblr-1693	788	38	act	act	PROPN
cblr-1693	788	39	“	"	PUNCT
cblr-1693	788	40	provides	provide	VERB
cblr-1693	788	41	that	that	PRON
cblr-1693	788	42	epa	epa	PROPN
cblr-1693	788	43	shall	shall	AUX
cblr-1693	788	44	by	by	ADP
cblr-1693	788	45	regulation	regulation	NOUN
cblr-1693	788	46	prescribe	prescribe	NOUN
cblr-1693	788	47	.	.	PUNCT
cblr-1693	788	48	.	.	PUNCT
cblr-1693	789	1	.	.	PUNCT
cblr-1693	790	1	standards	standard	NOUN
cblr-1693	790	2	.	.	PUNCT
cblr-1693	791	1	”194	”194	PUNCT
cblr-1693	792	1	this	this	DET
cblr-1693	792	2	language	language	NOUN
cblr-1693	792	3	obliged	oblige	VERB
cblr-1693	792	4	the	the	DET
cblr-1693	792	5	epa	epa	PROPN
cblr-1693	792	6	to	to	PART
cblr-1693	792	7	release	release	VERB
cblr-1693	792	8	standards	standard	NOUN
cblr-1693	792	9	for	for	ADP
cblr-1693	792	10	air	air	NOUN
cblr-1693	792	11	pollutants	pollutant	NOUN
cblr-1693	792	12	that	that	PRON
cblr-1693	792	13	may	may	AUX
cblr-1693	792	14	negatively	negatively	ADV
cblr-1693	792	15	impact	impact	VERB
cblr-1693	792	16	public	public	ADJ
cblr-1693	792	17	health.195	health.195	NOUN
cblr-1693	792	18	once	once	ADV
cblr-1693	792	19	such	such	DET
cblr-1693	792	20	a	a	DET
cblr-1693	792	21	negative	negative	ADJ
cblr-1693	792	22	impact	impact	NOUN
cblr-1693	792	23	was	be	AUX
cblr-1693	792	24	determined	determine	VERB
cblr-1693	792	25	,	,	PUNCT
cblr-1693	792	26	failing	fail	VERB
cblr-1693	792	27	to	to	PART
cblr-1693	792	28	regulate	regulate	VERB
cblr-1693	792	29	was	be	AUX
cblr-1693	792	30	a	a	DET
cblr-1693	792	31	violation	violation	NOUN
cblr-1693	792	32	of	of	ADP
cblr-1693	792	33	the	the	DET
cblr-1693	792	34	statutory	statutory	ADJ
cblr-1693	792	35	mandate	mandate	NOUN
cblr-1693	792	36	,	,	PUNCT
cblr-1693	792	37	unless	unless	SCONJ
cblr-1693	792	38	the	the	DET
cblr-1693	792	39	epa	epa	PROPN
cblr-1693	792	40	was	be	AUX
cblr-1693	792	41	able	able	ADJ
cblr-1693	792	42	to	to	PART
cblr-1693	792	43	provide	provide	VERB
cblr-1693	792	44	a	a	DET
cblr-1693	792	45	reason	reason	NOUN
cblr-1693	792	46	(	(	PUNCT
cblr-1693	792	47	in	in	ADP
cblr-1693	792	48	light	light	NOUN
cblr-1693	792	49	of	of	ADP
cblr-1693	792	50	the	the	DET
cblr-1693	792	51	statute	statute	NOUN
cblr-1693	792	52	’s	’s	PART
cblr-1693	792	53	text	text	NOUN
cblr-1693	792	54	and	and	CCONJ
cblr-1693	792	55	purposes	purpose	NOUN
cblr-1693	792	56	)	)	PUNCT
cblr-1693	792	57	that	that	SCONJ
cblr-1693	792	58	such	such	ADJ
cblr-1693	792	59	inaction	inaction	NOUN
cblr-1693	792	60	was	be	AUX
cblr-1693	792	61	preferable.196	preferable.196	ADJ
cblr-1693	792	62	although	although	SCONJ
cblr-1693	792	63	the	the	DET
cblr-1693	792	64	epa	epa	PROPN
cblr-1693	792	65	“	"	PUNCT
cblr-1693	792	66	offered	offer	VERB
cblr-1693	792	67	a	a	DET
cblr-1693	792	68	laundry	laundry	ADJ
cblr-1693	792	69	list	list	NOUN
cblr-1693	792	70	of	of	ADP
cblr-1693	792	71	reasons	reason	NOUN
cblr-1693	792	72	not	not	PART
cblr-1693	792	73	to	to	PART
cblr-1693	792	74	regulate	regulate	VERB
cblr-1693	792	75	,	,	PUNCT
cblr-1693	792	76	”	"	PUNCT
cblr-1693	792	77	none	none	NOUN
cblr-1693	792	78	related	relate	VERB
cblr-1693	792	79	to	to	ADP
cblr-1693	792	80	the	the	DET
cblr-1693	792	81	actual	actual	ADJ
cblr-1693	792	82	text	text	NOUN
cblr-1693	792	83	of	of	ADP
cblr-1693	792	84	the	the	DET
cblr-1693	792	85	statute.197	statute.197	NOUN
cblr-1693	792	86	this	this	DET
cblr-1693	792	87	failure	failure	NOUN
cblr-1693	792	88	to	to	PART
cblr-1693	792	89	act	act	VERB
cblr-1693	792	90	in	in	ADP
cblr-1693	792	91	light	light	NOUN
cblr-1693	792	92	of	of	ADP
cblr-1693	792	93	congress	congress	PROPN
cblr-1693	792	94	’	'	PUNCT
cblr-1693	792	95	instructions	instruction	NOUN
cblr-1693	792	96	191	191	NUM
cblr-1693	792	97	see	see	VERB
cblr-1693	792	98	massachusetts	massachusetts	PROPN
cblr-1693	792	99	v.	v.	PROPN
cblr-1693	792	100	envtl	envtl	PROPN
cblr-1693	792	101	.	.	PUNCT
cblr-1693	793	1	prot	prot	NOUN
cblr-1693	793	2	.	.	PUNCT
cblr-1693	794	1	agency	agency	NOUN
cblr-1693	794	2	,	,	PUNCT
cblr-1693	794	3	549	549	NUM
cblr-1693	794	4	u.s	u.s	PROPN
cblr-1693	794	5	.	.	PROPN
cblr-1693	794	6	497	497	NUM
cblr-1693	794	7	,	,	PUNCT
cblr-1693	794	8	527	527	NUM
cblr-1693	794	9	(	(	PUNCT
cblr-1693	794	10	2007	2007	NUM
cblr-1693	794	11	)	)	PUNCT
cblr-1693	794	12	.	.	PUNCT
cblr-1693	795	1	192	192	NUM
cblr-1693	796	1	i	i	PRON
cblr-1693	796	2	d.	d.	PROPN
cblr-1693	796	3	(	(	PUNCT
cblr-1693	796	4	“	"	PUNCT
cblr-1693	796	5	refusals	refusal	NOUN
cblr-1693	796	6	to	to	PART
cblr-1693	796	7	promulgate	promulgate	VERB
cblr-1693	796	8	rules	rule	NOUN
cblr-1693	796	9	are	be	AUX
cblr-1693	796	10	thus	thus	ADV
cblr-1693	796	11	susceptible	susceptible	ADJ
cblr-1693	796	12	to	to	ADP
cblr-1693	796	13	judicial	judicial	ADJ
cblr-1693	796	14	review	review	NOUN
cblr-1693	796	15	[	[	X
cblr-1693	796	16	.	.	X
cblr-1693	796	17	]	]	X
cblr-1693	796	18	”	"	PUNCT
cblr-1693	796	19	)	)	PUNCT
cblr-1693	796	20	.	.	PUNCT
cblr-1693	797	1	193	193	NUM
cblr-1693	798	1	i	i	PRON
cblr-1693	798	2	d.	d.	PROPN
cblr-1693	798	3	at	at	ADP
cblr-1693	798	4	527–28	527–28	PROPN
cblr-1693	798	5	(	(	PUNCT
cblr-1693	798	6	citing	cite	VERB
cblr-1693	798	7	nat’l	nat’l	NOUN
cblr-1693	798	8	customs	customs	PROPN
cblr-1693	798	9	brokers	broker	NOUN
cblr-1693	798	10	&	&	CCONJ
cblr-1693	798	11	forwarders	forwarder	NOUN
cblr-1693	798	12	ass’n	ass’n	VERB
cblr-1693	798	13	.	.	PUNCT
cblr-1693	799	1	of	of	ADP
cblr-1693	799	2	am	am	PROPN
cblr-1693	799	3	.	.	PROPN
cblr-1693	799	4	,	,	PUNCT
cblr-1693	799	5	inc	inc	PROPN
cblr-1693	799	6	.	.	PROPN
cblr-1693	799	7	v.	v.	PROPN
cblr-1693	799	8	united	united	PROPN
cblr-1693	799	9	states	states	PROPN
cblr-1693	799	10	,	,	PUNCT
cblr-1693	799	11	883	883	NUM
cblr-1693	799	12	f.2d	f.2d	NOUN
cblr-1693	799	13	93	93	NUM
cblr-1693	799	14	,	,	PUNCT
cblr-1693	799	15	96	96	NUM
cblr-1693	799	16	(	(	PUNCT
cblr-1693	799	17	d.c	d.c	PROPN
cblr-1693	799	18	.	.	PROPN
cblr-1693	799	19	cir	cir	PROPN
cblr-1693	799	20	.	.	PROPN
cblr-1693	799	21	1989	1989	NUM
cblr-1693	799	22	)	)	PUNCT
cblr-1693	799	23	)	)	PUNCT
cblr-1693	799	24	.	.	PUNCT
cblr-1693	800	1	194	194	NUM
cblr-1693	801	1	i	i	PRON
cblr-1693	801	2	d.	d.	NOUN
cblr-1693	801	3	at	at	ADP
cblr-1693	801	4	528	528	NUM
cblr-1693	801	5	(	(	PUNCT
cblr-1693	801	6	internal	internal	ADJ
cblr-1693	801	7	quotation	quotation	NOUN
cblr-1693	801	8	marks	mark	NOUN
cblr-1693	801	9	omitted	omit	VERB
cblr-1693	801	10	)	)	PUNCT
cblr-1693	801	11	.	.	PUNCT
cblr-1693	802	1	195	195	NUM
cblr-1693	803	1	i	i	NOUN
cblr-1693	803	2	d.	d.	PROPN
cblr-1693	803	3	196	196	NUM
cblr-1693	804	1	i	i	PRON
cblr-1693	804	2	d.	d.	PROPN
cblr-1693	804	3	at	at	ADP
cblr-1693	804	4	532–33	532–33	PROPN
cblr-1693	804	5	(	(	PUNCT
cblr-1693	804	6	“	"	PUNCT
cblr-1693	804	7	while	while	SCONJ
cblr-1693	804	8	the	the	DET
cblr-1693	804	9	statute	statute	NOUN
cblr-1693	804	10	does	do	AUX
cblr-1693	804	11	condition	condition	VERB
cblr-1693	804	12	the	the	DET
cblr-1693	804	13	exercise	exercise	NOUN
cblr-1693	804	14	of	of	ADP
cblr-1693	804	15	epa	epa	PROPN
cblr-1693	804	16	’s	’s	PART
cblr-1693	804	17	authority	authority	NOUN
cblr-1693	804	18	on	on	ADP
cblr-1693	804	19	its	its	PRON
cblr-1693	804	20	formation	formation	NOUN
cblr-1693	804	21	of	of	ADP
cblr-1693	804	22	a	a	DET
cblr-1693	804	23	‘	'	PUNCT
cblr-1693	804	24	judgment	judgment	NOUN
cblr-1693	804	25	,	,	PUNCT
cblr-1693	804	26	’	'	PUNCT
cblr-1693	804	27	.	.	PUNCT
cblr-1693	804	28	.	.	PUNCT
cblr-1693	804	29	.	.	PUNCT
cblr-1693	805	1	that	that	DET
cblr-1693	805	2	judgment	judgment	NOUN
cblr-1693	805	3	must	must	AUX
cblr-1693	805	4	relate	relate	VERB
cblr-1693	805	5	to	to	ADP
cblr-1693	805	6	whether	whether	SCONJ
cblr-1693	805	7	an	an	DET
cblr-1693	805	8	air	air	NOUN
cblr-1693	805	9	pollutant	pollutant	ADJ
cblr-1693	805	10	‘	'	PUNCT
cblr-1693	805	11	cause[s	cause[s	NOUN
cblr-1693	805	12	]	]	PUNCT
cblr-1693	805	13	,	,	PUNCT
cblr-1693	805	14	or	or	CCONJ
cblr-1693	805	15	contribute[s	contribute[	NOUN
cblr-1693	805	16	]	]	PUNCT
cblr-1693	805	17	to	to	ADP
cblr-1693	805	18	,	,	PUNCT
cblr-1693	805	19	air	air	NOUN
cblr-1693	805	20	pollution	pollution	NOUN
cblr-1693	805	21	which	which	PRON
cblr-1693	805	22	may	may	AUX
cblr-1693	805	23	reasonably	reasonably	ADV
cblr-1693	805	24	be	be	AUX
cblr-1693	805	25	anticipated	anticipate	VERB
cblr-1693	805	26	to	to	PART
cblr-1693	805	27	endanger	endanger	VERB
cblr-1693	805	28	public	public	ADJ
cblr-1693	805	29	health	health	NOUN
cblr-1693	805	30	or	or	CCONJ
cblr-1693	805	31	welfare	welfare	NOUN
cblr-1693	805	32	,	,	PUNCT
cblr-1693	805	33	’	'	PUNCT
cblr-1693	805	34	.	.	PUNCT
cblr-1693	805	35	.	.	PUNCT
cblr-1693	805	36	.	.	PUNCT
cblr-1693	806	1	.	.	PUNCT
cblr-1693	807	1	put	put	VERB
cblr-1693	807	2	another	another	DET
cblr-1693	807	3	way	way	NOUN
cblr-1693	807	4	,	,	PUNCT
cblr-1693	807	5	the	the	DET
cblr-1693	807	6	use	use	NOUN
cblr-1693	807	7	of	of	ADP
cblr-1693	807	8	the	the	DET
cblr-1693	807	9	word	word	NOUN
cblr-1693	807	10	‘	'	PUNCT
cblr-1693	807	11	judgment	judgment	NOUN
cblr-1693	807	12	’	'	PUNCT
cblr-1693	807	13	is	be	AUX
cblr-1693	807	14	not	not	PART
cblr-1693	807	15	a	a	DET
cblr-1693	807	16	roving	rove	VERB
cblr-1693	807	17	license	license	NOUN
cblr-1693	807	18	to	to	PART
cblr-1693	807	19	ignore	ignore	VERB
cblr-1693	807	20	the	the	DET
cblr-1693	807	21	statutory	statutory	ADJ
cblr-1693	807	22	text	text	NOUN
cblr-1693	807	23	.	.	PUNCT
cblr-1693	808	1	it	it	PRON
cblr-1693	808	2	is	be	AUX
cblr-1693	808	3	but	but	CCONJ
cblr-1693	808	4	a	a	DET
cblr-1693	808	5	direction	direction	NOUN
cblr-1693	808	6	to	to	PART
cblr-1693	808	7	exercise	exercise	VERB
cblr-1693	808	8	discretion	discretion	NOUN
cblr-1693	808	9	within	within	ADP
cblr-1693	808	10	defined	define	VERB
cblr-1693	808	11	statutory	statutory	ADJ
cblr-1693	808	12	limits	limit	NOUN
cblr-1693	808	13	.	.	PUNCT
cblr-1693	808	14	”	"	PUNCT
cblr-1693	808	15	)	)	PUNCT
cblr-1693	808	16	.	.	PUNCT
cblr-1693	809	1	197	197	NUM
cblr-1693	810	1	i	i	PRON
cblr-1693	810	2	d.	d.	PROPN
cblr-1693	810	3	at	at	ADP
cblr-1693	810	4	533–34	533–34	PROPN
cblr-1693	810	5	(	(	PUNCT
cblr-1693	810	6	“	"	PUNCT
cblr-1693	810	7	although	although	SCONJ
cblr-1693	810	8	we	we	PRON
cblr-1693	810	9	have	have	VERB
cblr-1693	810	10	neither	neither	CCONJ
cblr-1693	810	11	the	the	DET
cblr-1693	810	12	expertise	expertise	NOUN
cblr-1693	810	13	nor	nor	CCONJ
cblr-1693	810	14	the	the	DET
cblr-1693	810	15	authority	authority	NOUN
cblr-1693	810	16	to	to	PART
cblr-1693	810	17	evaluate	evaluate	VERB
cblr-1693	810	18	these	these	DET
cblr-1693	810	19	policy	policy	NOUN
cblr-1693	810	20	judgments	judgment	NOUN
cblr-1693	810	21	,	,	PUNCT
cblr-1693	810	22	it	it	PRON
cblr-1693	810	23	is	be	AUX
cblr-1693	810	24	evident	evident	ADJ
cblr-1693	810	25	they	they	PRON
cblr-1693	810	26	have	have	VERB
cblr-1693	810	27	nothing	nothing	PRON
cblr-1693	810	28	no	no	INTJ
cblr-1693	810	29	.	.	PUNCT
cblr-1693	811	1	1:252	1:252	NUM
cblr-1693	811	2	]	]	X
cblr-1693	811	3	to	to	PART
cblr-1693	811	4	clear	clear	ADJ
cblr-1693	811	5	or	or	CCONJ
cblr-1693	811	6	not	not	PART
cblr-1693	811	7	to	to	PART
cblr-1693	811	8	clear	clear	VERB
cblr-1693	811	9	299	299	NUM
cblr-1693	811	10	amounted	amount	VERB
cblr-1693	811	11	to	to	ADP
cblr-1693	811	12	an	an	DET
cblr-1693	811	13	executive	executive	ADJ
cblr-1693	811	14	“	"	PUNCT
cblr-1693	811	15	refusal	refusal	NOUN
cblr-1693	811	16	to	to	PART
cblr-1693	811	17	execute	execute	VERB
cblr-1693	811	18	domestic	domestic	ADJ
cblr-1693	811	19	laws	law	NOUN
cblr-1693	811	20	.	.	PUNCT
cblr-1693	812	1	”198	”198	VERB
cblr-1693	813	1	despite	despite	SCONJ
cblr-1693	813	2	the	the	DET
cblr-1693	813	3	permissive	permissive	ADJ
cblr-1693	813	4	standard	standard	NOUN
cblr-1693	813	5	of	of	ADP
cblr-1693	813	6	review	review	NOUN
cblr-1693	813	7	applied	apply	VERB
cblr-1693	813	8	to	to	ADP
cblr-1693	813	9	agency	agency	NOUN
cblr-1693	813	10	inaction	inaction	NOUN
cblr-1693	813	11	,	,	PUNCT
cblr-1693	813	12	courts	court	NOUN
cblr-1693	813	13	may	may	AUX
cblr-1693	813	14	come	come	VERB
cblr-1693	813	15	to	to	ADP
cblr-1693	813	16	a	a	DET
cblr-1693	813	17	similar	similar	ADJ
cblr-1693	813	18	conclusion	conclusion	NOUN
cblr-1693	813	19	regarding	regard	VERB
cblr-1693	813	20	the	the	DET
cblr-1693	813	21	sec	sec	PROPN
cblr-1693	813	22	’s	’s	PART
cblr-1693	813	23	refusal	refusal	NOUN
cblr-1693	813	24	to	to	PART
cblr-1693	813	25	conduct	conduct	VERB
cblr-1693	813	26	commission	commission	NOUN
cblr-1693	813	27	-	-	PUNCT
cblr-1693	813	28	initiated	initiate	VERB
cblr-1693	813	29	review	review	NOUN
cblr-1693	813	30	.	.	PUNCT
cblr-1693	814	1	dodd	dodd	PROPN
cblr-1693	814	2	-	-	PUNCT
cblr-1693	814	3	frank	frank	PROPN
cblr-1693	814	4	states	states	PROPN
cblr-1693	814	5	that	that	SCONJ
cblr-1693	814	6	the	the	DET
cblr-1693	814	7	sec	sec	PROPN
cblr-1693	814	8	“	"	PUNCT
cblr-1693	814	9	on	on	ADP
cblr-1693	814	10	an	an	DET
cblr-1693	814	11	ongoing	ongoing	ADJ
cblr-1693	814	12	basis	basis	NOUN
cblr-1693	814	13	shall	shall	AUX
cblr-1693	814	14	review	review	VERB
cblr-1693	814	15	each	each	DET
cblr-1693	814	16	security	security	NOUN
cblr-1693	814	17	-	-	PUNCT
cblr-1693	814	18	based	base	VERB
cblr-1693	814	19	swap	swap	NOUN
cblr-1693	814	20	.	.	PUNCT
cblr-1693	814	21	.	.	PUNCT
cblr-1693	814	22	.	.	PUNCT
cblr-1693	815	1	to	to	PART
cblr-1693	815	2	make	make	VERB
cblr-1693	815	3	a	a	DET
cblr-1693	815	4	determination	determination	NOUN
cblr-1693	815	5	that	that	SCONJ
cblr-1693	815	6	such	such	ADJ
cblr-1693	815	7	security	security	NOUN
cblr-1693	815	8	-	-	PUNCT
cblr-1693	815	9	based	base	VERB
cblr-1693	815	10	swap	swap	NOUN
cblr-1693	815	11	.	.	PUNCT
cblr-1693	815	12	.	.	PUNCT
cblr-1693	816	1	.	.	PUNCT
cblr-1693	817	1	should	should	AUX
cblr-1693	817	2	be	be	AUX
cblr-1693	817	3	required	require	VERB
cblr-1693	817	4	to	to	PART
cblr-1693	817	5	be	be	AUX
cblr-1693	817	6	cleared	clear	VERB
cblr-1693	817	7	.	.	PUNCT
cblr-1693	818	1	”199	”199	PROPN
cblr-1693	818	2	congress	congress	PROPN
cblr-1693	818	3	’	'	PUNCT
cblr-1693	818	4	intent	intent	NOUN
cblr-1693	818	5	is	be	AUX
cblr-1693	818	6	clear	clear	ADJ
cblr-1693	818	7	—	—	PUNCT
cblr-1693	818	8	the	the	DET
cblr-1693	818	9	sec	sec	PROPN
cblr-1693	818	10	must	must	AUX
cblr-1693	818	11	review	review	VERB
cblr-1693	818	12	every	every	DET
cblr-1693	818	13	product	product	NOUN
cblr-1693	818	14	type	type	NOUN
cblr-1693	818	15	within	within	ADP
cblr-1693	818	16	its	its	PRON
cblr-1693	818	17	jurisdiction	jurisdiction	NOUN
cblr-1693	818	18	and	and	CCONJ
cblr-1693	818	19	make	make	VERB
cblr-1693	818	20	a	a	DET
cblr-1693	818	21	clearing	clearing	NOUN
cblr-1693	818	22	mandate	mandate	NOUN
cblr-1693	818	23	determination	determination	NOUN
cblr-1693	818	24	for	for	ADP
cblr-1693	818	25	each	each	PRON
cblr-1693	818	26	.	.	PUNCT
cblr-1693	819	1	since	since	SCONJ
cblr-1693	819	2	the	the	DET
cblr-1693	819	3	regulatory	regulatory	ADJ
cblr-1693	819	4	strategy	strategy	NOUN
cblr-1693	819	5	established	establish	VERB
cblr-1693	819	6	in	in	ADP
cblr-1693	819	7	the	the	DET
cblr-1693	819	8	sec	sec	PROPN
cblr-1693	819	9	process	process	NOUN
cblr-1693	819	10	rule	rule	NOUN
cblr-1693	819	11	will	will	AUX
cblr-1693	819	12	fail	fail	VERB
cblr-1693	819	13	to	to	PART
cblr-1693	819	14	do	do	VERB
cblr-1693	819	15	so	so	ADV
cblr-1693	819	16	the	the	DET
cblr-1693	819	17	agency	agency	NOUN
cblr-1693	819	18	is	be	AUX
cblr-1693	819	19	in	in	ADP
cblr-1693	819	20	violation	violation	NOUN
cblr-1693	819	21	of	of	ADP
cblr-1693	819	22	the	the	DET
cblr-1693	819	23	statutory	statutory	ADJ
cblr-1693	819	24	mandate.200	mandate.200	PROPN
cblr-1693	819	25	the	the	DET
cblr-1693	819	26	sec	sec	PROPN
cblr-1693	819	27	may	may	AUX
cblr-1693	819	28	argue	argue	VERB
cblr-1693	819	29	that	that	SCONJ
cblr-1693	819	30	dodd	dodd	PROPN
cblr-1693	819	31	-	-	PUNCT
cblr-1693	819	32	frank	frank	PROPN
cblr-1693	819	33	,	,	PUNCT
cblr-1693	819	34	unlike	unlike	ADP
cblr-1693	819	35	the	the	DET
cblr-1693	819	36	clean	clean	PROPN
cblr-1693	819	37	air	air	PROPN
cblr-1693	819	38	act	act	PROPN
cblr-1693	819	39	,	,	PUNCT
cblr-1693	819	40	does	do	AUX
cblr-1693	819	41	not	not	PART
cblr-1693	819	42	require	require	VERB
cblr-1693	819	43	it	it	PRON
cblr-1693	819	44	act	act	VERB
cblr-1693	819	45	“	"	PUNCT
cblr-1693	819	46	by	by	ADP
cblr-1693	819	47	regulation,”201	regulation,”201	NOUN
cblr-1693	819	48	and	and	CCONJ
cblr-1693	819	49	therefore	therefore	ADV
cblr-1693	819	50	its	its	PRON
cblr-1693	819	51	note	note	NOUN
cblr-1693	819	52	in	in	ADP
cblr-1693	819	53	the	the	DET
cblr-1693	819	54	sec	sec	PROPN
cblr-1693	819	55	process	process	NOUN
cblr-1693	819	56	rule	rule	NOUN
cblr-1693	819	57	that	that	SCONJ
cblr-1693	819	58	it	it	PRON
cblr-1693	819	59	would	would	AUX
cblr-1693	819	60	not	not	PART
cblr-1693	819	61	initiate	initiate	VERB
cblr-1693	819	62	rulemaking	rulemaking	NOUN
cblr-1693	819	63	is	be	AUX
cblr-1693	819	64	not	not	PART
cblr-1693	819	65	a	a	DET
cblr-1693	819	66	violation	violation	NOUN
cblr-1693	819	67	of	of	ADP
cblr-1693	819	68	the	the	DET
cblr-1693	819	69	statute.202	statute.202	PROPN
cblr-1693	819	70	however	however	ADV
cblr-1693	819	71	,	,	PUNCT
cblr-1693	819	72	as	as	SCONJ
cblr-1693	819	73	the	the	DET
cblr-1693	819	74	supreme	supreme	PROPN
cblr-1693	819	75	court	court	PROPN
cblr-1693	819	76	noted	note	VERB
cblr-1693	819	77	,	,	PUNCT
cblr-1693	819	78	“	"	PUNCT
cblr-1693	819	79	agency	agency	NOUN
cblr-1693	819	80	refusals	refusal	VERB
cblr-1693	819	81	to	to	PART
cblr-1693	819	82	initiate	initiate	VERB
cblr-1693	819	83	rulemaking	rulemaking	NOUN
cblr-1693	819	84	are	be	AUX
cblr-1693	819	85	.	.	PUNCT
cblr-1693	819	86	.	.	PUNCT
cblr-1693	819	87	.	.	PUNCT
cblr-1693	820	1	subject	subject	ADJ
cblr-1693	820	2	to	to	ADP
cblr-1693	820	3	special	special	ADJ
cblr-1693	820	4	formalities	formality	NOUN
cblr-1693	820	5	,	,	PUNCT
cblr-1693	820	6	including	include	VERB
cblr-1693	820	7	a	a	DET
cblr-1693	820	8	public	public	ADJ
cblr-1693	820	9	explanation	explanation	NOUN
cblr-1693	820	10	.	.	PUNCT
cblr-1693	820	11	”203	”203	PUNCT
cblr-1693	821	1	the	the	DET
cblr-1693	821	2	epa	epa	PROPN
cblr-1693	821	3	failed	fail	VERB
cblr-1693	821	4	to	to	PART
cblr-1693	821	5	justify	justify	VERB
cblr-1693	821	6	how	how	SCONJ
cblr-1693	821	7	its	its	PRON
cblr-1693	821	8	failure	failure	NOUN
cblr-1693	821	9	to	to	PART
cblr-1693	821	10	act	act	VERB
cblr-1693	821	11	,	,	PUNCT
cblr-1693	821	12	despite	despite	SCONJ
cblr-1693	821	13	clear	clear	ADJ
cblr-1693	821	14	instruction	instruction	NOUN
cblr-1693	821	15	from	from	ADP
cblr-1693	821	16	congress	congress	PROPN
cblr-1693	821	17	,	,	PUNCT
cblr-1693	821	18	would	would	AUX
cblr-1693	821	19	promote	promote	VERB
cblr-1693	821	20	the	the	DET
cblr-1693	821	21	purposes	purpose	NOUN
cblr-1693	821	22	congress	congress	PROPN
cblr-1693	821	23	provided	provide	VERB
cblr-1693	821	24	.	.	PUNCT
cblr-1693	822	1	the	the	DET
cblr-1693	822	2	sec	sec	PROPN
cblr-1693	822	3	’s	’s	PART
cblr-1693	822	4	approach	approach	NOUN
cblr-1693	822	5	is	be	AUX
cblr-1693	822	6	even	even	ADV
cblr-1693	822	7	more	more	ADV
cblr-1693	822	8	egregious	egregious	ADJ
cblr-1693	822	9	:	:	PUNCT
cblr-1693	822	10	it	it	PRON
cblr-1693	822	11	has	have	AUX
cblr-1693	822	12	failed	fail	VERB
cblr-1693	822	13	to	to	PART
cblr-1693	822	14	provide	provide	VERB
cblr-1693	822	15	any	any	DET
cblr-1693	822	16	explanation	explanation	NOUN
cblr-1693	822	17	of	of	ADP
cblr-1693	822	18	its	its	PRON
cblr-1693	822	19	approach	approach	NOUN
cblr-1693	822	20	to	to	ADP
cblr-1693	822	21	commission	commission	NOUN
cblr-1693	822	22	-	-	PUNCT
cblr-1693	822	23	initiated	initiate	VERB
cblr-1693	822	24	review	review	NOUN
cblr-1693	822	25	,	,	PUNCT
cblr-1693	822	26	whether	whether	SCONJ
cblr-1693	822	27	in	in	ADP
cblr-1693	822	28	light	light	NOUN
cblr-1693	822	29	of	of	ADP
cblr-1693	822	30	dodd	dodd	PROPN
cblr-1693	822	31	-	-	PUNCT
cblr-1693	822	32	frank	frank	PROPN
cblr-1693	822	33	’s	’s	PART
cblr-1693	822	34	goals	goal	NOUN
cblr-1693	822	35	and	and	CCONJ
cblr-1693	822	36	instructions	instruction	NOUN
cblr-1693	822	37	or	or	CCONJ
cblr-1693	822	38	to	to	PART
cblr-1693	822	39	do	do	VERB
cblr-1693	822	40	with	with	ADP
cblr-1693	822	41	whether	whether	SCONJ
cblr-1693	822	42	greenhouse	greenhouse	NOUN
cblr-1693	822	43	gas	gas	NOUN
cblr-1693	822	44	emissions	emission	NOUN
cblr-1693	822	45	contribute	contribute	VERB
cblr-1693	822	46	to	to	ADP
cblr-1693	822	47	climate	climate	NOUN
cblr-1693	822	48	change	change	NOUN
cblr-1693	822	49	.	.	PUNCT
cblr-1693	823	1	still	still	ADV
cblr-1693	823	2	less	less	ADV
cblr-1693	823	3	do	do	AUX
cblr-1693	823	4	they	they	PRON
cblr-1693	823	5	amount	amount	VERB
cblr-1693	823	6	to	to	ADP
cblr-1693	823	7	a	a	DET
cblr-1693	823	8	reasoned	reason	VERB
cblr-1693	823	9	justification	justification	NOUN
cblr-1693	823	10	for	for	ADP
cblr-1693	823	11	declining	decline	VERB
cblr-1693	823	12	to	to	PART
cblr-1693	823	13	form	form	VERB
cblr-1693	823	14	a	a	DET
cblr-1693	823	15	scientific	scientific	ADJ
cblr-1693	823	16	judgment	judgment	NOUN
cblr-1693	823	17	.	.	PUNCT
cblr-1693	823	18	”	"	PUNCT
cblr-1693	823	19	)	)	PUNCT
cblr-1693	823	20	.	.	PUNCT
cblr-1693	824	1	198	198	NUM
cblr-1693	825	1	i	i	PRON
cblr-1693	825	2	d.	d.	PROPN
cblr-1693	825	3	at	at	ADP
cblr-1693	825	4	534	534	NUM
cblr-1693	825	5	.	.	PUNCT
cblr-1693	826	1	199	199	NUM
cblr-1693	826	2	15	15	NUM
cblr-1693	826	3	u.s.c	u.s.c	NOUN
cblr-1693	826	4	.	.	PUNCT
cblr-1693	827	1	§	§	PROPN
cblr-1693	827	2	78c-3(b)(1)(a	78c-3(b)(1)(a	NUM
cblr-1693	827	3	)	)	PUNCT
cblr-1693	827	4	(	(	PUNCT
cblr-1693	827	5	2012	2012	NUM
cblr-1693	827	6	)	)	PUNCT
cblr-1693	827	7	(	(	PUNCT
cblr-1693	827	8	emphasis	emphasis	NOUN
cblr-1693	827	9	added	add	VERB
cblr-1693	827	10	)	)	PUNCT
cblr-1693	827	11	.	.	PUNCT
cblr-1693	828	1	200	200	NUM
cblr-1693	828	2	see	see	VERB
cblr-1693	828	3	supra	supra	PROPN
cblr-1693	828	4	part	part	PROPN
cblr-1693	828	5	iii	iii	PROPN
cblr-1693	828	6	.	.	PROPN
cblr-1693	828	7	201	201	NUM
cblr-1693	828	8	see	see	VERB
cblr-1693	828	9	clean	clean	ADJ
cblr-1693	828	10	air	air	PROPN
cblr-1693	828	11	act	act	PROPN
cblr-1693	828	12	,	,	PUNCT
cblr-1693	828	13	42	42	NUM
cblr-1693	828	14	u.s.c	u.s.c	ADJ
cblr-1693	828	15	.	.	PUNCT
cblr-1693	829	1	§	§	PROPN
cblr-1693	829	2	7521	7521	NUM
cblr-1693	829	3	(	(	PUNCT
cblr-1693	829	4	2012	2012	NUM
cblr-1693	829	5	)	)	PUNCT
cblr-1693	829	6	.	.	PUNCT
cblr-1693	830	1	202	202	NUM
cblr-1693	830	2	see	see	VERB
cblr-1693	830	3	process	process	NOUN
cblr-1693	830	4	for	for	ADP
cblr-1693	830	5	submissions	submission	NOUN
cblr-1693	830	6	for	for	ADP
cblr-1693	830	7	review	review	NOUN
cblr-1693	830	8	of	of	ADP
cblr-1693	830	9	security	security	NOUN
cblr-1693	830	10	-	-	PUNCT
cblr-1693	830	11	based	base	VERB
cblr-1693	830	12	swaps	swap	NOUN
cblr-1693	830	13	for	for	ADP
cblr-1693	830	14	mandatory	mandatory	ADJ
cblr-1693	830	15	clearing	clearing	NOUN
cblr-1693	830	16	and	and	CCONJ
cblr-1693	830	17	notice	notice	VERB
cblr-1693	830	18	filing	filing	NOUN
cblr-1693	830	19	requirements	requirement	NOUN
cblr-1693	830	20	for	for	ADP
cblr-1693	830	21	clearing	clear	VERB
cblr-1693	830	22	agencies	agency	NOUN
cblr-1693	830	23	;	;	PUNCT
cblr-1693	830	24	technical	technical	ADJ
cblr-1693	830	25	amendments	amendment	NOUN
cblr-1693	830	26	to	to	PART
cblr-1693	830	27	rule	rule	VERB
cblr-1693	830	28	19b-4	19b-4	NOUN
cblr-1693	830	29	and	and	CCONJ
cblr-1693	830	30	form	form	VERB
cblr-1693	830	31	19b-4	19b-4	NOUN
cblr-1693	830	32	applicable	applicable	ADJ
cblr-1693	830	33	to	to	ADP
cblr-1693	830	34	all	all	DET
cblr-1693	830	35	selfregulatory	selfregulatory	ADJ
cblr-1693	830	36	organizations	organization	NOUN
cblr-1693	830	37	,	,	PUNCT
cblr-1693	830	38	77	77	NUM
cblr-1693	830	39	fed	fed	PROPN
cblr-1693	830	40	.	.	PUNCT
cblr-1693	831	1	reg	reg	PROPN
cblr-1693	831	2	.	.	PUNCT
cblr-1693	832	1	41,602	41,602	NUM
cblr-1693	832	2	,	,	PUNCT
cblr-1693	832	3	41,604	41,604	NUM
cblr-1693	832	4	n.16	n.16	PROPN
cblr-1693	832	5	(	(	PUNCT
cblr-1693	832	6	july	july	PROPN
cblr-1693	832	7	13	13	NUM
cblr-1693	832	8	,	,	PUNCT
cblr-1693	832	9	2012	2012	NUM
cblr-1693	832	10	)	)	PUNCT
cblr-1693	832	11	(	(	PUNCT
cblr-1693	832	12	to	to	PART
cblr-1693	832	13	be	be	AUX
cblr-1693	832	14	codified	codify	VERB
cblr-1693	832	15	at	at	ADP
cblr-1693	832	16	12	12	NUM
cblr-1693	832	17	c.f.r	c.f.r	NOUN
cblr-1693	832	18	.	.	PUNCT
cblr-1693	833	1	pts	pts	PROPN
cblr-1693	833	2	.	.	PROPN
cblr-1693	833	3	240	240	NUM
cblr-1693	833	4	,	,	PUNCT
cblr-1693	833	5	249	249	NUM
cblr-1693	833	6	)	)	PUNCT
cblr-1693	833	7	.	.	PUNCT
cblr-1693	834	1	203	203	NUM
cblr-1693	834	2	massachusetts	massachusetts	PROPN
cblr-1693	834	3	v.	v.	ADP
cblr-1693	834	4	epa	epa	PROPN
cblr-1693	834	5	,	,	PUNCT
cblr-1693	834	6	549	549	NUM
cblr-1693	834	7	u.s	u.s	PROPN
cblr-1693	834	8	.	.	PROPN
cblr-1693	834	9	at	at	ADP
cblr-1693	834	10	527	527	NUM
cblr-1693	834	11	(	(	PUNCT
cblr-1693	834	12	internal	internal	ADJ
cblr-1693	834	13	quotation	quotation	NOUN
cblr-1693	834	14	marks	mark	NOUN
cblr-1693	834	15	omitted	omit	VERB
cblr-1693	834	16	)	)	PUNCT
cblr-1693	834	17	.	.	PUNCT
cblr-1693	835	1	300	300	NUM
cblr-1693	835	2	columbia	columbia	PROPN
cblr-1693	835	3	business	business	NOUN
cblr-1693	835	4	law	law	PROPN
cblr-1693	835	5	review	review	NOUN
cblr-1693	835	6	[	[	X
cblr-1693	835	7	vol	vol	NOUN
cblr-1693	835	8	.	.	PUNCT
cblr-1693	835	9	2019	2019	NUM
cblr-1693	835	10	otherwise	otherwise	ADV
cblr-1693	835	11	.	.	PUNCT
cblr-1693	836	1	the	the	DET
cblr-1693	836	2	sec	sec	PROPN
cblr-1693	836	3	process	process	NOUN
cblr-1693	836	4	rule	rule	NOUN
cblr-1693	836	5	provided	provide	VERB
cblr-1693	836	6	no	no	DET
cblr-1693	836	7	response	response	NOUN
cblr-1693	836	8	to	to	ADP
cblr-1693	836	9	the	the	DET
cblr-1693	836	10	discussions	discussion	NOUN
cblr-1693	836	11	in	in	ADP
cblr-1693	836	12	part	part	NOUN
cblr-1693	836	13	iii	iii	NOUN
cblr-1693	836	14	of	of	ADP
cblr-1693	836	15	this	this	DET
cblr-1693	836	16	note	note	NOUN
cblr-1693	836	17	regarding	regard	VERB
cblr-1693	836	18	the	the	DET
cblr-1693	836	19	nature	nature	NOUN
cblr-1693	836	20	of	of	ADP
cblr-1693	836	21	security	security	NOUN
cblr-1693	836	22	-	-	PUNCT
cblr-1693	836	23	based	base	VERB
cblr-1693	836	24	swaps	swap	NOUN
cblr-1693	836	25	products	product	NOUN
cblr-1693	836	26	or	or	CCONJ
cblr-1693	836	27	industry	industry	NOUN
cblr-1693	836	28	concerns	concern	NOUN
cblr-1693	836	29	regarding	regard	VERB
cblr-1693	836	30	uncertainty	uncertainty	NOUN
cblr-1693	836	31	in	in	ADP
cblr-1693	836	32	the	the	DET
cblr-1693	836	33	market	market	NOUN
cblr-1693	836	34	.	.	PUNCT
cblr-1693	837	1	on	on	ADP
cblr-1693	837	2	its	its	PRON
cblr-1693	837	3	own	own	ADJ
cblr-1693	837	4	,	,	PUNCT
cblr-1693	837	5	the	the	DET
cblr-1693	837	6	agency	agency	NOUN
cblr-1693	837	7	’s	’s	PART
cblr-1693	837	8	failure	failure	NOUN
cblr-1693	837	9	to	to	PART
cblr-1693	837	10	justify	justify	VERB
cblr-1693	837	11	the	the	DET
cblr-1693	837	12	submission	submission	NOUN
cblr-1693	837	13	-	-	PUNCT
cblr-1693	837	14	only	only	ADJ
cblr-1693	837	15	approach	approach	NOUN
cblr-1693	837	16	should	should	AUX
cblr-1693	837	17	be	be	AUX
cblr-1693	837	18	considered	consider	VERB
cblr-1693	837	19	a	a	DET
cblr-1693	837	20	violation	violation	NOUN
cblr-1693	837	21	of	of	ADP
cblr-1693	837	22	the	the	DET
cblr-1693	837	23	statute	statute	NOUN
cblr-1693	837	24	akin	akin	ADJ
cblr-1693	837	25	to	to	ADP
cblr-1693	837	26	the	the	DET
cblr-1693	837	27	one	one	NOUN
cblr-1693	837	28	found	find	VERB
cblr-1693	837	29	in	in	ADP
cblr-1693	837	30	massachusetts	massachusetts	PROPN
cblr-1693	837	31	v.	v.	ADP
cblr-1693	837	32	epa	epa	PROPN
cblr-1693	837	33	.	.	PROPN
cblr-1693	837	34	b.	b.	PROPN
cblr-1693	838	1	the	the	DET
cblr-1693	838	2	pitfalls	pitfall	NOUN
cblr-1693	838	3	:	:	PUNCT
cblr-1693	838	4	the	the	DET
cblr-1693	838	5	constitutional	constitutional	ADJ
cblr-1693	838	6	standing	standing	ADJ
cblr-1693	838	7	requirement	requirement	NOUN
cblr-1693	838	8	of	of	ADP
cblr-1693	838	9	injury	injury	NOUN
cblr-1693	838	10	-	-	PUNCT
cblr-1693	838	11	in	in	ADP
cblr-1693	838	12	-	-	PUNCT
cblr-1693	838	13	fact	fact	NOUN
cblr-1693	838	14	while	while	SCONJ
cblr-1693	838	15	a	a	DET
cblr-1693	838	16	suit	suit	NOUN
cblr-1693	838	17	brought	bring	VERB
cblr-1693	838	18	against	against	ADP
cblr-1693	838	19	the	the	DET
cblr-1693	838	20	sec	sec	PROPN
cblr-1693	838	21	for	for	ADP
cblr-1693	838	22	failure	failure	NOUN
cblr-1693	838	23	to	to	PART
cblr-1693	838	24	regulate	regulate	VERB
cblr-1693	838	25	may	may	AUX
cblr-1693	838	26	be	be	AUX
cblr-1693	838	27	successful	successful	ADJ
cblr-1693	838	28	,	,	PUNCT
cblr-1693	838	29	it	it	PRON
cblr-1693	838	30	could	could	AUX
cblr-1693	838	31	be	be	AUX
cblr-1693	838	32	difficult	difficult	ADJ
cblr-1693	838	33	to	to	PART
cblr-1693	838	34	find	find	VERB
cblr-1693	838	35	a	a	DET
cblr-1693	838	36	party	party	NOUN
cblr-1693	838	37	who	who	PRON
cblr-1693	838	38	is	be	AUX
cblr-1693	838	39	both	both	CCONJ
cblr-1693	838	40	willing	willing	ADJ
cblr-1693	838	41	and	and	CCONJ
cblr-1693	838	42	able	able	ADJ
cblr-1693	838	43	to	to	PART
cblr-1693	838	44	sue	sue	VERB
cblr-1693	838	45	.	.	PUNCT
cblr-1693	839	1	the	the	DET
cblr-1693	839	2	constitutional	constitutional	ADJ
cblr-1693	839	3	minimum	minimum	NOUN
cblr-1693	839	4	of	of	ADP
cblr-1693	839	5	standing	standing	NOUN
cblr-1693	839	6	,	,	PUNCT
cblr-1693	839	7	as	as	SCONJ
cblr-1693	839	8	established	establish	VERB
cblr-1693	839	9	by	by	ADP
cblr-1693	839	10	the	the	DET
cblr-1693	839	11	supreme	supreme	PROPN
cblr-1693	839	12	court	court	PROPN
cblr-1693	839	13	,	,	PUNCT
cblr-1693	839	14	requires	require	VERB
cblr-1693	839	15	(	(	PUNCT
cblr-1693	839	16	1	1	X
cblr-1693	839	17	)	)	PUNCT
cblr-1693	839	18	an	an	DET
cblr-1693	839	19	injury	injury	NOUN
cblr-1693	839	20	-	-	PUNCT
cblr-1693	839	21	in	in	ADP
cblr-1693	839	22	-	-	PUNCT
cblr-1693	839	23	fact	fact	NOUN
cblr-1693	839	24	,	,	PUNCT
cblr-1693	839	25	(	(	PUNCT
cblr-1693	839	26	2	2	X
cblr-1693	839	27	)	)	PUNCT
cblr-1693	839	28	causation	causation	NOUN
cblr-1693	839	29	,	,	PUNCT
cblr-1693	839	30	and	and	CCONJ
cblr-1693	839	31	(	(	PUNCT
cblr-1693	839	32	3	3	X
cblr-1693	839	33	)	)	PUNCT
cblr-1693	839	34	redressability.204	redressability.204	NOUN
cblr-1693	839	35	as	as	SCONJ
cblr-1693	839	36	the	the	DET
cblr-1693	839	37	injury	injury	NOUN
cblr-1693	839	38	must	must	AUX
cblr-1693	839	39	be	be	AUX
cblr-1693	839	40	concrete	concrete	ADJ
cblr-1693	839	41	and	and	CCONJ
cblr-1693	839	42	particularized	particularize	VERB
cblr-1693	839	43	,	,	PUNCT
cblr-1693	839	44	and	and	CCONJ
cblr-1693	839	45	actual	actual	ADJ
cblr-1693	839	46	or	or	CCONJ
cblr-1693	839	47	imminent,205	imminent,205	NOUN
cblr-1693	839	48	this	this	DET
cblr-1693	839	49	element	element	NOUN
cblr-1693	839	50	will	will	AUX
cblr-1693	839	51	be	be	AUX
cblr-1693	839	52	particularly	particularly	ADV
cblr-1693	839	53	difficult	difficult	ADJ
cblr-1693	839	54	for	for	SCONJ
cblr-1693	839	55	most	most	ADJ
cblr-1693	839	56	parties	party	NOUN
cblr-1693	839	57	to	to	PART
cblr-1693	839	58	establish	establish	VERB
cblr-1693	839	59	.	.	PUNCT
cblr-1693	840	1	the	the	DET
cblr-1693	840	2	potentially	potentially	ADV
cblr-1693	840	3	regulated	regulated	ADJ
cblr-1693	840	4	parties	party	NOUN
cblr-1693	840	5	—	—	PUNCT
cblr-1693	840	6	the	the	DET
cblr-1693	840	7	financial	financial	ADJ
cblr-1693	840	8	institutions	institution	NOUN
cblr-1693	840	9	trading	trade	VERB
cblr-1693	840	10	security	security	NOUN
cblr-1693	840	11	-	-	PUNCT
cblr-1693	840	12	based	base	VERB
cblr-1693	840	13	swaps	swap	NOUN
cblr-1693	840	14	which	which	PRON
cblr-1693	840	15	would	would	AUX
cblr-1693	840	16	be	be	AUX
cblr-1693	840	17	subject	subject	ADJ
cblr-1693	840	18	to	to	ADP
cblr-1693	840	19	the	the	DET
cblr-1693	840	20	central	central	ADJ
cblr-1693	840	21	clearing	clearing	NOUN
cblr-1693	840	22	mandate	mandate	NOUN
cblr-1693	840	23	—	—	PUNCT
cblr-1693	840	24	should	should	AUX
cblr-1693	840	25	be	be	AUX
cblr-1693	840	26	able	able	ADJ
cblr-1693	840	27	to	to	PART
cblr-1693	840	28	establish	establish	VERB
cblr-1693	840	29	injury	injury	NOUN
cblr-1693	840	30	-	-	PUNCT
cblr-1693	840	31	in	in	ADP
cblr-1693	840	32	-	-	PUNCT
cblr-1693	840	33	fact	fact	NOUN
cblr-1693	840	34	if	if	SCONJ
cblr-1693	840	35	they	they	PRON
cblr-1693	840	36	choose	choose	VERB
cblr-1693	840	37	to	to	PART
cblr-1693	840	38	bring	bring	VERB
cblr-1693	840	39	suit	suit	NOUN
cblr-1693	840	40	.	.	PUNCT
cblr-1693	841	1	the	the	DET
cblr-1693	841	2	uncertainty	uncertainty	NOUN
cblr-1693	841	3	resulting	result	VERB
cblr-1693	841	4	from	from	ADP
cblr-1693	841	5	the	the	DET
cblr-1693	841	6	sec	sec	PROPN
cblr-1693	841	7	’s	’s	PART
cblr-1693	841	8	approach	approach	NOUN
cblr-1693	841	9	and	and	CCONJ
cblr-1693	841	10	the	the	DET
cblr-1693	841	11	related	related	ADJ
cblr-1693	841	12	disruption	disruption	NOUN
cblr-1693	841	13	to	to	ADP
cblr-1693	841	14	security	security	NOUN
cblr-1693	841	15	-	-	PUNCT
cblr-1693	841	16	based	base	VERB
cblr-1693	841	17	swaps	swap	NOUN
cblr-1693	841	18	markets	market	NOUN
cblr-1693	841	19	should	should	AUX
cblr-1693	841	20	be	be	AUX
cblr-1693	841	21	enough	enough	ADJ
cblr-1693	841	22	to	to	PART
cblr-1693	841	23	show	show	VERB
cblr-1693	841	24	injury	injury	NOUN
cblr-1693	841	25	and	and	CCONJ
cblr-1693	841	26	allow	allow	VERB
cblr-1693	841	27	the	the	DET
cblr-1693	841	28	suit	suit	NOUN
cblr-1693	841	29	to	to	PART
cblr-1693	841	30	proceed	proceed	VERB
cblr-1693	841	31	.	.	PUNCT
cblr-1693	842	1	however	however	ADV
cblr-1693	842	2	,	,	PUNCT
cblr-1693	842	3	though	though	SCONJ
cblr-1693	842	4	regulated	regulated	ADJ
cblr-1693	842	5	parties	party	NOUN
cblr-1693	842	6	have	have	AUX
cblr-1693	842	7	already	already	ADV
cblr-1693	842	8	expressed	express	VERB
cblr-1693	842	9	concerns,206	concerns,206	PROPN
cblr-1693	842	10	security	security	NOUN
cblr-1693	842	11	-	-	PUNCT
cblr-1693	842	12	based	base	VERB
cblr-1693	842	13	swap	swap	NOUN
cblr-1693	842	14	traders	trader	NOUN
cblr-1693	842	15	may	may	AUX
cblr-1693	842	16	not	not	PART
cblr-1693	842	17	wish	wish	VERB
cblr-1693	842	18	to	to	PART
cblr-1693	842	19	take	take	VERB
cblr-1693	842	20	on	on	ADP
cblr-1693	842	21	the	the	DET
cblr-1693	842	22	cost	cost	NOUN
cblr-1693	842	23	of	of	ADP
cblr-1693	842	24	a	a	DET
cblr-1693	842	25	lawsuit	lawsuit	NOUN
cblr-1693	842	26	.	.	PUNCT
cblr-1693	843	1	the	the	DET
cblr-1693	843	2	“	"	PUNCT
cblr-1693	843	3	pandora	pandora	PROPN
cblr-1693	843	4	’s	’s	PROPN
cblr-1693	843	5	box	box	PROPN
cblr-1693	843	6	”	"	PUNCT
cblr-1693	843	7	uncertainty	uncertainty	NOUN
cblr-1693	843	8	of	of	ADP
cblr-1693	843	9	the	the	DET
cblr-1693	843	10	regulatory	regulatory	ADJ
cblr-1693	843	11	action	action	NOUN
cblr-1693	843	12	they	they	PRON
cblr-1693	843	13	could	could	AUX
cblr-1693	843	14	prompt	prompt	VERB
cblr-1693	843	15	will	will	AUX
cblr-1693	843	16	also	also	ADV
cblr-1693	843	17	likely	likely	ADV
cblr-1693	843	18	further	far	ADV
cblr-1693	843	19	deter	deter	VERB
cblr-1693	843	20	such	such	ADJ
cblr-1693	843	21	litigation	litigation	NOUN
cblr-1693	843	22	.	.	PUNCT
cblr-1693	844	1	because	because	SCONJ
cblr-1693	844	2	the	the	DET
cblr-1693	844	3	sec	sec	PROPN
cblr-1693	844	4	’s	’s	PART
cblr-1693	844	5	commission	commission	NOUN
cblr-1693	844	6	-	-	PUNCT
cblr-1693	844	7	initiated	initiate	VERB
cblr-1693	844	8	review	review	NOUN
cblr-1693	844	9	could	could	AUX
cblr-1693	844	10	lead	lead	VERB
cblr-1693	844	11	to	to	ADP
cblr-1693	844	12	unexpected	unexpected	ADJ
cblr-1693	844	13	results	result	NOUN
cblr-1693	844	14	,	,	PUNCT
cblr-1693	844	15	the	the	DET
cblr-1693	844	16	eventual	eventual	ADJ
cblr-1693	844	17	regulation	regulation	NOUN
cblr-1693	844	18	may	may	AUX
cblr-1693	844	19	be	be	AUX
cblr-1693	844	20	costly	costly	ADJ
cblr-1693	844	21	to	to	ADP
cblr-1693	844	22	the	the	DET
cblr-1693	844	23	individual	individual	ADJ
cblr-1693	844	24	entity	entity	NOUN
cblr-1693	844	25	bringing	bring	VERB
cblr-1693	844	26	the	the	DET
cblr-1693	844	27	suit	suit	NOUN
cblr-1693	844	28	or	or	CCONJ
cblr-1693	844	29	benefit	benefit	VERB
cblr-1693	844	30	its	its	PRON
cblr-1693	844	31	competitors	competitor	NOUN
cblr-1693	844	32	.	.	PUNCT
cblr-1693	845	1	for	for	ADP
cblr-1693	845	2	these	these	DET
cblr-1693	845	3	reasons	reason	NOUN
cblr-1693	845	4	,	,	PUNCT
cblr-1693	845	5	it	it	PRON
cblr-1693	845	6	would	would	AUX
cblr-1693	845	7	be	be	AUX
cblr-1693	845	8	unavailing	unavaile	VERB
cblr-1693	845	9	to	to	PART
cblr-1693	845	10	look	look	VERB
cblr-1693	845	11	to	to	ADP
cblr-1693	845	12	financial	financial	ADJ
cblr-1693	845	13	entities	entity	NOUN
cblr-1693	845	14	to	to	PART
cblr-1693	845	15	serve	serve	VERB
cblr-1693	845	16	as	as	ADP
cblr-1693	845	17	plaintiffs	plaintiff	NOUN
cblr-1693	845	18	,	,	PUNCT
cblr-1693	845	19	even	even	ADV
cblr-1693	845	20	though	though	SCONJ
cblr-1693	845	21	they	they	PRON
cblr-1693	845	22	have	have	VERB
cblr-1693	845	23	the	the	DET
cblr-1693	845	24	clearest	clear	ADJ
cblr-1693	845	25	access	access	NOUN
cblr-1693	845	26	to	to	ADP
cblr-1693	845	27	judicial	judicial	ADJ
cblr-1693	845	28	review	review	NOUN
cblr-1693	845	29	.	.	PUNCT
cblr-1693	846	1	204	204	NUM
cblr-1693	846	2	lujan	lujan	NOUN
cblr-1693	846	3	v.	v.	ADP
cblr-1693	846	4	defs	defs	PROPN
cblr-1693	846	5	.	.	PUNCT
cblr-1693	847	1	of	of	ADP
cblr-1693	847	2	wildlife	wildlife	NOUN
cblr-1693	847	3	,	,	PUNCT
cblr-1693	847	4	504	504	NUM
cblr-1693	847	5	u.s	u.s	PROPN
cblr-1693	847	6	.	.	PROPN
cblr-1693	847	7	555	555	NUM
cblr-1693	847	8	,	,	PUNCT
cblr-1693	847	9	560–61	560–61	NUM
cblr-1693	847	10	(	(	PUNCT
cblr-1693	847	11	1992	1992	NUM
cblr-1693	847	12	)	)	PUNCT
cblr-1693	847	13	.	.	PUNCT
cblr-1693	848	1	205	205	NUM
cblr-1693	849	1	i	i	PRON
cblr-1693	849	2	d.	d.	NOUN
cblr-1693	849	3	at	at	ADP
cblr-1693	849	4	560	560	NUM
cblr-1693	849	5	.	.	NOUN
cblr-1693	849	6	206	206	NUM
cblr-1693	849	7	see	see	VERB
cblr-1693	849	8	cooper	cooper	NOUN
cblr-1693	849	9	,	,	PUNCT
cblr-1693	849	10	supra	supra	PROPN
cblr-1693	849	11	note	note	PROPN
cblr-1693	849	12	182	182	NUM
cblr-1693	849	13	,	,	PUNCT
cblr-1693	849	14	at	at	ADP
cblr-1693	849	15	2	2	NUM
cblr-1693	849	16	.	.	PUNCT
cblr-1693	850	1	no	no	INTJ
cblr-1693	850	2	.	.	PUNCT
cblr-1693	851	1	1:252	1:252	NUM
cblr-1693	851	2	]	]	X
cblr-1693	851	3	to	to	PART
cblr-1693	851	4	clear	clear	ADJ
cblr-1693	851	5	or	or	CCONJ
cblr-1693	851	6	not	not	PART
cblr-1693	851	7	to	to	PART
cblr-1693	851	8	clear	clear	VERB
cblr-1693	851	9	301	301	NUM
cblr-1693	851	10	unfortunately	unfortunately	ADV
cblr-1693	851	11	,	,	PUNCT
cblr-1693	851	12	although	although	SCONJ
cblr-1693	851	13	members	member	NOUN
cblr-1693	851	14	of	of	ADP
cblr-1693	851	15	the	the	DET
cblr-1693	851	16	public	public	NOUN
cblr-1693	851	17	may	may	AUX
cblr-1693	851	18	be	be	AUX
cblr-1693	851	19	able	able	ADJ
cblr-1693	851	20	to	to	PART
cblr-1693	851	21	petition	petition	VERB
cblr-1693	851	22	the	the	DET
cblr-1693	851	23	sec	sec	PROPN
cblr-1693	851	24	to	to	PART
cblr-1693	851	25	engage	engage	VERB
cblr-1693	851	26	in	in	ADP
cblr-1693	851	27	rulemaking	rulemaking	NOUN
cblr-1693	851	28	,	,	PUNCT
cblr-1693	851	29	it	it	PRON
cblr-1693	851	30	is	be	AUX
cblr-1693	851	31	doubtful	doubtful	ADJ
cblr-1693	851	32	they	they	PRON
cblr-1693	851	33	could	could	AUX
cblr-1693	851	34	establish	establish	VERB
cblr-1693	851	35	the	the	DET
cblr-1693	851	36	injury	injury	NOUN
cblr-1693	851	37	element	element	NOUN
cblr-1693	851	38	for	for	ADP
cblr-1693	851	39	standing	stand	VERB
cblr-1693	851	40	to	to	PART
cblr-1693	851	41	sue	sue	VERB
cblr-1693	851	42	if	if	SCONJ
cblr-1693	851	43	the	the	DET
cblr-1693	851	44	sec	sec	PROPN
cblr-1693	851	45	refuses	refuse	VERB
cblr-1693	851	46	to	to	PART
cblr-1693	851	47	comply	comply	VERB
cblr-1693	851	48	.	.	PUNCT
cblr-1693	852	1	in	in	ADP
cblr-1693	852	2	lujan	lujan	PROPN
cblr-1693	852	3	v.	v.	ADP
cblr-1693	852	4	defenders	defender	NOUN
cblr-1693	852	5	of	of	ADP
cblr-1693	852	6	wildlife	wildlife	NOUN
cblr-1693	852	7	,	,	PUNCT
cblr-1693	852	8	environmental	environmental	ADJ
cblr-1693	852	9	groups	group	NOUN
cblr-1693	852	10	—	—	PUNCT
cblr-1693	852	11	the	the	DET
cblr-1693	852	12	ostensible	ostensible	ADJ
cblr-1693	852	13	regulatory	regulatory	ADJ
cblr-1693	852	14	beneficiaries	beneficiary	NOUN
cblr-1693	852	15	of	of	ADP
cblr-1693	852	16	the	the	DET
cblr-1693	852	17	endangered	endangered	PROPN
cblr-1693	852	18	species	species	PROPN
cblr-1693	852	19	act	act	NOUN
cblr-1693	852	20	—	—	PUNCT
cblr-1693	852	21	did	do	AUX
cblr-1693	852	22	not	not	PART
cblr-1693	852	23	have	have	AUX
cblr-1693	852	24	standing	stand	VERB
cblr-1693	852	25	to	to	PART
cblr-1693	852	26	sue	sue	VERB
cblr-1693	852	27	over	over	ADP
cblr-1693	852	28	agencies	agency	NOUN
cblr-1693	852	29	’	'	PUNCT
cblr-1693	852	30	alleged	allege	VERB
cblr-1693	852	31	procedural	procedural	ADJ
cblr-1693	852	32	violations.207	violations.207	NOUN
cblr-1693	852	33	the	the	DET
cblr-1693	852	34	court	court	NOUN
cblr-1693	852	35	held	hold	VERB
cblr-1693	852	36	that	that	SCONJ
cblr-1693	852	37	“	"	PUNCT
cblr-1693	852	38	a	a	DET
cblr-1693	852	39	plaintiff	plaintiff	NOUN
cblr-1693	852	40	raising	raise	VERB
cblr-1693	852	41	only	only	ADV
cblr-1693	852	42	a	a	DET
cblr-1693	852	43	generally	generally	ADV
cblr-1693	852	44	available	available	ADJ
cblr-1693	852	45	grievance	grievance	NOUN
cblr-1693	852	46	about	about	ADP
cblr-1693	852	47	government	government	NOUN
cblr-1693	852	48	—	—	PUNCT
cblr-1693	852	49	claiming	claim	VERB
cblr-1693	852	50	only	only	ADJ
cblr-1693	852	51	harm	harm	NOUN
cblr-1693	852	52	to	to	ADP
cblr-1693	852	53	his	his	PRON
cblr-1693	852	54	and	and	CCONJ
cblr-1693	852	55	every	every	DET
cblr-1693	852	56	citizen	citizen	NOUN
cblr-1693	852	57	’s	’s	PART
cblr-1693	852	58	interest	interest	NOUN
cblr-1693	852	59	in	in	ADP
cblr-1693	852	60	proper	proper	ADJ
cblr-1693	852	61	application	application	NOUN
cblr-1693	852	62	of	of	ADP
cblr-1693	852	63	the	the	DET
cblr-1693	852	64	constitution	constitution	NOUN
cblr-1693	852	65	and	and	CCONJ
cblr-1693	852	66	laws	law	NOUN
cblr-1693	852	67	.	.	PUNCT
cblr-1693	852	68	.	.	PUNCT
cblr-1693	853	1	.	.	PUNCT
cblr-1693	854	1	does	do	AUX
cblr-1693	854	2	not	not	PART
cblr-1693	854	3	state	state	VERB
cblr-1693	854	4	an	an	DET
cblr-1693	854	5	article	article	NOUN
cblr-1693	854	6	iii	iii	NUM
cblr-1693	854	7	case	case	NOUN
cblr-1693	854	8	or	or	CCONJ
cblr-1693	854	9	controversy	controversy	NOUN
cblr-1693	854	10	.	.	PUNCT
cblr-1693	855	1	”208	”208	VERB
cblr-1693	855	2	the	the	DET
cblr-1693	855	3	sec	sec	PROPN
cblr-1693	855	4	’s	’s	PART
cblr-1693	855	5	rejection	rejection	NOUN
cblr-1693	855	6	of	of	ADP
cblr-1693	855	7	future	future	ADJ
cblr-1693	855	8	petitions	petition	NOUN
cblr-1693	855	9	to	to	PART
cblr-1693	855	10	regulate	regulate	VERB
cblr-1693	855	11	is	be	AUX
cblr-1693	855	12	a	a	DET
cblr-1693	855	13	similar	similar	ADJ
cblr-1693	855	14	procedural	procedural	ADJ
cblr-1693	855	15	harm	harm	NOUN
cblr-1693	855	16	,	,	PUNCT
cblr-1693	855	17	and	and	CCONJ
cblr-1693	855	18	accordingly	accordingly	ADV
cblr-1693	855	19	would	would	AUX
cblr-1693	855	20	not	not	PART
cblr-1693	855	21	be	be	AUX
cblr-1693	855	22	enough	enough	ADJ
cblr-1693	855	23	to	to	PART
cblr-1693	855	24	show	show	VERB
cblr-1693	855	25	injury	injury	NOUN
cblr-1693	855	26	.	.	PUNCT
cblr-1693	856	1	instead	instead	ADV
cblr-1693	856	2	,	,	PUNCT
cblr-1693	856	3	creative	creative	ADJ
cblr-1693	856	4	plaintiffs	plaintiff	NOUN
cblr-1693	856	5	may	may	AUX
cblr-1693	856	6	claim	claim	VERB
cblr-1693	856	7	that	that	SCONJ
cblr-1693	856	8	the	the	DET
cblr-1693	856	9	sec	sec	PROPN
cblr-1693	856	10	’s	’s	PART
cblr-1693	856	11	failure	failure	NOUN
cblr-1693	856	12	to	to	PART
cblr-1693	856	13	act	act	VERB
cblr-1693	856	14	heightens	heighten	VERB
cblr-1693	856	15	the	the	DET
cblr-1693	856	16	systemic	systemic	ADJ
cblr-1693	856	17	risk	risk	NOUN
cblr-1693	856	18	dodd	dodd	PROPN
cblr-1693	856	19	-	-	PUNCT
cblr-1693	856	20	frank	frank	PROPN
cblr-1693	856	21	meant	mean	VERB
cblr-1693	856	22	to	to	PART
cblr-1693	856	23	combat	combat	VERB
cblr-1693	856	24	,	,	PUNCT
cblr-1693	856	25	and	and	CCONJ
cblr-1693	856	26	therefore	therefore	ADV
cblr-1693	856	27	all	all	DET
cblr-1693	856	28	participants	participant	NOUN
cblr-1693	856	29	in	in	ADP
cblr-1693	856	30	the	the	DET
cblr-1693	856	31	national	national	ADJ
cblr-1693	856	32	economy	economy	NOUN
cblr-1693	856	33	should	should	AUX
cblr-1693	856	34	have	have	AUX
cblr-1693	856	35	standing	stand	VERB
cblr-1693	856	36	to	to	PART
cblr-1693	856	37	sue	sue	VERB
cblr-1693	856	38	.	.	PUNCT
cblr-1693	857	1	this	this	DET
cblr-1693	857	2	contention	contention	NOUN
cblr-1693	857	3	is	be	AUX
cblr-1693	857	4	also	also	ADV
cblr-1693	857	5	likely	likely	ADJ
cblr-1693	857	6	to	to	PART
cblr-1693	857	7	fail	fail	VERB
cblr-1693	857	8	,	,	PUNCT
cblr-1693	857	9	though	though	ADV
cblr-1693	857	10	,	,	PUNCT
cblr-1693	857	11	as	as	SCONJ
cblr-1693	857	12	it	it	PRON
cblr-1693	857	13	is	be	AUX
cblr-1693	857	14	doubtful	doubtful	ADJ
cblr-1693	857	15	this	this	DET
cblr-1693	857	16	injury	injury	NOUN
cblr-1693	857	17	is	be	AUX
cblr-1693	857	18	sufficiently	sufficiently	ADV
cblr-1693	857	19	particularized	particularize	VERB
cblr-1693	857	20	,	,	PUNCT
cblr-1693	857	21	concrete	concrete	ADJ
cblr-1693	857	22	,	,	PUNCT
cblr-1693	857	23	and	and	CCONJ
cblr-1693	857	24	imminent	imminent	ADJ
cblr-1693	857	25	enough	enough	ADV
cblr-1693	857	26	to	to	PART
cblr-1693	857	27	satisfy	satisfy	VERB
cblr-1693	857	28	courts	court	NOUN
cblr-1693	857	29	.	.	PUNCT
cblr-1693	858	1	therefore	therefore	ADV
cblr-1693	858	2	,	,	PUNCT
cblr-1693	858	3	it	it	PRON
cblr-1693	858	4	will	will	AUX
cblr-1693	858	5	be	be	AUX
cblr-1693	858	6	difficult	difficult	ADJ
cblr-1693	858	7	for	for	SCONJ
cblr-1693	858	8	the	the	DET
cblr-1693	858	9	average	average	ADJ
cblr-1693	858	10	citizen	citizen	NOUN
cblr-1693	858	11	to	to	PART
cblr-1693	858	12	establish	establish	VERB
cblr-1693	858	13	standing	standing	NOUN
cblr-1693	858	14	and	and	CCONJ
cblr-1693	858	15	pursue	pursue	VERB
cblr-1693	858	16	a	a	DET
cblr-1693	858	17	case	case	NOUN
cblr-1693	858	18	against	against	ADP
cblr-1693	858	19	the	the	DET
cblr-1693	858	20	sec	sec	PROPN
cblr-1693	858	21	on	on	ADP
cblr-1693	858	22	its	its	PRON
cblr-1693	858	23	merits	merit	NOUN
cblr-1693	858	24	.	.	PUNCT
cblr-1693	859	1	c.	c.	PROPN
cblr-1693	859	2	political	political	ADJ
cblr-1693	859	3	accountability	accountability	NOUN
cblr-1693	859	4	:	:	PUNCT
cblr-1693	859	5	using	use	VERB
cblr-1693	859	6	elected	elect	VERB
cblr-1693	859	7	officials	official	NOUN
cblr-1693	859	8	to	to	PART
cblr-1693	859	9	pressure	pressure	VERB
cblr-1693	859	10	the	the	DET
cblr-1693	859	11	sec	sec	PROPN
cblr-1693	859	12	into	into	ADP
cblr-1693	859	13	action	action	NOUN
cblr-1693	859	14	as	as	SCONJ
cblr-1693	859	15	a	a	DET
cblr-1693	859	16	private	private	ADJ
cblr-1693	859	17	suit	suit	NOUN
cblr-1693	859	18	may	may	AUX
cblr-1693	859	19	not	not	PART
cblr-1693	859	20	be	be	AUX
cblr-1693	859	21	a	a	DET
cblr-1693	859	22	productive	productive	ADJ
cblr-1693	859	23	solution	solution	NOUN
cblr-1693	859	24	to	to	ADP
cblr-1693	859	25	the	the	DET
cblr-1693	859	26	issue	issue	NOUN
cblr-1693	859	27	,	,	PUNCT
cblr-1693	859	28	it	it	PRON
cblr-1693	859	29	may	may	AUX
cblr-1693	859	30	be	be	AUX
cblr-1693	859	31	worthwhile	worthwhile	ADJ
cblr-1693	859	32	to	to	PART
cblr-1693	859	33	look	look	VERB
cblr-1693	859	34	to	to	ADP
cblr-1693	859	35	the	the	DET
cblr-1693	859	36	source	source	NOUN
cblr-1693	859	37	of	of	ADP
cblr-1693	859	38	the	the	DET
cblr-1693	859	39	mandate	mandate	NOUN
cblr-1693	859	40	:	:	PUNCT
cblr-1693	859	41	congress	congress	PROPN
cblr-1693	859	42	itself	itself	PRON
cblr-1693	859	43	.	.	PUNCT
cblr-1693	860	1	although	although	SCONJ
cblr-1693	860	2	dodd	dodd	PROPN
cblr-1693	860	3	-	-	PUNCT
cblr-1693	860	4	frank	frank	PROPN
cblr-1693	860	5	was	be	AUX
cblr-1693	860	6	passed	pass	VERB
cblr-1693	860	7	by	by	ADP
cblr-1693	860	8	a	a	DET
cblr-1693	860	9	prior	prior	ADJ
cblr-1693	860	10	congress	congress	NOUN
cblr-1693	860	11	,	,	PUNCT
cblr-1693	860	12	current	current	ADJ
cblr-1693	860	13	members	member	NOUN
cblr-1693	860	14	of	of	ADP
cblr-1693	860	15	the	the	DET
cblr-1693	860	16	house	house	PROPN
cblr-1693	860	17	and	and	CCONJ
cblr-1693	860	18	senate	senate	PROPN
cblr-1693	860	19	should	should	AUX
cblr-1693	860	20	act	act	VERB
cblr-1693	860	21	to	to	PART
cblr-1693	860	22	ensure	ensure	VERB
cblr-1693	860	23	the	the	DET
cblr-1693	860	24	legislation	legislation	NOUN
cblr-1693	860	25	accomplishes	accomplish	VERB
cblr-1693	860	26	its	its	PRON
cblr-1693	860	27	intended	intended	ADJ
cblr-1693	860	28	effect	effect	NOUN
cblr-1693	860	29	.	.	PUNCT
cblr-1693	861	1	even	even	ADV
cblr-1693	861	2	with	with	ADP
cblr-1693	861	3	democrats	democrat	NOUN
cblr-1693	861	4	in	in	ADP
cblr-1693	861	5	control	control	NOUN
cblr-1693	861	6	of	of	ADP
cblr-1693	861	7	the	the	DET
cblr-1693	861	8	house	house	NOUN
cblr-1693	861	9	,	,	PUNCT
cblr-1693	861	10	uncertainty	uncertainty	NOUN
cblr-1693	861	11	remains	remain	VERB
cblr-1693	861	12	about	about	ADP
cblr-1693	861	13	the	the	DET
cblr-1693	861	14	potential	potential	NOUN
cblr-1693	861	15	of	of	ADP
cblr-1693	861	16	amendment	amendment	NOUN
cblr-1693	861	17	of	of	ADP
cblr-1693	861	18	dodd	dodd	PROPN
cblr-1693	861	19	-	-	PUNCT
cblr-1693	861	20	frank	frank	PROPN
cblr-1693	861	21	,	,	PUNCT
cblr-1693	861	22	but	but	CCONJ
cblr-1693	861	23	minority	minority	NOUN
cblr-1693	861	24	senators	senator	NOUN
cblr-1693	861	25	or	or	CCONJ
cblr-1693	861	26	house	house	NOUN
cblr-1693	861	27	democrats	democrats	PROPN
cblr-1693	861	28	could	could	AUX
cblr-1693	861	29	use	use	VERB
cblr-1693	861	30	oversight	oversight	NOUN
cblr-1693	861	31	powers	power	NOUN
cblr-1693	861	32	to	to	PART
cblr-1693	861	33	conduct	conduct	VERB
cblr-1693	861	34	hearings	hearing	NOUN
cblr-1693	861	35	and	and	CCONJ
cblr-1693	861	36	push	push	VERB
cblr-1693	861	37	the	the	DET
cblr-1693	861	38	sec	sec	PROPN
cblr-1693	861	39	toward	toward	ADP
cblr-1693	861	40	more	more	ADV
cblr-1693	861	41	effective	effective	ADJ
cblr-1693	861	42	regulatory	regulatory	ADJ
cblr-1693	861	43	solutions	solution	NOUN
cblr-1693	861	44	.	.	PUNCT
cblr-1693	862	1	indeed	indeed	ADV
cblr-1693	862	2	,	,	PUNCT
cblr-1693	862	3	members	member	NOUN
cblr-1693	862	4	207	207	NUM
cblr-1693	862	5	see	see	VERB
cblr-1693	862	6	lujan	lujan	NOUN
cblr-1693	862	7	,	,	PUNCT
cblr-1693	862	8	504	504	NUM
cblr-1693	862	9	u.s	u.s	PROPN
cblr-1693	862	10	.	.	PROPN
cblr-1693	862	11	at	at	ADP
cblr-1693	862	12	555	555	NUM
cblr-1693	862	13	.	.	PUNCT
cblr-1693	863	1	208	208	NUM
cblr-1693	864	1	i	i	PROPN
cblr-1693	864	2	d.	d.	PROPN
cblr-1693	864	3	at	at	ADP
cblr-1693	864	4	573–74	573–74	PROPN
cblr-1693	864	5	.	.	PROPN
cblr-1693	864	6	302	302	NUM
cblr-1693	864	7	columbia	columbia	PROPN
cblr-1693	864	8	business	business	NOUN
cblr-1693	864	9	law	law	PROPN
cblr-1693	864	10	review	review	NOUN
cblr-1693	865	1	[	[	X
cblr-1693	865	2	vol	vol	NOUN
cblr-1693	865	3	.	.	NOUN
cblr-1693	865	4	2019	2019	NUM
cblr-1693	865	5	of	of	ADP
cblr-1693	865	6	the	the	DET
cblr-1693	865	7	senate	senate	PROPN
cblr-1693	865	8	committee	committee	PROPN
cblr-1693	865	9	on	on	ADP
cblr-1693	865	10	banking	banking	NOUN
cblr-1693	865	11	,	,	PUNCT
cblr-1693	865	12	housing	housing	NOUN
cblr-1693	865	13	,	,	PUNCT
cblr-1693	865	14	and	and	CCONJ
cblr-1693	865	15	urban	urban	PROPN
cblr-1693	865	16	affairs	affair	NOUN
cblr-1693	865	17	have	have	AUX
cblr-1693	865	18	previously	previously	ADV
cblr-1693	865	19	pressured	pressure	VERB
cblr-1693	865	20	the	the	DET
cblr-1693	865	21	sec	sec	PROPN
cblr-1693	865	22	on	on	ADP
cblr-1693	865	23	implementation	implementation	NOUN
cblr-1693	865	24	of	of	ADP
cblr-1693	865	25	other	other	ADJ
cblr-1693	865	26	provisions	provision	NOUN
cblr-1693	865	27	of	of	ADP
cblr-1693	865	28	dodd	dodd	NOUN
cblr-1693	865	29	-	-	PUNCT
cblr-1693	865	30	frank.209	frank.209	VERB
cblr-1693	865	31	it	it	PRON
cblr-1693	865	32	is	be	AUX
cblr-1693	865	33	possible	possible	ADJ
cblr-1693	865	34	that	that	SCONJ
cblr-1693	865	35	these	these	DET
cblr-1693	865	36	senators	senator	NOUN
cblr-1693	865	37	have	have	AUX
cblr-1693	865	38	not	not	PART
cblr-1693	865	39	taken	take	VERB
cblr-1693	865	40	similar	similar	ADJ
cblr-1693	865	41	action	action	NOUN
cblr-1693	865	42	on	on	ADP
cblr-1693	865	43	the	the	DET
cblr-1693	865	44	central	central	ADJ
cblr-1693	865	45	clearing	clearing	NOUN
cblr-1693	865	46	mandate	mandate	NOUN
cblr-1693	865	47	because	because	SCONJ
cblr-1693	865	48	of	of	ADP
cblr-1693	865	49	the	the	DET
cblr-1693	865	50	focus	focus	NOUN
cblr-1693	865	51	on	on	ADP
cblr-1693	865	52	the	the	DET
cblr-1693	865	53	cftc	cftc	PROPN
cblr-1693	865	54	’s	’s	PART
cblr-1693	865	55	activity	activity	NOUN
cblr-1693	865	56	and	and	CCONJ
cblr-1693	865	57	the	the	DET
cblr-1693	865	58	sec	sec	PROPN
cblr-1693	865	59	’s	’s	PART
cblr-1693	865	60	opacity	opacity	NOUN
cblr-1693	865	61	in	in	ADP
cblr-1693	865	62	establishing	establish	VERB
cblr-1693	865	63	its	its	PRON
cblr-1693	865	64	eventual	eventual	ADJ
cblr-1693	865	65	process	process	NOUN
cblr-1693	865	66	.	.	PUNCT
cblr-1693	866	1	but	but	CCONJ
cblr-1693	866	2	if	if	SCONJ
cblr-1693	866	3	the	the	DET
cblr-1693	866	4	central	central	ADJ
cblr-1693	866	5	clearing	clearing	NOUN
cblr-1693	866	6	requirement	requirement	NOUN
cblr-1693	866	7	and	and	CCONJ
cblr-1693	866	8	its	its	PRON
cblr-1693	866	9	risk	risk	NOUN
cblr-1693	866	10	-	-	PUNCT
cblr-1693	866	11	prevention	prevention	NOUN
cblr-1693	866	12	and	and	CCONJ
cblr-1693	866	13	transparency	transparency	NOUN
cblr-1693	866	14	benefits	benefit	NOUN
cblr-1693	866	15	are	be	AUX
cblr-1693	866	16	to	to	PART
cblr-1693	866	17	be	be	AUX
cblr-1693	866	18	realized	realize	VERB
cblr-1693	866	19	in	in	ADP
cblr-1693	866	20	the	the	DET
cblr-1693	866	21	security	security	NOUN
cblr-1693	866	22	-	-	PUNCT
cblr-1693	866	23	based	base	VERB
cblr-1693	866	24	swaps	swap	NOUN
cblr-1693	866	25	market	market	NOUN
cblr-1693	866	26	,	,	PUNCT
cblr-1693	866	27	such	such	ADJ
cblr-1693	866	28	involvement	involvement	NOUN
cblr-1693	866	29	may	may	AUX
cblr-1693	866	30	be	be	AUX
cblr-1693	866	31	necessary	necessary	ADJ
cblr-1693	866	32	here	here	ADV
cblr-1693	866	33	as	as	ADV
cblr-1693	866	34	well	well	ADV
cblr-1693	866	35	.	.	PUNCT
cblr-1693	867	1	to	to	PART
cblr-1693	867	2	assist	assist	VERB
cblr-1693	867	3	this	this	DET
cblr-1693	867	4	effort	effort	NOUN
cblr-1693	867	5	,	,	PUNCT
cblr-1693	867	6	further	further	ADJ
cblr-1693	867	7	study	study	NOUN
cblr-1693	867	8	would	would	AUX
cblr-1693	867	9	prove	prove	VERB
cblr-1693	867	10	particularly	particularly	ADV
cblr-1693	867	11	useful	useful	ADJ
cblr-1693	867	12	.	.	PUNCT
cblr-1693	868	1	while	while	SCONJ
cblr-1693	868	2	political	political	ADJ
cblr-1693	868	3	actors	actor	NOUN
cblr-1693	868	4	will	will	AUX
cblr-1693	868	5	be	be	AUX
cblr-1693	868	6	less	less	ADV
cblr-1693	868	7	inclined	inclined	ADJ
cblr-1693	868	8	to	to	PART
cblr-1693	868	9	slow	slow	VERB
cblr-1693	868	10	economic	economic	ADJ
cblr-1693	868	11	growth	growth	NOUN
cblr-1693	868	12	with	with	ADP
cblr-1693	868	13	regulatory	regulatory	ADJ
cblr-1693	868	14	approaches	approach	NOUN
cblr-1693	868	15	targeting	target	VERB
cblr-1693	868	16	potential	potential	ADJ
cblr-1693	868	17	systemic	systemic	ADJ
cblr-1693	868	18	risk	risk	NOUN
cblr-1693	868	19	,	,	PUNCT
cblr-1693	868	20	evidence	evidence	NOUN
cblr-1693	868	21	that	that	SCONJ
cblr-1693	868	22	implementation	implementation	NOUN
cblr-1693	868	23	of	of	ADP
cblr-1693	868	24	the	the	DET
cblr-1693	868	25	central	central	ADJ
cblr-1693	868	26	clearing	clearing	NOUN
cblr-1693	868	27	mandate	mandate	NOUN
cblr-1693	868	28	benefits	benefit	NOUN
cblr-1693	868	29	markets	market	NOUN
cblr-1693	868	30	may	may	AUX
cblr-1693	868	31	have	have	AUX
cblr-1693	868	32	more	more	ADJ
cblr-1693	868	33	of	of	ADP
cblr-1693	868	34	an	an	DET
cblr-1693	868	35	impact	impact	NOUN
cblr-1693	868	36	.	.	PUNCT
cblr-1693	869	1	bank	bank	PROPN
cblr-1693	869	2	of	of	ADP
cblr-1693	869	3	england	england	PROPN
cblr-1693	869	4	researchers	researcher	NOUN
cblr-1693	869	5	have	have	AUX
cblr-1693	869	6	engaged	engage	VERB
cblr-1693	869	7	in	in	ADP
cblr-1693	869	8	some	some	PRON
cblr-1693	869	9	of	of	ADP
cblr-1693	869	10	this	this	DET
cblr-1693	869	11	analysis	analysis	NOUN
cblr-1693	869	12	—	—	PUNCT
cblr-1693	869	13	but	but	CCONJ
cblr-1693	869	14	looked	look	VERB
cblr-1693	869	15	only	only	ADV
cblr-1693	869	16	to	to	ADP
cblr-1693	869	17	the	the	DET
cblr-1693	869	18	performance	performance	NOUN
cblr-1693	869	19	of	of	ADP
cblr-1693	869	20	a	a	DET
cblr-1693	869	21	single	single	ADJ
cblr-1693	869	22	product	product	NOUN
cblr-1693	869	23	type	type	NOUN
cblr-1693	869	24	(	(	PUNCT
cblr-1693	869	25	vanilla	vanilla	NOUN
cblr-1693	869	26	interest	interest	NOUN
cblr-1693	869	27	rate	rate	NOUN
cblr-1693	869	28	swaps	swap	NOUN
cblr-1693	869	29	)	)	PUNCT
cblr-1693	869	30	under	under	ADP
cblr-1693	869	31	the	the	DET
cblr-1693	869	32	cftc	cftc	PROPN
cblr-1693	869	33	’s	’s	PART
cblr-1693	869	34	jurisdiction	jurisdiction	NOUN
cblr-1693	869	35	—	—	PUNCT
cblr-1693	869	36	since	since	SCONJ
cblr-1693	869	37	use	use	NOUN
cblr-1693	869	38	of	of	ADP
cblr-1693	869	39	swap	swap	NOUN
cblr-1693	869	40	execution	execution	NOUN
cblr-1693	869	41	facilities	facility	NOUN
cblr-1693	869	42	and	and	CCONJ
cblr-1693	869	43	the	the	DET
cblr-1693	869	44	central	central	ADJ
cblr-1693	869	45	clearing	clearing	NOUN
cblr-1693	869	46	mandate	mandate	NOUN
cblr-1693	869	47	began.210	began.210	NOUN
cblr-1693	869	48	the	the	DET
cblr-1693	869	49	differences	difference	NOUN
cblr-1693	869	50	between	between	ADP
cblr-1693	869	51	the	the	DET
cblr-1693	869	52	cftc	cftc	PROPN
cblr-1693	869	53	’s	’s	PART
cblr-1693	869	54	and	and	CCONJ
cblr-1693	869	55	the	the	DET
cblr-1693	869	56	sec	sec	PROPN
cblr-1693	869	57	’s	’s	PART
cblr-1693	869	58	dodd	dodd	PROPN
cblr-1693	869	59	-	-	PUNCT
cblr-1693	869	60	frank	frank	PROPN
cblr-1693	869	61	implementations	implementation	NOUN
cblr-1693	869	62	provide	provide	VERB
cblr-1693	869	63	a	a	DET
cblr-1693	869	64	distinct	distinct	ADJ
cblr-1693	869	65	opportunity	opportunity	NOUN
cblr-1693	869	66	to	to	PART
cblr-1693	869	67	expand	expand	VERB
cblr-1693	869	68	this	this	DET
cblr-1693	869	69	analysis	analysis	NOUN
cblr-1693	869	70	and	and	CCONJ
cblr-1693	869	71	examine	examine	VERB
cblr-1693	869	72	the	the	DET
cblr-1693	869	73	statistical	statistical	ADJ
cblr-1693	869	74	impact	impact	NOUN
cblr-1693	869	75	of	of	ADP
cblr-1693	869	76	the	the	DET
cblr-1693	869	77	sec	sec	PROPN
cblr-1693	869	78	’s	’s	PART
cblr-1693	869	79	lack	lack	NOUN
cblr-1693	869	80	of	of	ADP
cblr-1693	869	81	action	action	NOUN
cblr-1693	869	82	in	in	ADP
cblr-1693	869	83	particular	particular	ADJ
cblr-1693	869	84	.	.	PUNCT
cblr-1693	870	1	an	an	DET
cblr-1693	870	2	empirical	empirical	ADJ
cblr-1693	870	3	analysis	analysis	NOUN
cblr-1693	870	4	could	could	AUX
cblr-1693	870	5	compare	compare	VERB
cblr-1693	870	6	,	,	PUNCT
cblr-1693	870	7	for	for	ADP
cblr-1693	870	8	example	example	NOUN
cblr-1693	870	9	,	,	PUNCT
cblr-1693	870	10	the	the	DET
cblr-1693	870	11	broad	broad	ADV
cblr-1693	870	12	-	-	PUNCT
cblr-1693	870	13	based	base	VERB
cblr-1693	870	14	cds	cd	NOUN
cblr-1693	870	15	index	index	NOUN
cblr-1693	870	16	market	market	NOUN
cblr-1693	870	17	(	(	PUNCT
cblr-1693	870	18	currently	currently	ADV
cblr-1693	870	19	subject	subject	ADJ
cblr-1693	870	20	to	to	ADP
cblr-1693	870	21	the	the	DET
cblr-1693	870	22	cftc	cftc	PROPN
cblr-1693	870	23	’s	’s	PART
cblr-1693	870	24	central	central	ADJ
cblr-1693	870	25	clearing	clearing	NOUN
cblr-1693	870	26	requirement	requirement	NOUN
cblr-1693	870	27	)	)	PUNCT
cblr-1693	870	28	and	and	CCONJ
cblr-1693	870	29	the	the	DET
cblr-1693	870	30	single	single	ADJ
cblr-1693	870	31	-	-	PUNCT
cblr-1693	870	32	name	name	NOUN
cblr-1693	870	33	cds	cd	NOUN
cblr-1693	870	34	market	market	NOUN
cblr-1693	870	35	(	(	PUNCT
cblr-1693	870	36	part	part	NOUN
cblr-1693	870	37	of	of	ADP
cblr-1693	870	38	the	the	DET
cblr-1693	870	39	sec	sec	PROPN
cblr-1693	870	40	’s	’s	PART
cblr-1693	870	41	uncovered	uncover	VERB
cblr-1693	870	42	title	title	NOUN
cblr-1693	870	43	vii	vii	PROPN
cblr-1693	870	44	jurisdiction	jurisdiction	PROPN
cblr-1693	870	45	)	)	PUNCT
cblr-1693	870	46	at	at	ADP
cblr-1693	870	47	points	point	NOUN
cblr-1693	870	48	both	both	CCONJ
cblr-1693	870	49	prior	prior	ADV
cblr-1693	870	50	to	to	ADP
cblr-1693	870	51	and	and	CCONJ
cblr-1693	870	52	after	after	ADP
cblr-1693	870	53	the	the	DET
cblr-1693	870	54	implementation	implementation	NOUN
cblr-1693	870	55	of	of	ADP
cblr-1693	870	56	the	the	DET
cblr-1693	870	57	initial	initial	ADJ
cblr-1693	870	58	cftc	cftc	PROPN
cblr-1693	870	59	clearing	clearing	NOUN
cblr-1693	870	60	mandate	mandate	NOUN
cblr-1693	870	61	.	.	PUNCT
cblr-1693	871	1	209	209	NUM
cblr-1693	871	2	see	see	VERB
cblr-1693	871	3	,	,	PUNCT
cblr-1693	871	4	e.g.	e.g.	ADV
cblr-1693	871	5	,	,	PUNCT
cblr-1693	871	6	sarah	sarah	PROPN
cblr-1693	871	7	n.	n.	PROPN
cblr-1693	871	8	lynch	lynch	PROPN
cblr-1693	871	9	,	,	PUNCT
cblr-1693	871	10	four	four	NUM
cblr-1693	871	11	democrats	democrat	NOUN
cblr-1693	871	12	seek	seek	VERB
cblr-1693	871	13	probe	probe	NOUN
cblr-1693	871	14	into	into	ADP
cblr-1693	871	15	reviews	review	NOUN
cblr-1693	871	16	ordered	order	VERB
cblr-1693	871	17	by	by	ADP
cblr-1693	871	18	acting	act	VERB
cblr-1693	871	19	sec	sec	PROPN
cblr-1693	871	20	chair	chair	NOUN
cblr-1693	871	21	,	,	PUNCT
cblr-1693	871	22	reuters	reuters	PROPN
cblr-1693	871	23	(	(	PUNCT
cblr-1693	871	24	mar	mar	PROPN
cblr-1693	871	25	.	.	PROPN
cblr-1693	871	26	29	29	NUM
cblr-1693	871	27	,	,	PUNCT
cblr-1693	871	28	2017	2017	NUM
cblr-1693	871	29	)	)	PUNCT
cblr-1693	871	30	,	,	PUNCT
cblr-1693	871	31	https://www.reuters.com/article/us-usa-sec-senate/four-democrats-seekprobe-into-reviews-ordered-by-acting-sec-chair-iduskbn1702xn	https://www.reuters.com/article/us-usa-sec-senate/four-democrats-seekprobe-into-reviews-ordered-by-acting-sec-chair-iduskbn1702xn	VERB
cblr-1693	872	1	[	[	X
cblr-1693	872	2	perma.cc/8b3n-v8ur	perma.cc/8b3n-v8ur	NOUN
cblr-1693	872	3	]	]	X
cblr-1693	872	4	.	.	PUNCT
cblr-1693	873	1	210	210	NUM
cblr-1693	873	2	see	see	VERB
cblr-1693	873	3	evangelos	evangelos	PROPN
cblr-1693	873	4	benos	benos	PROPN
cblr-1693	873	5	,	,	PUNCT
cblr-1693	873	6	richard	richard	PROPN
cblr-1693	873	7	payne	payne	PROPN
cblr-1693	873	8	&	&	CCONJ
cblr-1693	873	9	michalis	michalis	PROPN
cblr-1693	873	10	vasios	vasio	NOUN
cblr-1693	873	11	,	,	PUNCT
cblr-1693	873	12	centralized	centralized	ADJ
cblr-1693	873	13	trading	trading	NOUN
cblr-1693	873	14	,	,	PUNCT
cblr-1693	873	15	transparency	transparency	NOUN
cblr-1693	873	16	and	and	CCONJ
cblr-1693	873	17	interest	interest	NOUN
cblr-1693	873	18	rate	rate	NOUN
cblr-1693	873	19	swap	swap	NOUN
cblr-1693	873	20	market	market	NOUN
cblr-1693	873	21	liquidity	liquidity	NOUN
cblr-1693	873	22	:	:	PUNCT
cblr-1693	873	23	evidence	evidence	NOUN
cblr-1693	873	24	from	from	ADP
cblr-1693	873	25	the	the	DET
cblr-1693	873	26	implementation	implementation	NOUN
cblr-1693	873	27	of	of	ADP
cblr-1693	873	28	the	the	DET
cblr-1693	873	29	dodd	dodd	PROPN
cblr-1693	873	30	-	-	PUNCT
cblr-1693	873	31	frank	frank	PROPN
cblr-1693	873	32	act	act	PROPN
cblr-1693	873	33	(	(	PUNCT
cblr-1693	873	34	bank	bank	NOUN
cblr-1693	873	35	of	of	ADP
cblr-1693	873	36	eng	eng	PROPN
cblr-1693	873	37	.	.	PROPN
cblr-1693	873	38	,	,	PUNCT
cblr-1693	873	39	working	work	VERB
cblr-1693	873	40	paper	paper	NOUN
cblr-1693	873	41	no	no	INTJ
cblr-1693	873	42	.	.	PROPN
cblr-1693	873	43	580	580	NUM
cblr-1693	873	44	,	,	PUNCT
cblr-1693	873	45	2018	2018	NUM
cblr-1693	873	46	)	)	PUNCT
cblr-1693	873	47	.	.	PUNCT
cblr-1693	874	1	no	no	INTJ
cblr-1693	874	2	.	.	PUNCT
cblr-1693	875	1	1:252	1:252	NUM
cblr-1693	875	2	]	]	X
cblr-1693	875	3	to	to	PART
cblr-1693	875	4	clear	clear	ADJ
cblr-1693	875	5	or	or	CCONJ
cblr-1693	875	6	not	not	PART
cblr-1693	875	7	to	to	PART
cblr-1693	875	8	clear	clear	VERB
cblr-1693	875	9	303	303	NUM
cblr-1693	875	10	review	review	NOUN
cblr-1693	875	11	of	of	ADP
cblr-1693	875	12	these	these	DET
cblr-1693	875	13	products	product	NOUN
cblr-1693	875	14	’	'	PUNCT
cblr-1693	875	15	volume	volume	NOUN
cblr-1693	875	16	,	,	PUNCT
cblr-1693	875	17	bid	bid	NOUN
cblr-1693	875	18	-	-	PUNCT
cblr-1693	875	19	ask	ask	NOUN
cblr-1693	875	20	spread	spread	NOUN
cblr-1693	875	21	,	,	PUNCT
cblr-1693	875	22	execution	execution	NOUN
cblr-1693	875	23	costs	cost	NOUN
cblr-1693	875	24	,	,	PUNCT
cblr-1693	875	25	and	and	CCONJ
cblr-1693	875	26	other	other	ADJ
cblr-1693	875	27	statistical	statistical	ADJ
cblr-1693	875	28	indicators	indicator	NOUN
cblr-1693	875	29	of	of	ADP
cblr-1693	875	30	market	market	NOUN
cblr-1693	875	31	depth	depth	NOUN
cblr-1693	875	32	and	and	CCONJ
cblr-1693	875	33	liquidity	liquidity	NOUN
cblr-1693	875	34	could	could	AUX
cblr-1693	875	35	shed	shed	VERB
cblr-1693	875	36	some	some	DET
cblr-1693	875	37	light	light	NOUN
cblr-1693	875	38	on	on	ADP
cblr-1693	875	39	the	the	DET
cblr-1693	875	40	regulations	regulation	NOUN
cblr-1693	875	41	’	'	PUNCT
cblr-1693	875	42	impacts	impact	NOUN
cblr-1693	875	43	on	on	ADP
cblr-1693	875	44	market	market	NOUN
cblr-1693	875	45	efficiency	efficiency	NOUN
cblr-1693	875	46	and	and	CCONJ
cblr-1693	875	47	systemic	systemic	ADJ
cblr-1693	875	48	risk	risk	NOUN
cblr-1693	875	49	.	.	PUNCT
cblr-1693	876	1	such	such	DET
cblr-1693	876	2	a	a	DET
cblr-1693	876	3	study	study	NOUN
cblr-1693	876	4	could	could	AUX
cblr-1693	876	5	additionally	additionally	ADV
cblr-1693	876	6	illustrate	illustrate	VERB
cblr-1693	876	7	the	the	DET
cblr-1693	876	8	specific	specific	ADJ
cblr-1693	876	9	impacts	impact	NOUN
cblr-1693	876	10	of	of	ADP
cblr-1693	876	11	the	the	DET
cblr-1693	876	12	uncertainty	uncertainty	NOUN
cblr-1693	876	13	(	(	PUNCT
cblr-1693	876	14	as	as	SCONJ
cblr-1693	876	15	discussed	discuss	VERB
cblr-1693	876	16	in	in	ADP
cblr-1693	876	17	the	the	DET
cblr-1693	876	18	citadel	citadel	PROPN
cblr-1693	876	19	letter211	letter211	PROPN
cblr-1693	876	20	)	)	PUNCT
cblr-1693	876	21	the	the	DET
cblr-1693	876	22	sec	sec	PROPN
cblr-1693	876	23	’s	’s	PART
cblr-1693	876	24	approach	approach	NOUN
cblr-1693	876	25	causes	cause	VERB
cblr-1693	876	26	.	.	PUNCT
cblr-1693	877	1	if	if	SCONJ
cblr-1693	877	2	this	this	DET
cblr-1693	877	3	analysis	analysis	NOUN
cblr-1693	877	4	enhances	enhance	VERB
cblr-1693	877	5	the	the	DET
cblr-1693	877	6	bank	bank	PROPN
cblr-1693	877	7	of	of	ADP
cblr-1693	877	8	england	england	PROPN
cblr-1693	877	9	’s	’s	PART
cblr-1693	877	10	findings	finding	NOUN
cblr-1693	877	11	that	that	SCONJ
cblr-1693	877	12	“	"	PUNCT
cblr-1693	877	13	centralized	centralized	ADJ
cblr-1693	877	14	trading	trading	NOUN
cblr-1693	877	15	,	,	PUNCT
cblr-1693	877	16	as	as	SCONJ
cblr-1693	877	17	mandated	mandate	VERB
cblr-1693	877	18	by	by	ADP
cblr-1693	877	19	doddfrank	doddfrank	PROPN
cblr-1693	877	20	”	"	PUNCT
cblr-1693	877	21	increased	increase	VERB
cblr-1693	877	22	activity	activity	NOUN
cblr-1693	877	23	and	and	CCONJ
cblr-1693	877	24	improved	improve	VERB
cblr-1693	877	25	liquidity	liquidity	NOUN
cblr-1693	877	26	,	,	PUNCT
cblr-1693	877	27	212	212	NUM
cblr-1693	877	28	it	it	PRON
cblr-1693	877	29	may	may	AUX
cblr-1693	877	30	prompt	prompt	VERB
cblr-1693	877	31	or	or	CCONJ
cblr-1693	877	32	assist	assist	VERB
cblr-1693	877	33	the	the	DET
cblr-1693	877	34	political	political	ADJ
cblr-1693	877	35	pressure	pressure	NOUN
cblr-1693	877	36	advocated	advocate	VERB
cblr-1693	877	37	for	for	ADP
cblr-1693	877	38	herein	herein	NOUN
cblr-1693	877	39	.	.	PUNCT
cblr-1693	878	1	regardless	regardless	ADV
cblr-1693	878	2	of	of	ADP
cblr-1693	878	3	the	the	DET
cblr-1693	878	4	results	result	NOUN
cblr-1693	878	5	,	,	PUNCT
cblr-1693	878	6	such	such	DET
cblr-1693	878	7	a	a	DET
cblr-1693	878	8	study	study	NOUN
cblr-1693	878	9	would	would	AUX
cblr-1693	878	10	also	also	ADV
cblr-1693	878	11	provide	provide	VERB
cblr-1693	878	12	some	some	DET
cblr-1693	878	13	much	much	ADV
cblr-1693	878	14	-	-	PUNCT
cblr-1693	878	15	needed	need	VERB
cblr-1693	878	16	clarity	clarity	NOUN
cblr-1693	878	17	in	in	ADP
cblr-1693	878	18	the	the	DET
cblr-1693	878	19	ongoing	ongoing	ADJ
cblr-1693	878	20	debate	debate	NOUN
cblr-1693	878	21	surrounding	surround	VERB
cblr-1693	878	22	the	the	DET
cblr-1693	878	23	efficacy	efficacy	NOUN
cblr-1693	878	24	of	of	ADP
cblr-1693	878	25	central	central	ADJ
cblr-1693	878	26	clearing	clearing	NOUN
cblr-1693	878	27	as	as	ADP
cblr-1693	878	28	a	a	DET
cblr-1693	878	29	regulatory	regulatory	ADJ
cblr-1693	878	30	approach	approach	NOUN
cblr-1693	878	31	to	to	ADP
cblr-1693	878	32	risk	risk	NOUN
cblr-1693	878	33	and	and	CCONJ
cblr-1693	878	34	market	market	NOUN
cblr-1693	878	35	efficiency.213	efficiency.213	NOUN
cblr-1693	878	36	v.	v.	ADP
cblr-1693	878	37	conclusion	conclusion	NOUN
cblr-1693	878	38	ten	ten	NUM
cblr-1693	878	39	years	year	NOUN
cblr-1693	878	40	on	on	ADP
cblr-1693	878	41	,	,	PUNCT
cblr-1693	878	42	some	some	PRON
cblr-1693	878	43	of	of	ADP
cblr-1693	878	44	the	the	DET
cblr-1693	878	45	worst	bad	ADJ
cblr-1693	878	46	impacts	impact	NOUN
cblr-1693	878	47	of	of	ADP
cblr-1693	878	48	the	the	DET
cblr-1693	878	49	financial	financial	ADJ
cblr-1693	878	50	crisis	crisis	NOUN
cblr-1693	878	51	have	have	AUX
cblr-1693	878	52	faded	fade	VERB
cblr-1693	878	53	from	from	ADP
cblr-1693	878	54	public	public	ADJ
cblr-1693	878	55	view	view	NOUN
cblr-1693	878	56	.	.	PUNCT
cblr-1693	879	1	while	while	SCONJ
cblr-1693	879	2	regulatory	regulatory	ADJ
cblr-1693	879	3	and	and	CCONJ
cblr-1693	879	4	market	market	NOUN
cblr-1693	879	5	forces	force	NOUN
cblr-1693	879	6	have	have	AUX
cblr-1693	879	7	changed	change	VERB
cblr-1693	879	8	the	the	DET
cblr-1693	879	9	shape	shape	NOUN
cblr-1693	879	10	of	of	ADP
cblr-1693	879	11	the	the	DET
cblr-1693	879	12	economy	economy	NOUN
cblr-1693	879	13	,	,	PUNCT
cblr-1693	879	14	the	the	DET
cblr-1693	879	15	political	political	ADJ
cblr-1693	879	16	imperatives	imperative	NOUN
cblr-1693	879	17	created	create	VERB
cblr-1693	879	18	by	by	ADP
cblr-1693	879	19	the	the	DET
cblr-1693	879	20	crisis	crisis	NOUN
cblr-1693	879	21	’s	’s	PART
cblr-1693	879	22	turbulence	turbulence	NOUN
cblr-1693	879	23	have	have	AUX
cblr-1693	879	24	ebbed	ebb	VERB
cblr-1693	879	25	and	and	CCONJ
cblr-1693	879	26	many	many	ADJ
cblr-1693	879	27	no	no	ADV
cblr-1693	879	28	longer	long	ADV
cblr-1693	879	29	treat	treat	VERB
cblr-1693	879	30	the	the	DET
cblr-1693	879	31	need	need	NOUN
cblr-1693	879	32	for	for	ADP
cblr-1693	879	33	solutions	solution	NOUN
cblr-1693	879	34	as	as	ADP
cblr-1693	879	35	urgent	urgent	ADJ
cblr-1693	879	36	.	.	PUNCT
cblr-1693	880	1	despite	despite	SCONJ
cblr-1693	880	2	these	these	DET
cblr-1693	880	3	receding	recede	VERB
cblr-1693	880	4	political	political	ADJ
cblr-1693	880	5	incentives	incentive	NOUN
cblr-1693	880	6	,	,	PUNCT
cblr-1693	880	7	though	though	ADV
cblr-1693	880	8	,	,	PUNCT
cblr-1693	880	9	it	it	PRON
cblr-1693	880	10	is	be	AUX
cblr-1693	880	11	critical	critical	ADJ
cblr-1693	880	12	that	that	SCONJ
cblr-1693	880	13	the	the	DET
cblr-1693	880	14	financial	financial	ADJ
cblr-1693	880	15	regulators	regulator	NOUN
cblr-1693	880	16	continue	continue	VERB
cblr-1693	880	17	to	to	PART
cblr-1693	880	18	fulfill	fulfill	VERB
cblr-1693	880	19	their	their	PRON
cblr-1693	880	20	mandates	mandate	NOUN
cblr-1693	880	21	and	and	CCONJ
cblr-1693	880	22	prevent	prevent	VERB
cblr-1693	880	23	another	another	DET
cblr-1693	880	24	catastrophe	catastrophe	NOUN
cblr-1693	880	25	.	.	PUNCT
cblr-1693	881	1	the	the	DET
cblr-1693	881	2	central	central	ADJ
cblr-1693	881	3	clearing	clearing	NOUN
cblr-1693	881	4	mandate	mandate	NOUN
cblr-1693	881	5	initially	initially	ADV
cblr-1693	881	6	emerged	emerge	VERB
cblr-1693	881	7	as	as	ADP
cblr-1693	881	8	a	a	DET
cblr-1693	881	9	crucial	crucial	ADJ
cblr-1693	881	10	regulatory	regulatory	ADJ
cblr-1693	881	11	reform	reform	NOUN
cblr-1693	881	12	on	on	ADP
cblr-1693	881	13	a	a	DET
cblr-1693	881	14	global	global	ADJ
cblr-1693	881	15	scale	scale	NOUN
cblr-1693	881	16	.	.	PUNCT
cblr-1693	882	1	for	for	ADP
cblr-1693	882	2	its	its	PRON
cblr-1693	882	3	proponents	proponent	NOUN
cblr-1693	882	4	,	,	PUNCT
cblr-1693	882	5	including	include	VERB
cblr-1693	882	6	those	those	PRON
cblr-1693	882	7	responsible	responsible	ADJ
cblr-1693	882	8	for	for	ADP
cblr-1693	882	9	determining	determine	VERB
cblr-1693	882	10	the	the	DET
cblr-1693	882	11	scope	scope	NOUN
cblr-1693	882	12	of	of	ADP
cblr-1693	882	13	regulatory	regulatory	ADJ
cblr-1693	882	14	reforms	reform	NOUN
cblr-1693	882	15	,	,	PUNCT
cblr-1693	882	16	central	central	ADJ
cblr-1693	882	17	clearing	clearing	NOUN
cblr-1693	882	18	would	would	AUX
cblr-1693	882	19	help	help	VERB
cblr-1693	882	20	fix	fix	VERB
cblr-1693	882	21	the	the	DET
cblr-1693	882	22	instability	instability	NOUN
cblr-1693	882	23	and	and	CCONJ
cblr-1693	882	24	opacity	opacity	NOUN
cblr-1693	882	25	of	of	ADP
cblr-1693	882	26	the	the	DET
cblr-1693	882	27	otc	otc	PROPN
cblr-1693	882	28	derivatives	derivative	NOUN
cblr-1693	882	29	market	market	NOUN
cblr-1693	882	30	.	.	PUNCT
cblr-1693	883	1	widespread	widespread	ADJ
cblr-1693	883	2	central	central	ADJ
cblr-1693	883	3	clearing	clearing	NOUN
cblr-1693	883	4	could	could	AUX
cblr-1693	883	5	prevent	prevent	VERB
cblr-1693	883	6	the	the	DET
cblr-1693	883	7	domino	domino	NOUN
cblr-1693	883	8	-	-	PUNCT
cblr-1693	883	9	effect	effect	NOUN
cblr-1693	883	10	collapses	collapse	NOUN
cblr-1693	883	11	and	and	CCONJ
cblr-1693	883	12	conflagration	conflagration	NOUN
cblr-1693	883	13	of	of	ADP
cblr-1693	883	14	fear	fear	NOUN
cblr-1693	883	15	that	that	PRON
cblr-1693	883	16	catalyzed	catalyze	VERB
cblr-1693	883	17	the	the	DET
cblr-1693	883	18	market	market	NOUN
cblr-1693	883	19	crashes	crash	NOUN
cblr-1693	883	20	of	of	ADP
cblr-1693	883	21	2008	2008	NUM
cblr-1693	883	22	.	.	PUNCT
cblr-1693	884	1	for	for	SCONJ
cblr-1693	884	2	these	these	DET
cblr-1693	884	3	goals	goal	NOUN
cblr-1693	884	4	to	to	PART
cblr-1693	884	5	come	come	VERB
cblr-1693	884	6	to	to	ADP
cblr-1693	884	7	fruition	fruition	NOUN
cblr-1693	884	8	,	,	PUNCT
cblr-1693	884	9	doddfrank	doddfrank	PROPN
cblr-1693	884	10	’s	’s	PART
cblr-1693	884	11	original	original	ADJ
cblr-1693	884	12	intent	intent	NOUN
cblr-1693	884	13	must	must	AUX
cblr-1693	884	14	be	be	AUX
cblr-1693	884	15	upheld	uphold	VERB
cblr-1693	884	16	.	.	PUNCT
cblr-1693	885	1	although	although	SCONJ
cblr-1693	885	2	the	the	DET
cblr-1693	885	3	cftc	cftc	PROPN
cblr-1693	885	4	’s	’s	PART
cblr-1693	885	5	implementation	implementation	NOUN
cblr-1693	885	6	has	have	AUX
cblr-1693	885	7	been	be	AUX
cblr-1693	885	8	successful	successful	ADJ
cblr-1693	885	9	in	in	ADP
cblr-1693	885	10	a	a	DET
cblr-1693	885	11	portion	portion	NOUN
cblr-1693	885	12	of	of	ADP
cblr-1693	885	13	the	the	DET
cblr-1693	885	14	market	market	NOUN
cblr-1693	885	15	,	,	PUNCT
cblr-1693	885	16	the	the	DET
cblr-1693	885	17	sec	sec	PROPN
cblr-1693	885	18	must	must	AUX
cblr-1693	885	19	change	change	VERB
cblr-1693	885	20	its	its	PRON
cblr-1693	885	21	current	current	ADJ
cblr-1693	885	22	approach	approach	NOUN
cblr-1693	885	23	and	and	CCONJ
cblr-1693	885	24	fulfill	fulfill	VERB
cblr-1693	885	25	211	211	NUM
cblr-1693	885	26	see	see	NOUN
cblr-1693	885	27	cooper	cooper	NOUN
cblr-1693	885	28	,	,	PUNCT
cblr-1693	885	29	supra	supra	PROPN
cblr-1693	885	30	note	note	PROPN
cblr-1693	885	31	182	182	NUM
cblr-1693	885	32	,	,	PUNCT
cblr-1693	885	33	at	at	ADP
cblr-1693	885	34	2	2	NUM
cblr-1693	885	35	.	.	X
cblr-1693	885	36	212	212	NUM
cblr-1693	885	37	see	see	VERB
cblr-1693	885	38	benos	benos	PROPN
cblr-1693	885	39	et	et	PROPN
cblr-1693	885	40	al	al	PROPN
cblr-1693	885	41	.	.	PROPN
cblr-1693	885	42	,	,	PUNCT
cblr-1693	885	43	supra	supra	PROPN
cblr-1693	885	44	note	note	PROPN
cblr-1693	885	45	210	210	NUM
cblr-1693	885	46	,	,	PUNCT
cblr-1693	885	47	at	at	ADP
cblr-1693	885	48	1	1	NUM
cblr-1693	885	49	.	.	NOUN
cblr-1693	885	50	213	213	NUM
cblr-1693	885	51	see	see	VERB
cblr-1693	885	52	supra	supra	PROPN
cblr-1693	885	53	section	section	PROPN
cblr-1693	885	54	iii.c	iii.c	PROPN
cblr-1693	885	55	.	.	PUNCT
cblr-1693	885	56	304	304	NUM
cblr-1693	885	57	columbia	columbia	PROPN
cblr-1693	885	58	business	business	NOUN
cblr-1693	885	59	law	law	PROPN
cblr-1693	885	60	review	review	NOUN
cblr-1693	885	61	[	[	X
cblr-1693	885	62	vol	vol	NOUN
cblr-1693	885	63	.	.	NOUN
cblr-1693	885	64	2019	2019	NUM
cblr-1693	886	1	its	its	PRON
cblr-1693	886	2	side	side	NOUN
cblr-1693	886	3	of	of	ADP
cblr-1693	886	4	the	the	DET
cblr-1693	886	5	bargain	bargain	NOUN
cblr-1693	886	6	.	.	PUNCT
cblr-1693	887	1	hopefully	hopefully	ADV
cblr-1693	887	2	,	,	PUNCT
cblr-1693	887	3	with	with	ADP
cblr-1693	887	4	changes	change	NOUN
cblr-1693	887	5	to	to	ADP
cblr-1693	887	6	the	the	DET
cblr-1693	887	7	sec	sec	PROPN
cblr-1693	887	8	approach	approach	NOUN
cblr-1693	887	9	as	as	ADP
cblr-1693	887	10	outlined	outline	VERB
cblr-1693	887	11	herein	herein	NOUN
cblr-1693	887	12	,	,	PUNCT
cblr-1693	887	13	the	the	DET
cblr-1693	887	14	financial	financial	ADJ
cblr-1693	887	15	regulators	regulator	NOUN
cblr-1693	887	16	will	will	AUX
cblr-1693	887	17	plan	plan	VERB
cblr-1693	887	18	the	the	DET
cblr-1693	887	19	necessary	necessary	ADJ
cblr-1693	887	20	roles	role	NOUN
cblr-1693	887	21	to	to	PART
cblr-1693	887	22	prevent	prevent	VERB
cblr-1693	887	23	such	such	ADJ
cblr-1693	887	24	problems	problem	NOUN
cblr-1693	887	25	from	from	ADP
cblr-1693	887	26	arising	arise	VERB
cblr-1693	887	27	anew	anew	ADV
cblr-1693	887	28	.	.	PUNCT
