Isda opens Washington office in lobbying push

The International Swaps and Derivatives Association, the New York-based trade association for the over-the-counter derivatives industry, is opening an office in Washington DC to increase its lobbying of the US government.

The move comes in the wake of the Commodities Futures Trading Commission’s attempts to legislate OTC energy derivatives.

“Opening a dedicated governmental advocacy office in Washington underscores Isda’s commitment to serving the needs of its members in this important seat of legislative and regulatory power,” said Isda chief executive Robert Pickel.

Isda has appointed John Anderson to the new office as head of public affairs. He was previously a senior policy adviser to Senator Mike Crapo