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The ISDA JMP is composed of boilerplate provisions and jurisdictional modules with respect to particular Stay Regulations in particular jurisdictions (Jurisdictional Modules).Parties may choose to adhere to one or more Jurisdictional Modules to the ISDA JMP.Forty-three states have taken action toward newborn screening for CCHD through legislation, regulations, or hospital guidelines.Among those 43, 32 (74%) are collecting or planning to collect CCHD screening data; however, the type of data collected by CCHD newborn screening programs varies by state.For new law students and even experienced attorneys, legal citation is frequently overwhelming and frustrating.At its worst, legal citation can feel confusing, pedantic, and pointless.(Author affiliations at end of text) Critical congenital heart defects (CCHD) occur in approximately two of every 1,000 live births (1). Department of Health and Human Services (HHS) Secretary endorsed the recommendation that critical congenital heart defects be added to the Recommended Uniform Screening Panel (RUSP) for all newborns (4).
While the ISDA 2015 Universal Protocol was developed in advance of Stay Regulations, the operative provisions of the ISDA JMP are being developed to facilitate compliance with Stay Regulations in different jurisdictions. Nevertheless, the operative provisions of the ISDA JMP are aimed at achieving an outcome substantially similar to the outcome under Section 1 of the ISDA 2015 Universal Protocol, which results in counterparties to financial institutions consenting to be subject to stays on or overrides of certain termination rights under SRRs, notwithstanding the governing law of their agreements.
State mandates for newborn screening for CCHD will likely increase the number of newborns screened, allowing for the possibility of early identification and prevention of morbidity and mortality.