CFTC's delay in finalizing SEF rules causes concern

03/26/2013 | (subscription required)

Market participants are upset with the Commodity Futures Trading Commission because its rules for swap-execution facilities will not be published until late April. "As an agency, we have been neglectful in not finalizing a rule," CFTC member Bart Chilton said. "Many of these platforms that will be SEFs are ready to go; they just need to know the rules."

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