Industry ramps up pressure on CFTC regarding SEF rule

09/16/2013 | Risk.net (subscription required)

Experts are encouraging the Commodity Futures Trading Commission to back off on a rule that demands that platforms register as a swap-execution facility even if they offer products that are not yet subject to a trade-execution mandate. Caught off guard, some in the industry are scrambling to get SEF classification, while others are pinning their hopes on the CFTC relenting.

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