CFTC is "plowing through" SEF applications, Gensler says

09/23/2013 | International Financing Review (free content)

Commodity Futures Trading Commission Chairman Gary Gensler says applications for swap-execution facilities are not being thoroughly reviewed. "We're plowing through 18 SEF applications, but the truth is that we're giving them a cursory view," Gensler said at an ISDA conference. "We're not doing any deep dives."

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