Letters

Straight-Through Processing, SEF Implementation and Relief in the Final Block Trade Rule

Summary

The Asset Management Group of SIFMA (SIFMA AMG) provides comments to the Commodity Futures Trading Commission (CFTC) expressing significant concerns regarding the straight-through processing, swap execution facility (SEF) implementation and relief relating to the aggregation provision in the Final Block Trade Rule.

In addition, SIFMA AMG requests an extension of certain no-action letters issued by CFTC staff relating to the implementation of the CFTC SEF final rules until at least February 1, 2014; and requests further no-action relief (through March 31, 2014) relating to the aggregation prohibition in the final trade block rule.

PDF