Requesting Relief Relating to SEF Implementation and Swap Trade Execution
The Asset Management Group of SIFMA (SIFMA AMG) provides comments to the Commodity Futures Trading Commission (CFTC) requesting the CFTC:
- provide an extension of the deadline for registration and compliance with its swap execution facility (SEF) final rules (the SEF Final Rules) until at least April 1, 2014;
- change the “made available to trade” (MAT) process so that a cleared swap will not be mandated to trade on a SEF until at least 90 days after the MAT determination submission for such swap has been deemed approved; and
- provide further relief, guidance and/or clarification around certain provisions of the Commission’s swap trade execution rules and guidance.
Read additional comments filed by GFMA, SIFMA’s global-affiliate:
GFMA Submits Comments to the CFTC Requesting Time-Limited Relief Rating to SEF’s and Reporting (September 25, 2013)