Streamlining SEFs: New Year, New Rules?

Almost exactly five years after the first swap trade was executed on a Swaps Execution Facility (SEF) in October of 2013, a full complement of Commodity Futures Trading Commission (CFTC) commissioners voted 4-1 to move forward with a proposal to dramatically overhaul the US swaps trading framework that had been put in place. Streamlining SEFs: New Year, New Rules? Breaks down the key amendments put forward in the sweeping proposal and examines their impact on the existing US swaps trading market structure and examines which elements of the proposal have received the most significant criticism from market participants.