One Moves Forward, One Doesn’t
December 16, 2010 at 22:33 PM EST
A busy day at the CFTC today. One big rule moved forward, another not. The rule that moved forward implements the Frank-n-Dodd requirement that swaps be traded on “Swap Execution Facilities” or SEFs. The proposed rule was released on a 4-1 vote, with Commissioner Jill Sommers the lone nay. Specifically, the rule specifies: platforms that [...]