SEFs Worried by Ambiguous Disclosure Rules | Dec 6th, 2012 With the deadline for mandatory execution of most OTC swaps through swap execution facilities (SEFs) months away, operators of the would-be trading platforms are struggling to understand rules governing the disclosure of information to a customer before a trade is concluded. The rules, effective January 1,...

SEF Update: The CFTC, Substituted Compliance, and Swaps Regulation Deadlines | Nov 19th, 2012 As the U.S. Commodity and Futures Trading Commission (CFTC) works to finalize swap execution facility (SEF) rules by the year’s end, many brokers are urging them to curtail international rules that appear to be harming U.S. firms. At recent talks and panels in the U.S., brokers have made it clear that they...

ICE to Convert Energy Swaps Into Futures | Aug 15th, 2012 With new Dodd-Frank rules set to take effect in the coming months, IntercontinentalExchange Inc. (ICE) has announced that it will transition all currently cleared energy swaps to futures contracts. The move is expected to lessen the economic effect of the new rules, and lessen their regulatory burden on...