The CFTC issued an Amended Order exempting four EU-authorized multilateral trading facilities ("MTFs") from the requirement to register as a swap execution facility ("SEF").
The CFTC action added the four additional entities to Appendix A of the original Order, which exempted certain MTFs and organized trading facilities ("OTFs") from the SEF registration requirement. According to the CFTC, there are now 20 EU-authorized venues that are exempted MTFs or OTFs.
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The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.
