CFTC Issues Notice of Temporary SEF Registration to tpSEF Inc. and Tradition SEF, Inc. (with Lofchie Comment)

The CFTC approved the applications of tpSEF Inc. and Tradition SEF, Inc. for temporary registration as a swap execution facilities ("SEFs") pursuant to CEA Section 5h ("Swap Execution Facilities") and CFTC Rule 37.3(c).

Lofchie Comment:What is the marketing logic for naming a firm "tpSEF"?

See: CFTC Letter to tpSEF; CFTC Letter to Tradition SEF; CFTC Press Release.Related News: CFTC Issues Notice of Temporary SEF Registration to INFX SEF Inc. (September 24, 2013); CFTC Issues Notice of Temporary SEF Registration to 360 Trading Networks Inc. (September 23, 2013) CFTC Issues Notice of Temporary SEF Registration to Javelin SEF, LLC and BGC Derivative Markets, L.P. (September 19, 2013) CFTC Issues Notice of Temporary Registration as SEFs to SwapEx, LLC, GFI Swaps Exchange LLC, and MarketAxess SEF Corp. (September 13, 2013) CFTC Issues Notices of Temporary Registration to TW SEF LLC and DW SEF LLC as Swap Execution Facilities (September 9, 2013) CFTC Issues Temporary Registration as Swap Execution Facility to Bloomberg (with Lofchie Comment) (July 31, 2013).