News & Insights

Help
8 News Results
Commentary by Bob Zwirb

The CFTC Division of Market Oversight ("DMO") granted time-limited conditional no-action relief to swap execution facilities ("SEFs") from certain data reporting and recordkeeping requirements in relation to confirmations required for uncleared swap transactions executed on or pursuant to the rules of an SEF under CFTC Rule 37.6(b). CFTC Rule 37.6(b) ("Enforceability") requires an SEF to provide each counterparty to a transaction entered into, on, or pursuant to the rules of the SEF with a written record of all terms of the transaction. This written record supersedes any previous agreement and