Swap Data Repository Follies (from Energy Metro Desk)
The attached is an article from Energy Metro Desk on the dispute over the CME's proposed rule to require that swaps cleared on the CME be reported to the CME as swap data repository. Generally, the article reaches the same conclusion as in our recent news stories on the topic, (see Battle Over Swaps Trade Reporting (with Lofchie Comment) CFTC Extending Period for Accepting Public Comment on a CME Request to Adopt New Chapter 10 and New Rule 1001 of CME’s Rulebook), but provides a somewhat fuller discussion of the topic.
Click here to view the article in full.The attached is an excerpt from the most recent issue of Energy Metro Desk, which is published bi-weekly by Scudder Publishing Group, an energy trade news publishing company based in the Washington, D.C. metropolitan area. Those interested in learning more about the Energy Metro Desk may do so by linking to www.energymetro.com or emailing [email protected].Reprinted with permission of the publisher, Scudder Publishing Group, LLC. Copyright 2013.