CFTC Exempts Singapore-Based Trading Platforms from SEF Registration

The CFTC amended an Order that exempts eight Singapore-based trading platforms from swap execution facility registration.

The exemption comes in response to a request from the Monetary Authority of Singapore ("MAS") pursuant to a previously issued CFTC Order, applicable to five other Singapore-based trading platforms, that permitted MAS to request additional exemptions on an ongoing basis. A full list of the exempted platforms can be found here.