Gensler not ruling out targeted Sef relief
CFTC chairman recognises difficulty in meeting October 2 Sef deadline, but says platforms need to be targeted in requests
The Commodity Futures Trading Commission (CFTC) may entertain requests from individual, would-be swap execution facilities (Sefs) for a delay to an October 2 registration deadline – but firms must be specific with their requests, and a broad delay is unlikely, according to Gary Gensler, chairman of the agency.
Speaking at the International Swaps and Derivatives Association annual European conference in London this morning, Gensler said he recognised many trading platforms are experiencing
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