Sefs have work to do on impartial access - Gensler

access-denied-25838604

Some swap execution facilities (Sefs) are not offering impartial access to all market participants - a Dodd-Frank Act requirement - according to Gary Gensler, chairman of the Commodity Futures Trading Commission (CFTC).

"Sefs are required to provide all market participants with impartial access. Or, at least, they are supposed to. We still have a little work there. They must provide dealers and non-dealers alike with the ability to make and respond to bids, offers and requests for quotes. That

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

Register

Want to know what’s included in our free membership? Click here

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here