Sefs brand market abuse enforcement role ‘a non-starter’

CFTC signals softening on position limits monitoring, however

CFTC's Sef registration rules under attack

Swap execution facilities (Sefs) have declared US rules requiring platforms to detect and expel market participants who undertake abusive trading practices a "non-starter", arguing it could unfairly impact some clients and cause declines in trading volumes.

The requirement forms part of the Commodity Futures Trading Commission's (CFTC) Sef registration rules. Currently, 22 Sefs have temporary CFTC registration, but in 2013 the regulator released a final rule to move them to a more permanent

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 or view our subscription options here:

You are currently unable to copy this content. Please contact 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 View our subscription options

If you already have an account, please sign in here.


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 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