CFTC’s long-awaited Sef reboot set for July

Isda AGM: Proposals will allow all execution methods – including voice – and expand range of Sef mandate

Read all our coverage from the Isda AGM here

The US Commodity Futures Trading Commission is close to proposing new swap trading rules that would vastly expand the permissible methods of swap execution.

Amir Zaidi, director of the CFTC’s division of market oversight, said he expects the rule proposal to be released “hopefully [in] July”.

Zaidi was speaking on a panel at the Isda AGM in Miami earlier today (April 25). “I spent the past weekend reading 200 pages of preamble, so it’s well in the