Sefs hit by Dodd-Frank disclosure rules

New trading platforms must enable dealers to make pre-trade disclosures – but industry doesn't know what information needs to be provided


Would-be swap execution facilities (Sefs) are worried about the impact of new business conduct standards requiring swap dealers to provide information to a customer before a trade is concluded. The rule applies where a dealer knows the identity of a counterparty before execution – as is the case for Sefs that work on a request-for-quote (RFQ) basis and, potentially, for some that offer a central limit order book.

The rules, finalised by the Commodity Futures Trading Commission (CFTC) in February

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


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