Pressure mounts on CFTC for relief on Sef rules

CFTC is being lobbied to grant relief on the contentious Footnote 88, which requires platforms to register as Sefs even if the products they offer are not yet made available to trade


The US Commodity Futures Trading Commission (CFTC) has been confronted by a fresh wave of industry lobbying to relax its rules on swap execution facilities (Sefs), just weeks before US trading platforms will need to be registered as Sefs to offer regulated products, including foreign exchange options and non-deliverable forwards (NDFs).

The Wholesale Markets Brokers' Association Americas (WMBAA) made representations to the CFTC earlier this month, while representatives from the International

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