The Asset Management Group of SIFMA (SIFMA AMG) provides comments to the Commodity Futures Trading Commission (CFTC) requesting the CFTC:
provide an extension of the deadline for registration and compliance with its swap execution facility (SEF) final rules (the SEF Final Rules) until at least April 1, 2014;
change the “made available to trade” (MAT) process so that a cleared swap will not be mandated to trade on a SEF until at least 90 days after the MAT determination submission for such swap has been deemed approved; and
provide further relief, guidance and/or clarification around certain provisions of the Commission’s swap trade execution rules and guidance.
Read additional comments filed by GFMA, SIFMA’s global-affiliate: