SEF Operators Eager to Cross the Finish Line
After months of working with the CFTC and the SEC to define what a swap execution facility is and how it will operate as prescribed by the Dodd–Frank Act, dealers, inter-dealers, and trading venues are ready to cross the finish line. By Rob Daly
After the Dodd–Frank Wall Street Reform and Consumer Protection Act was signed into law in July 2010, it dangled a glittering prize in front of over-the-counter (OTC) swaps dealers—a chance to bag a windfall in trading fees from a good portion of the
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