CFTC's O'Malia: No progress on Sef rules in past two weeks
Mid-April next window for vote, but no reason for optimism, says CFTC commissioner
The Commodity Futures Trading Commission is still some way from reaching consensus on final swap execution facility (Sef) rules, commissioner Scott O’Malia has said, with no progress made at all in the past fortnight.
Speaking with Risk at the Futures Industry Association annual conference in Florida, O’Malia noted a series of mooted publication dates have come and gone, and said the earliest possible date for a vote on the Sef rules is now mid-April. He added the recent missed deadlines do not
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