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| CFTC | RIN: 3038-AE25 | Publication ID: Spring 2020 |
| Title: Swap Execution Facilities and Trade Execution Requirement | |
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Abstract:
The Commission has proposed rule changes to part 37. The proposed part 37 rules would establish flexibility in execution methods and provide a revised interpretation of the trade execution requirement under section 2(h)(8) of the Commodity Exchange Act ("CEA”). The proposed rules would also clarify the swap execution facility ("SEF”) registration requirement under 5h(a)(1) of the CEA and the impartial access requirement under SEF Core Principle 2. The proposed rules would also amend certain provisions relating to requirements for SEFs. Further, the proposed rules would adopt other conforming changes to other Commission regulations outside of part 37. |
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| Agency: Commodity Futures Trading Commission(CFTC) | Priority: Substantive, Nonsignificant |
| RIN Status: Previously published in the Unified Agenda | Agenda Stage of Rulemaking: Long-Term Actions |
| Major: Undetermined | Unfunded Mandates: No |
| EO 14192 Designation: Independent agency | |
| CFR Citation: 17 CFR 9 17 CFR 36 to 39 17 CFR 43 | |
| Legal Authority: 7 U.S.C. 2(a)(13) 7 U.S.C. 2(h)(8) 7 U.S.C. 7a-1(c)(2)(C) 7 U.S.C. 7(b)(3) | |
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Legal Deadline:
None |
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Timetable:
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| Regulatory Flexibility Analysis Required: No | Government Levels Affected: None |
| Federalism: No | |
| Included in the Regulatory Plan: No | |
| RIN Data Printed in the FR: No | |
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Agency Contact: Roger Smith Associate Chief Counsel, Division of Market Oversight Commodity Futures Trading Commission 77 West Jackson Boulevard, Suite 800, Chicago, IL 60604 Phone:202 418-5344 Email: rsmith@cftc.gov |
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