Federal Register #RIN 3038AF79

CFTC Proposed Rule: Swap Execution Facility Order Book Requirement for Permitted Transactions

This opportunity involves the Commodity Futures Trading Commission (CFTC), a U.S. federal agency, proposing a regulatory amendment for swap execution facilities (SEFs). - Government Buyer: - Commodity Futures Trading Commission (CFTC) - No OEMs or vendors are mentioned, as this is a regulatory change and not a procurement. - Products/Services Requested: - No products or services are being requested or procured. - Notable Requirements: - The proposed rule would remove the requirement for SEFs to offer an order book for swap transactions not subject to the trade execution requirement (permitted transactions). - Maintains the order book requirement for required transactions. - Codifies a staff no-action position. - CFTC is seeking public comments on this proposed rulemaking.

Description

The Commodity Futures Trading Commission (CFTC) proposes to amend its regulations for swap execution facilities (SEFs) to remove the requirement for SEFs to offer an order book for swap transactions that are not subject to trade execution requirements under section 2(h)(8) of the Commodity Exchange Act. These swap transactions are referred to as permitted transactions. The proposal aims to codify a staff no-action position allowing SEFs not to offer an order book for permitted transactions while maintaining the requirement for required transactions. The Commission seeks public comments on this proposed rulemaking by September 25, 2026.

View original listing