Memo #
31596

CFTC Extends Comment Deadline for SEF-Related Rulemakings - Member Call on February 19
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[31596]

February 5, 2019 TO: Derivatives Markets Advisory Committee
ICI Global Trading & Markets Committee RE: CFTC Extends Comment Deadline for SEF-Related Rulemakings - Member Call on February 19

 

The Commodity Futures Trading Commission has extended the comment deadline for two of its recent releases: its proposal to amend the rules regarding swap execution facilities (SEFs) and the trade execution requirement, and its request for comment regarding the practice of “post-trade name give-up” on SEFs. Pursuant to the extensions, comments on both releases now are due on March 15, 2019.[1] 

As you know, ICI recently filed a letter on the request for comment on post-trade name give-up.[2]  We also recently circulated to members a draft letter on the SEF proposal, attached for your convenience. We will hold a member call on Tuesday, February 19th at 12 pm ET (as part of our regularly-scheduled call of the Derivatives Markets Advisory Committee) to discuss member comments on our draft letter.[3] If you would like to participate in the call, the dial-in information is:

US Dial-in Number: 866-734-4854
International Dial-In Number: 1-203-763-0194
Passcode: 7850498

We look forward to your participation on the call.

 

Sarah A. Bessin
Associate General Counsel

George M. Gilbert
Assistant General Counsel

 

Attachment

endnotes

[1] See Swap Execution Facilities and Trade Execution Requirement, available at https://www.cftc.gov/sites/default/files/2019-02/federalregister020519_0.pdf?utm_source=govdelivery; Post-Trade Name Give-Up on Swap Execution Facilities, available at https://www.cftc.gov/sites/default/files/2019-02/federalregister020519a_0.pdf?utm_source=govdelivery.

[2] See ICI Memorandum No. 31584 (Jan. 29, 2019), available at https://www.ici.org/my_ici/memorandum/memo31584.

[3] Prior to the call, you may wish to review CFTC Chairman Giancarlo’s recent remarks before the ABA Business Law Section, Derivatives & Futures Law Committee Winter Meeting, available at https://www.cftc.gov/PressRoom/SpeechesTestimony/opagiancarlo63.