Regulatory Alerts2019-12-31 | 2019-27895Post-Trade Name Give-Up on Swap Execution Facilities
The Commodity Futures Trading Commission proposes a rule to prohibit post-trade name give-up practices for swaps executed anonymously on swap execution facilities and intended to be cleared. The proposed regulation would ban swap execution facilities from disclosing counterparty identities and require them to enforce rules preventing such disclosures. This action aims to promote fair competition, prevent information leakage, and encourage broader market participation by removing barriers for buy-side participants.
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