CFTC grants registration to 18 Sefs

With the process nearly complete, the CFTC can focus on fine-tuning the Sef rules

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Permanent status: registration reviews are being conducted for an additional five Sefs

Eighteen swap execution facilities (Sefs) have been granted permanent registration status by the US Commodity Futures Trading Commission (CFTC), more than five years after the Sef concept was created by the Dodd-Frank Act and some two years since the first ones came into being.

"Completing this registration process reduces uncertainty for market participants who have been served by temporarily registered Sefs for the past two-plus years," said CFTC commissioner Christopher Giancarlo in a

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