CFTC Issues Guidance on SEF "Equal Access" and Required Registration of Non-US Platforms | Practical Law
The CFTC issued guidance indicating that non-US swaps trading platforms offering swaps to US persons are required to register as swap execution facilities (SEFs) with the CFTC and adhere to Title VII SEF rules. The CFTC issued further guidance advising that under Title VII, SEFs must ensure equal access for market participants.