Front Row Seat at the SEC, CFTC Hearing on SEFs

Also posted on TabbFORUM.com Wall Street (which includes yours truly) was in Washington on Wednesday (Aug 15) to discuss Swap Execution Facilities with the Securities…

Goldman Alums To Launch Equity SEF (Derivatives Week)

This is the first announced equity swap focused SEF I’ve come across.  The people at the help of this company come from Goldman Sachs electronic…

Q+A-What’s at stake for swap-execution facilities? (Reuters)

The SEF debate is certainly heating up.  These questions and more will all be discussed at the WMBAA’s “SEFCON 1” event in DC on October…

US CFTC Gets Suggested Guidelines For Swap-Execution Facilities (Wall Street Journal)

The Wholesale Market Brokers Association of American (WMBA) submitted to the CFTC guidelines as they saw them for what are to become Swap Execution Facilities…

SEF 101: Deconstructing the Swap Execution Facility

Also posted at TabbFORUM.com and submitted to the CFTC. The term “Swap Execution Facility” (SEF) has been formally christened and will henceforth be a part…

Financial Reform Becomes Law: The Devil's In The Details (Futures Magazine)

The law is passed but the rule writing processing is where the real nitty gritty details will be defined.  My comments focus mostly on the…

Regulators may silence derivative squawk boxes (Financial Times)

With the financial reform bill officially law its time to get down to details.  One big area in need of clarity is OTC derivative executions…

Reforms may help some brokers (The Hill)

It is inevitable that some portion of the OTC derivative market will see an execution mandate.  I have been an outspoken believer that this change…