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As SEFs become a reality in two months, the buy side should be moving to revamp ops data infrastructures, particularly for credit authorization.
The CFTC has today published the final rules for swap execution facilities (SEFs) with the Federal Register, giving swaps dealers and other firms two months to register with the CFTC for approval of their venues for cleared and executed over-the-counter transactions.Most of the new rules will become effective August 5, 2013 and the official compliance...
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