What's up With Swap Execution Facilities?
By Jim KimPublished: October 16 2010 Fierce Finance IT
There's a lot of concern in the trading world right now about so-called swap execution facilities (SEFs), a regulatory child of Dodd-Frank and the fallout from the CDS crisis. A public hearing on the clearing of credit default swaps (CDSs) is scheduled for Oct. 22--and it looks like it will be a barn burner. SEFs will top of the list of high-interest items.
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