CFTC Unveils Revised Swap Exchange Facility Rules

Law360, New York (December 16, 2010, 1:56 PM EST) -- The U.S. Commodity Futures Trading Commission on Thursday proposed final rules for swap trading facilities in a bid to increase transparency in the derivatives trading market, a week after it tabled its original proposal for the facilities.

The Dodd-Frank Wall Street Reform and Consumer Protection Act called for swap transactions to be executed on trading platforms such as existing futures exchanges or swap execution facilities. The goal was to increase transparency of swap trading by allowing market participants to easily access price quotes on futures contracts....
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