CFTC should allow voice trading for Sefs, says Chilton
Final rules on swap execution facilities (Sefs) should allow voice-brokered execution, according to Bart Chilton, commissioner at the Commodity Futures Trading Commission (CFTC).
The issue has been hotly debated since the agency's proposals in January 2011 suggested the new over-the-counter derivatives trading platforms should be electronic only. Speaking at the Risk USA conference in New York earlier this week, Chilton said he expects final Sef rules to be voted on in the next four to five
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