Massad: Sefs fear retaliation if they end name give-up
Isda AGM: CFTC chair is "very concerned" by claims that firms are being shut out of Sefs
A seemingly trivial stand-off over the disclosure of counterparty names may threaten one of the pillars of US swap trading rules – the provision of impartial access – the head of the US Commodity Futures Trading Commission (CFTC) has said.
Speaking at the International Swaps and Derivatives Association annual meeting in Montreal earlier today (April 23), CFTC chairman Timothy Massad elaborated on his concerns about the practice of post-trade name give-up, in which the identity of counterparties
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