The Commodity Futures Trading Commission (CFTC) is seeking public comments on the proposed renewal of information collection related to Swap Execution Facilities (SEFs). This collection is part of the regulatory requirements set by the Dodd-Frank Act to ensure SEFs comply with specific standards. The CFTC aims to revise its current estimates on the number of registered SEFs and invites feedback on various aspects of the information collection process, including its necessity and potential improvements. Comments can be submitted through various methods by March 22, 2021.
Simple Explanation
The Commodity Futures Trading Commission (CFTC) wants to make sure places where people trade swaps, called SEFs, are following the rules. They are asking people to share their thoughts about this by March 22, 2021, to improve how they collect information about these trading places.