On May 22, Acting CFTC Chairman Wetjen announced three actions to (i) protect liquidity for certain end-users of swaps with utility special entities, (ii) further consider certain issues relating to hedging of physical commodities, and (iii) promote trading on Designated Contract Markets (DCMs) and Swap Execution Facilities (SEFs). Press Release.
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.
