The CFTC granted London-based NEX SEF Limited ("NEX SEF") full registration status with the CFTC as a swap execution facility ("SEF"). In lieu of compliance with certain confirmation, recordkeeping, reporting, audit trail requirements and account statement distributions imposed by CFTC rules, the Order of Registration requires NEX SEF to comply with the specifications of CFTC Letters 15-68 and 17-17.
A total of twenty-four SEFs are now registered fully with the CFTC.
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