ARTICLE
6 January 2020

Federal Register: CFTC Proposes Prohibiting Certain "Post-Trade Name Give-Up" Practices

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Cadwalader, Wickersham & Taft LLP

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Cadwalader, established in 1792, serves a diverse client base, including many of the world's leading financial institutions, funds and corporations. With offices in the United States and Europe, Cadwalader offers legal representation in antitrust, banking, corporate finance, corporate governance, executive compensation, financial restructuring, intellectual property, litigation, mergers and acquisitions, private equity, private wealth, real estate, regulation, securitization, structured finance, tax and white collar defense.
The CFTC-proposed rule prohibiting "post-trade name give-up" at swap execution facilities ("SEFs") was published in the Federal Register. Comments must be submitted by March 2, 2020.
United States Finance and Banking
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The CFTC-proposed rule prohibiting "post-trade name give-up" at swap execution facilities ("SEFs") was published in the Federal Register. Comments must be submitted by March 2, 2020.

As previously covered, the CFTC unanimously approved a proposal to prohibit requiring "post-trade name give-up" practices for swaps that are anonymously executed on an SEF that are intended to be cleared. Under the proposal, SEFs are required to implement and enforce rules that prohibit such a disclosure. The proposal follows a request for comments issued by the CFTC in November 2018.

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.

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