Timeline for Implementation of SEF Trade Execution Requirements (Prepared by Delta Strategy Group)

The attached document, prepared by the Delta Strategy Group, shows an estimated timeline for the implementation of the “SEF” requirements; i.e., (i) the ability for certain swap execution facilities (“SEFs”) to register with the CFTC, (ii) the implementation of the requirement that certain swaps be traded on a SEF or on a fully regulated futures exchange and (iii) the process for determining the “block” size at which certain trading information would not be immediately publicly disseminated. 

Click here to see the draft timeline prepared by Delta Strategy Group.