{"id":3333,"date":"2013-11-04T09:41:12","date_gmt":"2013-11-04T14:41:12","guid":{"rendered":"http:\/\/centerforfinancialstability.org\/wp\/?p=3333"},"modified":"2013-11-04T09:41:12","modified_gmt":"2013-11-04T14:41:12","slug":"cftc-extends-comment-period-on-certification-from-javelin-sef-to-implement-available-to-trade-determinations","status":"publish","type":"post","link":"https:\/\/centerforfinancialstability.org\/wp\/2013\/11\/04\/cftc-extends-comment-period-on-certification-from-javelin-sef-to-implement-available-to-trade-determinations\/","title":{"rendered":"CFTC Extends Comment Period on Certification from Javelin SEF to Implement Available-to-Trade Determinations"},"content":{"rendered":"<p>The CFTC extended the public comment time period on a certification from Javelin SEF, LLC to implement available-to-trade determinations for certain interest rate swap contracts.&nbsp; <!-- break --><\/span><span class=\"Body\">On October 31, 2013, Javelin submitted amended available-to-trade determinations to the CFTC on a self-certified basis. <\/span><\/p>\n<p class=\"Body\">The CFTC is extending the comment period to December 2, 2013.&nbsp;<\/p>\n<p class=\"Action_Box\"><em><span class=\"Subheader\">Lofchie Comment<\/span><\/em><span class=\"Subheader\">:<\/span><em>&nbsp;<\/em> It is good that the CFTC is extending the comment period, however, the bar for a &#8220;made available to trade&#8221; determination is set at such a low level that it is not clear what firms can comment on.  The question is whether the market, the regulators, the technology and the rules are ready.  The answer seems to be no.  Market readiness should be made part of the &#8220;made available to trade&#8221; determination.<\/p>\n<p class=\"Comment_Box\"><span class=\"Subheader\">See:<\/span> <a href=\"http:\/\/www.cftc.gov\/PressRoom\/PressReleases\/pr6760-13\">CFTC Press Release<\/a>. <br \/><span class=\"Subheader\">Related news: <\/span><a href=\"http:\/\/centerforfinancialstability.org\/wp\/?p=3210\" title=\"SEF Seeks Determination of Mandatory Exchange Trading of Swaps\">SEF Seeks Determination of Mandatory Exchange Trading of Swaps<\/a> (October 21, 2013).<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The CFTC extended the public comment time period on a certification from Javelin SEF, LLC to implement available-to-trade determinations for certain interest rate swap contracts.&nbsp; On October 31, 2013, Javelin submitted amended available-to-trade determinations to the CFTC on a self-certified &hellip; <a href=\"https:\/\/centerforfinancialstability.org\/wp\/2013\/11\/04\/cftc-extends-comment-period-on-certification-from-javelin-sef-to-implement-available-to-trade-determinations\/\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[35,9],"tags":[],"class_list":["post-3333","post","type-post","status-publish","format-standard","hentry","category-derivatives","category-reg"],"_links":{"self":[{"href":"https:\/\/centerforfinancialstability.org\/wp\/wp-json\/wp\/v2\/posts\/3333","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/centerforfinancialstability.org\/wp\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/centerforfinancialstability.org\/wp\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/centerforfinancialstability.org\/wp\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/centerforfinancialstability.org\/wp\/wp-json\/wp\/v2\/comments?post=3333"}],"version-history":[{"count":2,"href":"https:\/\/centerforfinancialstability.org\/wp\/wp-json\/wp\/v2\/posts\/3333\/revisions"}],"predecessor-version":[{"id":3335,"href":"https:\/\/centerforfinancialstability.org\/wp\/wp-json\/wp\/v2\/posts\/3333\/revisions\/3335"}],"wp:attachment":[{"href":"https:\/\/centerforfinancialstability.org\/wp\/wp-json\/wp\/v2\/media?parent=3333"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/centerforfinancialstability.org\/wp\/wp-json\/wp\/v2\/categories?post=3333"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/centerforfinancialstability.org\/wp\/wp-json\/wp\/v2\/tags?post=3333"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}