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CFTC Commissioner Pham Issues Statement on Final Rule on Swap Confirmation Requirements for Swap Execution Facilities
April 24, 2024
WASHINGTON, April 24 -- The Commodity Futures Trading Commission issued the following statement on April 23, 2024, by Commissioner Caroline D. Pham on the final rule on Swap Confirmation Requirements for Swap Execution Facilities:

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I support the Final Rule on Swap Confirmation Requirements for Swap Execution Facilities (SEF Confirmation Final Rule) because it resolves the temporal impossibility of requiring SEF confirmations at the time of execution for block trade . . .

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