CFTC Orders tpSEF to Pay $850,000 for Violation of 15-Second Delay Rule for Execution of Cross Transactions on Swap Execution Facility
September 30, 2022
September 30, 2022
WASHINGTON, Sept. 30 -- The Commodity Futures Trading Commission issued the following enforcement news release on Sept. 29, 2022:
The Commodity Futures Trading Commission today issued an order simultaneously filing and settling charges against tpSEF, Inc., a registered swap execution facility (SEF), for failing to comply with the CFTC 15-second delay requirement for certain required transactions on a SEF order book.
Specifically, the CFTC regulation requires that for or . . .
The Commodity Futures Trading Commission today issued an order simultaneously filing and settling charges against tpSEF, Inc., a registered swap execution facility (SEF), for failing to comply with the CFTC 15-second delay requirement for certain required transactions on a SEF order book.
Specifically, the CFTC regulation requires that for or . . .