O’Malia Shows Concern Over Javelin MAT Approval

20 Jan 2014

The Commodity Futures Trading Commission has set a dangerous precedent by approving a made available to trade submission for interest rate swaps from swap execution facility Javelin, according to Scott O’Malia, CFTC commissioner.

The Commodity Futures Trading Commission has set a dangerous precedent by approving a made available to trade submission for interest rate swaps from swap execution facility Javelin, according to Scott O’Malia, CFTC commissioner.

On Thursday, the first MAT approval in the U.S. triggered a 30-day countdown until interest ...

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