Title: 16-74
File Link
CSL Letter Types
CSL Divisions
CSL Issuance Date
Description
The Division of Market Oversight is issuing a no-action letter that extends the relief provided in Letter No. 15-60 by permitting swap execution facilities (“SEFs”) to provide for the use of a non-Order Book trading system or platform to execute block trades for swaps that are intended to be cleared, subject to certain conditions.