Risk, challenge or uncertainty concept - domino game stones form

CNBC reports:

The Securities and Exchange Commission has voted unanimously to propose a rule for the registration and regulation of security-based swap execution facilities.

A swap execution facility, or SEF, is an electronic trading platform that allows participants to buy and sell swaps. A swap is a contract through which two parties exchange the cash flows or liabilities from two different financial instruments. 

Swaps are a very large part of the derivatives market, and they are used to manage risk. For example, one of the ...

Subscription required for Premium stories

In order to view the entire article please login with a valid subscription below or register an account and subscribe to Premium
Premium subscriber
New Premium subscriber REGISTER

Comment on this article

You must be logged in to post a comment.


    CNBC Walmart