Copying and distributing are prohibited without the permission of the publisher. If you wish to distribute this content please contact Christopher Hunt (firstname.lastname@example.org) for a quote.
Subscribe today: Order Euromoney by contacting us on +44 (0)20 7779 8999 (UK) or +1 212 224 3570.
When Scott O’Malia approved the final swap execution
facility (SEF) rules in August 2013, he did so “reluctantly”.
His fears were realized when the regime quickly wrought
international havoc. In one of his last interviews before
leaving the US Commodity Futures Trading Commission
(CFTC), he relives the ordeal of bringing these rules to
market and highlights many of the challenges still to come.