October 23, 2014

Appeal For Help | SEF Terms and Conditions

I have had an enquiry from a US investment management firm, who is beginning to engage with SEFs. The firm has been reviewing the rulebooks from certain SEFs quite closely, and have concerns over a number of issues, which they'd like help with:

  • Personal liability of their staff
  • Indemnifying staff against legal issues with the SEF
  • Inspection of their own Books and Records by the SEF
  • Suitable training for staff who engage with the SEF
  • The definition of 'supervised persons'
  • The indirect trading model

From seeing a longer list this seems like an opportunity for a similar buy-side firm to help out on a call, or else a law firm to advise on the real-world implementation of the SEF rule books. If anyone has experience of the legal and compliance side of a SEF rule book for a small investment management firm, and can spare an hour on a call, contact myself directly first and I will put you in touch with our mutual acquaintance.


Most Viewed


Related Articles

September 15, 2022

Tradefeedr Hires Alexis Fauth as Head of Data Science and Client Analytics



September 6, 2022

Siege FX announces the launch of NetFix



August 2, 2022

OSTTRA and LCH collaborate to reconcile bilateral OTC trade data


Post Trade Processing