Letter to Regulators: AFR Supports Competitive Swaps Trading

The AFR Education Fund wrote a letter to the Commodity Futures Trading Commission supporting the agency’s proposal to require anonymous trading of cleared derivatives on Swaps Execution Facilities. Revealing the identity of trading partners can prevent new competitors from entering these markets and bidding down prices. Barriers to competition create unfair advantages for the small group of giant Wall Street banks that dominate these trading markets.

Download the letter below