Swap data reporting framework gets minor fixes

摘要

A controversial decision from the CFTC regarding which firms in the derivatives market get to choose where swaps data is reported has continued to haunt the agency several years after the fact. The decision - which gives both trading platforms and clearinghouses the ability to report separate sets of data and allows some of those firms to report to their own captive data repositories - brought a lawsuit at the time that was largely upheld in court. Since then, agency commissioners have admitted that the framework for reporting is disjointed, without pointing fingers at those particular decisions. And staffhave also struggled to implement reforms that would fix the issue, sparking frustration for market participants.