CFTC Orders tpSEF to Pay $850,000 for Violation of 15-Second Delay Rule for Execution of Cross Transactions on a SEF
Washington, D.C. — The Commodity Futures Trading Commission today issued an order simultaneously filing and settling charges against tpSEF, Inc ., a registered swap execution facility (SEF), for failing to comply with the CFTC 15-second delay requirement for certain required transactions on a SEF order book.
Source: pressreleasepoint.com