Statement by the CFTC and the European Commission on progress relating to the implementation of the 2013 Path Forward Statement

On 12 February 2014, Acting Chairman Mark Wetjen and European Commissioner Michel Barnier announced that staff of the United States Commodity Futures Trading Commission (CFTC) and staff of the European Commission (EC) have made significant progress towards harmonizing a regulatory framework for CFTC-regulated swap execution facilities (SEFs) and EU-regulated multilateral trading facilities (MTFs), as contemplated under the Path Forward statement issued in July 2013.

ESO: Background information: The European Commission and the CFTC reach a Common Path Forward on Derivatives http://www.europeansources.info/record/memo-the-european-commission-and-the-cftc-reach-a-common-path-forward-on-derivatives/

ESO: Background Information: EU and US reach last-minute derivatives deal http://www.europeansources.info/record/eu-and-us-reach-last-minute-derivatives-deal/

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