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News: How Many Swap Dealers? | CFTC and The Judean People's Front

21 October 2013 | Ben Larah

The CFTC updated their list of provisionally registered Swap Dealers (SDs) on 18th October 2013. A list of conditions under which a party must register (PDF) as a Swap Dealer can be found on their site. The list contains 87 separate entries, confirmed in a recent interview with Gary Gensler in The Washington Post.

I should point out that the list may only contain 86 unique different dealers, as the following appear to be duplicates:

  • NORTHERN TRUST COMPANY THE
  • THE NORTHERN TRUST COMPANY

This brings to mind the mix up between the Judean People's Front, and the The People's Front of Judea, not the same thing, search on YouTube for the full story.


Comments

It also raises the question how the CFTC will ever be able to monitor e.g. trade repository data - if it's not able to make an easy duplicate search across 87 entries...

Obviously there are human beings at work - even at the CFTC !

Yes and they may be supporters of the Front for People in Judea too.