AEGIS SEF, LLC Secures Swap Execution Facility Registration from CFTC

The Commodity Futures Trading Commission (CFTC) has issued an Order of Registration to AEGIS SEF, LLC (AEGIS SEF) on wednesday. With the grant, the company became a registered swap execution facility (SEF). 

AEGIS SEF, headquartered in The Woodlands, Texas, is a Delaware limited liability company and an affiliate of AEGIS CTA, LLC, a commodity trading advisor.

The order was issued under Section 5h of the Commodity Exchange Act (CEA) and CFTC Regulation 37.3(b). After review of AEGIS SEF’s application and associated exhibits, the CFTC determined AEGIS SEF demonstrated its ability to comply with the CEA provisions and CFTC regulations applicable to SEFs.

According to the terms and conditions of the order,   AEGIS SEF is required, among other things, to comply with all provisions of the CEA and the CFTC's regulations applicable to SEFs.

The announcement stated that there will be 20 SEFs registered with the CFTC after the addition of AEGIS SEF.

For unregistered entities, the CFTC periodically updates its Registration Deficient List (RED List). Most recently, the regulator has issued warning against 34​ unregistered foreign entities.