Description

Type: int

Specifies the regulatory mandate or rule that the transaction complies with.

Valid values:

  • 0 = None (default if not specified)

    The transaction does not fall under any special regulatory rule or mandate.

  • 1 = Swap Execution Facility (SEF) required transaction

    The transaction is a "Required" transaction under Dodd-Frank Act SEF Rules. "Required" transactions are subject to the trade execution mandate under section 2(h)(8) of the CEA and are not block trades.

  • 2 = Swap Execution Facility (SEF) permitted transaction

    The transaction is a "Permitted" transaction under Dodd-Frank Act SEF Rules. "Permitted" transactions are not subject to the clearing and trade execution mandates, illiquid or bespoke swaps, or block trades.

Used In