(8)Legally binding requirements for SEFs authorised in the USA are set forth in the CEA in the form of a principles-based legal framework. SEFs operate under Section 5h of the CEA, which was added by Section 733 of the Dodd-Frank Wall Street Reform and Consumer Protection Act for the trading and processing of swaps. Section 5h of the CEA sets out 15 Core Principles for SEFs. In order to obtain and maintain registration with the CFTC, SEFs must comply with the 15 Core Principles. A SEF must also comply with CFTC regulations applicable to SEFs on an initial and ongoing basis.