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trueEX Requests that CFTC Amend Order of Designation as a Contract Market

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Explore:  CFTC trueEX

The Commodity Futures Trading Commission is seeking public comment regarding a request by trueEX LLC (trueEX) to amend its order of designation as a contract market. Pursuant to the request, trueEX intends to allow for intermediation in connection with trading activities on the trueEX platform. trueEX currently only allows principal-to-principal trading on its platform.

Comments must be submitted to the CFTC by March 1, 2013. The CFTC notice requesting comment is available here. The request submitted to the CFTC is available here.

 


Topics:  CFTC, trueEX

Published In: Commercial Law & Contracts Updates, Finance & Banking Updates, Securities Law Updates

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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