The National Futures Association (NFA) has proposed a new rule that would require registered commodity pool operators (CPOs) that are members of the NFA (CPO Members) to report to the NFA by 5:00 pm Central Time the next...more
3/10/2021
/ Capital Markets ,
Commodities Traders ,
Commodity Pool ,
Commodity Trading Advisors (CTAs) ,
Margin Calls ,
National Futures Association ,
Redemption Agreement ,
Regulatory Requirements ,
Reportable Events ,
Reporting Requirements ,
Swaps
The Commodity Futures Trading Commission (CFTC) has unanimously approved amendments to the real-time swap reporting rules in Part 43 of the CFTC’s regulations by, among other things, clarifying the applicability of the rules...more
The US Commodity Futures Trading Commission adopted final rules on June 25 prohibiting post–trade name give-up for anonymously executed and intended-to-be-cleared swaps effected on swap execution facilities....more
The US Commodity Futures Trading Commission has approved an interim final rule extending the Phase 5 initial margin compliance deadline for uncleared swaps by one year....more
To help address market participants in the face of the coronavirus (COVID-19) crisis, the Basel Committee on Banking Supervision and the International Organization of Securities Commissions have provided a one-year extension...more
Many Commodity Futures Trading Commission registrants and other market participants are responding to the coronavirus (COVID-19) pandemic by implementing business continuity plans that move personnel from their “normal...more
3/23/2020
/ Business Continuity Plans ,
CFTC ,
Coronavirus/COVID-19 ,
DSIO ,
Financial Markets ,
Foreign Exchanges ,
Futures ,
Market Participants ,
No-Action Relief ,
Relief Measures ,
Swaps
After a decade of rulemaking efforts, the Commodity Futures Trading Commission is proposing revisions to its regulations concerning federal speculative position limits to conform to the Wall Street Transparency and...more
The Dodd-Frank Act amended the Commodity Exchange Act (the Act) to create a new regulatory framework for swaps, and added Section 2(i) to require the application of the Dodd-Frank Act swap requirements to activities that...more
2/7/2020
/ CFTC ,
Commodities ,
Commodity Exchange Act (CEA) ,
Cross-Border Transactions ,
Dodd-Frank ,
Financial Services Industry ,
Financial Transactions ,
New Guidance ,
Rulemaking Process ,
Swap Trading ,
Swaps
No-action relief confirms that non-US asset managers may rely on an exemption from CFTC registration when trading uncleared swaps in the United States for the accounts of their non-US clients, an issue that had been in doubt...more
2/22/2016
/ CFTC ,
Commodity Pool ,
Commodity Trading Advisors (CTAs) ,
CPOs ,
Dodd-Frank ,
Foreign Business Exemption ,
No-Action Relief ,
Non-US Entities ,
Swap Clearing ,
Swaps ,
Uncleared Swaps
The letter modifies previous No-Action Letter 13-22, to expand relief for treasury affiliates entering into swaps on behalf of non-financial end-user affiliates that could otherwise elect the exception in section 2(h)(7) of...more
Order grants exemptive relief from Exchange Act requirements; parallel CFTC relief expected soon.
On December 14, the Securities and Exchange Commission (SEC) issued an order granting exemptive relief (Exemptive Order)...more