Events listed in Commodity Exchange Act
CFTC Divisions Issue Staff Advisory on Affiliations Among CFTC-Regulated Entities
ID 26339
Following the launch of a request for comment (RFC) to gather insights into and inform possible future regulation as regards potential issues arising from affiliations between CFTC-registered entities and market participants by the staff of the divisions of Market Oversight, Clearing and Risk, and Market Participants of the CFTC in June 2023 (EventID 21982), the divisions have now published a Staff advisory (23-16) in ...
CFTC Seeks Public Comment on Proposed Rule to Amend Capital and Financial Reporting ...
ID 26324
The Commodity Futures Trading Commission (CFTC) has published a press release to inform of the launch of a consultation as regards revisions to the financial reporting obligations of Swap Dealers (SDs) and Major Swap Participants (MSPs). The Commission thereby primarily seeks to ease financial reporting burdens on SDs and MSPs and clarify existing obligations following the implementation of these requirements in 2020 and subsequent ...
CFTC’s Division of Clearing and Risk Issues Extension of No-Action Letter for ...
ID 24921
The U.S. Commodity Futures Trading Commission (CFTC) has published a press statement to announce that its Division of Clearing and Risk (DCR) has extended its no action relief to the Taiwan Futures Exchange (TAIFEX) in connection with the clearing of certain derivatives. Specifically, in its corresponding CFTC Staff Letter 23-12, the DCR states that it will not recommend any enforcement action for the clearing ...
Provisions Common to Registered Entities
ID 24854
The Commodity Futures Trading Commission (CFTC) has launched and published in the Federal Register a consultation on proposed rule amendments to its regulations under the Commodity Exchange Act (CEA) to streamline the process by which registered entities submit self-certifications and approval requests for their rules, rule amendments, and new products for trading and clearing. The goal of these proposed amendments is to streamline (simplify) ...
CFTC Staff Extends Request for Comment on the Impact of Affiliations of Certain ...
ID 24624
The Commodity Futures Trading Commission (CFTC) has published a press statement to inform that the staff of the Divisions of Market Oversight, Clearing and Risk, and Market Participants at the Commission is extending the comment period on its request for comment which seeks to gather insights into potential issues arising from affiliations between CFTC-registered entities and market participants. A detailed description of the *request ...
Reporting and Information Requirements for Derivatives Clearing Organizations
ID 24591
Following the announcement of finalized regulation including revisions to various rules under Statutory Instrument 17 CFR Part 39 concerning business operation requirements of DCOs and revisions to rule § 140.94 under Statutory Instrument 17 CFR Part 140 pertaining to various registration, filing, or publication requirements of derivatives clearing organizations (DCOs) (please see EventID #22513 in this context), the Commodity Futures Trading Commission (CFTF) has ...
Margin Requirements for Uncleared Swaps for Swap Dealers and Major Swap Participants
ID 24582
Following the notification by the US Commodity Futures Trading Commission (CFTC) in July this year (please see EventID #22513), the Commission has now published in the Federal Register its proposed rule to amend Statutory Instrument 17 CFR Part 23 to change the margin requirements for uncleared swaps, specifically those pertaining to swap dealers (SDs) and major swap participants (MSPs) not under the oversight of ...
Risk Management Program Regulations for Swap Dealers, Major Swap Participants, and ...
ID 24255
As previously announced on June 6, 2023 (please see EventID 21420 in this context for more information), the U.S. Commodity Futures Trading Commission, CFTC, has published in the Federal Register (FR) its so-called advanced notice of proposed rulemaking (ANPRM) as regards risk management requirements of swap dealers (SDs) and future commission merchants (FCMs) many of which are major Wall Street banks or prudentially-regulated institutions. ...
Governance Requirements for Derivatives Clearing Organizations
ID 24218
As previously announced by U.S. Commodity Futures Trading Commission (CFTC) (please see EventID 21565 in this context for more information), the Commission has now published in the Federal Register its final rule as regards enhanced governance requirements of Derivative Clearing Organizations (DCOs). The aim of the new rule is to improve risk management processes of DCOs, including the identification and handling of risks, so ...
Agency Information Collection Activities: Proposed Collection, Comment Request: ...
ID 24213
In view of the finalization of its rule as regards enhanced governance requirements of Derivative Clearing Organizations, DCOs, (please see EventID 22279 in this context for a detailed description of the new rule), the U.S. Commodity Futures Trading Commission (CFTC) has now published in the Federal Register for public comment the proposed „collection“ of certain information under the final rule. Specifically, the new rule ...