Events listed in [CFTC] Commodity Futures Trading Commission
CFTC Releases Enforcement Advisory on Penalties, Monitors and Admissions
ID 25358
The Division of Enforcement of the U.S. Commodity Futures Trading Commission (CFTC) has released a new advisory aimed at providing guidance to enforcement staff on the Commission’s future approach towards enforcement. This approach has been revised in the past two years to achieve better accountability for regulatory breaches and prevent market misconduct altogether. A particular focus thereby lies on the prevention of recurring violations ...
CFTC Approves Proposed Rule Regarding Exemptions from Certain Compliance ...
ID 25178
The U.S. Commodity Futures Trading Commission, CFTC, recently announced an upcoming consultation on revisions to its Rule § 4.7 under 17 CFR Part 4 which specifies exemptions from regulatory requirements for commodity pool operators (CPOs) and for commodity trading advisors (CTAs) when offering services to or advising qualified eligible persons (QEPs). According to the rule as set out in the early 90’s, QEPs are deemed ...
CFTC Vacates SEF Registration of SwapEx LLC
ID 25149
The U.S. Commodity Futures Trading Commission (CFTC) published a news release to inform market participants of the withdrawal of registration of SwapEx LLC as a swap execution facility (SEF). The „exchange“ used to provide a platform for trading commodity derivatives products, including interest rate swaps. The request by the SEF for discontinuance, which was submitted to the CFTC on June 16, 2023, was approved ...
CFTC Announces Technology and Fraud Virtual Event to Explore Social Media ...
ID 25059
The U.S. Commodity Futures Trading Commission has published a press statement to inform that its Office of Customer Education and Outreach (OCEO) and Office of Technology Innovation (OTI) will be hosting a virtual event called „Technology and Fraud: Stopping Scams in a Digital World“ on October 4, 2023 as part of the upcoming World Investor Week. The event is now open for registration via ...
CFTC Staff Extends No-Action Position for Certain Reporting Obligations Under the ...
ID 25046
On September 22, 2023, the U.S. Commodity Futures Trading Commission (CFTC) announced the extension of previously granted relief regarding the mandatory Ownership & Control Reporting (OCR) whose primary purpose it is to collect information about the ownership and control of positions in futures and options contracts as well as swaps in order to monitor market participants and identify potential market manipulation. Specifically, the Commission’s ...
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 ...
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 ...
CFTC Approves Final DCO Reporting and Information Requirement and Three Proposals ...
ID 24396
The US Commodity Futures Trading Commission (CFTC) has published the outcome of its most recent open meeting on July 26, 2023. Specifically, the Commission approved one final rule and three proposed rules as briefly described below: #### Final rule as regards reporting and information requirements for derivatives clearing organizations (DCOs) Following a corresponding consultation in November 2022, the CFTC has now published the final ...
CFTC Staff Extends Temporary No-Action Letter Regarding Certain Financial Reporting ...
ID 24166
The U.S. Commodity Futures Trading Commission (CFTC) has published a press release to announce that its Market Participants Division (MPD) has extended previously granted no-action relief to bank swap dealers (SDs) with respect to certain financial reporting requirements and filing deadlines. The extended relief measures are a consequence of the regulatory reporting requirements of the CFTC that took effect on October 6, 2021, but ...
CFTC Announces Trade Execution Requirement for Certain SOFR and SONIA OIS
ID 24087
The U.S. Commodity Futures Trading Commission, CFTC, has issued a press release in which it announces the approval of a so-called made-available-to-trade (MAT) determination for several classes of overnight index swaps. This determination subjects affected securities to swap execution requirements on a swap execution facility (SEF) or designated contract market (DCM), preventing any such swaps from being traded bilaterally between counterparties. The affected instruments ...