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NFA Seeks Extension of Comment Period for CFTC Proposed Rule on Enhancing Protections Afforded Customers and Customer Funds Held by FCMs and DCOs

The NFA has submitted a letter to the CFTC requesting a thirty-day extension of the comment period for the above-described rulemaking to February 13, 2013. The NFA states in the letter that it is particularly concerned with proposed changes to SRO examination practices and seeks further time to evaluate the costs and benefits of the proposal.

Click here to view comment letter in full (links externally to NFA website).

Tags

Regulated Activities
Custody Activity Limits Ownership
Sub-Activity
Permitted Investments
Regulated Entities
FCMs and IBs, Floor Brokers Markets
Sub-Entity
Clearing Organizations
Regulated Products
Futures / Security Futures Options Swaps / SBS
Body of Law
CEA Regulation
Jurisdiction
US - Federal
Organization
CFTC, NFA, CFTC Markets
Sub-Author
NFA