CFTC Final Rule Regarding Residual Interest Deadline for FCMs Published in the Federal Register
The CFTC final rule that removes the December 31, 2018 automatic termination date for the phased-in compliance schedule for futures commission merchants ("FCMs") was published in the Federal Register.
The final rule, which will become effective on May 26, 2015, also provides assurance that the residual interest deadline will be revised only through a separate CFTC rulemaking.
See: 80 FR 15507.
Related news: CFTC Approves Final Rule Regarding Residual Interest Deadline for FCMs (with Zwirb Comment) (March 18, 2015).