CFTC and Canadian Provincial Financial Regulators Sign MOU

CFTC Chair Timothy Massad signed counterpart agreements to a Memorandum of Understanding ("MOU") with Canadian financial regulators in Saskatchewan, New Brunswick and Nova Scotia. The MOU provides for cooperation and the exchange of information in the supervision and oversight of regulated entities that operate on a cross-border basis in the United States and Canada.

All parties expressed their willingness, pursuant to the MOU, to cooperate in fulfilling their respective regulatory mandates. The entities that fall within the scope of the MOU include (i) markets and organized trading platforms, (ii) central counterparties, (iii) trade repositories, and (iv) intermediaries, dealers and other market participants.