CFTC Seeks Comment on CME Advisory Notice Regarding Wash Trades

The CFTC seeks public comment on a request from the Chicago Mercantile Exchange, The Board of Trade of the City of Chicago, New York Mercantile Exchange, Commodity Exchange, and Kansas City Board of Trade for approval of CME Group Market Regulation Advisory Notice RA1308-5. The Advisory Notice contains: (a) FAQ; (b) guidance concerning CME Rule 534 ("Wash Trades Prohibited") and activity that may constitute wash trading; and (c) information concerning "Self-Match Prevention" functionality on the CME Globex platform.

Comments Due: August 14, 2013.

See: CFTC Press Release.