In a no-action letter, the CFTC’s Market Participants Division said it will not recommend an enforcement action against a swap entity for its failure to disclose to certain counterparties the Pre-Trade Mid-Market Mark of certain swaps on the Secured Overnight Financing Rate under certain conditions.
News & Insights
CFTC Commissioner Kristin N. Johnson called for improved corporate governance and comprehensive regulation for the crypto markets.
The Inter-Agency Working Group for Treasury Market Surveillance reported progress on efforts to ensure that the Treasury market "remains the deepest and most liquid market in the world and a central component of the financial system."
The CFTC and French financial regulators have signed a Memorandum of Understanding aimed at facilitating cooperation and the exchange of information related to supervising covered institutions that operate on a cross-border basis in the United States and France.
CFTC Chair Rostin Behnam described the agency's ongoing regulatory and enforcement efforts "to address the expanding dislocation between regulation and innovation."