The Board of Governors of the Federal Reserve adopted new operational risk management requirements for systemically important designated clearing organizations.
News & Insights
The CFTC extended the comment period until April 1, 2024, for a proposed rule that would require that futures commission merchants and swap dealers establish and maintain an "Operational Resilience Framework."
The CFTC proposed a rule to require that futures commission merchants and swap dealers establish and maintain an "operational resilience framework" focusing on three components: information and technology security, third-party relationships and disruptions to standard business operations.
The CFTC set an effective date of September 7, 2023 for a final rule amending reporting requirements for derivatives clearing organizations.
The CFTC unanimously approved a final rule that amends "certain reporting and information regulations applicable to derivatives clearing organizations."