The CFTC Market Participants Division granted no-action relief to a futures commission merchant regarding the manner in which it receives and holds funds deposited by Taiwan-based customers, when there may be a conflict between CFTC and Taiwan regulation governing the segregation of customer funds.
News & Insights
33 News Results
FIA urged the SEC to exclude futures commission merchants from its proposed requirement to centrally clear transactions in Treasury securities.
NFA provided guidance on annual affirmation obligations for CPOs and CTAs that are exempt from CFTC registration.
A futures commission merchant settled CFTC charges for failing to adequately supervise customer accounts carried on behalf of an unaffiliated introducing broker.
The Treasury Department urged financial institutions to be on alert for malicious or fraudulent transactions, and to notify FinCEN of any potential delays in submitting Suspicious Activity Reports.