Comments on CFTC proposed rules on governance and conflict standards for Designated Contract Markets and Swap Execution Facilities are due on or before April 22, 2024.
News & Insights
The CFTC proposed new rules and amendments establishing governance and fitness requirements with respect to market regulation functions and conflict of interest standards at Designated Contract Markets and Swap Execution Facilities.
The equity exchanges submitted a new joint national market system plan "to govern the public dissemination of real-time consolidated equity market data for NMS stocks."
The SEC set an effective date of February 5, 2024 for amendments establishing new governance requirements aimed at reducing the likelihood that conflicts of interest influence a clearing agency's board of directors.
CFTC rule amendments requiring derivatives clearing organizations to involve key stakeholders in their governance went into effect on July 13, 2023. The compliance deadline is July 12, 2024.