The CFTC set a comment deadline on proposed rule amendments which would codify no-action relief regarding the treatment of separate accounts by futures commission merchants ("FCMs"). The comment deadline was published in the Federal Register.
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The CFTC voted to propose rule amendments to codify no-action relief regarding the treatment of separate accounts by futures commission merchants.
In an FIA and SIFMA Asset Management Group flash poll conducted in January 2023, the associations found that - largely due to the regulatory environment - members expect further consolidation in the derivatives industry and a decrease in product offerings.
IOSCO revised its 2011 "Principles for the Regulation and Supervision of the Commodity Derivatives Markets" to address market developments and recent commodity markets volatility.
A futures commission merchant settled CFTC charges for failing to (i) implement an adequate AML program, (ii) impose risk-based trading position limits on a customer's accounts and (iii) maintain customer records for a substantial period of time.