The CFTC updated two Orders to exempt three additional Singapore-based trading platforms and four additional EU-based trading platforms from having to register as swap execution facilities.
A registered swap execution facility settled CFTC charges relating to the requirement that certain swaps be exposed to a central order book for at least 15 seconds after entry.
A designated contracts market settled CFTC charges for failing to establish a risk analysis program designed to minimize operational risk related to cybersecurity and cyber resiliency.
The CFTC sanctioned a digital asset commodity trading platform for failing to register with the CFTC as either a DCM or an FCM and offering trading in CFTC-regulated products to retail investors.
Industry and trade groups weighed in on an SEC proposal to establish a regulatory scheme for security-based swap execution facilities. The comment period closed on June 10, 2022.