The CFTC permitted a registered derivative clearing organization located in Europe to clear swap transactions on behalf of the customers of futures commission merchants.
SIFMA Asset Management Group and the National Futures Association urged the CFTC to amend its proposal to simplify regulatory obligations for commodity pool operators and commodity trading advisors.
The CFTC issued an amended order exempting four EU-authorized multilateral trading facilities from the requirement to register as a swap execution facility.
The SEC Division of Corporation Finance granted an exemption from Exchange Act Rules on unlawful tender offers to a public company incorporated under the laws of India.
CFTC Commissioner Brian Quintenz expressed support for an approach toward substituted compliance determinations that distinguishes between the rules designed to address systemic risk reforms and those designed to address market activities.
The Department of Finance Canada, the Ministry of Finance and Public Credit of Mexico, and the U.S. Department of the Treasury established a financial regulatory forum.
The European Securities and Market Authority is working with the European Commission to plan "preparatory actions for the recognition process of UK [central counterparty clearing houses]" in the event of a "no-deal" situation.
