The Chicago Mercantile Exchange Group proposed changes to its rules that would create a new category of direct clearing member called a "Direct Funding Participant".
News & Insights
The CFTC Division of Swap Dealer and Intermediary Oversight issued exemptive relief to a commodity pool operator of a feeder fund in order to permit the filing of a 15-month audited Annual Report. The relief will facilitate the pool's recent change of its fiscal year.
The Office of Financial Research asserted that "severe adverse outcomes in the U.K. from 'Brexit' could pose a risk to U.S. financial stability."
The Board of Governors of the Federal Reserve System extended the comment period for a proposed rulemaking regarding the regulatory capital requirements for supervised institutions engaged in insurance activities.
The CFTC awarded approximately $50,000 to a whistleblower who provided information that assisted the CFTC in an enforcement action.