CFTC and Manitoba Securities Commission Sign Counterpart to MOU to Enhance Supervision of Cross-Border Regulated Entities

The CFTC announced that, on October 21, 2014, Chair Tim Massad and Chair of the Manitoba Securities Commission ("MSC") Donald Murray signed a Counterpart to the Memorandum of Understanding ("MOU"), signed on March 25, 2014, regarding cooperation and the exchange of information in the oversight of regulated entities that operate in the United States and Canadian provinces.

The MOU, which originally was signed by four other Canadian authorities, included a provision for additional Canadian authorities to become parties to the MOU. The CFTC and the MSC have executed the Counterpart in order for the MSC to join the MOU.

The scope of the MOU includes markets and organized trading platforms, central counterparties and trade repositories, as well as intermediaries, dealers and other market participants.

See: Counterpart to the MOU (Adding MSC as a Signatory).Related news: CFTC and Canadian Authorities Sign MOU to Enhance Supervision of Cross-Border Entities (March 27, 2014).