The Commodity Futures Trading Commission (CFTC) is issuing a notice about the fees charged to self-regulatory organizations, like registered futures associations and designated contract markets, for oversight of their rule enforcement programs. These fees help recover costs incurred by the CFTC during oversight and are deposited in the U.S. Treasury as miscellaneous receipts. The fee calculations are based on the average actual costs from the previous three fiscal years and take into consideration various factors such as trading volume and program complexity. Payments must be made electronically by the deadline specified in the document.
Simple Explanation
The CFTC charges fees to market organizations and futures groups to cover the costs of checking their rules, using past years to figure out how much to charge. These fees go into the government's piggy bank and must be paid online.