Search Results for agency_names:"Commodity Futures Trading Commission"

The Commodity Futures Trading Commission (CFTC) is inviting the public to comment on renewing its information collection related to regulations governing swap dealers and major swap participants. This collection ensures that these participants maintain effective risk management systems, monitor trading limits, and disclose necessary information to regulators. Comments can be submitted until April 7, 2025, and the process aims to enhance the quality of information collected and reduce the burden on respondents. The collected data is crucial for the proper execution of the CFTC's functions and oversight.

The Commodity Futures Trading Commission (CFTC) has finalized new rules to manage risks associated with electronic trading on designated contract markets (DCMs). These rules require DCMs to adopt measures to prevent, detect, and mitigate market disruptions or anomalies that might occur due to electronic trading. The regulations emphasize flexibility by allowing each DCM to tailor their risk controls based on their specific market needs. This approach aims to ensure stable and fair trading environments on electronic platforms.

The Commodity Futures Trading Commission (CFTC) has issued a final rule to adjust the maximum amount of civil monetary penalties (CMPs) for inflation under the Commodity Exchange Act (CEA). This annual adjustment is required by the Federal Civil Penalties Inflation Adjustment Act of 1990, as amended, and ensures that penalties maintain their deterrent effect over time. The rule applies to penalties assessed after January 15, 2021, and is based on the percentage change in the Consumer Price Index. This adjustment process is exempt from the typical notice and comment procedures under the Administrative Procedure Act.

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.

The Commodity Futures Trading Commission (CFTC) is making corrections to a previously published final rule from November 7, 2024, which aimed to clarify and enhance regulations for registered entities and market participants. These changes mostly involve small adjustments to the wording and organization of different sections in the document to improve accuracy and clarity. The corrections affect details about how registered entities submit self-certifications and requests for approval of rules, amendments, and new trading products. These amendments will take effect on December 9, 2024.

The Commodity Futures Trading Commission (CFTC) is seeking public comments on renewing an information collection related to swap execution facilities. This process is part of their obligations under the Paperwork Reduction Act, where federal agencies must get approval from the Office of Management and Budget for any information collection. The CFTC is asking the public whether the information collection is necessary, accurate, and how its burden can be minimized. People can comment on the proposal until February 24, 2025, and the information will help ensure that swap execution facilities comply with the required regulations.

The Commodity Futures Trading Commission (CFTC) has amended the margin rules for uncleared swaps for swap dealers and major swap participants without a prudential regulator. The new rules allow for a minimum transfer amount (MTA) of up to $50,000 for each separately managed account (SMA) of a legal entity. They also permit separate MTAs for initial and variation margin, provided they don't exceed $500,000 combined. These changes aim to reduce operational burdens while ensuring the swaps market continues to function smoothly and safely.

The Commodity Futures Trading Commission (CFTC) has introduced a new rule requiring futures commission merchants (FCMs) to ensure customers maintain enough funds to meet initial margin requirements before allowing withdrawals. This rule also allows FCMs to treat separate customer accounts as if they belong to separate entities, under certain conditions, to manage risks effectively. The new rule aims to protect customer funds, prevent systemic risks, and ensure the integrity of financial markets. It extends existing requirements for margin management currently applicable through DCOs to FCMs who are not clearing members.

The Commodity Futures Trading Commission (CFTC) has finalized amendments to its rules about margin requirements for certain swaps. These changes update how entities determine if they fall under the requirement to exchange initial margin for swaps that aren't centrally cleared. The amendments align the CFTC rules with international standards set by the Basel Committee on Banking Supervision and the International Organization of Securities Commissions. In addition, it allows certain swap dealers to use a risk-based model from other registered swap dealers to calculate necessary initial margins, making compliance more practical and internationally consistent.

The Commodity Futures Trading Commission (CFTC) announced that the Global Markets Advisory Committee (GMAC) will hold a public meeting via teleconference on March 11, 2021, from 9:00 a.m. to 1:00 p.m. Eastern Standard Time. The committee will discuss the effects of market volatility due to the coronavirus pandemic, impacts on international central counterparties, and the global clearing ecosystem, along with retail participation in derivatives markets. Members of the public can listen to the meeting by calling a toll-free number and are invited to submit written statements by March 18, 2021. All submitted statements will be published on the CFTC's website.