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.
Simple Explanation
The Commodity Futures Trading Commission fixed some mistakes in the rules for how certain businesses report their activities and changes. These fixes will help make sure the businesses follow the rules better, starting on December 9, 2024.