Regulatory Alerts2024-08-15 | 2024-17828Commodity Futures Trading Commission Final Rule on Foreign Boards of Trade
The Commodity Futures Trading Commission amends its regulations to permit registered foreign boards of trade to provide direct access to their electronic trading systems for U.S.-located introducing brokers. This final rule expands the categories of eligible intermediaries under 17 CFR Part 48 to include introducing brokers, thereby enhancing market competition and liquidity while maintaining risk management protections. The amendments also establish a procedure for the revocation of FBOT registration and remove outdated references to former no-action relief.
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