Regulatory Alerts2020-03-18 | 2020-05097Commodity Futures Trading Commission Final Rule on Foreign Futures and Options Transactions
The Commodity Futures Trading Commission issued a final rule amending 17 CFR Part 30 to codify the process for terminating exemptive relief granted to foreign entities offering futures and options to U.S. customers. The regulation establishes specific grounds for termination, including material changes in facts, public interest concerns, or inadequate information-sharing arrangements, while mandating notice and an opportunity for affected parties to respond. The Commission modified the proposed rule to require public notice of termination intentions on its website, allowing market intermediaries and other participants to comment before relief is revoked.
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