Regulatory Alerts2016-03-21 | 2016-06260Commodity Futures Trading Commission Final Rule on Trade Options
The Commodity Futures Trading Commission issued a final rule amending the limited trade options exemption in 17 CFR Part 32 to modify reporting and recordkeeping requirements for counterparties that are not swap dealers or major swap participants. The rule updates obligations for Non-SD/MSPs regarding the submission of Form TO filings and aligns recordkeeping standards while eliminating references to vacated position limit regulations. These changes aim to reduce regulatory burdens for commercial participants while maintaining necessary market visibility into unreported trade option transactions.
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