Regulatory Alerts2024-12-06 | 2024-28742Provisions Common to Registered Entities; Correction
The Commodity Futures Trading Commission is issuing a correction to its November 7, 2024 final rule that requires registered entities to follow standardized procedures for self-certifying and requesting approval for rules, amendments, and new trading or clearing products. This amendment modifies 17 CFR Part 40 by inserting missing section headings, rectifying directive language in specific subsections, and deleting an obsolete amendment to align the regulatory text with the Commission’s intended review and processing framework. The corrected provisions become effective on December 9, 2024, ensuring accurate compliance standards for market participants and the Commission.
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