Regulatory Alerts2012-07-26 | 2012-16178Account Ownership and Control Report; Withdrawal
The Commodity Futures Trading Commission withdrew its July 2010 proposed rule regarding the collection of account ownership and control information for U.S. futures exchanges. This decision followed public comments highlighting substantial implementation costs and difficulties in collecting specific data points like customer dates of birth. The Commission is instead pursuing these regulatory goals through a separate proposed rulemaking published concurrently in the Federal Register.
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