Regulatory Alerts2024-02-26 | 2024-03826Extension of Comment Period for Operational Resilience Framework for Futures Commission Merchants, Swap Dealers, and Major Swap Participants
The Commodity Futures Trading Commission extends the public comment period for its proposed Operational Resilience Framework by 30 days, moving the deadline from March 2, 2024, to April 1, 2024. The proposed rule would require futures commission merchants, swap dealers, and major swap participants to establish and maintain a framework addressing information technology security, third-party relationships, and business continuity. This extension responds to industry requests for additional time to analyze the proposal and prepare comments on the new regulatory requirements.
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