2015-05-07 | 2015-11020The Commodity Futures Trading Commission proposes amendments to the trade option exemption in its regulations to modify reporting and recordkeeping requirements for counterparties that are not swap dealers or major swap participants. These changes aim to reduce regulatory burdens for commercial market participants hedging physical risks while maintaining visibility into the unreported trade options market. The proposal also includes non-substantive amendments to eliminate references to vacated position limit rules.