Regulatory Alerts2026-08-06 | 2026-15948Added
Conflicts and Affiliations
The Commodity Futures Trading Commission proposes new rules and amendments to regulations for futures commission merchants, swap execution facilities, designated contract markets, and derivatives clearing organizations to address conflicts of interest arising from affiliate relationships. The proposal requires self-regulatory organizations to establish separate reporting lines for staff surveilling affiliate futures commission merchants and prohibits a self-regulatory organization from acting as the designated self-regulatory organization for its affiliate. It also mandates disclosure requirements for futures commission merchants regarding affiliations with swap execution facilities, designated contract markets, or derivatives clearing organizations, and establishes conflicts of interest rules for the latter entities regarding their relationships with affiliated principal trading firms and market makers.