Regulatory Alerts2015-10-02 | 2015-25029Repeal of the Exempt Commercial Market and Exempt Board of Trade Exemptions
The Commodity Futures Trading Commission issued a final rule to remove Part 36 of its regulations and various cross-references in other parts to eliminate obsolete provisions for Exempt Commercial Markets and Exempt Boards of Trade. This action conforms the Commission's regulations to the Commodity Exchange Act as amended by the Dodd-Frank Act, which repealed the statutory categories for these exempt trading platforms. The rulemaking is ministerial and procedural, ensuring regulatory consistency by removing vestigial references that no longer have legal effect under current law.
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