CPO/CTA Latest News

On the same day that SEC commissioners narrowly approved cross-border swap rules, the CFTC followed suit
Both final rules codify years’ worth of agency no-action letters and seek to harmonize CFTC rules with the SEC’s
Foreign travel figured into the NFA’s year
New guidance from the SRO reminds exempt CPOs/CTAs how the affirmation process works and answers FAQs
The changes harmonize the CFTC’s rules with the SEC’s
The CFTC’s new report also played up its parallel criminal cases
Rule requires P&Ps to protect customer records and information
New rules take effect with the first of the year
“The industry looks to these types of resolutions in structuring their own compliance” programs
A “language barrier and certain cultural differences” blamed for regulator woes

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