Market regulation · 14/11/2014
Residual Interest Deadline for Futures Commission Merchants
The Commodity Futures Trading Commission ("Commission" or "CFTC") is proposing to revise the Residual Interest Deadline in Commission Rule 1.22. The amendment would remove the December 31, 2018 termination date for the phased-in compliance schedule for futures commission merchants ("FCMs") and provide assurance that the Residual Interest Deadline would only be revised through a separate Commission rulemaking.