Market regulation · 18/01/2013

Extension of Comment Period for Customer Protection Proposal

The Commodity Futures Trading Commission (CFTC) is extending the comment period for its proposed rulemaking, the Customer Protection Proposal, which aims to enhance customer protections for futures commission merchants and derivatives clearing organizations. The proposal, published in the Federal Register on November 14, 2012, seeks to introduce new regulations and amend existing ones to improve risk management, internal controls, and customer disclosures.