Concept Release on the Denomination of Customer Funds and the Location of Depositories

Summary

The Commodity Futures Trading Commission (CFTC) is seeking public input on how to address risks associated with holding customer funds in foreign currencies or offshore, with the goal of updating existing regulatory standards to support transnational commodity futures activities without increasing risks. This initiative is part of the CFTC's recently adopted strategic plan to promote sound financial practices and a flexible regulatory environment.