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CFTC adopts final rule on registration on foreign boards of trade

  • Katten Muchin Rosenman LLP
  • -
  • USA
  • -
  • December 9 2011

The Commodity Futures Trading Commission has adopted final rules (which are substantially similar to the proposed rules) that replace the existing system of staff-issued no-action letters with a registration system for foreign boards of trade (FBOTs) seeking to provide their members or other participants located in the U.S