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SEC and CFTC Seek Public Comment to Harmonize Derivatives Product Definitions

What happened

The U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) jointly issued a request for public comment. The goal is to further update, clarify, and harmonize certain derivatives product definitions. This action aims to address potential inconsistencies between the two agencies' regulatory frameworks. The public comment period will allow stakeholders to provide input on the proposed clarifications.

Summary written by AI strictly from the sources below

Why it's spreading

  • ConfirmedSEC Press Releases published a first-party announcement

Timeline

  1. SEC and CFTC jointly issued a request for public comment on harmonizing derivatiSEC Press Releases

Sources