Page 24 - 期货和衍生品行业监管动态（2024年2月）

期货和衍生品行业监管动态

separate entities for purposes of the new margin adequacy requirement, and set forth

risk-mitigating requirements, based on the no-action conditions and similar

requirements in the April 2023 proposal. The current proposal contains modifications

to the proposed requirements for separate account treatment based on additional

feedback from commenters in response to the April 2023 proposal, including with

respect to provisions related to the timing of margin payments and administrative

errors or operational constraints that may result in untimely margin payments.

[See Fact Sheet]

The public comment period closes on April 22, 2024.

Proposed Rule: Foreign Boards of Trade

The Commission unanimously approved proposed amendments to Part 48 of

CFTC regulations and is seeking comments on the proposed amendments. The

proposed amendments would permit a foreign board of trade (FBOT) registered with

the CFTC to provide direct access to its electronic trading and order matching system

to an identified member or other participant located in the United States and

registered with the CFTC as an introducing broker for submission of customer orders

to the FBOT’s trading system for execution. The Commission is also proposing, in

Part 48, to establish a procedure for an FBOT to request revocation of its registration,

and to remove certain outdated references to “existing no-action relief.”

The public comment period closes on April 22, 2024.

Proposed Rule: Requirements for Designated Contract Markets and Swap

Execution Facilities Regarding Governance and the Mitigation of Conflicts of

Interest Impacting Market Regulation Functions

The Commission issued for public comment a proposed rule for designated

contract markets (DCMs) and swap execution facilities (SEFs) that would establish

governance requirements regarding market regulation functions, as well as related

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