Page 18 - 期货和衍生品行业监管动态（2025年5月刊）

期货和衍生品行业监管动态

 根据 CFTC 联邦法规第 30.1(c)条关于“外国期货或期权客户”的定义，

不构成“位于美国境内的人士”；

 根据CFTC联邦法规第48.2(c)条规定，不构成“位于美国境内的参与者”；

 根据 CFTC 联邦法规第 3.10(c)(1)(ii)条规定，符合“境外主体”定义；

 根据 CFTC 联邦法规第 23.23(a)条及 2013 年《关于特定互换监管合规的

解释性指引与政策声明》（2013 Interpretive Guidance and Policy Statement

Regarding Compliance With Certain Swap Regulations），不构成“美国人

士”。

本次解释函系应该自营交易公司提出的请求而作出。

CFTC Staff Issues Interpretation Regarding Certain Cross-Border Definitions

(2025/5/21)

The Commodity Futures Trading Commission’s Market Participants Division

and Division of Market Oversight today issued an interpretative letter confirming the

application of certain cross-border definitions to a proprietary trading firm organized

in a foreign jurisdiction.

Specifically, based on the facts presented, the interpretative letter confirms that

the proprietary trading firm:

 Is not a “person located in the United States” for purposes of the “foreign

futures or foreign options customer” definition in Commission regulation

30.1(c);

 Is not a “participant located in the United States” for purposes of Commission

regulation 48.2(c);

 Is a “foreign located person” for purposes of Commission regulation

3.10(c)(1)(ii); and

 Is not a “U.S. person” as defined by Commission regulation 23.23(a) and the

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