Page 29 - 期货和衍生品行业监管动态（2025年9月）

期货和衍生品行业监管动态

CFTC 联邦法规第 39 部分 C 分部的衍生品清算机构，已被要求制定符合《美国

商品交易法》、CFTC 联邦法规及相关国际标准的风险管理要求的有效恢复与退

出计划，该指引内容重复且已无必要。

CFTC Staff Withdraws Guidance on DCO Recovery Plans and Wind-down

Plans (2025/9/11)

The Commodity Futures Trading Commission’s Division of Clearing and Risk

today announced it is withdrawing CFTC Letter No 16-61, Recovery Plans and

Wind-down Plans Maintained by Derivatives Clearing Organizations and Tools for

the Recovery and Orderly Wind-down of Derivatives Clearing Organizations,

effective immediately.

As stated in the withdrawal letter, because systemically important derivatives

clearing organizations and derivatives clearing organizations that elect to be subject to

Subpart C of Part 39 of the CFTC’s regulations are already required to maintain viable

recovery and wind-down plans that are consistent with the risk management

requirements of the Commodity Exchange Act, CFTC regulations, and relevant

international standards, the guidance is duplicative and not necessary.

https://www.cftc.gov/PressRoom/PressReleases/9120-25

9. 美国商品期货交易委员会撤回第 37 和 38 部分规定草案（2025 年 9 月 15 日）

美国商品期货交易委员会（CFTC）宣布，将撤回针对第 37 和 38 部分提出

的规则草案。

正如撤回通知所述，鉴于近期行业变革、创新及市场结构的演变，CFTC 正

在撤回此项草案，以重新评估相关规则将如何运作。

CFTC Withdraws Parts 37 and 38 Proposed Rule (2025/9/15)

The Commodity Futures Trading Commission today announced it is withdrawing

15