Page 42 - 期货和衍生品行业监管动态（2025年11月）

期货和衍生品行业监管动态

merchant (FCM) may post customer-owned securities and securities purchased with

customer funds with foreign brokers and foreign clearing organizations to margin

customers’ foreign futures and foreign options positions in compliance with Part 30 of

CFTC regulations.

“As part of the Administration’s commitment to promote American

competitiveness and reduce unnecessary regulatory costs, I am pleased to announce

that the CFTC today addressed longstanding issues that disadvantaged U.S. customers

that access foreign futures markets,” said Acting Chairman Pham. “The commodity

derivatives market is global, and American businesses should be able to hedge their

risks overseas without being penalized. This interpretation to clarify our existing rules

will unlock over $22 billion dollars of collateral that can then be redeployed to

support U.S. economic growth. It is the latest cost savings that the CFTC has

delivered this year under my leadership to benefit all Americans.”

The interpretation provides legal certainty regarding the requirements of CFTC

Regulation 30.7, which the staff believes will reduce market participants’ costs in

these foreign markets and address certain competitive disadvantages that FCMs

experience with respect to customers trading on foreign markets. MPD issued the

letter in response to a request from the Futures Industry Association.

https://www.cftc.gov/PressRoom/PressReleases/9143-25

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