2016-19211: Written Acknowledgment of Customer Funds From Federal Reserve Banks
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The Commodity Futures Trading Commission ("CFTC" or "Commission") is amending its regulations to revise or repeal certain provisions related to the requirement that a derivatives clearing organization ("DCO") obtain from a Federal Reserve Bank acting as a depository for customer funds a written acknowledgment that the Federal Reserve Bank was informed that the customer funds deposited therein are those of customers and are being held in accordance with Section 4d of the Commodity Exchange Act ("CEA").
The agency’s own summary, as published.
What this changes
Amends 1 part of the Code of Federal Regulations — the standing rules this notice rewrites.
Rulemaking docket
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