CFTC staff issues no-action letter on data requirements to ease regulatory burden

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Meghan Tente, Acting General Counsel | U.S. Commodity Futures Trading Commission (CFTC)

CFTC staff issues no-action letter on data requirements to ease regulatory burden

The Commodity Futures Trading Commission’s Division of Market Oversight announced a no-action position on certain data requirements under Part 43 and Part 45 of the CFTC’s regulations. The move is intended to reduce unnecessary and excessive regulatory burden as well as associated costs.

According to the CFTC, this decision is aimed at streamlining compliance obligations for market participants while maintaining regulatory oversight. No further details were provided in the announcement.