CFTC Sunsets Routine Large Trader Reporting Requirements for Physical Commodity Swaps
From cftc.gov
The Commodity Futures Trading Commission today issued a final order sunsetting the routine position-reporting requirements of Part 20, the large trader reporting rules for physical commodity swaps. Under the order, clearing organizations, clearing members, and swap dealers will no longer be required to file the daily and event-based position reports currently required under Part 20. “American financial market participants should not be saddled with costly and duplicative reporting requirements that do not improve the quality of our regulation,” Chairman Michael S. Selig said. “This order relieves industry of a ...
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