Commodity Futures Trading Commission July 19, 2019 – Federal Register Recent Federal Regulation Documents

Registration With Alternative Compliance for Non-U.S. Derivatives Clearing Organizations
Document Number: 2019-15262
Type: Proposed Rule
Date: 2019-07-19
Agency: Commodity Futures Trading Commission, Agencies and Commissions
The Commodity Futures Trading Commission (Commission) is proposing amendments to its regulations that would permit derivatives clearing organizations (DCOs) organized outside of the United States (hereinafter referred to as ``non-U.S. clearing organizations'') that do not pose substantial risk to the U.S. financial system to register with the Commission yet comply with the core principles applicable to DCOs set forth in the Commodity Exchange Act (CEA) through compliance with their home country regulatory regime, subject to certain conditions and limitations. The Commission is also proposing certain related amendments to the delegation provisions in its regulations.
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