The Commodity Futures Trading Commission on April 29 issued a proposed rule to amend certain regulations that apply to derivatives clearing organizations (DCOs) under Part 39 of the CFTC’s regulations. Part 39 implements the statutory core principles for DCOs.
Since the Part 39 regulations were adopted, CFTC staff has worked with DCOs to address questions regarding interpretation and implementation of various requirements in Part 39. In light of this, the CFTC believes it would be helpful to amend or clarify certain provisions of Part 39 as well as codify staff relief and guidance granted in the interim.
