CFTC approves final rule to bring clarity to self-certification
The amendments clarify what is required of registered entities as they self-certify compliance with laws and regulations.
Article label: Quick Read
The CFTC approved a final rule amending Part 40, the implementation of Section 5c(c) of the Commodities Exchange Act (CEA), which covers the self-certification process for registered entities.
These entities include designated contract markets, derivatives clearing organizations, swap execution facilities and swap data repositories. Part 40 allows them to self-certify