Reprieve for dealers as CFTC extends business conduct deadline

datarescue

The Commodity Futures Trading Commission (CFTC) has extended the compliance deadline for new business conduct rules from October 15 to January 1 next year, much to the relief of dealers - and clients that would have been frozen out of the over-the-counter derivatives market if banks had been unable to amend tens of thousands of documents in time.

Dealers argued it would be impossible to make the necessary changes and had been lobbying for an extension, but the reprieve – which arrived on August

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

Register

Want to know what’s included in our free membership? Click here

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here