CFTC cross-border guidance 'has the feel of a rule', lawyers agree

A rule by any other name


Lawyers expect a group of three associations to win the industry’s latest legal battle with the US Commodity Futures Trading Commission (CFTC). At issue is the agency’s decision to release guidance on how to apply its Dodd-Frank Act regulations to cross-border and overseas trades, rather than binding rules. This was an attempt to cut corners, the associations claim in their December 4 lawsuit: the agency regards the guidance as enforceable, in the same way as a rule, but did not want the baggage

To continue reading...

You must be signed in to use this feature.

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 indvidual account here: