CFTC rules shake-up could outpace Treasury review

Giancarlo’s Project Kiss could deliver faster than Mnuchin’s four-part regulatory reform report due next month

Pressing ahead: some sources expect issues such as position limits on commodities and cross-border trading rules to be fixed by Project Kiss

Project Kiss, the reform programme launched by Commodity Futures Trading Commission (CFTC) acting chairman Christopher Giancarlo, could deliver faster than the review process initiated by the US Treasury, market sources believe.

Treasury Secretary Steve Mnuchin is due to compile a report on June 3, to comply with President Donald Trump’s executive order to review federal financial rules against seven core principles for more effective and tailored regulation.

“Giancarlo has launched Project

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