Resumen de CFTC extends cross-border reach.
The article reports that the Commodity Futures Trading Commission (CFTC) has voted for the proposal of rules to address cross-border transactions. It notes key areas that the proposals want to define including application of swap provisions of the Commodity Exchange Act (CEA), and cross-border registration thresholds. The article also discusses the designation of a Foreign Conslidated Subsidiary (FCS) to expand the CFTC's jurisdiction.
