WebUnder the Commodity Exchange Act and Commodity Futures Trading Commission (“CFTC”) regulations, customer positions and funds must be segregated from the positions and funds of their clearing member. ... Segregation of customer positions and funds required at every level of the cleared ecosystem, including the clearing member (i.e., … WebA futures commission merchant may invest money, securities, or other property constituting Cleared Swaps Customer Collateral in accordance with § 1.25 of this chapter, which shall apply to such money, securities, or other property as if they comprised customer funds or customer money subject to segregation pursuant to section 4d(a) of the Act ...
CFTC: Virtual Currency Creates Real Segregation Risks
WebWashington, D.C. —The Commodity Futures Trading Commission’s Market Participants Division today announced it is extending CFTC Staff Letter No. 21-02regarding investments of customer funds by futures commission merchants (FCMs). WebThe complaint alleges that from approximately October 2024 and continuing through at least July 2024, the defendants fraudulently solicited and received approximately $68 million in customer funds—the majority of which was retirement savings—from at least 450 persons throughout the U. S. for the purpose of purchasing precious metals, primarily … danbury assisted living broadview hts
CFTC Staff Issues No-Action Letter Regarding Investments …
WebDec 13, 2024 · Indices Ethereum Binance Coin $ 20.70 +1.63% dYdX $ 2.61 +5.29% Internet Computer $ 5.19 +2.21% Bitcoin Cash $ 128.63 +2.41% Filecoin $ 5.97 +5.23% Lido DAO $ 2.30 -2.98% Stepn $ 0.40823499 +5.38%... WebCommodity Futures Trading Commission Three Lafayette Centre 1155 21st Street, N.W. Washington, DC 20581 Re: National Futures Association: Protection of Customer Funds – Proposed Amendment to NFA Financial Requirements Section 4 and Adoption of NFA Financial Requirements Section 16 and its Related Interpretive WebFeb 14, 2012 · Subject to rating requirements, concentration limits, liquidation criteria and other risk management requirements, Rule 1.25 allows FCMs and DCOs to invest customer collateral in: US government, state and municipal securities; GSE securities; bank certificates of deposit; commercial paper; corporate notes or bonds; birds of florida panhandle