SEC, CFTC Seek Public Comment to Further Clarify and Harmonize Derivatives Product Definitions

From sec.gov

The Securities and Exchange Commission and the Commodity Futures Trading Commission today issued a joint request for public comment on potential opportunities to further update, clarify, and harmonize certain derivatives product definitions and interpretive issues. The request for comment is intended to support the Commissions’ ongoing evaluation of whether current regulatory definitions, interpretations, and jurisdictional frameworks appropriately reflect evolving market structures, financial products, and trading practices. “Clarification is long overdue on Title VII definitional issues, including event-based ... (full story)