CFTC ends daily reporting requirements for physical commodity swaps
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Table of Contents
The Commodity Futures Trading Commission (CFTC) is ending a specific set of rules that required certain financial institutions to report their positions in physical commodity swaps every day or whenever specific events occurred.
Why it matters: This is primarily an administrative change that reduces the daily paperwork burden for financial institutions involved in physical commodity swaps.
Who it affects
- clearing organizations
This action was taken by the Commodity Futures Trading Commission; readers should consult the Federal Register for the full text before relying on this information.
Agency: Commodity Futures Trading Commission
Source: Federal Register — read the official document