Clifford Chance
CFTC Proposes Reforms to Bankruptcy Rules for Futures Brokers and Clearinghouses
May 4, 2020
On April 14, 2020, the Commodity Futures Trading Commission proposed amendments to part 190 of its regulations, which governs bankruptcy proceedings for commodity brokers such as futures commission merchants and derivatives clearing organizations. The Proposed Rule represents the first comprehensive revision of Part 190 since it was finalized in 1983.
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