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Clifford Chance

Clifford Chance

Briefings

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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