
CFTC Adopts Rule Amendment to Clarify that Prohibition against Swap Dealers and Major Swap Participants Associating with Persons Who Are Statutorily Disqualified Does Not Apply in the Case of Clerical and Ministerial Employees
The Commodity Futures Trading Commission (CFTC) today announced issuance of an amendment to its Regulation 23.22 to make clear that swap dealers (SDs) and major swap participants (MSPs) are not subject to the prohibition in Section 4s(b)(6) of the Commodity Exchange Act (Act) on associating with a person who is subject to a disqualification from registration under Section 8a(2) or 8a(3) of the Act (Statutory Disqualification) where the person is a clerical or ministerial employee.
More information via press release: http://www.cftc.gov/PressRoom/PressReleases/pr6744-13
Tags: DerivSource
Recent Posts
-
Zoë Balkwell joins Pirum to lead pre-trade and trading solutions
September 15, 2025 - 0 Comment -
InTick awarded ISO/IEC 27001:2022 certification
September 11, 2025 - 0 Comment -
$280 Billion in Average Daily Processed Trade Volumes on Broadridge Distributed Ledger Repo Platform
September 10, 2025 - 0 Comment
Related Posts
-
DSB Update: UPI Implementation, Pricing Models & Digital Assets
August 7, 2025 - 0 Comment -
CDS Enjoy A New Wave Of Popularity As Uncertainty Grips Markets
July 30, 2025 - 0 Comment -
Traders Hedge their Bets with Interest Rate Derivatives
July 22, 2025 - 0 Comment

Julia Schieffer
Editor
Julia Schieffer is the Founder & Editor of DerivSource.com, a leading online information source for OTC derivatives and post-trade professionals. A seasoned journalist, Julia specialises in OTC derivatives pre- and post-trade operations, technology (fintech/regtech), risk management and regulation....
More about this author
Comments are closed.
Sign up for
our newsletter
Join our mailing list to receive the monthly e-newsletter and alerts about future events and webinars.
Podcast
Upcoming Events
- There are no upcoming events.