What CFTC Market Participants and Registered Entities Should Expect

The federal government’s 43‑day shutdown — which ended with a late‑evening November 12 funding bill and next‑day return to duty for furloughed staff — imposed a near‑total pause on the Commodity Futures Trading Commission’s (CFTC or Commission) routine functions. During the lapse, the CFTC ceased the vast majority of its operations, including most enforcement activities, market surveillance outside of essential risk monitoring, rulemaking and the production of core market reports, such as the…
By: Katten Muchin Rosenman LLP