CFTC Revamps Acknowledgment Letter Plan

12 Aug 2010

The Commodity Futures Trading Commission has revised its plans to amend the rules on acknowledgment letters that firms must get from depositories holding segregated customer funds.

--Jake Simpson

The Commodity Futures Trading Commission has revised its plans to amend the rules on acknowledgment letters that firms must get from depositories holding segregated customer funds. The rules govern the content of such letters, which futures commission merchants and derivatives clearing organizations also must obtain on the ...

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