CFTC Signs Information-Sharing Agreement with NASAA
- NASAA members that sign-on to the agreement will receive a number of benefits as a result of the deal
The Commodity Futures Trading Commission (CFTC), a US regulator, announced on Monday that it has formed a mutual cooperation agreement with the North American Securities Administrators Association (NASAA), an investor protection agency.
The agreement will put in place a framework that will allow the sharing of information between the CFTC and state securities regulators in the United States. Shared information can be used to enforce the Commodity Exchange Act (CEA).
Alongside a number of other stipulations, the CEA requires all futures and commodity options to be traded on organized exchanges. The legislation is not new, it was brought into law in 1936, and both the CFTC and state securities regulators can enforce it.
Until now, however, these two entities have largely pursued their enforcement efforts alone. The partnership will mean that, even as both organizations ensure companies adhere to CEA Regulation Regulation Like any other industry with a high net worth, the financial services industry is tightly regulated to help curb illicit behavior and manipulation. Each asset class has its own set of protocols put in place to combat their respective forms of abuse.In the foreign exchange space, regulation is assumed by authorities in multiple jurisdictions, though ultimately lacking a binding international order. Who are the Industry’s Leading Regulators?Regulators such as the UK’s Financial Conduct Authority ( Like any other industry with a high net worth, the financial services industry is tightly regulated to help curb illicit behavior and manipulation. Each asset class has its own set of protocols put in place to combat their respective forms of abuse.In the foreign exchange space, regulation is assumed by authorities in multiple jurisdictions, though ultimately lacking a binding international order. Who are the Industry’s Leading Regulators?Regulators such as the UK’s Financial Conduct Authority ( Read this Term individually, they will have a greater capacity to do so as they start to share information with one another.
Greater enforcement
The partnership will also improve the CTFC’s ability to enforce other laws within its remit. In its statement yesterday, the regulator highlighted state securities laws and commodity codes as legal areas it hopes to engage with further as a result of the agreement.
To receive the benefits from the partnership, each jurisdiction under the NASAA will be required to sign the mutual cooperation agreement. Members will receive investigative Leads Leads Leads or lead generation are an essential component of marketing and powerful tool by brokers. In its simplest form, leads can be defined as the outreach of customer interest or enquiry into products or services, most often associated with brokerages.These can be created for purposes such as list building, e-newsletter list acquisition, or for sales leads. Amongst marketers, such lists are one of their most important assets and instrumental to sales.There are a variety of methods for generating Leads or lead generation are an essential component of marketing and powerful tool by brokers. In its simplest form, leads can be defined as the outreach of customer interest or enquiry into products or services, most often associated with brokerages.These can be created for purposes such as list building, e-newsletter list acquisition, or for sales leads. Amongst marketers, such lists are one of their most important assets and instrumental to sales.There are a variety of methods for generating Read this Term from the CFTC’s whistleblowing office as well as any tips and referrals pertinent to their business.
Commenting on the agreement, CTFC’s Chairman, J. Christopher Giancarlo, said: “This agreement provides the CFTC and NASAA an opportunity to build on our long-standing cooperative relationship. Information-sharing is key to cooperative enforcement operations, and by working together, we can ensure that the rapidly evolving financial technology space has the appropriate oversight to pursue bad actors, protect market participants, and allow for market-enhancing innovation.”
The Commodity Futures Trading Commission (CFTC), a US regulator, announced on Monday that it has formed a mutual cooperation agreement with the North American Securities Administrators Association (NASAA), an investor protection agency.
The agreement will put in place a framework that will allow the sharing of information between the CFTC and state securities regulators in the United States. Shared information can be used to enforce the Commodity Exchange Act (CEA).
Alongside a number of other stipulations, the CEA requires all futures and commodity options to be traded on organized exchanges. The legislation is not new, it was brought into law in 1936, and both the CFTC and state securities regulators can enforce it.
Until now, however, these two entities have largely pursued their enforcement efforts alone. The partnership will mean that, even as both organizations ensure companies adhere to CEA Regulation Regulation Like any other industry with a high net worth, the financial services industry is tightly regulated to help curb illicit behavior and manipulation. Each asset class has its own set of protocols put in place to combat their respective forms of abuse.In the foreign exchange space, regulation is assumed by authorities in multiple jurisdictions, though ultimately lacking a binding international order. Who are the Industry’s Leading Regulators?Regulators such as the UK’s Financial Conduct Authority ( Like any other industry with a high net worth, the financial services industry is tightly regulated to help curb illicit behavior and manipulation. Each asset class has its own set of protocols put in place to combat their respective forms of abuse.In the foreign exchange space, regulation is assumed by authorities in multiple jurisdictions, though ultimately lacking a binding international order. Who are the Industry’s Leading Regulators?Regulators such as the UK’s Financial Conduct Authority ( Read this Term individually, they will have a greater capacity to do so as they start to share information with one another.
Greater enforcement
The partnership will also improve the CTFC’s ability to enforce other laws within its remit. In its statement yesterday, the regulator highlighted state securities laws and commodity codes as legal areas it hopes to engage with further as a result of the agreement.
To receive the benefits from the partnership, each jurisdiction under the NASAA will be required to sign the mutual cooperation agreement. Members will receive investigative Leads Leads Leads or lead generation are an essential component of marketing and powerful tool by brokers. In its simplest form, leads can be defined as the outreach of customer interest or enquiry into products or services, most often associated with brokerages.These can be created for purposes such as list building, e-newsletter list acquisition, or for sales leads. Amongst marketers, such lists are one of their most important assets and instrumental to sales.There are a variety of methods for generating Leads or lead generation are an essential component of marketing and powerful tool by brokers. In its simplest form, leads can be defined as the outreach of customer interest or enquiry into products or services, most often associated with brokerages.These can be created for purposes such as list building, e-newsletter list acquisition, or for sales leads. Amongst marketers, such lists are one of their most important assets and instrumental to sales.There are a variety of methods for generating Read this Term from the CFTC’s whistleblowing office as well as any tips and referrals pertinent to their business.
Commenting on the agreement, CTFC’s Chairman, J. Christopher Giancarlo, said: “This agreement provides the CFTC and NASAA an opportunity to build on our long-standing cooperative relationship. Information-sharing is key to cooperative enforcement operations, and by working together, we can ensure that the rapidly evolving financial technology space has the appropriate oversight to pursue bad actors, protect market participants, and allow for market-enhancing innovation.”