CFTC proposed change in November following backlash from industry
The Commodity Futures
Trading Commission (CFTC), the US derivatives regulator, has
scrapped rules preserving the current residual interest
deadline of 6pm on the date of settlement rather than rolling
it over to the following day following intense pressure from
The amendment finally
scraps the controversial plan to move the automatic deadline
for residual interest to 9am the next day in
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