Chairman Massad said the CFTC would publish shortly on Reg AT and Clearing
The chairman of the Commodity Futures
Trading Commission has promised further guidance on two of the
US futures regulator’s most controversial
Speaking at the FIA Expo in Chicago on
Tuesday, Timothy Massad, chair of the CFTC, said his agency was
forging ahead with its electronic trading and clearing house
reforms and will publish reports imminently.
Massad said on the controversial
Regulation Automated Trader (Reg AT) proposals: "We have
received a lot of helpful feedback since our proposal was
published. I expect that we will consider a supplemental
proposal on certain issues related to it in the near future.
And while I will not go into detail today, I do expect we will
address some of the concerns we’ve heard about the
proposal’s requirements for registration and the
preservation of and access to source code."
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