United States:
CFTC Announces Measures To Enhance Protection Of Customer Funds
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On August 8, 2016, the U.S. Commodity Futures Trading
Commission (CFTC) announced three
separate enhancements relating to the protection of
customer funds. The new protections address the
exemption of certain Federal Reserve Banks from
liability under the Commodity Exchange Act, as
well as the use of money market funds by
derivatives clearing organizations and
futures commission merchants. Press
Release.
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