On November 1, Timothy Massad, chairman of the Commodity Futures Trading Commission, John O’Brien, Superintendent of Securities for Newfoundland and Labrador, and Patricia Hearn, Deputy Minister of Intergovernmental Affairs, signed a counterpart to a memorandum of understanding (MOU) designed to promote the cooperation and exchange of information with regard to entities operating on a cross-border basis between the United States and Canada. The MOU was originally executed in 2014 by the CFTC, the Alberta Securities Commission, the British Columbia Securities Commission, the Ontario Securities Commission and the Québec Autorité des marchés financiers. The MOU allows information sharing with respect to regulated markets, organized trading platforms, central counterparties, trade repositories, intermediaries, dealers and other market participants that are, or have applied to be, authorized or otherwise overseen by one of the signatories to the MOU.

The CFTC’s press release is available here.