On February 15, the Commodity Futures Trading Commission published and requested comment on an interim final rule to amend the CFTC’s primary definition regulation in an attempt to make such regulation user-friendly. Specifically, the CFTC amended Regulation 1.3 to remove lettered paragraphs and reorder defined terms in alphabetical order. Related cross-references to Regulation 1.3 in other CFTC regulations were revised to remove references to the lettered paragraphs.
Comments on the interim final rule must be submitted to the CFTC by March 17.
The interim final rule is available here.