CFTC Proposed Rules on Identification of Futures and Swaps Participants

On June 28, the CFTC issued proposed rules to enhance its identification of participants in futures and swaps markets regulated by the CFTC. The proposed rules will also automate the CFTC’s existing position and transaction reporting programs by requiring electronic submission of trader identification and market participant data. Comments must be submitted within 60 days of publication in the Federal Register. CFTC Release.