No-Action Relief Allowing Use of Consolidated Risk Disclosure Statement


On November 30, 2016, the U.S. Commodity Futures Trading Commission‘s Division of Swap Dealer and Intermediary Oversight provided no-action relief to futures commission merchants (FCMs) and introducing brokers (IBs), allowing them to provide non-institutional customers with a single, consolidated risk disclosure statement containing the same material information required in several risk disclosure statements. The intent is to provide greater efficiency and potentially reduce confusion to customers. Release.