CFTC Announces Organizational Changes & Open Commission Meeting
CFTC Announces Organizational Changes
On October 29, the Commodity Futures Trading Commission announced certain reorganizational changes designed to enhance the CFTC’s operational effectiveness. Specifically:
the Division of Swap Dealer and Intermediary Oversight and the Office of Customer Education and Outreach have been combined to form the new Market Participants Division;
personnel from various operating units including the Office of Data and Technology and the Division of Market Oversight have been merged into the new Division of Data to centralize the CFTC’s data functions;
the Office of General Counsel and the Office of the Executive Secretariat have been merged to form the new Legal Division; and
the Office of the Executive Director and the customer service elements of the Office of Data and Technology have been combined to form the new Division of Administration.
The mission (and names) of the Division of Clearing and Risk, Division of Market Oversight, and Division of Enforcement remains unchanged.
The press release announcing the reorganization is available here.
CFTC to Hold an Open Commission Meeting on November 2
The Commodity Futures Trading Commission will hold an open meeting on Monday, November 2, from 10:00 a.m. to 12:30 p.m. ET, to consider amendments to Part 50 clearing requirement exemptions for central banks, sovereigns, international financial institutions, bank holding companies and community development financial institutions.
The meeting is open to the public via streaming or phone. The live feed will be streamed at www.cftc.gov.
More information, including streaming and listening instructions, is available here.