CFTC Seeks Comment on CME Petition for Order Permitting Commingling of Funds
The Chicago Mercantile Exchange, Inc. (CME) has submitted to the Commodity Futures Trading Commission a petition for an order pursuant to Section 4d of the Commodity Exchange Act (CEA) whereby CME and its clearing members that are registered futures commission merchants would be permitted to hold, in accounts segregated in accordance with Section 4d of the CEA, Dubai Mercantile Exchange-listed positions and funds related to products in the energy sector. If granted, the order would expand a previous order pertaining to a more limited number of Dubai Mercantile Exchange energy products. Comments should be submitted electronically to the CFTC on or before April 28.
The CME’s petition is available here.