iOn August 31, the Commodity Futures Trading Commission Chairman Timothy Massad signed a Memorandum of Understanding (MOU) with the Comisión Nacional Bancaria y de Valores and the Banco de México. The MOU creates a plan for cooperation and the exchange of information to supervise central counterparties, trade repositories and certain other persons, operating on a cross-border basis in the United States and Mexico.
The MOU does not create any legally binding obligations, confer any rights or supersede domestic laws.
The MOU is available here.
The CFTC announcement is available here.
