James Schwartz and Chrys A. Carey explain the impact of the recent white paper from the Commodity Futures Trading Commission (CFTC), including the significant issues that the CFTC will face in the cross-jurisdictional application of its regulations, in their Risk.net article “CFTC finds harmony harder than it sounds.”
“If adopted, the ideas contained in the white paper would add nuance to the CFTC’s approach to cross-border matters – in particular its use of the doctrine of substituted compliance.”
