Blockchain fintech provider tZERO Group is petitioning the U.S. derivatives regulator, the Commodity Futures Trading Commission (CFTC), to become both a Derivatives Clearing Organization (DCO) and a Designated Contract Market (DCM). The move aims to position tZERO as a one-stop shop for compliant issuance, regulatory oversight, trading, and clearing within the digital asset ecosystem. A… Read More >>
CFTC Issues Open-Ended Relief for Fixing Swaps
The CFTC has issued another in a series of no-action letters that allows swap execution facilities (SEFs) and designated contract markets (DCMs) to fix clerical and operational errors that caused swap transactions to be rejected for clearing and thus voided. In addition, the side-stepping of key regulatory requirements will also permit SEFs and DCMs to… Read More >>
