United States - Commodities/Derivatives/Stock Exchanges - Delegation Dilemma: CFTC Rule Allows Staff To Circumvent Notice And Comment Rulemaking
The Commodity Futures Trading Commission ("CFTC") published a final rule on April 30, 2024, altering how covered entities fulfill their large trader reporting obligations ("the LTR Rule") and granting CFTC staff significant authority to change the new reporting standards.