Statement Of CFTC Commissioner Kristin N. Johnson On Extension Of Staff No-Action Letter Regarding Investments In Securities With Adjustable Rate Of Interest Benchmarked To SOFR
<p><span>Commission regulation 1.25 is a seminal provision governing futures commission merchant (“FCM”) and derivatives clearing organization (“DCO”)</span><span> investment of customer funds. The regulation authorizes FCMs and DCOs to investment customer funds in a sensibly limited set of permitted investments consistent with the prudential objectives of preserving customer funds and maintaining liquidity.</span></p>
Source: mondovisione.com