The CFTC issued a final rule amending the list of permitted investments of customer funds by futures commission merchants (FCMs) and derivatives clearing organizations (DCOs) under Regulation 1.25, adding certain exchange traded funds (ETFs), among other modifications. The CFTC also issued a final rule on margin adequacy and the treatment of separate customer accounts by FCMs, codifying no-action relief granted under CFTC staff letter 19-17.
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CFTC Issues Final Rules on Treatment of Customer Margin by Futures Commission Merchants (FCMs) and Clearinghouses
