CFTC Press Releases/
CFTC, SEC Seek Public Comment to Further Clarify and Harmonize Derivatives Product Definitions
The CFTC and SEC have issued a joint request for public comment to clarify and harmonize definitions regarding swaps and security-based swaps under Title VII of the Dodd-Frank Act.
medium impactneutralswapssecurity-based swaps
Why It Matters
The initiative aims to resolve long-standing jurisdictional ambiguities and regulatory inconsistencies between the two agencies, which could impact how derivatives products are classified and regulated.