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CFTC CANCELS the Commission Open Meeting for 11/1/23 to Consider Proposed Rule on Investment of Customer Funds by Futures Commission Merchants & Derivatives Clearing Organizations. Instead is being handled via CFTC's seriatim process.

CFTC CANCELS the Commission Open Meeting for 11/1/23
CFTC CANCELS the Commission Open Meeting for 11/1/23
Cancelled โ€” CFTC Open Commission Meeting for November 1
Source: https://www.cftc.gov/PressRoom/PressReleases/8816-23

What are they canceling?

Announcement
Source: Federal Register

What is a seriatim process?

Commission Consideration of Enforcement Matters
https://www.cftc.gov/sites/default/files/2021-05/EnforcementManual.pdf

Wut Mean?

An open meeting has shifted to a closed so the commissioners can vote on an enforcement matter?

Jelly Gif

TLDRS:

  • CFTC CANCELS a Commission Open Meeting on November 1 to Consider a Proposed Rule on Investment of Customer Funds by Futures Commission Merchants and Derivatives Clearing Organizations.
    • Was to be 9:30 a.m. - 11:15 a.m. (EDT).
  • Instead, replaced by seriatim process.
    • An open meeting has shifted to a closed so the commissioners can vote on an enforcement matter?
  • Previous post announcing meeting
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