ARTICLE
1 December 2016

US Commodity Futures Trading Commission Signs Counterpart To Memorandum Of Understanding With Canadian Authority In Newfoundland And Labrador

SS
Shearman & Sterling LLP

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The CFTC announced that Chairman Massad had signed the Counterpart to a Memorandum of Understanding with the Superintendent of Securities for Newfoundland...
United States Finance and Banking
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On November 2, 2016, the CFTC announced that Chairman Massad had signed the Counterpart to a Memorandum of Understanding with the Superintendent of Securities for Newfoundland and Labrador and the Canadian Minister for Intergovernmental Affairs. The MOU was originally executed on March 25, 2014, and the scope of the MOU contemplates cooperation on regulation of markets and organized trading platforms, central counterparties, trade repositories and intermediaries, dealers and other market participants.

The text of the Counterpart to the MOU is available at:

http://www.cftc.gov/idc/groups/public/@internationalaffairs/documents/file/cftc-snl-supervisorymou110116.pdf.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

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