On Jul. 8, 2025, CME issued Regulatory Bulletin25-01 on rule amendments on CFTC’s margin adequacy, treatment of separate accounts rulemaking; rule effective Jul. 21.
On Jul. 3, CME amended exchange rulebooks to comply with CFTC rule
CME issued amendments to the CME, CBOT, NYMEX, COMEX rulebooks relating to separate account margining, sales communications, required records and reports.
Follows Dec. 2024 CFTC final rule on margin adequacy, separate accounts, #201737.
Amendments
Replaces Rule 930.N on OTC derivatives undermargined capital charge with rule on separate account margining to reflect obligation to comply with CFTC Regulation 1.44.
Amends various sections of Rules 930, 960, and 980 to appropriately capture specific requirements of CFTC Regulation 1.44 as they apply to sections of Exchanges’ rules.
Rule 952 amended to prohibit misleading communications in conduct of clearing member’s activities, as currently only addresses fraudulent or high-pressure sales.
On Jul. 8, 2025, CME issued Regulatory Bulletin25-01 on rule amendments on CFTC’s margin adequacy, treatment of separate accounts rulemaking; rule effective Jul. 21.
