On Jun. 20, 2025, RUS CB issued ord 7053-U which enters into force on Sep. 1, 2025.
On Feb. 19, RUS CB proposed rules for commodity trading systems.
RUS CB proposed ord amending ord 4791-U on the requirements for the organization of a trade organizer of a risk management system related to the organization of trades, as well as the co-existence of transactions with own property, and to the documents of the trade organizer defining measures aimed at reducing these risks and preventing conflicts of interest with explanatory note.
Proposals
The ord establishes the possibility for a commodity trading system (CTS), by its decision, to appoint an official responsible for organizing the risk management system as the person responsible for performing the functions of the controller of the CTS.
This includes organizing the identification, analysis, assessment, monitoring, control of regulatory risks associated with trading activities, as well as managing such risks.
Effectiveness
Comments and feedback are expected by Mar. 4, 2025 and is expected to enter into force on Sep. 1, 2025.
Jun. 2025 Ord Issued
On Jun. 20, 2025, RUS CB issued ord 7053-U which enters into force on Sep. 1, 2025.
Regulators
RUS CB
Entity Types
Bank; Inv Co
Reference
PR 6/20/2025; Ord 7053-U, 5/13/2025; CP, 2/19/2025; Ord 4791-U, 5/7/2018
