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TRENDING TAGS
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- Sarah ten Siethoff is New Associate Director of SEC Investment Management Rulemaking Office
- Catherine Keating Appointed CEO of BNY Mellon Wealth Management
- Credit Suisse to Pay $47Mn to Resolve DOJ Asia Probe
- SEC Chair Clayton Goes 'Hat in Hand' Before Congress on 2019 Budget Request
- SEC's Opening Remarks to the Elder Justice Coordinating Council
- Massachusetts Jury Convicts CA Attorney of Securities Fraud
- Deutsche Bank Says 3 Senior Investment Bankers to Leave Firm
- World’s Biggest Hedge Fund Reportedly ‘Bearish On Financial Assets’
- SEC Fines Constant Contact, Popular Email Marketer, for Overstating Subscriber Numbers
- SocGen Agrees to Pay $1.3 Billion to End Libya, Libor Probes
- Cryptocurrency Exchange Bitfinex Briefly Halts Trading After Cyber Attack
- SEC Names Valerie Szczepanik Senior Advisor for Digital Assets and Innovation
- SEC Modernizes Delivery of Fund Reports, Seeks Public Feedback on Improving Fund Disclosure
- NYSE Says SEC Plan to Limit Exchange Rebates Would Hurt Investors
- Deutsche Bank faces another challenge with Fed stress test
- Former JPMorgan Broker Files racial discrimination suit against company
- $3.3Mn Winning Bid for Lunch with Warren Buffett
- Julie Erhardt is SEC's New Acting Chief Risk Officer
- Chyhe Becker is SEC's New Acting Chief Economist, Acting Director of Economic and Risk Analysis Division
- Getting a Handle on Virtual Currencies - FINRA
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Help CFTC Simplify Its Rules
The CFTC seeks public input on simplifying and modernizing its rules - part of Project KISS, an internal review that began in March. CFTC Acting Chair Christopher Giancarlo named Chief of Staff Michael Gill as CFTC’s Regulatory Reform Officer, and he has been leading Project KISS and the work of the taskforce within the agency.
Mr. Giancarlo cautions that this exercise is not about identifying existing rules for repeal or even rewrite. It's about taking CFTC’s existing rules as they are and applying them in ways that are simpler, less burdensome and less of a drag on the American economy.
Members of the public can submit their ideas and suggestions by emailing projectkiss@cftc.gov or visiting cftc.gov/projectkiss.
FYI - Donald Trump's 2/24/17 executive order directing federal agencies to designate a Regulatory Reform Officer and establish a Regulatory Reform Task Force does not directly cover the CFTC, Mr. Giancarlo said the agency will nonetheless review all its rules with the ultimate goal of reducing regulatory burdens and costs for participants in the markets the agency oversees.
