By Mayer Brown
Recently the US Commodity Futures Trading Commission (“CFTC”) announced two initiatives to encourage financial innovation and regulatory efficiency in the futures and swaps markets: Projcet KISS —“Keep It Simple, Stupid”— a forum to examine how the CFTC’s existing rules might be applied in less costly and burdensome ways and LabCFTC, a way to promote responsible financial technology (“fintech”) and regulatory technology (“regtech”) innovation. This Legal Update provides an overview of the political and legal context in which these developments arose and then analyzes what these CFTC initiatives mean for the industry.
03 Aug 2017
Tagged in: fintech, Legal Update
