CFTC
WASHINGTON (Dow Jones)--Member firms of Bursa Malaysia Derivatives Bhd. will be allowed to solicit orders from U.S. customers seeking to trade there, the Commodity Futures Trading Commission said Tuesday.
Under the agreement with the CFTC, the Malaysian derivatives platform''s clearing members can do business with U.S. customers without having to register as commodity brokers in the U.S. Exemptions like these are typically granted by the CFTC to foreign exchanges that request them as long as those exchanges offer comparable regulations and customer safeguards
Labels: fcpo, fkli, index futures
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