CFTC Reopens Comment Period for Concept Release on Automated Trading

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The Commodity Futures Trading Commission has reopened the comment period for its concept release on risk controls and system safeguards for automated trading environments. The concept release, which was published in the Federal Register on September 12, 2013 (available here), requests comment on a series of questions relating to automated trading systems. A short summary of the concept release is available in the Corporate and Financial Weekly Digest edition of September 13, 2013. 

The new comment period extends through February 14, 2014. The CFTC’s announcement to reopen the comment period is available here.

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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