The proposal would restore certain CPO and CTA exemptions that were in place until 2012.
CFTC
The agency said a growing number of filings have failed to provide sufficient notice or compliance analysis.
Proposed changes would be the first major tweaks to how credit is assessed under the law since 1995.
The CFTC, through its sole commissioner, said new amendments are needed “to increase the detail and specificity of the existing regulations in order to mitigate potential risks.”
The former CFTC Commissioner did not mince words in a letter to the agency, arguing that it had “lost its way” in its attempt to grab control over the explosively popular sector.
Agency said reporting requirements for large swap positions were redundant because of myriad other data collection rules on the books.
The approved rule gives temporary relief from certain margin requirement calculations and expands the government money market fund shares allowed as collateral.
Proposed market reform of energy futures contracts raises the question of whether oil can be traded like bitcoin.