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CFTC’s new rule gives FBOTs direct access

Image of federal buildings in Washington, D.C., with cars whizzing past.
Photo: J. David Ake/Getty Images

Julie DiMauro

1 min read
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The main, substantive amendment in the FBOT Final Rule is to now include introducing brokers as a permissible intermediary.

Foreign boards of trade will be able to grant direct access to their systems after a rule amendment by the commodities regulator.

The Commodity Futures Trading Commission (CFTC) announced that it is amending part 48 of its regulations. This will permit a registered foreign board of trade (FBOT) to provide

CFTC

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