October 07, 2016 BY LeapRate Staff

CFTC and FCA sign agreement to enhance supervision of cross-border regulated firms

The U.S. Commodity Futures Trading Commission (CFTC) has announced that CFTC Chairman Timothy Massad and Andrew Bailey, Chief Executive of the UK's Financial Conduct Authority (FCA), have signed a Memorandum of Understanding regarding cooperation and the exchange of information in the supervision and oversight of certain regulated firms that operate on a cross-border basis in…

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