Law360, New York (December 1, 2016, 8:53 PM EST) -- The U.S. Commodities Futures Trading Commission on Wednesday announced it would allow brokers and dealers to use a consolidated risk disclosure form without penalty to improve efficiency and ease potential confusion.
The commission’s Division of Swap Dealer and Intermediary Oversight issued a no-action letter, saying it would not bring enforcement actions against futures commissions merchants and introducing brokers who give non-institutional customers a consolidated risk disclosure statement instead of the two separate statements that had formerly been required.
“The use of a single, combined risk disclosure...
CFTC Says Dealers Can Use Single Risk Disclosure Form
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