CFTC & FERC Take Steps to Implement Information Sharing MOU
Today the CFTC and FERC announced the initial transmission of market data under the recently adopted CFTC-FERC Memorandum of Understanding (MOU) for use in analyzing market activities and protecting market integrity. The two agencies also announced the creation of a staff-level Interagency Surveillance and Data Analytics Working Group to coordinate information sharing between the agencies and focus on data security, data sharing infrastructure, and the use of analytical tools for regulatory purposes. The Acting Chairpersons for the agencies stated that these steps will strengthen oversight, and better ensure the integrity, of energy markets.
Check dodd-frank.com frequently for updated information on the the Dodd-Frank Act, the JOBS Act and other important derivatives and securities law matters.
Contact SLS for more information.