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REGULATORY INTELLIGENCE · US

CFTC Derivatives & Digital Assets

Material regulatory developments from Commodity Futures Trading Commission are tracked daily by Cresthaven Analytics. Over the last 90 days, 14 material briefs relevant to professionals operating in the financial & capital markets sector have been published below. Each brief is sourced directly from the primary regulatory feed, summarized for institutional readers, and scored for materiality.

Recent material activity

A selection of recent published briefs; this is not a complete archive.

  • Sep 24, 2026MATERIAL

    CFTC staff updates crypto FAQ guidance on tokenized customer fund investments and blockchain recordkeeping

    Three CFTC divisions released updated FAQs on September 24, 2026, covering tokenized forms of permitted customer fund investments and blockchain-based recordkeeping for registrants. The update extends interpretive positi…

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  • Sep 17, 2026MATERIAL

    CFTC Market Participants Division extends no-action relief to passive software providers on introducing broker registration

    The CFTC's Market Participants Division issued a broadly available no-action position on September 17, 2026, covering providers of passive software. Subject to specified conditions, the Division will not recommend enforc…

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  • Sep 11, 2026MATERIAL

    UK and U.S. financial authorities conduct joint tabletop exercise on central counterparty resolution preparedness

    Five regulators — the CFTC, SEC, FDIC, Federal Reserve Board, and Bank of England — met on September 3, 2026 to conduct a tabletop exercise on hypothetical CCP resolution scenarios. The session focused on information-sha…

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  • Sep 2, 2026MATERIAL

    CFTC final rule replaces CDOR and TIIE clearing mandates with overnight risk-free rate equivalents for CAD and MXN swaps

    On September 2, 2026, the CFTC issued a final rule amending its interest rate swap clearing requirement under Part 50. The rule removes clearing mandates for CDOR- and TIIE-referenced swaps and replaces them with mandate…

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  • Sep 2, 2026MATERIAL

    CFTC Division of Market Oversight grants Electron Exchange DCM LLC no-action relief on large trader reporting obligations

    On September 2, 2026, the CFTC's Division of Market Oversight issued a no-action letter to Electron Exchange DCM LLC, a designated contract market. The letter permits Electron Exchange to submit large trader reports on b…

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  • Aug 20, 2026MATERIAL

    CFTC proposes removing mandatory order book requirement for permitted transactions on swap execution facilities

    The CFTC published a Notice of Proposed Rulemaking on August 20, 2026, proposing to amend its SEF trading regulations to eliminate the order book requirement for permitted transactions. Near-zero market use of permitted-…

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  • Aug 19, 2026MATERIAL

    CFTC opens 60-day comment period on regulatory framework for compute derivatives contracts

    The CFTC issued a request for comment on August 19, 2026, seeking input on derivatives markets for computational resources, including futures and perpetual contracts. The request covers cash market structure, liquidity, …

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  • Aug 18, 2026MATERIAL

    CFTC proposes CPO and CTA registration exemptions targeting SEC-registered advisers and small pool operators

    The CFTC published a Notice of Proposed Rulemaking on August 18, 2026, proposing amendments to its Part 4 registration regulations for commodity pool operators and commodity trading advisors. The proposal would add new r…

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  • Aug 12, 2026MATERIAL

    CFTC Division of Market Oversight issues advisory on deficient incentive-program self-certifications for prediction market DCMs

    The CFTC's Division of Market Oversight issued an advisory on August 12, 2026 addressing procedural and substantive deficiencies in incentive-program rule filings by designated contract markets. The advisory targets self…

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  • Aug 11, 2026MATERIAL

    CFTC invokes emergency authority to shield KalshiEX from New York state enforcement action seeking $36 billion in damages

    On August 11, 2026, the CFTC invoked emergency authority to order KalshiEX, LLC to continue operating under federal core principles, acting after New York filed suit seeking a temporary restraining order and more than $3…

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  • Jul 30, 2026MATERIAL

    CFTC proposes conflict-of-interest rules for vertically integrated derivatives market structures across five entity classes

    The CFTC published a Notice of Proposed Rulemaking on July 30, 2026, proposing amendments to its regulations governing affiliations among derivatives clearing organizations, designated contract markets, swap execution fa…

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  • Jul 14, 2026MATERIAL

    CFTC invokes emergency authority to stay KalshiEX rule change and mandate fulfillment of pending trades

    The CFTC issued an emergency order on July 14, 2026 staying a KalshiEX rule change and directing the exchange to fulfill pending trades under that rule. This signals active CFTC oversight of event contract markets and th…

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  • Jul 13, 2026MATERIAL

    CFTC issues final rule amending margin requirements for uncleared swaps across registered swap dealers and major swap participants

    The CFTC approved a final rule on July 13, 2026 amending margin requirements for uncleared swaps applicable to registered swap dealers and major swap participants. The rule establishes revised standards for initial and v…

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  • Jul 9, 2026MATERIAL

    CFTC issues stay of self-certified crude oil futures contract permitting 24/7 trading

    On July 9, 2026, the CFTC stayed a self-certified contract for crude oil futures that would have enabled around-the-clock trading. The stay halts the contract's activation while the agency reviews whether it meets statut…

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