Base
Rule2026-076432026-04-20

Order Providing Exemptive Relief To Facilitate Cross-Margining of Customer Positions Cleared at Chicago Mercantile Exchange, Inc. and Fixed Income Clearing Corporation

Commodity Futures Trading Commission

Abstract

The Commodity Futures Trading Commission ("CFTC" or "Commission") is issuing an order pursuant to the Commodity Exchange Act ("CEA") that provides exemptive relief from the CEA and Commission regulations related to segregation and protection of futures customer funds. The order permits joint clearing members of the Chicago Mercantile Exchange, Inc. ("CME") and the Fixed Income Clearing Corporation ("FICC") that are dually registered as broker-dealers with the Securities and Exchange Commission ("SEC") and futures commission merchants ("FCMs") with the Commission ("BD-FCMs") to hold futures customer funds in a commingled customer account at FICC.

Action & Dates

Action
Order.
Dates
Applicable as of April 15, 2026.

CFR References

Document Excerpt

Document Headings Document headings vary by document type but may contain the following: the agency or agencies that issued and signed a document the number of the CFR title and the number of each part the document amends, proposes to amend, or is directly related to the agency docket number / agency internal file number the RIN which identifies each regulatory action listed in the Unified Agenda of Federal Regulatory and Deregulatory Actions See the Document Drafting Handbook for more details. Commodity Futures Trading Commission 17 CFR Chapter I AGENCY: Commodity Futures Trading Commission. ACTION: Order. SUMMARY: The Commodity Futures Trading Commission (“CFTC” or “Commission”) is issuing an order pursuant to the Commodity Exchange Act (“CEA”) that provides exemptive relief from the CEA and Commission regulations related to segregation and protection of futures customer funds. The order permits joint clearing members of the Chicago Mercantile Exchange, Inc. (“CME”) and the Fixed Income Clearing Corporation (“FICC”) that are dually registered as broker-dealers with the Securities and Exchange Commission (“SEC”) and futures commission merchants (“FCMs”) with the Commission (“BD-FCMs”) to hold futures customer funds in a commingled customer account at FICC. DATES: Applicable as of April 15, 2026. FOR FURTHER INFORMATION CONTACT: Eileen A. Donovan, Deputy Director, 202-418-5096, edonovan@cftc.gov , Robert B. Wasserman, Chief Counsel, 202-418-5092, rwasserman@cftc.gov , ( printed page 20881) Abigail S. Knauff, 202-418-5123, Associate Director, aknauff@cftc.gov , Division of Clearing and Risk, Commodity Futures Trading Commission, Three Lafayette Centre, 1155 21st Street NW, Washington, DC 20581; or Elizabeth Arumilli, Special Counsel, 312-596-0632, earumilli@cftc.gov , Division of Clearing and Risk, Commodity Futures Trading Commission, 77 West Jackson Boulevard, Suite 800,

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Full Document

Citation: 91 FR 20880