The U.S. Commodity Futures Trading Commission (CFTC) just opened a regulatory side door for software developers, allowing some to market derivatives, collect trading fees and avoid registering as brokers. The agencys Market Participants Division extended conditional no-action relief to providers of passive software on Sept. 17, taking a framework originally granted to Phantom Technologies in []
The U.S. Commodity Futures Trading Commission (CFTC) just opened a regulatory side door for software developers, allowing some to market derivatives, collect trading fees and avoid registering as brokers. The agencys Market Participants Division extended conditional no-action relief to providers of passive software on Sept. 17, taking a framework originally granted to Phantom Technologies in []
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