Hedjo JournalDerivatives regulation and risk (CFTC)https://hedjojournal.com/en-usDerivatives regulation: CFTC eyes true perpetual futureshttps://hedjojournal.com/derivatives-regulation-cftc-perpetual-futures-no-action/https://hedjojournal.com/derivatives-regulation-cftc-perpetual-futures-no-action/A new CFTC no-action letter covers DCMs converting perpetual-style index futures to true perpetuals. What is known, what is not, and what to watch next.Mon, 05 Oct 2026 22:03:47 GMTCFTCPerpetual futuresNo-action lettersDerivatives regulationCFTC Extends Brexit No-Action Positions: Derivatives Regulationhttps://hedjojournal.com/cftc-brexit-no-action-derivatives-regulation/https://hedjojournal.com/cftc-brexit-no-action-derivatives-regulation/CFTC staff extended its Brexit-related no-action positions on Oct. 1, 2026. What no-action relief means for derivatives regulation, and what to watch next.Fri, 02 Oct 2026 22:02:08 GMTCFTCDerivatives RegulationNo-Action ReliefBrexitDerivatives regulation: CFTC staff spares passive trading softwarehttps://hedjojournal.com/derivatives-regulation-passive-software-no-action/https://hedjojournal.com/derivatives-regulation-passive-software-no-action/CFTC staff will not recommend enforcement against passive software providers linking users to FCMs, IBs and DCMs for not registering as introducing brokers.Thu, 17 Sep 2026 14:00:00 GMTCFTCNo-Action LetterIntroducing BrokersCFTC enforcement: UBS fined $8 million over AML wire monitoringhttps://hedjojournal.com/cftc-enforcement-ubs-aml-supervision/https://hedjojournal.com/cftc-enforcement-ubs-aml-supervision/The CFTC ordered UBS Financial Services to pay $8 million for failing to supervise AML monitoring of FX wires in retail commodity accounts from 2019 to 2023.Mon, 03 Aug 2026 14:00:00 GMTCFTC EnforcementAMLSupervisionCFTC rule sunsets Part 20 large trader swap reportinghttps://hedjojournal.com/cftc-rule-sunsets-part-20-reporting/https://hedjojournal.com/cftc-rule-sunsets-part-20-reporting/The CFTC ended routine Part 20 large trader position reports for physical commodity swaps, citing overlap with swap data repository and position limit rules.Fri, 17 Jul 2026 14:00:00 GMTCFTCReportingCommodity SwapsSwap dealer margin rule eases seeded fund and collateral limitshttps://hedjojournal.com/swap-dealer-margin-rule-amendments/https://hedjojournal.com/swap-dealer-margin-rule-amendments/The CFTC approved a final rule amending uncleared swap margin for swap dealers, easing seeded fund treatment, widening fund collateral and setting new haircuts.Mon, 13 Jul 2026 14:00:00 GMTCFTCSwap DealersMarginCFTC enforcement and the swap valuation fraud that inflated a fundhttps://hedjojournal.com/cftc-enforcement-swap-valuation-fraud/https://hedjojournal.com/cftc-enforcement-swap-valuation-fraud/A federal court granted the CFTC summary judgment against a former hedge fund manager who inflated swap values, ordering a $2.2 million civil monetary penalty.Thu, 02 Apr 2026 14:00:00 GMTCFTC EnforcementSwapsValuation