CFTC relief allows consolidated risk disclosure statements

1 December 2016

The CFTC's division of swap dealer and intermediary oversight on Nov. 30 issued no-action relief to FCMs and introducing brokers that streamlines the process for providing risk disclosure statements to non-institutional customers.

Specifically the relief allows FCMs and IBs to provide non-institutional customers with a single risk disclosure document that consolidates separate risk disclosure statements required by several CFTC rules.

The use of a single, combined risk disclosure statement containing the same material information currently required in several risk disclosure statements will provide greater efficiency to the marketplace and potentially less confusion to customers, the CFTC said.


  • FIA
  • Regulation