CFTC Chair Massad and authorities in three Canadian provinces and the Northwest Territories signed counterparts to a 2014 Memorandum of Understanding ("MOU"). The MOU concerns cooperation and the exchange of information in the supervision and oversight of regulated entities that operate in the United States and Canada. The scope of the MOU has been expanded to include (i) markets and organized trading platforms, (ii) central counterparties, (iii) trade repositories, and (iv) intermediaries, dealers and other market participants.
The counterparts to the MOUs were signed by Canadian financial regulators in Yukon, the Northwest Territories, Nunavut and Prince Edward Island.
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.
