CFTC Chair Timothy Massad signed a memorandum of understanding ("MOU") with the Comisión Nacional Bancaria y de Valores and the Banco de México. The MOU allows for cooperation and the exchange of information in the supervision and oversight of regulated entities that operate on a cross-border basis in the United States and Mexico.
The parties expressed their willingness, pursuant to the MOU, to cooperate when fulfilling their respective regulatory mandates. Under the agreement, no domestic secrecy or blocking laws should prevent regulators from providing assistance to one another. Entities that fall within the scope of the MOU include central counterparties and trade repositories.
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