In a speech the US Commodity Futures Trading Commission (CFTC)
Commissioner outlined three objectives that must be achieved by the pending
cross-border guidance and relief in cross-border policy. These are:
- protecting the US taxpayer and financial system;
- avoiding fragmenting liquidity and creating unfair competitive advantages for some firms and markets; and
- adopting a clear and workable policy with and orderly transition period were the CFTC’s top priorities.