CFTC amends recordkeeping rule

CFTC amends recordkeeping rule

THE Commodity Futures Trading Commission (CFTC) unanimously approved a final rule on Dec. 18 to amend its recordkeeping obligations for certain market participants, including farmers, ranchers and grain elevator operators.

The commission voted to finalize amendments to CFTC Regulation 1.35, a recordkeeping rule pertaining to commodity interests and cash or forward transactions.

The new rule requires the market participants t

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