July 28, 2016

CFTC and Four Canadian Authorities Sign Counterparts to Memorandum of Understanding to Enhance Supervision of Cross-Border Regulated Entities

Washington, DC — The U.S. Commodity Futures Trading Commission (CFTC) announced today that CFTC Chairman Timothy Massad signed Counterparts with authorities in four Canadian provinces or territories to a 2014 Memorandum of Understanding (MOU) regarding 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 in Canada.

Chairman Massad signed the Counterparts to the MOU with Fred Pretorius, Superintendent of Securities in Yukon; Thomas Hall, Superintendent of Securities in the Northwest Territories; Jeff Mason, Superintendent of Securities in Nunavut; and Steven Dowling, Superintendent of Securities in Prince Edward Island (Canadian Authorities).

The CFTC and the Canadian Authorities expressed their willingness to cooperate pursuant to the MOU, originally executed on March 25, 2014, in the interest of fulfilling their respective regulatory mandates. The scope of the MOU includes markets and organized trading platforms, central counterparties, trade repositories, and intermediaries, dealers, and other market participants.

See the Counterparts to the MOU under Related Links.

Last Updated: July 28, 2016