January 4, 2016

Washington, DC - The U.S. Commodity Futures Trading Commission (CFTC) announced today that it approved a proposed rule that would add an alternative for foreign natural persons to the requirement to provide fingerprints when applying for CFTC registration. The proposal would allow any such person's registered firm to complete a criminal history background check in lieu of submitting fingerprints.

The proposal generally codifies CFTC Staff Letters 12-49 and 13-29 and, if adopted, would supersede those letters.

The CFTC is seeking comments on the proposal. The comment period ends 30 days after the proposal's publication in the Federal Register.

Last Updated: January 4, 2016

CFTC - U.S. Commodity Futures Trading Commission issued this content on 2016-01-04 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 2016-01-04 17:47:29 UTC

Original Document: http://www.cftc.gov/PressRoom/PressReleases/pr7302-16