CFTC Adopts Amendments to Recordkeeping Rules (Fed. Reg.)

The CFTC amended Rule 1.35(a) ("Records of Commodity Interest and Related Cash or Forward Transactions") to reduce certain recordkeeping requirements imposed on end-users. The action was published in the Federal Register.

In general, the amendments codify existing no-action relief provided by the CFTC staff. The effective date is December 24, 2015. Additional comments on the amended recordkeeping requirements may be submitted until February 22, 2016.