CFTC Publishes Exemption Issued to HKSFC That Permits U.S. Customers to Deal Directly with Hong Kong FCMs (Fed. Reg.)

The CFTC exemption issued to the Hong Kong Securities and Futures Commission ("HKSFC") was published in the Federal Register.

The exemption permits licensed corporations to solicit and accept orders and funds directly from U.S. customers for trading on any exchange that is subject to HKSFC's oversight without having to register with the CFTC as future commission merchants. The exemption became effective on March 25, 2015.

See: 80 FR 15680.Related news: CFTC Issues Exemption to HKSFC Permitting U.S. Customers to Deal Directly with Hong Kong FCMs (March 20, 2015).