News & Analysis as of September 12, 2025

Derivatives › Interpretive Letters

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CFTC Divisions Interpret "U.S. Person" Definition and U.S. Location Versus Foreign Location

Jones Day on 6/2/2025

A 2024 CFTC enforcement action settlement that may have introduced a new test for when the Commodity Exchange Act and the agency's regulations apply on a cross-border basis concerned then-CFTC Commissioner and now Acting CFTC...more

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Derivatives › Interpretive Letters

CFTC Divisions Interpret "U.S. Person" Definition and U.S. Location Versus Foreign Location

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