New CFTC rule sets price-reporting guidance

摘要

Washington—The US Commodity Futures Trading Commission on May 10 unanimously approved a final set of rules for designated contract markets that includes new guidance for exchanges that list contracts based on assessments by price-reporting agencies (PRAs), including Platts. The new guidance includes a series of suggested actions these exchanges should take, such as setting up information-sharing agreements with PRAs, ensuring that they have legal rights to use prices from PRAs for their listed contracts and examining the practices PRAs use to ensure the assessments are not being manipulated, according to a CFTC staffer.