CFTC exempts Japan's JSCC and Korea's KRX as derivatives clearing organizations
The U.S. Commodity Futures Trading Commission (Commission) today issued order of exemptions from registration as a derivatives clearing organization (DCO) to Japan Securities Clearing Corporation (JSCC) and Korea Exchange, Inc. (KRX). The Commission issued this order based on its authority under Section 5b(h) of the Commodity Exchange Act. This provision permits the Commission to exempt…
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