CFTC and SEC Joint Study Open to Comments on the Joint Study on the Feasibility of Requiring the Adoption of Standardized Computer-Readable Descriptions of Complex and Standardized Derivatives

• Date: December 09, 2010
• Source: Admin

The Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC) are preparing a joint study on “the feasibility of requiring the derivatives industry to adopt standardized computer-readable algorithmic descriptions which may be used to describe complex and standardized financial derivatives.”