The U.S. Commodity Futures Trading Commission (CFTC) announced Wednesday that Chairman Timothy Massad has signed counterparts to a 2014 memorandum of understanding (MOU) with regulators from New Brunswick, Nova Scotia, and Saskatchewan, which aims to enhance co-operation and improve the exchange of information between the jurisdictions.
The original MOU was signed back in 2014 between the CFTC and regulators in Alberta, British Columbia, Ontario, and Quebec.
The agreement aims to bolster supervision and oversight of regulated entities that operate on a cross-border basis in the United States and Canada.
The MOU covers markets and trading platforms, central counterparties, trade repositories, and intermediaries, dealers, and other market participants.