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CFTC | RIN: 3038-AE62 | Publication ID: Spring 2019 |
Title: Retail Commodity Transactions Involving Virtual Currency | |
Abstract:
The Commission issued a proposed interpretation of the term actual delivery as set forth in section 2(c)(2)(D)(ii)(III)(aa) of the Commodity Exchange Act pursuant to section 742(a) of the Dodd-Frank Wall Street Reform and Consumer Protection Act. Specifically, this proposed interpretation was issued to clarify the meaning of actual delivery within the context of virtual currency. The Commission seeks public comment on the proposed interpretation, including the inclusion of specific questions. After review and consideration of public comments, the Commission will determine whether to take further action and provide a final interpretation. |
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Agency: Commodity Futures Trading Commission(CFTC) | Priority: Other Significant |
RIN Status: Previously published in the Unified Agenda | Agenda Stage of Rulemaking: Final Rule Stage |
Major: Undetermined | Unfunded Mandates: No |
EO 13771 Designation: Independent agency | |
CFR Citation: 17 CFR 1 | |
Legal Authority: 7 U.S.C. 2(c)(2)(D) 7 U.S.C. 12a(5) |
Legal Deadline:
None |
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Timetable:
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Additional Information: This proposed interpretation is being issued in response to multiple requests for no-action and interpretive relief, as well as requests for rulemaking received by the Commission. | |
Regulatory Flexibility Analysis Required: No | Government Levels Affected: None |
Small Entities Affected: No | Federalism: No |
Included in the Regulatory Plan: No | |
RIN Data Printed in the FR: No | |
Related RINs: Related to 3038-AD64 | |
Agency Contact: Philip Raimondi Assistant Chief Counsel, Division of Market Oversight Commodity Futures Trading Commission Three Lafayette Centre, 1155 21st Street NW, Washington, DC 20581 Phone:202 418-5717 Email: praimondi@cftc.gov |