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CFTC Press Releases·

CFTC Staff Addresses Use of Trust Companies for Daily Settlements

  • The CFTC Division of Clearing & Risk issued no-action letter 9322-26 on November 05, 2026.
  • The letter addresses whether derivatives clearing organizations may use trust companies for daily settlements with clearing members.
  • Derivations clearing organizations may use trust companies for daily settlements if they treat the trust companies as settlement banks under applicable CFTC requirements.