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CFTC Press Releases·

CFTC Staff Issues No-Action Position to Providers of Passive Software

  • The CFTC Market Participants Division issued a no-action position on September 17, 2026, benefiting providers of passive software.
  • This position is broadly available to such providers, similar to the earlier Staff Letter 26-09.
  • The CFTC will not recommend enforcement action against providers or their personnel for failure to register as introducing brokers or associated persons.
  • The relief applies subject to specified conditions \& only covers the provision \& marketing of software used by users to trade with registered futures commission merchants, introducing brokers, \& designated contract markets.