CFTC Proposed Amendments To Acceptable Practices For Core Principle 15

The Commodity Futures Trading Commission (CFTC) is proposing amendments to the definition of “public director” in the Acceptable Practices for Core Principle 15. The amendments are intended to clarify the definition of “public director” by removing potential ambiguities and correcting a technical drafting error in the bright-line tests for “public director.” The proposed amendments will be open for public comment for 30 days following their publication in the Federal Register.