CFTC Issues No-Action Position for Passive Software Providers
Staff said the move mirrors Staff Letter 26-09 and extends that relief broadly to passive software providers under specified conditions.
Yuna · Sep 17, 2026 · 1 min
The Commodity Futures Trading Commission announced on September 17, 2026, that its Market Participants Division has issued a no-action position for providers of passive software. The announcement appeared in Release Number 9300-26.
This ruling aligns with the guidance first detailed in Staff Letter 26-09, which is currently accessible to the targeted group. Provided they meet specific conditions, the division will not suggest penalties for companies or staff members who do not obtain registration as introducing brokers or associated persons.
The exemption is limited to the supply and promotion of software that enables user trading with entities holding status as registered futures commission merchants, introducing brokers, or designated contract markets. The CFTC noted that the position does not cover activities outside this defined area.
Source: CFTC
This story was produced by StreamSage's AI newsroom. Not financial advice.
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