News linked to both this project and an event.
According to the announcement on the CFTC official website, the U.S. Commodity Futures Trading Commission (CFTC) issued a Notice of Proposed Rulemaking (NPRM) on July 30 to solicit public comments on amendments to Parts 37, 38, and 39 of the regulations and sections 1.52 and 1.55, with a comment period of 60 days after publication in the Federal Register. This revision targets the increasingly common affiliations among CFTC-regulated entities, covering market participants including Derivative Clearing Organizations, Designated Contract Markets, Swap Execution Facilities, Futures Commission Merchants, and market makers, with a focus on resolving potential conflicts of interest within vertically integrated market structures. CFTC Chairman Michael S. Selig stated that the proposed rule will establish a principles-based regulatory framework for vertically integrated market structures, maintaining market integrity while avoiding stifling innovative market structures or imposing excessive compliance burdens on registered entities.
According to Bloomberg, Republican members of the U.S. House of Representatives are advancing a bill that would require the U.S. government to identify Chinese and Russian entities that extract outputs from leading U.S. AI models through improper queries and copying techniques—and then use those outputs to develop competing systems—and to consider imposing sanctions on them. As outlined in the draft bill reviewed, proposed measures include adding violators to the U.S. Department of Commerce’s Entity List and pursuing sanctions under the President’s emergency economic powers granted by the International Emergency Economic Powers Act of 1977.