SEC-CFTC Rule Pact

The two agencies have entered into a MOU to guide coordination and collaboration to support lawful innovation, uphold market integrity, and ensure investor and customer protection.

1. Frame 1SEC and CFTC signed an MOU to coordinate market oversight, aiming to reduce duplicate rules for investors and firms.
2. Frame 2The agencies say old turf fights and separate registrations pushed market participants toward other jurisdictions.
3. Frame 3The agreement covers policymaking, examinations, enforcement, joint applications, and shared areas where both regulators claim authority.
4. Frame 4A new Joint Harmonization Initiative will turn the MOU into coordinated oversight and clearer rules.
5. Frame 5Robert Teply at the SEC and Meghan Tente at the CFTC will co-lead the work.
6. Frame 6Public input is still open through written submissions or meeting requests as the agencies decide what changes next.