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Reluctant Farewell to CFTC’s Clearinghouse Recovery Guidance, Risk.net

October 15, 2025

Partner Rob Schwartz was quoted in Risk.net reflecting on the Commodity Futures Trading Commission’s (CFTC’s) recent withdrawal of its 2016 recovery guidance for clearinghouses.

Rob emphasized the value of revisiting regulatory tools, especially amid evolving market dynamics like crypto clearing. “Staff letters are like old friends – you should visit them from time to time,” he said.

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