The Commodity Futures Modernization Act of 2000 ("CFMA") is United States federal legislation that clarified that most'over-the-counter derivatives' would not be subject to regulation by barring the CFTC, the SEC, and the states from regulating these products.
The Commodity Futures Modernization Act of 2000 ("CFMA") is United States federal legislation. Most'over-the-counter derivatives' would not be subject to regulation by barring the CFTC, the SEC, and the states from regulating these products. This was what this United States federal legislation clarified.