CFTC Approves Final Guidance Regarding the Listing of Voluntary Carbon Credit Derivative Contracts

CFTC Approves Final Guidance Regarding the Listing of Voluntary Carbon Credit Derivative Contracts

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On September 19, 2024, the Commodity Futures Trading Commission (CFTC) approved final guidance regarding the listing of voluntary carbon credit (VCC) derivative contracts (the Final Guidance).  The Final Guidance—which demonstrates the CFTC's effort to position itself at the forefront of the Biden Administration's carbon, energy, and green policy agenda—speaks to how CFTC-registered designated contract markets (DCMs) can comply with DCM Core Principles 3 and 4, and with certain of the Commission's DCM submission requirements in connection with the listing of VCC derivative contracts.

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