CFTCFinal RuleDecember 15, 2025

Fees for Reviews of the Rule Enforcement Programs of Designated Contract Markets and Registered Futures Associations

Finance & BankingOther

Summary

This regulation sets fees that the CFTC (a federal agency overseeing futures markets) charges to review how contract markets and futures associations enforce their own rules and protect traders. The fees help pay for government oversight of these self-regulatory organizations to ensure they're doing their job properly.

Key Points

1The CFTC will charge designated contract markets and registered futures associations fees for government review of their rule enforcement programs
2These fees help cover the cost of federal oversight to make sure trading markets are policing themselves effectively and protecting investors
3The review process ensures that self-regulatory organizations are actually enforcing their rules fairly and preventing fraud or manipulation
4Contract markets and futures associations will need to pay these examination fees as part of their operating costs
5This creates accountability in futures trading markets by requiring independent government verification of internal compliance efforts

Impact Assessment

If you are a designated contract market or registered futures association, this means you will pay fees to the CFTC for it to review and oversee your rule enforcement and trader protection programs.

Impact Level

Routine

Geographic Scope

National

Compliance Cost

Minimal

Who is Affected

Financial Institutions

Key Dates

Published

December 15, 2025

Regulatory Connections

Authorized By

Commodity Exchange Act 17 U.S.C. § 4

Amends CFR Sections

17 CFR Part 3

This summary is for informational purposes only. It may not capture all nuances of the regulation. Always refer to the official text for authoritative information.