The US derivatives regulator will keep working during a government shutdown
What happened
The Commodity Futures Trading Commission (CFTC) has issued an order to continue some of its operations even if the US government shuts down. This means that certain parts of the derivatives market will remain regulated and supervised, even without new funding from Congress.
Why it matters
Government shutdowns have become a regular feature of US politics, creating uncertainty for regulated industries. This order means that the CFTC, which oversees a critical part of the financial system, will not completely cease operations during these events. It ensures that some market oversight continues, reducing the risk of a regulatory vacuum for derivatives trading.
The signal
Watch for other financial regulators to issue similar orders, or for Congress to codify these types of shutdown plans into law.