U.S. CFTC proposed rules require derivatives clearing organizations to separate client funds from their own funds

According to the "Protection of Clearing Member Funds Held by Derivatives Clearing Organizations" rule passed by the US Commodity Futures Trading Commission (CFTC), measures to protect customers who trade through derivative clearing organizations will be strengthened, including requiring clearing organizations registered with the CFTC and clearing trades to separate customer funds (including funds from retail investors) from proprietary funds.

CFTC Commissioner Kristin Johnson said at the meeting: "In my opinion, an important motivation for taking the measures we took today is the example of the bankruptcy of FTX and the failure of major risk management company governance. These examples demonstrate that customers may suffer huge losses in the absence of regulatory provisions prohibiting the commingling of customer funds or member property." (The Block)