CFTC Order on Geofencing: Exchanges Get 30 Days to Drop State Blocks
November 10, 2026
On November 5, 2026, the CFTC issued an interpretation of its impartial access rule saying designated contract markets generally may not restrict U.S. traders by location. Its press release gives exchanges 30 days to end domestic geographic restrictions, and to police their intermediaries, or to explain to the Division of Market Oversight why compliance is not feasible.