On May 3, the Commodity Futures Trading Commission voted to seek comment from interested parties on applying CFTC’s regulations in simpler and less burdensome ways. The request for comment relates to the CFTC’s Project KISS, which stands for “Keep It Simple, Stupid.” In announcing the project, CFTC Acting Chairman J. Christopher Giancarlo noted that the initiative would not necessarily focus on repealing or rewriting existing regulations, but rather on the implementation of existing regulations. Members of the public can submit their ideas and suggestions by emailing projectkiss@cftc.gov or visiting cftc.gov/projectkiss.

The CFTC press release is available here.