# SEC and CFTC seek comment on harmonizing derivatives product definitions

> The SEC and CFTC jointly opened a request for comment on updating and harmonizing swaps, security-based swaps, mixed swaps, exclusions, novel products, jurisdictional lines, and alternative compliance. The request creates no current exemption or definitional change.

- URL: https://riadefi.com/regulation/2026-06-18-sec-cftc-derivatives-product-definitions-rfi/
- Posture: Proposal · not in effect
- Authorities: U.S. Securities and Exchange Commission; Commodity Futures Trading Commission
- Event date: 2026-06-18
- Version: 1, published 2026-08-07 (first published 2026-08-07)
- Advisor-relevant: no

This entry records a proposal. It does not change the law unless it is adopted.

## What changed

The SEC and CFTC jointly opened a request for comment on updating and harmonizing swaps, security-based swaps, mixed swaps, exclusions, novel products, jurisdictional lines, and alternative compliance. The request creates no current exemption or definitional change.

## Who it affects

- Swap and security-based swap market participants
- Advisers, funds, dealers, venues, clearinghouses, CTAs, CPOs, and clients using novel derivatives

## What is still open

- Whether the agencies will propose rules or interpretations
- Treatment of mixed, event-based, crypto-linked, and other emerging products

## What it means for an advisor

- Inventory products whose classification or reporting depends on Title VII definitions
- Monitor the docket and preserve current compliance treatment until an operative action is adopted

## Previous interpretation

The agencies administered existing Title VII definitions without this new joint harmonization review.

## Sources

1. [SEC, CFTC Seek Public Comment to Further Clarify and Harmonize Derivatives Product Definitions](https://www.sec.gov/newsroom/press-releases/2026-57-sec-cftc-seek-public-comment-further-clarify-harmonize-derivatives-product-definitions) · U.S. Securities and Exchange Commission and Commodity Futures Trading Commission · 2026-06-18


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Published by Ketju Research on RIADeFi (https://riadefi.com). Educational research for financial professionals; not investment, legal, tax, or compliance advice.