[CFTC Staff Allows Clearinghouses to Use Trust Companies for Daily Settlement] According to a report by DeepTech TechFlow on November 6th, the CFTC's Clearing and Risk Division issued a no-objection letter clarifying whether derivatives clearinghouses can use trust companies for daily settlement with clearing members. According to the letter, clearinghouses can use trust companies for daily settlement, but must treat the trust company as a settlement bank in accordance with applicable CFTC requirements.