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federal_register: 2013-26665

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document_number title type abstract publication_date pub_year pub_month html_url pdf_url agency_names agency_ids excerpts regulation_id_numbers
2013-26665 Enhancing Protections Afforded Customers and Customer Funds Held by Futures Commission Merchants and Derivatives Clearing Organizations Rule The Commodity Futures Trading Commission ("Commission" or "CFTC") is adopting new regulations and amending existing regulations to require enhanced customer protections, risk management programs, internal monitoring and controls, capital and liquidity standards, customer disclosures, and auditing and examination programs for futures commission merchants ("FCMs"). The regulations also address certain related issues concerning derivatives clearing organizations ("DCOs") and chief compliance officers ("CCOs"). The final rules will afford greater assurances to market participants that: Customer segregated funds, secured amount funds, and cleared swaps funds are protected; customers are provided with appropriate notice of the risks of futures trading and of the FCMs with which they may choose to do business; FCMs are monitoring and managing risks in a robust manner; the capital and liquidity of FCMs are strengthened to safeguard their continued operations; and the auditing and examination programs of the Commission and the self- regulatory organizations ("SROs") are monitoring the activities of FCMs in a prudent and thorough manner. 2013-11-14 2013 11 https://www.federalregister.gov/documents/2013/11/14/2013-26665/enhancing-protections-afforded-customers-and-customer-funds-held-by-futures-commission-merchants-and https://www.govinfo.gov/content/pkg/FR-2013-11-14/pdf/2013-26665.pdf Commodity Futures Trading Commission 77 The Commodity Futures Trading Commission ("Commission" or "CFTC") is adopting new regulations and amending existing regulations to require enhanced customer protections, risk management programs, internal monitoring and controls, capital and liquidity...  

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