CFTC Releases Results of Limited Reviews of Futures Commissi
Posted: Thu Jan 26, 2012 2:19 amCFTC Releases Results of Limited Reviews of Futures Commission Merchants
01/25/2012 04:34 PM EST
The Commodity Futures Trading Commission (CFTC or Commission) today released findings of limited reviews of futures commission merchants (FCMs) to assess compliance with requirements to segregate customer funds pursuant to Section 4d of the Commodity Exchange Act (ACT). The limited reviews also covered the FCMs’ obligation to set aside in secured accounts funds deposited by customers for trading on foreign boards of trade under Section 4(b) of the Act and Part 30 of the Commission’s regulations. As of the review date for each FCM, all of the FCMs were in compliance with the segregation or Part 30 secured amount requirements.
http://links.govdelivery.com/track?type=click&enid=ZWFzPTEmbWFpbGluZ2lkPTIwMTIwMTI1LjUyMDgxOTEmbWVzc2FnZWlkPU1EQi1QUkQtQlVMLTIwMTIwMTI1LjUyMDgxOTEmZGF0YWJhc2VpZD0xMDAxJnNlcmlhbD0xNjg1MzcyMCZlbWFpbGlkPWppbXRha2VkYUBnbWFpbC5jb20mdXNlcmlkPWppbXRha2VkYUBnbWFpbC5jb20mZmw9JmV4dHJhPU11bHRpdmFyaWF0ZUlkPSYmJg==&&&100&&&http://www.cftc.gov/PressRoom/PressReleases/pr6171-12.html
01/25/2012 04:34 PM EST
The Commodity Futures Trading Commission (CFTC or Commission) today released findings of limited reviews of futures commission merchants (FCMs) to assess compliance with requirements to segregate customer funds pursuant to Section 4d of the Commodity Exchange Act (ACT). The limited reviews also covered the FCMs’ obligation to set aside in secured accounts funds deposited by customers for trading on foreign boards of trade under Section 4(b) of the Act and Part 30 of the Commission’s regulations. As of the review date for each FCM, all of the FCMs were in compliance with the segregation or Part 30 secured amount requirements.
http://links.govdelivery.com/track?type=click&enid=ZWFzPTEmbWFpbGluZ2lkPTIwMTIwMTI1LjUyMDgxOTEmbWVzc2FnZWlkPU1EQi1QUkQtQlVMLTIwMTIwMTI1LjUyMDgxOTEmZGF0YWJhc2VpZD0xMDAxJnNlcmlhbD0xNjg1MzcyMCZlbWFpbGlkPWppbXRha2VkYUBnbWFpbC5jb20mdXNlcmlkPWppbXRha2VkYUBnbWFpbC5jb20mZmw9JmV4dHJhPU11bHRpdmFyaWF0ZUlkPSYmJg==&&&100&&&http://www.cftc.gov/PressRoom/PressReleases/pr6171-12.html