For Release:April 25, 1996
CFTC Approves Final Early Warning Reporting Requirements;
Proposed Regulations Concerning Voting by Interested Members of Self-Regulatory Organization Governing Boards and Committees and a Proposal to Publicize Broker Association Memberships; and Final Rules Concerning Ethics Training
WASHINGTON -- The Commodity Futures Trading Commission (CFTC) today unanimously approved for publication in the Federal Register the following rulemakings:
final rules concerning (1) early warning reporting requirements for futures commission merchants (FCMs), (2) minimum financial requirements for FCMs and introducing brokers, (3) prepayment of subordinated debt, (4) gross collection of exchange- set margin for omnibus accounts, and (5) the capital charge on receivables from certain foreign brokers;
a proposed rulemaking concerning (1) voting by interested members of self- regulatory organization governing boards and committees and (2) publicizing of broker association memberships; and
final ethics training rules for registrants.
Both final rules will be effective 30 days after publication in the Federal Register.
Meeting materials may be obtained from the Office of Public Affairs at
(202) 418-5080, Fax (202) 418-5525.