CFTC Staff to Host a Public Roundtable to Discuss Additional Customer Protections
Commodity Futures Trading Commission (CFTC) today announced that staff will hold a public roundtable on Thursday, August 9, 2012, from 9:30 a.m. to 5:00 p.m., to discuss customer protection requirements for futures commission merchants (FCMs). The objective of the roundtable is to gather public input on a variety of ideas to further protect customers.
Specifically, the discussion will focus on Self-Regulatory Organization (SRO) requirements for examinations of FCMs and CFTC oversight of SRO examination programs, the role of the independent CPA in the examination process, and protection requirements for FCMs, including proposals from the CFTC’s staff and various proposed alternatives to the current system for segregating customer funds.
Agenda for the Public Roundtable Discussion:
First Session – SRO requirements for the examination of FCMs
First Session (continued) – CFTC oversight of SRO examination and the role of the CPA
Second Session – CFTC Staff’s Customer Protection Proposals
Third Session– Alternative Models for Segregation
The roundtable will be held in the Conference Center at the CFTC’s Headquarters at Three Lafayette Centre, 1155 21st Street, NW, Washington, DC, 20581. The discussion will be open to the public. Members of the public may also listen by telephone and should be prepared to provide their first name, last name, and affiliation.
US Toll-Free Number: 866-844-9416
International Toll Numbers: International Dial-In Numbers
A transcript of the roundtable discussion will be published on the CFTC’s website at: www.cftc.gov
Members of the public wishing to submit their views on the topics addressed at the roundtable may do so via:
• Paper submission to David Stawick, Secretary, Commodity Futures Trading Commission, Three Lafayette Centre, 1155 21st Street, NW, Washington, DC 20581; or
• Electronic submission by visiting http://comments.cftc.gov and following the instructions for submitting comments through the CFTC’s website.
All comments must be identified by RIN number: 3038-AD87.
All submissions provided to the CFTC in any electronic form or on paper may be published on the Commission’s website, without review and without removal of personally identifying information.
Last Updated: August 15, 2012