Release Number 5888-10

September 9, 2010

CFTC to Host Public Roundtable on the Proposed Ownership and Control Report

Public comment period extended to October 7, 2010.

Washington, DC – Staff from the Commodity Futures Trading Commission (CFTC) will lead a public roundtable on September 16, 2010, to discuss the Commission’s proposed Ownership and Control Report (OCR). The roundtable will provide the public and CFTC staff with an opportunity to address issues raised in the Commission’s notice of proposed rulemaking related to the OCR, published in the Federal Register on July 19, 2010. As explained in the Notice, the proposed OCR calls for the collection of ownership, control and related information for all trading accounts active on U.S. futures exchanges and other reporting entities.

The OCR roundtable will be held in the Lobby Level Hearing Room of the Commission’s Headquarters, at Three Lafayette Centre, 1155 21st Street, NW, Washington DC. It will be open to the public with seating on a first-come, first-served basis. Members of the public also may listen by telephone. Call-in participants should be prepared to provide their first name, last name and affiliation.  The information for the conference call is below.

US/Canada Toll-Free: (866) 312-4390

International Toll: (404) 537-3379

Conference ID: 94281936

Shortly after the OCR meeting, a transcript of the roundtable will be published on the Commission’s Account Ownership and Control Report Rulemaking page at the Rulemaking page. To give interested parties time to prepare comments on matters that are discussed at the OCR roundtable, the Commission extended the comment period for the Federal Register Notice to October 7, 2010.

Members of the public wishing to submit their views on the topics addressed at the OCR roundtable may submit comments via email to [email protected] Comments also may be submitted by connecting to the Federal eRulemaking Portal at and following comment submission instructions. All comments must be submitted in English, or must be accompanied by an English translation.

Agenda for OCR Meeting

1:00-1:15 p.m.

Welcome and Opening Statements


Richard Shilts – Director, Division of Market Oversight
Introduction of CFTC Staff
Introduction of Invited Participants

1:15-2:45 p.m.

Topic I: Sources of OCR Data


Who are the root data sources in possession of OCR data? How will reporting entities acquire OCR data from root data sources? Will it be more difficult to collect OCR data for certain account or transaction types than for others? How will root data sources ensure that the data they provide to reporting entities is accurate? Could a unique account identification number provide a more efficient way to identify owners and controllers than the data points specified in the OCR?

2:45-4:15 p.m.

Topic II: OCR Implementation


How can reporting entities establish uniform protocols for receiving OCR data? What level of cooperation is necessary between reporting entities and root data sources in order to implement the OCR? What mechanisms will reporting entities employ to collect and receive OCR data? How will reporting entities ensure OCR data is accurately paired with account information from their trade registers? How will OCR data protocols be maintained or modified after implementation?

4:15- 4:30 p.m.

Closing Statements

Media Contacts
R. David Gary

Last Updated: December 26, 2017