Release: 5738-09
For Release: October 20, 2009

CFTC Proposes to Amend Electronic Filing Regulations and Certain Other Financial Reporting Requirements Applicable to FCMs and IBs

Washington, DC – The Commodity Futures Trading Commission (CFTC) has proposed to amend its regulations regarding the electronic filing of financial reports and notices by futures commission merchants (FCMs) and introducing brokers (IBs) as well as certain other financial reporting requirements. The proposed amendments would, among other things:

  • enable internet-based filing of FCM financial reports using user authentication and password procedures in anticipation of expected changes to the WinJammer™ software application;
  • expand the types of filings that FCMs and IBs may submit electronically to include required “early warning” notices and certain other notices and filings;
  • provide for less prescriptive, but more immediate, documentation to be filed regarding a firm’s undercapitalized condition; and
  • expressly require that an income statement be included in the periodic unaudited financial reports of FCMs and IBs.

Public comment on the proposed regulations must be received by November 12, 2009. Copies of the proposed regulations also may be obtained by contacting the Commission's Office of the Secretariat, Three Lafayette Centre, 1155 21st Street, NW, Washington, DC 20581, 202-418-5100, or by accessing the Commission's website,

Media Contacts
Scott Schneider

R. David Gary

Last Updated: October 20, 2009