Market regulation · 26/04/2007

Registration of Intermediaries

The Commodity Futures Trading Commission ("Commission" or "CFTC") is proposing to amend Commission Regulation 3.10 to require certain registered intermediaries, i.e., futures commission merchants ("FCMs"), introducing brokers ("IBs"), commodity pool operators ("CPOs"), commodity trading advisors ("CTAs") and leverage transaction merchants ("LTMs"), to complete an online annual review of their registration information maintained with the National Futures Association ("NFA"). The proposed amendment ("Proposed Amendment") would ensure that NFA will have accurate and current information about such registrants. The Commission's proposal ("Proposal") also includes a technical and conforming amendment to Commission Regulation 3.33(f), which regulation is cross-referenced in the Proposed Amendment.