Market regulation · 14/01/1998
CFTC Proposes Amendments to Rule 1.12 for Futures Commission Merchants
The Commodity Futures Trading Commission (CFTC) plans to introduce new requirements for futures commission merchants (FCMs) to report financial or operational problems to the Commission and its designated self-regulatory organization (DSRO) in the event of an undersegregated or undersecured condition, aiming to protect customer funds and maintain market integrity.