Rule Enforcement Review of Broker Associations

Zusammenfassung

As part of a rule enforcement review of the programs in place at U.S. futures exchanges for monitoring trading by members of broker associations, and the operation of broker associations generally, the Commission is seeking public comment with regard to all aspects of broker association activities. Comments are particularly invited on: (a) any impact broker associations may have on the handling and execution of orders; (b) any impact on open outcry trading; (c) any relationship between broker associations and the potential for non- competitive trading; (d) any benefits of membership in a broker association, both for-profit and not for-profit; and (e) any restrictions that could appropriately be placed on trading among members within a broker association.