Regulacje rynkowe · 7.07.1999

Recordkeeping

On May 27, 1999, the Commodity Futures Trading Commission (``Commission'') published a rule in the Federal Register (64 FR 28735) announcing final amendments to the recordkeeping obligations imposed in Regulation 1.31. The Commission's rule provided that all the amendments would become effective on June 28, 1999. Recently the Commission learned that recordkeepers using only electronic storage media may need additional time to finalize arrangements with third party technical consultants necessary to meet the new condition imposed in section (b)(4) of amended Regulation 1.31.\1\ In order to avoid undue hardship for these recordkeepers, and in view of the alternative safeguards protecting the Commission's right to timely access to required records stored electronically, the Commission has decided to extend the effective date of Sec. 1.31(b)(4)'s requirements until September 27, 1999.