Adverse Registration Actions by the National Futures Association With Respect to Agricultural Trade Option Merchants and Their Associated Persons and Applicants for Registration in Either Category

概要

The Commodity Futures Trading Commission (Commission) is authorizing the National Futures Association (NFA) to deny, condition, suspend, modify, restrict or revoke the registration of any agricultural trade option merchant (ATOM) or any associated person (AP) of an ATOM or to deny or condition an application for registration in either category. In addition, the Commission is authorizing NFA to perform record custodianship functions with respect to such adverse registration actions. The Commission has previously authorized NFA to perform various functions with respect to processing registration records for ATOMs and their APs, and applicants therefore, including granting such registrations where appropriate and serving as the official custodian of those Commission records. 63 FR 18821 (April 16, 1998). This Order does not authorize NFA to accept or act upon requests for exemption or to render ``no- action'' opinions with respect to applicable registration requirements. This Order generally will confirm NFA's authority regarding the ATOM and ATOM AP registration categories to the authority delegated by the Commission to NFA concerning the other categories of registration under the Co