Risk Assessment for Holding Company Systems

概要

The Commodity Futures Trading Commission (``CFTC'' or ``Commission'') is proposing for comment rules to implement the risk assessment provisions of the Futures Trading Practices Act of 1992. The proposed rules would enhance the Commission's financial surveillance program by providing the Commission with access to information concerning the activities of affiliates of registered futures commission merchants (``FCMs'') whose activities are reasonably likely to have a material impact on the financial or operational condition of the FCM. As proposed, these rules would require registered FCMs to maintain certain records concerning the financial activities of such material affiliates, to file certain information with the Commission on an annual and quarterly basis and to provide additional information to the Commission upon the occurrence of specified events.