Risk Disclosure by Futures Commission Merchants, Introducing Brokers, Commodity Pool Operators and Commodity Trading Advisors to Customers; Bankruptcy Disclosure

摘要

The Commodity Futures Trading Commission (Commission or CFTC) is requesting public comment on the text of a draft two page generic risk disclosure statement currently being discussed among various international futures regulators that potentially could be used to meet the risk disclosure requirements for both domestic and foreign commodity futures and commodity option products subject to regulation by the CFTC. As contemplated by Commission rule 1.55(c), the text of the generic risk disclosure statement is being published, in part, to further these discussions relative to the development of one document to satisfy the risk disclosure requirements of the CFTC and such foreign jurisdictions as may choose to adopt its language for use in their jurisdictions. Based on the comments received, the CFTC may be better able to provide input to these discussions and to consider rule amendments to permit the substitution of this statement under rule 1.55(c) and certain other rules for firms doing cross-border business.