CFTC Staff to Host a Public Roundtable on Proposed Rulemaking Enhancing Protections Afforded Customers and Funds Deposited by Customers

The CFTC staff will hold a public roundtable on Tuesday, February 5, 2013 to discuss the CFTCs proposed rulemaking, Enhancing Protections Afforded Customers and Customer Funds Held by Futures Commission Merchants and Derivatives Clearing Organizations, which was published for public comment on November 14, 2012 (a fuller description of that proposal, as well as a link to the release itself, is set forth in the related news item linked below). Comments on the proposed rulemaking must be filed with the Commission by February 15.

The roundtable will focus on: the role of an Examination Expert to review Self-Regulatory Organization (SRO) examination programs; the proposed disclosures of firm specific risks and financial reporting; the proposed requirement for segregation and secured acknowledgement letters; and the proposed residual interest requirements for FCMs.

Click here to view more information on the roundtable.
See also related news item: Enhancing Protections Afforded to Customers and Customer Funds Held by FCMs and Derivatives Clearing Organizations; Notice of Proposed Rulemaking (CFTC; Fed. Reg. Version) (with Lofchie Comment).