Registration of Intermediaries; Final Rule (CFTC - Fed. Reg. Version)

The CFTC is adopting certain conforming amendments to the CFTC's regulations regarding the registration of intermediaries consistent with other CFTC rulemakings issued pursuant to the Dodd-Frank Act and other non-substantive, technical amendments to its regulations. The conforming amendments consist largely of added references, where appropriate, to rules relating to SDs, MSPs and swap execution facilities (SEFs).

Effective Date: October 29, 2012

Cross Reference(s): Dodd Frank Title VII. The following CFTC rules are to be amended by this release:

• 3.1 (Definitions)
• 3.2 (Registration processing by the National Futures Association; notification and duration of registration)
• 3.4 (Registration in one capacity not included in registration in any other capacity)
• 3.10 (Registration of futures commission merchants introducing brokers, commodity trading advisors, commodity pool operators, swap dealers, major swap participants and leverage transaction merchants)
• 3.11 (Registration of floor brokers and floor traders)
• 3.12 (Registration of associated persons of futures commission merchants, retail foreign exchange dealers, introducing brokers, commodity trading advisors, commodity pool operators and leverage transaction merchants)
• 3.21 (Exemption from fingerprinting requirement in certain cases)
• 3.22 (Supplemental filings)
• 3.30 (Current address for purpose of delivery of communications from the Commission or the National Futures Association)
• 3.31 (Deficiencies, inaccuracies and changes to be reported)
• 3.33 (Withdrawal from registration)
• 3.40 (Temporary licensing of applicants for associated person, floor broker or floor trader registration)
• 3.42 (Termination)
• 3.44 (Temporary licensing of applicants for guaranteed introducing broker registration)
• 3.46 (Termination)
• 3.56 (Suspension or modification of registration pursuant to section 8a(11) of the Act)
• 3.60 (Procedure to deny, condition, suspend, revoke or place restrictions upon registration pursuant to sections 8a(2), 8a(3), and 8a(4) of the Act)
• 3.64 (Procedure to lift or modify conditions or restrictions)
• 3.75 (Delegation and reservation of authority)

View rule release in full here: 77 FR 51898.Additional Materials: CFTC Press Release; CFTC Chairman Gary Gensler's Statement of Support; CFTC Commissioner Scott D. O'Malia's Statement of Dissent.