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The CFTC's proposed amendments to the trade option exemption for end users were published in the Federal Register. The trade option exemption pertains to reporting requirements for trade option counterparties that are not swap dealers or major swap participants, as well as to recordkeeping requirements for trade option counterparties that are not swap dealers or major swap participants. The CFTC proposed the elimination of the Form TO annual notice reporting requirement for otherwise unreported trade options in CFTC Rule 32.3(b). Under the proposal, a counterparty that is not a swap dealer (

The CFTC Division of Swap Dealer and Intermediary Oversight ( DSIO ) released a letter to all futures commission merchants ( FCMs ) to clarify the record keeping requirements for customer segregated and secured funds maintained in carrying broker omnibus accounts in accordance with CFTC Regulations 1.20 and 30.7. Specifically, the Commission notes that a few FCMs have maintained a single combined customer omnibus account with a carrying FCM for segregated and secured customer trading and assets. The CFTC stated that a single account holding both segregated and secured assets, regardless of