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18 News Results
December 23, 2011

The CFTC is adopting final rules to implement the Dodd-Frank Act's new statutory framework regarding swap data recordkeeping and reporting requirements for all swap transactions. The rules apply to swap data recordkeeping and reporting requirements for swap data repositories, derivatives clearing org (non-SD/MSP counterparties) (including, without limitation, counterparties entitled to elect the clearing requirement exception pursuant to CEA § 2(h)(7) with respect to particular swaps). The rules being adopted apply to swap data recordkeeping and reporting requirements for swap data

July 18, 2013

The NFA has released a compliance rule update for Rule 2-7 ("Branch Office Managers and Designated Security Futures Principals").Rule 2-7 places limitations on who is permitted to be a branch office manager. In order to be a branch office manager, an Associate must: Have taken and passed the "NFA Branch Manager Examination," with the exception of Associates who are no longer acting as a branch manager, unless after acting as a branch manager the Associate was not registered in any capacity for a period of more than two years; or Is sponsored by a registered broker-dealer and is qualified to

April 08, 2014

FINRA filed with the SEC proposed amendments to the security futures risk disclosure statement (the "Statement"). The original Statement was approved by the SEC in 2002, and the first supplement to the Statement was added in 2010. FINRA is proposing a second supplement to the Statement to accommodate proposed changes by OneChicago, LLC to list a product with a physical delivery settlement cycle shorter than three business days. The proposed supplement discloses that settlement by physical delivery may be effected on a time-frame shorter than three business days based on the rules of the

April 25, 2014

A FINRA rule change relating to amending the securities futures risk disclosure statement (the "Statement") was published in the Federal Register. The original Statement was approved by the SEC in 2002, and the first supplement to the Statement was added in 2010. FINRA is proposing a second supplement to the Statement to accommodate proposed changes by OneChicago, LLC to list a product with a physical delivery settlement cycle shorter than three business days. The proposed supplement is intended to be read in conjunction with the Statement. Comments must be submitted by May 16, 2014. See: 79

May 23, 2014

FINRA released the April 2014 Supplement to the October 2002 Security Futures Risk Disclosure Statement. The Supplement replaces the first paragraph under Section 5.2 of the Disclosure Statement to accommodate proposed changes by OneChicago, LLC, to list a product with a physical delivery settlement cycle shorter than three business days. The implementation date of the Supplement is June 23, 2014. See: FINRA Regulatory Notice 14-24; April 2014 Supplement; Security Futures Risk Disclosure Statement.