Release Number 6505-13

January 29, 2013

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

Washington, DC –The Commodity Futures Trading Commission (CFTC) today announced that staff will hold a public roundtable on Tuesday, February 5, 2013, from 9:30 a.m. to 5:00 p.m., to discuss the Commission’s 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. Comments on the proposed rulemaking must be filed with the Commission by February 15, 2013. Copies of the proposed rulemaking are available on the Commission’s website, www.cftc.gov.

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 Futures Commission Merchants.

Agenda for the Public Roundtable Discussion:

9:30 a.m.

First Session – The role of Examination Experts’ Reviews of SRO Examination Programs

11:00 a.m.

Morning Break

11:15 a.m.

Second Session – Proposed Enhanced Firm Specific Disclosures and Financial Reporting

12:45 p.m.

Lunch Break

2:00 p.m.

Third Session – Requirements for Segregation and Secured Acknowledgement Letters

3:15 p.m.

Afternoon Break

3:30 p.m.

Fourth Session– Residual Interest Requirements

5:00 p.m.

Roundtable Concludes

The roundtable will be held in the Conference Center at the CFTC’s Headquarters at Three Lafayette Centre, 1155 21st Street, NW, Washington, DC, 20581. The discussion will be open to the public. Members of the public may also listen by telephone and should be prepared to provide their first name, last name, and affiliation.

Listening information:

US Toll-Free Number:

866-844-9416

International Toll Numbers:

See Related Links

Passcode:

2289277

A video of the roundtable discussion will be made available on YouTube at http://www.youtube.com/user/CFTC or can be accessed through the CFTC’s website at: www.cftc.gov

The comment period for the proposed rulemaking on Enhancing Protections Afforded Customers and Funds Deposited by Customers expires February 15, 2013. Members of the public wishing to submit comments on the roundtable and proposed rulemaking may do so via:

  • Paper submission to Melissa Jurgens, Secretary, Commodity Futures Trading Commission, Three Lafayette Centre, 1155 21st Street, NW, Washington, DC 20581; or
  • Electronic submission by visiting http://comments.cftc.gov and following the instructions for submitting comments through the CFTC’s website.

All comments must be identified by RIN number: 3038-AD88.

All submissions provided to the CFTC will be published on the Commission’s website, without review and without removal of personally identifying information.

Last Updated: September 16, 2014