The Division of Clearing and Intermediary Oversight issued an interpretation that when an IB does no more than introduce a non-clearing FCM to a clearing FCM, and the non-clearing FCM then establishes an omnibus account with the clearing FCM, the requirement of Regulation 1.57(a)(1) that an IB open and carry each customer’s account with a carrying FCM on a fully-disclosed basis is not triggered, where: (1) the IB does not transmit trading orders fore the omnibus account to the clearing FCM; and (2) the IB does not accept funds from the customers whose accounts are maintained in the omnibus account.