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CFTC adopts amendments to FCM and IB electronic filing regulations

January 4, 2010 at 6:00 am

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The Commodity Futures Trading Commission (CFTC) has adopted amendments to its regulations regarding the electronic filing of financial reports and notices by futures commission merchants (FCMs) and introducing brokers (IBs) as well as certain other of its financial reporting requirements.

The amendments, among other things, will: enable internet-based filing of FCM financial reports using user authentication and password procedures in light of changes to the WinJammer™ software application;expand the types of filings that FCMs and IBs may submit electronically to include required “early warning” notices and certain other notices and filings; andprovide for less prescriptive, but more immediate, documentation to be filed regarding a firm’s undercapitalized condition.

Full copies of the amendments, which become effective January 4, 2010, are available at the Commission's website, www.cftc.gov.