Letters

Designation of a Chief Compliance Officer for FCMs, SDs & MSPs

Summary

SIFMA and the Futures Industry Association (FIA) provide supplemental comments to the Commodity Futures Trading Commission (CFTC) on the designation of a chief compliance officer for futures commission merchants (FCMs), swap dealers (SDs), and major swap participants (MSPs). RIN 3038-AC96.  The proposals would implement certain requirements included in Title VII of the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act) that amend the Commodity Exchange Act (the CEA). The groups’ additional observations and recommendations supplement those provided to the CFTC in their joint letter of January 18, 2011.

PDF

Submitted To

CFTC

Submitted By

SIFMA, FIA

Date

3

June

2011