CFTC Floats New Rules For Enhanced Customer Protection

Law360, New York (November 14, 2012, 2:53 PM EST) -- The U.S. Commodity Futures Trading Commission on Wednesday said it is proposing to adopt new regulations and amendments to existing rules that would require enhancements to customer protection and risk management programs, as well as internal monitoring and controls for futures commission merchants.

The proposed changes would also mandate upgrades to capital and liquidity standards, customer disclosures as well as auditing and examination programs for FCMs, according to a commission statement published in the Federal Register. The CFTC said its new rules would also take on...
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