CFTC Roundtable: Ownership and Control Report

In my role as Chairman of NIBA, I was invited to represent our organization at the CFTC Staff Roundtable held in Washington, DC on September 16. The topic was OCR (Ownership and Control Report), a proposed regulation scheduled to take effect as early as January 2012. Also present were representatives from several U.S. exchanges, CTAs and a working group associated with FIA. Among other things, this regulation will require all defined “reporting entities,” a/k/a “root data sources,” to provide increased account ownership and control information, not only at the time of opening, but on a continuing weekly basis in a…

The full article is available to active NIBA members only.

Please login or sign up to read the rest.
Log In Register