Regulatory Alerts2013-11-18 | 2013-26789Ownership and Control Reports, Forms 102/102S, 40/40S, and 71
The Commodity Futures Trading Commission adopted final rules to enhance the identification of futures and swap market participants by requiring electronic submission of trader identification and ownership data on amended Forms 102 and 40, and new Form 71. These regulations expand reporting obligations to include volume threshold accounts on designated contract markets and swap execution facilities, thereby linking transaction-level data with position-based large trader data. The compliance date for these rules is set for August 15, 2014, to facilitate improved market surveillance and the detection of manipulative or abusive trading practices.
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