Regulatory Alerts2019-04-03 | 2019-06443Financial Surveillance Examination Program Requirements for Self-Regulatory Organizations
The Commodity Futures Trading Commission amends Regulation 1.52 to revise the scope of third-party expert evaluations of self-regulatory organizations' financial surveillance programs for futures commission merchants. The rule limits the evaluation to the examination standards used by staff and extends the required evaluation frequency from every three years to every five years. These changes aim to reduce operational costs for self-regulatory organizations while maintaining effective oversight of futures commission merchant examination standards.
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