Customer Clearing Documentation and Timing of Acceptance for Clearing

Under the regulations, SDs, MSPs, FCMs, and DCOs are required to develop and maintain written customer clearing documentation and trade processing procedures. Maintenance of contracts, policies, and procedures is prudent business practice. All SDs, MSPs, FCMs, and DCOs maintain documentation consistent with these regulations. The regulations are crucial both for effective risk management and for the efficient operation of trading venues among SDs, MSPs, FCMs, and DCOs. Each of these entities has a general recordkeeping obligation for these requirements under the Commission’s regulations (regulation 39.20 for DCOs; regulation 23.606 for SDs and MSPs; and regulation 1.73 for FCMs). The regulations are an important part of the Commission’s regulatory program for SDs, MSPs, FCMs, and DCOs. The information required to be preserved is used by representatives of the Commission to ensure compliance with the CEA and applicable Commission regulations relating to clearing activities.

The latest form for Customer Clearing Documentation and Timing of Acceptance for Clearing expires 2026-12-31 and is listed under ICR 202311-3038-003.