For the first time, the Division of Market Oversight (DMO) for the CFTC has published its exam priorities for 2019.
The exams conducted by the Compliance Branch will target specific elements of a designated contract markets’s (DCM’s) self-regulatory program with more focused time periods and more importantly, undergoing an exam at least once a year.
The DMO will announce its exam priority to enhance communication.
The 2019 exam priorities will focus on:
- Disruptive Trading
- Trading Practices
- Block Trades
- Markets & Market Makers
- Trading Programs
- Relationships with Service Providers
Since the NFA is the self regulatory arm of the CFTC, expect the NFA to follow the lead on these exam priorities.
If you feel you need a full NFA Mock Audit, Compliance Review, or Updated Procedures, please reach out to Mike Coglianese at Mike@cogcpa.com.
For more details regarding 2019 Compliance Branch Examination Priorities, click here.