CFTC Regulation 1.73 affects IBs and FCMs that execute orders for customers. Therefore, IBs meeting the qualifying requirements who execute give-up orders must adopt risk management procedures. This new regulation also applies to bunched orders.
This is one of the many new regulations Mike Coglianese will be discussing at the NIBA Conference on September 18th in Chicago at the CBOT buildling in the morning and the CME Group Building in the afternoon. Mike will be a panelist for the Legal Update segment
in the afternoon. To view the agenda for the NIBA conference and register, click here.