Melinda Schramm, Chairman of the Board and found of the NIBA has been invited to participate in a CFTC public meeting on September 16 in Washington, DC.
The purpose of this meeting isto discuss the proposed Account Ownership and Control Report. This proposed regulation identifies IBs and CTAs as business entities under the definitions in the proposals which may have increased responsibilities for identifying the real owners/controls of trading accounts. Details of this proposal can be found in the Federal Register at pg. 41775.
If you would like to comment, please email Melinda Schramm at melinda@futuresrep.com. A summary of the meeting will appear in the NIBA Newsletter and at the NIBA Meeting, November 2 in Chicago.
