⚖️CFTC Notice
Agency Information Collection Activities: Notice of Intent To Extend Collection 3038-0078: Conflicts of Interest Policies and Procedures by Futures Commission Merchants and Introducing Brokers
Summary
The Commodity Futures Trading Commission ("Commission") is announcing an opportunity for public comment on the proposed renewal of a collection of certain information by the agency. Under the Paperwork Reduction Act ("PRA"), Federal agencies are required to publish notice in the Federal Register concerning each proposed collection of information, including each proposed extension of an existing collection of information, and to allow 60 days for public comment. This notice solicits comments on the collections of information mandated by Commission regulation 1.71 (Conflicts of interest policies and procedures by futures commission merchants and introducing brokers).
Agencies
- Commodity Futures Trading Commission
Business Impact
$$$ - High
The notice involves regulatory compliance for futures commission merchants (FCMs) and introducing brokers (IBs) regarding conflicts of interest, which directly impacts business practices and operational protocols. Compliance with the information collection required by the Commodity Futures Trading Commission can influence financial reporting and operational costs.