View Rule

View EO 12866 Meetings Printer-Friendly Version     Download RIN Data in XML

CFTC RIN: 3038-AE36 Publication ID: Fall 2016 
Title: Books and Records; Keeping and Inspection 

Staff is considering recommending to the Commission proposed rules to amend the requirements set forth in Regulation 1.31 regarding the retention and production of electronic records.  The proposed rules would modernize the recordkeeping requirements to account for advances in information technology that have rendered certain technical components of 1.31 obsolete and outdated. The proposed rules would rely on current standards in the financial industry for achieving efficient and reliable electronic storage of records that would also provide the Commission with the high degree of confidence in the integrity of the records demanded by the Commission’s regulatory mandate.

Agency: Commodity Futures Trading Commission(CFTC)  Priority: Substantive, Nonsignificant 
RIN Status: Previously published in the Unified Agenda Agenda Stage of Rulemaking: Proposed Rule Stage 
Major: Undetermined  Unfunded Mandates: No 
CFR Citation: 17 CFR 1.31   
Legal Authority: 7. U.S.C. 6a    7 U.S. 6g    7 U.S.C. 6n    7 U.S.C. 6r    7 U.S.C. 6s    7 U.S.C. 6t    7 U.S.C. 7(d)    7 U.S.C. 7a-1   
Legal Deadline:  None
Action Date FR Cite
NPRM  12/00/2016 
Regulatory Flexibility Analysis Required: No  Government Levels Affected: None 
Small Entities Affected: No  Federalism: No 
Included in the Regulatory Plan: No 
RIN Data Printed in the FR: No 
Related RINs: Split from 3038-AE23 
Agency Contact:
Frank Fisanich
Chief Counsel, Division of Swap Dealer and Intermediary Oversight
Commodity Futures Trading Commission
Three Lafayette Centre, 1155 21st Street NW,
Washington, DC 20581
Phone:202 418-5949