Source: https://www.law.cornell.edu/cfr/text/17/18.05?quicktabs_7=3
Timestamp: 2016-02-10 00:51:05
Document Index: 631773658

Matched Legal Cases: ['art 18', '§ 18', 'art 35', '§ 18', 'art 35', '§ 2', '§ 4', '§ 5', '§ 6', '§ 6', '§ 6', '§ 6', '§ 6', '§ 6', '§ 6', '§ 6', '§ 6', '§ 12', '§ 19', 'art 18']

17 CFR 18.05 - Maintenance of books and records. | US Law | LII / Legal Information Institute
CFR › Title 17 › Chapter I › Part 18 › Section 18.05 17 CFR 18.05 - Maintenance of books and records.
§ 18.05
Every volume threshold account controller; person who owns a volume threshold account; reportable sub-account controller; person who owns a reportable sub-account; and trader who owns, holds, or controls a reportable futures or option position shall keep books and records showing all details concerning all positions and transactions in the commodity or swap:
On all reporting markets;
Executed over the counter or pursuant to part 35 of this chapter;
On exempt commercial markets operating under a Commission grandfather relief order issued pursuant to Section 723(c)(2)(B) of the Dodd-Frank Wall Street Reform and Consumer Protection Act (Pub. L. 111-203, 124 Stat. 1376 (2010));
On exempt boards of trade operating under a Commission grandfather relief order issued pursuant to Section 734(c)(2) of the Dodd-Frank Wall Street Reform and Consumer Protection Act (Pub. L. 111-203, 124 Stat. 1376 (2010)); and
On foreign boards of trade.
Every such volume threshold account controller; person who owns a volume threshold account; reportable sub-account controller; person who owns a reportable sub-account; and trader who owns, holds, or controls a reportable futures or option position shall also keep books and records showing all details concerning all positions and transactions in the cash commodity or swap, its products and byproducts, and all commercial activities that it hedges in the futures, option, or swap contract in which it is reportable.
Every volume threshold account controller; person who owns a volume threshold account; reportable sub-account controller; person who owns a reportable sub-account; and trader who owns, holds, or controls a reportable futures or option position shall upon request furnish to the Commission any pertinent information concerning such positions, transactions, or activities in a form acceptable to the Commission.
[72 FR 60771, Oct. 26, 2007, as amended at 74 FR 12192, Mar. 23, 2009; 77 FR 66334, Nov. 2, 201; 78 FR 69259, Nov. 18, 20132]
§ 18.05 Maintenance of books and records.
(a) Every volume threshold account controller; person who owns a volume threshold account; reportable sub-account controller; person who owns a reportable sub-account; and trader who owns, holds, or controls a reportable futures or option position shall keep books and records showing all details concerning all positions and transactions in the commodity or swap:
(1) On all reporting markets;
(2) Executed over the counter or pursuant to part 35 of this chapter; and
(3) On foreign boards of trade.
(b) Every such volume threshold account controller; person who owns a volume threshold account; reportable sub-account controller; person who owns a reportable sub-account; and trader who owns, holds, or controls a reportable futures or option position shall also keep books and records showing all details concerning all positions and transactions in the cash commodity or swap, its products and byproducts, and all commercial activities that it hedges in the futures, option, or swap contract in which it is reportable.
(c) Every volume threshold account controller; person who owns a volume threshold account; reportable sub-account controller; person who owns a reportable sub-account; and trader who owns, holds, or controls a reportable futures or option position shall upon request furnish to the Commission any pertinent information concerning such positions, transactions, or activities in a form acceptable to the Commission.
[72 FR 60771, Oct. 26, 2007, as amended at 74 FR 12192, Mar. 23, 2009; 77 FR 66334, Nov. 2, 2012; 78 FR 69259, Nov. 18, 2013; 80 FR 59577, Oct. 2, 2015]
U.S. Code: Title 7 - AGRICULTURE§ 2 - Jurisdiction of Commission; liability of principal for act of agent; Commodity Futures Trading Commission; transaction in interstate commerce§ 4§ 5 - Findings and purpose§ 6a - Excessive speculation§ 6c - Prohibited transactions§ 6f - Registration and financial requirements; risk assessment§ 6g - Reporting and recordkeeping§ 6i - Reports of deals equal to or in excess of trading limits; books and records; cash and controlled transactions§ 6k - Registration of associates of futures commission merchants, commodity pool operators, and commodity trading advisors; required disclosure of disqualifications; exemptions for associated persons§ 6m - Use of mails or other means or instrumentalities of interstate commerce by commodity trading advisors and commodity pool operators; relation to other law§ 6n - Registration of commodity trading advisors and commodity pool operators; application; expiration and renewal; record keeping and reports; disclosure; statements of account§ 6t - Large swap trader reporting§ 12a - Registration of commodity dealers and associated persons; regulation of registered entities§ 19 - Consideration of costs and benefits and antitrust laws
Title 17 published on 2015-04-01The following are ALL rules, proposed rules, and notices (chronologically) published in the Federal Register relating to 17 CFR Part 18 after this date.2015-10-02; vol. 80 # 191 - Friday, October 2, 201580 FR 59575 - Repeal of the Exempt Commercial Market and Exempt Board of Trade Exemptions