Whole Section

  • 2.02D Eligibility Criteria for FCM Clearing Members

    • 2.02D.1

      Unless otherwise prescribed by the Clearing House, to be eligible for Clearing Membership as an FCM Clearing Member, an applicant must, in addition to the relevant eligibility criteria prescribed under Rule 2.02, 2.02B or 2.02C, as the case may be, satisfy the Clearing House that:

      2.02D.1.1 it is properly registered as an FCM with the CFTC; and
      2.02D.1.2 it complies with all regulatory financial requirements (whether relating to capital, equity, risk or otherwise) applicable to it as an FCM, including without limitation the applicable requirements of CFTC Regulation 1.17 and Part 22 of the CFTC Regulations.

      Added on 31 December 201331 December 2013.