Chapters
Rule 212

Reporting Requirements

  1. In the event the Board rejects a recommendation or supersedes an action of the Regulatory Oversight Committee or the Exchange Participant Committee, the Exchange or the Clearinghouse shall submit a written report to the CFTC detailing:

    1. the recommendation or action of the Regulatory Oversight Committee or the Participation Committee;

    2. the rationale for such recommendation or action;

    3. the rationale of the Board for rejecting such recommendation or superseding such action; and

    4. the course of action that the Board decided to take contrary to such recommendation or action.

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