Page 44 - 期货和衍生品行业监管动态（2024年12月刊）

期货和衍生品行业监管动态

protection measures of Rule 15c3-3 through a daily reserve computation warrant a

corresponding reduction of the 3 percent “buffer” that certain broker-dealers must

include as part of their customer reserve computation to 2 percent.

The amendments will become effective 60 days after the date of publication of

the adopting release in the Federal Register. Broker-dealers that exceed the $500

million threshold using each of the 12 filed month-end FOCUS Reports from July 31,

2024, through June 30, 2025, must perform the customer and PAB reserve

computations daily beginning no later than December 31, 2025 (i.e., six months after

June 30, 2025). When the amendments are effective, a carrying broker-dealer may

voluntarily perform a daily customer reserve computation and apply the 2 percent

aggregate debit items reduction, provided it notifies its designated examining

authority in writing at least 30 calendar days prior.

https://www.sec.gov/newsroom/press-releases/2024-211

12. 美国商品期货交易委员会批准关于期货佣金商客户保证金充足性及单独账

户处理的最终规则（2024 年 12 月 20 日）

美国商品期货交易委员会今日宣布了一项最终规则，旨在落实有关期货佣金

商保证金充足性以及客户独立账户处理的相关要求。该规则最终确定了 CFTC3

月在联邦公报发布的草案，旨在将 CFTC 第 19-17 号工作人员函中关于单独账户

处理的不行动立场吸收为正式规则。

CFTC 第 19-17 工作人员函通过 CFTC 第 20-28、 21-29、 22-11、 23-13 和 24-07

号工作人员函进行了补充和扩展，在 2019 年 7 月 10 日由 CFTC 清算与风险部与

互换交易商及中介机构监管部（现市场参与者部）联合发布，其中包括了一个清

算与风险部工作人员的不行动立场，表示如果衍生品清算机构允许期货佣金商清

算会员将客户的单独账户视为独立实体账户，并且清算会员的内部控制和程序要

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