Tuesday, November 22, 2016
2:00 PM – 3:00 PM EDT

Register here

A common tool that the Commodity Futures Trading Commission (“CFTC” or the “Commission”) relies upon to conduct market surveillance, including monitoring compliance with position limits, will soon enter the digital age – the Form 40 and Form 40S.  The CFTC’s Division of Market Oversight (“DMO”) will issue the New Form 40/40S pursuant to Special Calls to market participants that hold a reportable position in certain CFTC-regulated futures and swaps markets.

On November 18, 2016, the CFTC will cease issuing Special Calls via the Legacy Form 40/40S and begin issuing Special Calls using a new, electronic filing, submitted directly to a CFTC database.  The New Form 40/40S requests significantly more data about the reportable trader than the Legacy Form 40/40S.  Furthermore, unlike the Legacy Form 40/40S, the New Form 40/40S includes an affirmative obligation to update the reported information if and when it changes.

Please join us for a discussion focused specifically on the expanded scope of the New Form 40/40S and how best to prepare for an eventual CFTC Special Call for the New Form.

CLE Information

This program has been approved in accordance with the requirements of the New York State Continuing Legal Education Board for a maximum of 1.0 credit hours in professional practice. This program is appropriate for both newly admitted and experienced NY attorneys. Credit in additional jurisdictions will be applied for upon request.

Register here or for questions about this webinar, contact Danielle Couper at danielle.couper@cwt.com.