[Code of Federal Regulations]
[Title 17, Volume 1]
[Revised as of April 1, 2002]
From the U.S. Government Printing Office via GPO Access
[CITE: 17CFR1.37]

[Page 83-84]
 
              TITLE 17--COMMODITY AND SECURITIES EXCHANGES
 
             CHAPTER I--COMMODITY FUTURES TRADING COMMISSION
 
PART 1--GENERAL REGULATIONS UNDER THE COMMODITY EXCHANGE ACT--Table of Contents
 
Sec. 1.37  Customer's or option customer's name, address, and occupation recorded; record of guarantor or controller of account.

    (a)(1) Each futures commission merchant, introducing broker, and 
member of a contract market shall keep a record in permanent form which 
shall show for each commodity futures or option account carried or 
introduced by it the true name and address of the person for whom such 
account is carried or introduced and the principal occupation or 
business of such person as well as the name of any other person 
guaranteeing such account or exercising any trading control with respect 
to such account. For each such commodity option account, the records 
kept by such futures commission merchant, introducing broker, and member 
of a contract market must also show the name of the person who has 
solicited and is responsible for each option customer's account or 
assign account numbers in such a manner to identify that person.
    (2) Each futures commission merchant who receives a customer's 
election not to have the customer's funds separately accounted for and 
segregated, in accordance with Sec. 1.68, shall keep a record in 
permanent form that indicates such customer's election. The record of 
such a customer election may be indicated on the record required by 
paragraph (a)(1) of this section.
    (b) As of the close of the market each day, each futures commission 
merchant which carries an account for another futures commission 
merchant, foreign broker (as defined in Sec. 15.00 of this chapter), 
member of a contract market, or other person, on an omnibus basis shall 
maintain a daily record for each such omnibus account of the total open 
long contracts and the total open short contracts in each future and, 
for commodity option transactions, the total open put options purchased, 
the total open put options granted, the total open call options 
purchased, and the total open call options granted for each commodity 
option expiration date.
    (c) Each designated contract market shall keep a record in permanent 
form, which shall show the true name, address, and principal occupation 
or business of any foreign trader executing transactions on the facility 
or exchange. In addition, upon request, a

[[Page 84]]

designated contract market shall provide to the Commission information 
regarding the name of any person guaranteeing such transactions or 
exercising any control over the trading of such foreign trader.
    (d) Paragraph (c) of this section shall not apply to a designated 
contract market on which transactions in futures or option contracts of 
foreign traders are executed through, or the resulting transactions are 
maintained in, accounts carried by a registered futures commission 
merchant or introduced by a registered introducing broker subject to the 
provisions of paragraph (a) of this section.

(The information collection requirements contained in Sec. 1.37 were 
approved by the Office of Management and Budget under control numbers 
3038-0007 and 3038-0024; and in paragraph (b) under control number 3038-
0009)

[46 FR 54523, Nov. 3, 1981, as amended at 46 FR 63035, Dec. 30, 1981; 48 
FR 35289, Aug. 3, 1983; 58 FR 28501, May 14, 1993; 66 FR 20744, Apr. 25, 
2001; 66 FR 42269, Aug. 10, 2001]