[Code of Federal Regulations]
[Title 17, Volume 1]
[Revised as of April 1, 2006]
From the U.S. Government Printing Office via GPO Access
[CITE: 17CFR31.16]

[Page 374-375]
 
              TITLE 17--COMMODITY AND SECURITIES EXCHANGES
 
             CHAPTER I--COMMODITY FUTURES TRADING COMMISSION
 
PART 31_LEVERAGE TRANSACTIONS--Table of Contents
 
Sec.  31.16  Monthly reporting requirements.

    (a) Monthly activity. Each leverage transaction merchant shall file 
written monthly reports with the National Futures Association in the 
format specified by the National Futures Association, by the tenth 
business day of the month following the month covered by the report and 
shall include the following information separately for each

[[Page 375]]

leverage commodity and each long and short leverage contract:
    (1) The total number of leverage contracts that are open as of the 
close of business on the last business day of the month for:
    (i) All customer accounts, and
    (ii) Separately for commercial leverage accounts.
    (2) The total number of leverage contracts entered into by leverage 
customers during the month for:
    (i) All customer accounts, and
    (ii) Separately for commercial leverage accounts.
    (3) The total number of leverage contracts which were repurchased or 
resold by the leverage transaction merchant during the month.
    (4) The total number of leverage contracts which were liquidated by 
the leverage transaction merchant during the month (i.e., as a result of 
overdue or unanswered margin calls).
    (5) The total number of deliveries on leverage contracts during the 
month.
    (6) The total number of leverage contracts which were rescinded 
during the month.
    (b) Prices. The monthly report shall also show the following 
information separately for each leverage commodity and each long and 
short leverage contract: the leverage transaction merchant's last bid 
price offered and last ask price offered as of the close of business on 
each business day.

[54 FR 41082, Oct. 5, 1989]