Commodity Futures Trading Commission November 1, 2006 – Federal Register Recent Federal Regulation Documents

The Commodity Futures Trading Commission (``Commission'' or ``CFTC'') is proposing to amend its regulations in order to require, subject to the existing exception for certain notice registered securities brokers or dealers (``BDs''), that all persons registered with the Commission as futures commission merchants (``FCMs'') must become and remain members of at least one registered futures association (``RFA''). This action (``Proposed Amendment'') is consistent with the regulatory philosophy underlying the Commodity Futures Modernization Act of 2000 (``CFMA'').