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National Futures Association is a member of the Joint Audit Committee which is a representative committee of US futures exchanges and regulatory organizations.
The Joint Audit Committee's primary responsibility is to oversee the implementation and functioning of all terms and conditions of the Joint Audit Agreement and to determine the practices and procedures to be followed by each DRSO in the conduct of audits and financial reviews of the FCMs.
Other members of the Joint Audit Committee include: AMEX Commodities Corp.; CBOE Futures Exchange, LLC; Chicago Board of Trade; Chicago Climate Futures Exchange, LLC; Chicago Mercantile Exchange; Commodity Exchange, Inc.; HedgeStreet, Inc.; INET Futures Exchange, LLC; Kansas City Board of Trade; Minneapolis Grain Exchange; Nasdaq LIFFE, LLC; New York Board of Trade; New York Mercantile Exchange; OneChicago LLC; Philadelphia Board of Trade; and U.S. Futures Exchange, LLC.
Visit the Joint Audit Committee's Web site at http://www.wjammer.com/jac/ to learn more about the Committee, and to view any regulatory updates and documents they have published.
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