NFA will notify the firm by letter when it approves the firm's enrollment request and will provide a User Name for the Security Manager to use along with the temporary password to login to ORS. The first time that the Security Manager logs in, ORS will prompt him or her to change the password, after which the Security Manager will have access to ORS.

The Security Manager will have complete authority and responsibility to establish and maintain sub-accounts for other ORS users at your firm. To establish a user sub-account, the Security Manager will enter the name and some identifying information about the user, e.g., social security number and date of birth, and assign one of four security levels for the user. These levels are view only; update; file; and security manager. The Security Manager for an IB and/or CPO with financial reporting requirements can also assign one of two security levels for users to access the Easy File System. These levels are enter, and enter and submit. ORS will assign a User Name and temporary password for each user the Security Manager establishes, and the user will be prompted to change the password upon logging on to ORS the first time. The Security Manager will administer all of the user sub-accounts. For example, if the user forgets the password, the Security Manager can reset it or if a user leaves your firm, the Security Manager must delete the user's sub-account. In addition, by virtue of being a Security Manager, that person will be able to view, update and file registration information.

Like firms, floor brokers and floor traders must establish security accounts with NFA by completing an enrollment form. However, FB/FTs may not designate anyone except themselves as the Security Manager. When a FB/FT submits the enrollment form, the FB/FT will be provided with a temporary password. NFA will notify the FB/FT by letter when it approves the enrollment form and will provide a User Name for the FB/FT to use along with the temporary password to login to ORS. The first time that the FB/FT logs in, ORS will prompt him or her to change the password, after which the FB/FT will have access to ORS. As their own Security Manager, they can establish other user sub-accounts but may only assign view only or update security levels for those users. The FB/FT Security Manager has the same authority and responsibility for his or her security account as a firm's Security Manager has for a firm's security account.

The security levels permit users to perform the following types of tasks:

ORS

View The user can look at information in ORS. Update The user can file updates to existing registration information. They can also enter information into applications, firm withdrawal requests and individual withdrawal notices but not file them. File The user can file applications, firm withdrawal requests and individual withdrawal notices. Security Manager The user can create and delete other security managers and users and modify the security levels of users other than security managers.

Easy File

Enter The user can enter the financial information into the system but not submit the statement. Enter and Submit The user can submit the statement.

Each higher security level includes the ability to perform all the tasks associated with the lower security levels. For example, Update users can also look at information in ORS like a View user can.