On Jan. 7, ICE FUS notified CFTC of responsible individual changes.
ICE FUS certified rule changes with CFTC on amendment to ICE FUS Rule 4.13.
Removed requirement that Members assign a responsible individual (RI) to eBadges.
Provided redline of proposed amendment in Exhibit A on page 3 of self-certification.
Rulebook Amendments
RI requirement was adopted when the Exchange initially transitioned to electronic trading, and the requirement has since become obsolete and is no longer needed.
eBadge used to map trades executed on the electronic trading system (ETS) from the User ID(s) to the correct Clearing Member for clearing, and must be assigned on RI.
RI is is personally responsible for all activity that is conducted through the eBadges.
Newer ICE FUS Rule 4.15 requires that each person with access to trade on the ETC be uniquely identifiable, removing the need for a RI associated with each eBadge.
Amended Rule 4.13 to eliminate the RI and requirement that RI be assigned eBadge.
