FRS Exam Process

This webinar offers an overview of the annual operational and financial risk-based examination conducted by the CME’s Financial and Regulatory Surveillance Department in its capacity as the DSRO for clearing members of the CME. 

Panelists address the statutory and regulatory sources of FRS’s self-regulatory jurisdiction, the history of FRS practice around the exam, how FRS determines exam scope and priorities, the timeline for the exam and the factors that can affect that timeline, how to prepare for an exam (and how best to equip your firm to come through the exam issue-free) and recent disciplinary matters stemming from exams.