17 CFR § 38.153 - Capacity to detect and investigate rule violations.
---identifier: "/us/cfr/t17/s38.153"source: "ecfr"legal_status: "authoritative_unofficial"title: "17 CFR § 38.153 - Capacity to detect and investigate rule violations."title_number: 17title_name: "Commodity and Securities Exchanges"section_number: "38.153"section_name: "Capacity to detect and investigate rule violations."chapter_name: "COMMODITY FUTURES TRADING COMMISSION"part_number: "38"part_name: "DESIGNATED CONTRACT MARKETS"positive_law: falsecurrency: "2026-04-05"last_updated: "2026-04-05"format_version: "1.1.0"generator: "[email protected]"authority: "7 U.S.C. 1a, 2, 6, 6a, 6c, 6d, 6e, 6f, 6g, 6i, 6j, 6k, 6l, 6m, 6n, 7, 7a-2, 7b, 7b-1, 7b-3, 8, 9, 15, and 21, as amended by the Dodd-Frank Wall Street Reform and Consumer Protection Act, Pub. L. 111-203, 124 Stat. 1376."regulatory_source: "66 FR 42277, Aug. 10, 2001, unless otherwise noted."cfr_part: "38"---
Identifier
/us/cfr/t17/s38.153
Currency
2026-04-05
Positive Law
No
Updated
2026-04-05
Chapter
Commodity Futures Trading Commission
Authority
7 U.S.C. 1a, 2, 6, 6a, 6c, 6d, 6e, 6f, 6g, 6i, 6j, 6k, 6l, 6m, 6n, 7, 7a-2, 7b, 7b-1, 7b-3, 8, 9, 15, and 21, as amended by the Dodd-Frank Wall Street Reform and Consumer Protection Act, Pub. L. 111-2... 7 U.S.C. 1a, 2, 6, 6a, 6c, 6d, 6e, 6f, 6g, 6i, 6j, 6k, 6l, 6m, 6n, 7, 7a-2, 7b, 7b-1, 7b-3, 8, 9, 15, and 21, as amended by the Dodd-Frank Wall Street Reform and Consumer Protection Act, Pub. L. 111-203, 124 Stat. 1376.
# 38.153 Capacity to detect and investigate rule violations.A designated contract market must have arrangements and resources for effective enforcement of its rules. Such arrangements must include the authority to collect information and documents on both a routine and non-routine basis, including the authority to examine books and records kept by the designated contract market's members and by persons under investigation. A designated contract market's arrangements and resources must also facilitate the direct supervision of the market and the analysis of data collected to determine whether a rule violation occurred.