Scoular Company on CMC Policy Call

This week, Eric Perry (Senior Manager, Risk Management) of The Scoular Company walked fellow CMC member organizations through an overview of his organization’s business lines and regulatory challenges. A history of the company, its revenue growth, its business divisions, and regulatory challenges were discussed.

Of particular note was that the electronic recording issue that is expected to be addressed by the CFTC within the next couple of months is viewed as being potentially overly burdensome, expensive and impracticable. More details are awaited around how the CFTC will modify their conforming amendment on this topic that was released late in 2011, and it is hoped that the new release would take into account the industry’s legitimate and strong concerns that have been expressed thus far.

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