CFTC Form 102 is the Identification of Special Accounts form required by the Commodity Futures Trading Commission. Futures commission merchants, clearing members, and foreign brokers must file this form to assign a unique reporting number to each special account before trading begins under the Commodity Exchange Act.
The identification process requires reporting entities to disclose the name, location, and business of the account owner or controlling entity. The CFTC uses this data to monitor large trader positions and ensure transparent price discovery in commodity futures markets. Reporting entities must also specify whether each account is used for hedging or speculative trading purposes.
Failure to file CFTC Form 102, or submitting false information, can result in civil money penalties or imprisonment under Section 9 of the Commodity Exchange Act. The CFTC enforces large trader reporting rules strictly to protect market integrity and detect manipulation in commodity futures and options trading.
| Question | Answer |
|---|---|
| Form Name | CFTC Form 102 |
| Form Length | 2 pages |
| Fillable? | No |
| Fillable fields | 0 |
| Avg. time to fill out | 30 sec |
| Other names | cftcform102 how to fill enrollment form for ctftc |