Data Dictionary
Item Number B832
PAYABLE TO CUSTOMERS: SECURITIES ACCOUNTS-INCLUDING FREE CREDITS OFCall confidentiality applies to FFIEC 031/041.
| Series | Start Date | End Date | Confidential? | Reporting Forms |
|---|---|---|---|---|
| SECFB832 | 2000-03-31 | 9999-12-31 | Yes | SEC 1695/1696 |
Data Description:
The following commodity accounts shall be included in Aggregate Indebtedness:
A. Net ledger balances and gains and losses in commodity future non-regulated accounts liquidating to an equity.
B. Free credit balances in customers' non-regulated commodity accounts.
C. Credit balances in customers' accounts with spot (cash) commodity positions.
Regarding items A and B the respective amounts for regulated commodity accounts shall be excluded from Aggregate Indebtedness. Such represent amounts to be segregated pursuant to the Commodity Futures Trading Commission Act. The following represent funds actually segregated pursuant to the Act.
1. Funds in banks segregated under the Act (cash and market value of U.S.Government Securities - Firm owned).
2. Margin deposits with and receivable from commodity exchange associations for regulated commodities (cash and market value of U.S. Government Securities - Firm owned).
3. Receivable from brokers or dealers for customers' regulated commodity future accounts - included in "Omnibus accounts" under "Receivables from brokers and clearing organizations."
If the total of items 1, 2, and 3 above are less than the amounts to be segregated, enter such difference as an addition to Aggregate Indebtedness. In addition, submit to the Examining Authority a statement giving the reason for such condition and how it was rectified.
Accounts of non-customers shall not be included herein but appropriately classified in their respective categories in the statement of financial condition.
NOTE:
Reported on the Focus Report.