CFTC Rule 1.35

Requires firms to keep full, complete and systematic records of all covered transactions.

Rule Overview

Jurisdiction: United States

Regulator: CFTC

Topic: Recordkeeping

Overview

Latest News

Further Reading

Designated contract market members and swap execution facilities are required to produce for inspection all documents on which trade information is originally recorded.

Pre-trade communications

All firms are required to keep all oral and written communications provided or received concerning quotes, solicitations, bids, offers, instructions, trading, and prices that lead to the execution of a transaction in a commodity or future.

The communications covered include telephone, voicemail, fax, instant messaging, chat, electronic mail, mobile device or other digital or electronic media.

Latest News More on CFTC

CFTC

CFTC rejects “regulation by enforcement” while touting muscular enforcement plan

April 3, 2026

CFTC leaders say the agency is narrowing, not weakening, its enforcement focus.

Alexander Barzacanos1 min read
Resources

Framing the Issue: A US strategic bitcoin reserve

April 1, 2026

Global financial destablilizer or shock absorber?

Carmen Cracknell<1 min read
GRIP Extra

GRIP Extra: CFTC launches Innovation Task Force, digital Euro progress advances

March 31, 2026

Our in-brief roundup of notable stories from the last week.

GRIP3 min read
Crypto

Crypto wrap: Regulatory clarity on security status, prediction platforms target insider trading

March 25, 2026

Our pick of the latest crypto stories.

Carmen Cracknell1 min read
CFTC

Use of crypto as derivatives collateral outlined in CFTC factsheet

March 25, 2026

Guidance keeps limits on uncleared swaps, applies haircuts, and requires FCMs to meet reporting and operational requirements under a no-action pathway.

Alexander Barzacanos1 min read
US State Regulation

Bipartisan bill seeks to ban sports bets on prediction markets

March 25, 2026

The bill, "The Prediction Markets Are Gambling Act," would clarify that, under US law, no CFTC-registered entity can list a contract that closely resembles a sports bet or a casino-style game.

Julie DiMauro2 min read
CFTC

CFTC and Division of Market Oversight issue releases on prediction markets and event contracts

March 24, 2026

A look at how the current administration intends to regulate event contracts and prediction markets.

Robert A. Schwartz | Morgan Lewis, Stacie Hartman | Morgan Lewis, Nikita Cotton | Morgan Lewis5 min read
GRIP Extra

GRIP Extra: AMLA begins groundwork for direct supervision, White House unveils federal AI framework

March 23, 2026

Our in-brief roundup of notable stories from the last week.

GRIP3 min read

Further Reading

FIA CFTC end-user roundtable report