03-09 ![PDF Image](https://webarchive.library.unt.edu/web/20120916172100im_/http://www.cftc.gov/ucm/fragments/web_header/img/icon-pdf.png)
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Regulation 4.7(b)(4);
Exemption
The Division of Clearing and Intermediary Oversight provided exemptive relief to CPOs X and Y, located in state A, from requirements of Rule 4.7(b)(4) that they maintain certain books and records at their main business office and in accordance with Rule. 1.31. An affiliate of X and Y, Z, will maintain the books and records at Z's main office in State B. Relief is subject to the conditions that: (1) X and Y notify the Division if the location of any of the required books and records changes from that as represented to the Division; (2) X and Y remain responsible for ensuring, among other things, that all of their required books and records are maintained in accordance with Rule 1.31 and for assuring the availability of the records to the Commission, NFA, or any other agency authorized to review such books and records. This exemption is further subject to the condition that X and Y remain responsible for compliance with Rule. 4.7(b)(4).