Original Text

For purposes of complying with any provision in the Commodity Exchange Act or the rules or regulations in this Chapter I that requires a swap transaction to be acknowledged by a swap dealer or major swap participant or a document to be signed or verified by a customer of a futures commission merchant or introducing broker, a retail forex customer of a retail foreign exchange dealer or futures commission merchant, a pool participant or a client of a commodity trading advisor, or a counterparty of a swap dealer or major swap participant, an electronic signature executed by the customer, retail forex customer, participant, client, counterparty, swap dealer, or major swap participant will be sufficient, if the futures commission merchant, retail foreign exchange dealer, introducing broker, commodity pool operator, commodity trading advisor, swap dealer, or major swap participant elects generally to accept electronic signatures, acknowledgments or verifications or another Commission rule permits the use of electronic signatures for the purposes listed above; Provided, however, That the electronic signature must comply with applicable Federal laws and other Commission rules; And, Provided further, That the futures commission merchant, retail foreign exchange dealer, introducing broker, commodity pool operator, commodity trading advisor, swap dealer, or major swap participant must adopt and use reasonable safeguards regarding the use of electronic signatures, including at a minimum safeguards employed to prevent alteration of the electronic record with which the electronic signature is associated, after such record has been electronically signed.

  Sufficient Conditions for:

An electronic signature is sufficient for compliance.

 

G 4 An electronic signature is sufficient for compliance. 5 This rule does not say whether An electronic signature is sufficient for compliance.. There may be other conditions which are sufficient to make this true. 0 A swap transaction is acknowledged by a swap dealer or a major swap participant. 1 Entities elect to generally accept electronic signatures, acknowledgments, or verifications. 0->1 yes 7 A document is signed or verified by a customer of a futures commission merchant. 0->7 no 2 The electronic signature complies with applicable Federal laws and other Commission rules. 1->2 yes 6 Another Commission rule permits the use of electronic signatures for the specified purposes. 1->6 no 2->5 no 3 Entities adopt and use reasonable safeguards regarding the use of electronic signatures, including safeguards to prevent alteration of the electronic record after it has been electronically signed. 2->3 yes 3->4 yes 3->5 no 6->5 no 6->2 yes 7->1 yes 8 A document is signed or verified by an introducing broker. 7->8 no 8->1 yes 9 A document is signed or verified by a retail forex customer of a retail foreign exchange dealer or futures commission merchant. 8->9 no 9->1 yes 10 A document is signed or verified by a pool participant or a client of a commodity trading advisor. 9->10 no 10->1 yes 11 A document is signed or verified by a counterparty of a swap dealer or major swap participant. 10->11 no 11->5 no 11->1 yes