Report of the Commodity Futures Trading Commission on the Futures Industry Response to September 11th.

摘要

It is fair to say that neither the Market Disruption Contingency Plan nor the Commodity Futures Trading Commission's Y2K contingency plan contemplated the scope of disaster experienced on September 11th, which included the destruction or dislocation of two major exchanges and numerous trading firms combined with the destruction of a regional office of the Commission itself. This report is organized into three parts. The first part describes the efforts of the futures industry to resume operations as quickly as possible. The second part summarizes the Commission's efforts to restore its own operational capabilities and respond to administrative challenges in the aftermath of the attacks, challenges of the type also faced by many market participants displaced from the World Trade Center and surrounding area. Finally, the third part reviews what has been learned thus far about the disaster recovery and business continuity plans of both market participants and the Commission and discusses areas where further discussion, analysis, and cooperation within the industry and with the Commission may prove fruitful.