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TOCOM Self-Regulatory Activities

The Commodity Derivatives Act requires commodity exchanges to properly conduct self-regulatory activities in order to ensure the fairness of transactions on commodity markets and to protect customers.

Tokyo Commodity Exchange (TOCOM) has established the Self-regulatory Committee as a body to ensure proper governance from the perspective of an organization operating both as an exchange with the public mission and a profit-seeking corporation and to properly conduct self-regulatory activities. Self-regulatory activities include “examination of the qualification of Members,” “investigation of Members’ compliance status with laws, regulations and the rules of the Exchange,” “sanctions against Members,” and “examination of trades.”

Self-regulatory Committee

As an advisory body to the Board of Directors, TOCOM has established the Self-regulatory Committee to deliberate on the matters concerning self-regulatory activities. TOCOM has also established a department in charge of self-regulatory activities to support the execution of duties by the Self-regulatory Committee.