Also on March 12, the Commodity Futures Trading Commission approved amendments to the National Futures Association Compliance Rule 2-10(b) requiring futures commission merchants (FCMs) to keep their books and records in an office that is under the supervision of an individual resident in that office, who is a principal and is registered as an associated person (AP) of the FCM. Although the existing rule required FCMs to keep such books and records in an office located either in the U.S. or in a Part 30 jurisdiction, there was no requirement that the office be maintained by the FCM or that it be supervised by a principal and registered AP.