FINANCIAL YEAR ENDED: 19 .FINANCIAL YEAR ENDED: 19 .

FINANCIAL YEAR ENDED: 19 .

1. The full name of the futures broker is or the full names of the partners of the futures broker are —

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2. The full name(s) of the auditor(s) *is/*are — ...............

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Registered company auditor registration No. ....................

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3. *I/*We have inspected the futures broker’s licence(s) held by the futures broker(s) and noted any conditions or restrictions on it (them), and any applicable conditions or restrictions prescribed by regulations under the Futures Industry Act 1986.

4. On the basis of *my/*our check or test examination and inquiries, *I am/*we are of the opinion that(2) —

(a) the accounting and other records kept by the broker *comply/*do not comply with sections 86 and 90 of the Futures Industry Act 1986;

(b) the internal accounting control procedures of the broker are *adequate/*inadequate having regard to the nature and size of the business of the broker;

(c) the clients’ property *has/*has not been dealt with by the broker in accordance with sections 86 and 91 of the Futures Industry Act 1986;

(d) property held for sale or for safe custody (or any other purpose) or purchased for clients and paid for by them has been held *encumbered/*unencumbered by the broker;

(e) the clients’ segregated accounts *have/*have not been maintained at all times during the financial year in accordance with section 86 of the Futures Industry Act 1986;

(f) the accounting in respect of those segregated accounts is *adequate/*inadequate;

(g) the broker *has/*has not properly held or disposed of all property received by the broker;

(h) the internal procedures designed to ensure compliance with all the conditions or restrictions applicable to the broker’s licence are *adequate/*inadequate;

(i) the broker *has/*has not maintained the required level of net tangible assets in connection with the broker’s business of dealing in futures contracts;

(j) the broker *has/*has not kept proper records of deposits and margins received from the clients of the broker;

(k) the broker *has/*has not dealt with those deposits and margins in accordance with the business rules of the futures exchange or futures association of which the broker is a member;

(l) the broker *has/*has not properly calculated and dealt with the excess funds (if any) of the broker’s clients;