{"data":{"id":"us/17-cfr-37.1400","jurisdiction":"us","citation":"17 CFR 37.1400","heading":"Core Principle 14—System safeguards.","body":"The swap execution facility shall:\n(a) Establish and maintain a program of risk analysis and oversight to identify and minimize sources of operational risk, through the development of appropriate controls and procedures, and automated systems, that:\n(1) Are reliable and secure; and\n(2) Have adequate scalable capacity;\n(b) Establish and maintain emergency procedures, backup facilities, and a plan for disaster recovery that allow for:\n(1) The timely recovery and resumption of operations; and\n(2) The fulfillment of the responsibilities and obligations of the swap execution facility; and\n(c) Periodically conduct tests to verify that the backup resources of the swap execution facility are sufficient to ensure continued:\n(1) Order processing and trade matching;\n(2) Price reporting;\n(3) Market surveillance; and\n(4) Maintenance of a comprehensive and accurate audit trail.","path":["Title 17—Commodity and Securities Exchanges","CHAPTER I—COMMODITY FUTURES TRADING COMMISSION","PART 37—SWAP EXECUTION FACILITIES","Subpart O—System Safeguards"],"source_url":"https://www.ecfr.gov/api/versioner/v1/full/2026-08-25/title-17.xml","current_through":"2026-08-25","vintage":"","retrieved_at":"2026-08-27T02:24:31Z","sha256":"a1e943df098eb2efdea3692546b7a21913d1e9ea0953219c6053a97283ddc10d","source_id":"us-cfr","stale":true,"prev":"us/17-cfr-37.1307","next":"us/17-cfr-37.1401"},"notice":"GroundRules: Original legal text. Not legal advice."}