Section 37.1400 - Core Principle 14-System safeguardsThe swap execution facility shall:
(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:(1) Are reliable and secure; and(2) Have adequate scalable capacity;(b) Establish and maintain emergency procedures, backup facilities, and a plan for disaster recovery that allow for:(1) The timely recovery and resumption of operations; and(2) The fulfillment of the responsibilities and obligations of the swap execution facility; and(c) Periodically conduct tests to verify that the backup resources of the swap execution facility are sufficient to ensure continued:(1) Order processing and trade matching;(3) Market surveillance; and(4) Maintenance of a comprehensive and accurate audit trail.