(7)Legally binding requirements for DCMs authorised in the USA are set forth in the CEA form of a principles-based legal framework for the operation of DCMs. The CEA's requirements for DCMs include 23 Core Principles. These principles have the force of law and DCMs must comply with them on an initial and ongoing basis. A DCM must also comply with applicable CFTC regulations (CFR), which specify requirements for operating as a DCM.