The swap execution facility shall:

1. (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. (1) Are reliable and secure; and
   2. (2) Have adequate scalable capacity;

2. (b) Establish and maintain emergency procedures, backup facilities, and a plan for disaster recovery that allow for:

   1. (1) The timely recovery and resumption of operations; and
   2. (2) The fulfillment of the responsibilities and obligations of the swap execution facility; and

3. (c) Periodically conduct tests to verify that the backup resources of the swap execution facility are sufficient to ensure continued:

   1. (1) Order processing and trade matching;
   2. (2) Price reporting;
   3. (3) Market surveillance; and
   4. (4) Maintenance of a comprehensive and accurate audit trail.