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<h1>Recognized Association's Annual Report Must Cover Market Analysis, Rule Changes, Membership, Disciplinary Actions, and Trade Details Per Rule 1954.</h1> The annual report of a recognized association under the Forward Contracts (Regulation) Rules, 1954 must include details such as a yearly survey analyzing price movements and benefits of the forward market, changes in rules, bye-laws, and governing body composition, and activities of sub-committees. It should also report on membership changes, disciplinary actions, arbitration of disputes, member defaults, forward and ready prices, settlement rates, margin rates, allowances for deliveries, and transaction volumes and quantities delivered against forward contracts.