Compliance / Legal

As your industry advocate, the NIBA provides many services which help your business stay in compliance with NFA regulations. "Ask the NFA," is the way you can ask questions about…

Dodd-Frank transferred responsibility for identity theft from the FTC to the CFTC and SEC for those financial institutions under their jurisdiction. The rules adopted in April 2013 require “financial institutions”…

Risk management is a trade craft that never sleeps: Market conditions change, new products are invented, mathematics advance, operational flows become more complex, regulation evolves. We’ve seen all of these…

The NIBA has been working with the CFTC for over a year to gain approval from the regulatory body to participate in our newsletter series, “Get to Know the Regulators.”…

CFTC Relief Letter Concerning Quarterly Account Statements of CPOs of Funds of Funds On November 6, 2014, the Division of Swap Dealer and Intermediary Oversight (the “Division”) of the Commodity…

As your industry advocate, the NIBA provides many services which help your business stay in compliance with NFA regulations. "Ask the NFA," is the way you can ask questions about…

On March 16, 2015, the Financial Crimes Enforcement Network (FinCEN) issued an advisory announcing that the Financial Action Task Force (FATF) had updated its list of jurisdictions with strategic AML/CFT…

I was recently examined by NFA. It appeared like the examiner's exam plan "play book" that did not completely fit my business. Please describe how NFA's examination programs are structured.…

Roughly a month ago the Swiss National Bank rocked the world with a surprise announcement. During the middle of the night on January 15, 2015, Swiss banking authorities announced they…

Fund managers relying upon exemptions from registration as commodity pool operators (CPOs) pursuant to CFTC Rule 4.13(a)(1), 4.13(a)(2), 4.13(a)(3) or 4.13(a)(5) (or an exclusion in the case of CFTC Rule…