Housekeeping

Late Fee for CTA and CPO Quarterly Reports On June 21, 2016, the National Futures Association (“NFA”) announced an amendment to NFA Compliance Rule 2-46 (“Rule 2-46”), which will a…

NATIONAL FUTURES ASSOCIATION CPO and CTA Quarterly Reporting Requirements for Period Ending March 31, 2016 Each commodity pool operator (“CPO”) Member and commodity trading advisor (“CTA”) Member with reporting requirements…

Financial Crimes Enforcement Network  The Financial Action Task Force (“FATF”) updated its list of jurisdictions with strategic anti-money laundering (“AML”) and counter-terrorist financing (“CFT”) deficiencies. In response, the Financial Crimes…

NATIONAL FUTURES ASSOCIATION 2015 Annual Pool Financial Statement Requirements The National Futures Association (“NFA”) has distributed reminder notices regarding filing requirements under Commodity Futures Trading Commission (“CFTC”) Regulations 4.7, 4.12…

COMMODITY FUTURES TRADING COMMISSION  Extension of Time-Limited No-Action Relief from Certain Recordkeeping Requirements  On December 8th, the Commodity Futures Trading Commission (“CFTC”) issued a press release regarding the no-action letter…

COMMODITY FUTURES TRADING COMMISSION Form CPO-PQR and FORM CTA-PR Frequently Asked Questions On November 5, 2015, the Commodity Futures Trading Commission’s (“CFTC”) Division of Swap Dealers and Intermediary Oversight (“DSIO”)…

NFA's Articles of Incorporation were amended to reduce the size of NFA's Board of Directors from 37 to 29 Directors. The new Board structure will be in place in February…

NATIONAL FUTURES ASSOCIATION Information Systems Security Programs - Cybersecurity On October 23rd the National Futures Association (“NFA”) announced the adoption of the interpretive notice regarding NFA Compliance Rules 2-9, 2-36…

Dear Members: Lately I've been reading a lot about the "vanishing FCM." In the July issue of our newsletter, Marc Nagel wrote an excellent article on the subject. And Ginger…

Financial Industry Regulatory Authority Redesigned FINRA Website In March, the Financial Industry Regulatory Authority (“FINRA”) announced the launch of its newly redesigned website. Two key factors were the driving force…