In Latin, octo means eight. October, the eighth month of the year is recognized traditionally throughout the world as the gateway to winter. In the U.S., we celebrate National Pizza Month and, of course, Halloween.
In early October, the Wall Street Journal reported that CFTC enforcement actions and fines are up in 2018, while SEC-related numbers decreased over the same period. After falling slightly in 2017, CFTC numbers have risen this year in part to issues surrounding cryptocurrency offerings and spoofing. Complaints also include various recordkeeping and position limit violations.
NFA has called for nominations to its board of directors and nominating committees. Current terms of several directors expire February 21, 2019. Submissions for candidates for all positions must reach the NFA no later than October 15th. NIBA will be publishing the results of those nominations in subsequent newsletters. Elections will be held shortly after the nominations are announced, so be sure you have designated an Executive Representative to cast a vote for your registered firm. Only the Executive Representative will have the authority to vote on behalf of the firm.
FIA Expo will be held in Chicago October 16-18. The annual conference showcases the financial industry’s latest technology, as well as providing education and business-building sessions. FIA Expo is the largest conference sponsored by the association during the year, and provides a great opportunity for networking. Several of our member FCMs will be holding symposiums and product presentations alongside the Expo -- check with your FCM.
Pizza and a Snickers...great fuel for a busy October!
Best, Melinda
melinda@futuresrep.com
