On March 5, the National Futures Association (NFA) submitted proposed technical amendments to two Interpretive Notices to the Commodity Futures Trading Commission (CFTC). With respect to Interpretive Notice 9025-Compliance Rule 2-29: Use of Promotional Material Containing Hypothetical Performance Results, the proposed technical amendment reinstates inadvertently deleted language that requires that the disclosure of material assumptions include information on the initial investment amount and reinvestment or distribution of profits. Additionally, the proposed technical amendment to Interpretive Notice 9053–Forex Transactions corrects a formatting issue.

Absent additional review by the CFTC, the NFA may establish an effective date for the amendments as early as 10 days after receipt of the submission by the CFTC.

A copy of the proposed technical amendments is available here.