On March 26, National Futures Association (NFA) granted regulatory relief in response to the coronavirus (COVID-19) pandemic, which temporarily extends the deadline for the annual and periodic financial reports introducing brokers (IBs) are required to file.
Continue Reading NFA Issues Regulatory Relief for Introducing Brokers
financial reports
NFA Issues Notice of Additional Questions for CPOs on the Annual Pool Financial Statement
By Ayah K. Sultan & Kevin M. Foley on
Posted in CFTC
On January 18, the National Futures Association (NFA) issued a Notice to inform commodity pool operators that two additional questions concerning virtual currency activities have been added to the cover page of the annual pool financial statement. The changes are effective for financial statements as of October 31, 2017 or later.
NFA’s Notice I-18-03 is…
CFTC Unanimously Approves Final Rule Amendments to Its Regulations Regarding CPO Financial Reports
Posted in CFTC
On November 21, the Commodity Futures Trading Commission announced unanimous approval of amendments to the required financial reports that a commodity pool operator (CPO) provides on each pool the CPO operates. The amendments contain provisions similar to the guidance previously provided through exemptive relief or no-action letters and include the following changes:
- approved use of
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