Corporate & Financial Weekly Digest

Corporate & Financial Weekly Digest

Tag Archives: forex

NFA Issues Notice of the Effective Date of Amendments to NFA Compliance Rule 2-36: Requirements for Forex Transactions and NFA Compliance Rule 2-43: Forex Orders

Posted in CFTC
On January 11, the National Futures Association (NFA) issued a Notice that the amendments to NFA Compliance Rules 2-36 and 2-43 submitted to the Commodity Futures Trading Commission on December 4, 2017 (as reported in the December 8, 2017 edition of Corporate & Financial Weekly Digest) were approved. The amendments will apply to forex dealer… Continue Reading

NFA Proposes to Amend NFA Compliance Rules 2-36 and 2-43

Posted in CFTC
On December 4, the National Futures Association (NFA) submitted proposed amendments to NFA Compliance Rule 2-36 and Rule 2-43 to the Commodity Futures Trading Commission. The amendment to NFA Compliance Rule 2-36 will require forex dealer members (FDM) to disclose to customers on a per-trade basis: (1) any commissions or other fees charged; (2) for… Continue Reading

NFA Announces Effective Date for Forex Transactions Requirements

Posted in CFTC
The Commodity Futures Trading Commission recently approved National Futures Association’s (NFA) amendment to NFA Compliance Rule 2-36. The amendment requires forex dealer members to supply customers and NFA with certain transaction execution data upon customer request. More information about the amendment is available in the December 2 edition of the Corporate & Financial Weekly Digest.… Continue Reading

Changes in Required Minimum Security Deposits for Forex Transactions

Posted in CFTC
On November 28, National Futures Association changed the minimum security deposits required to be collected for certain forex transactions in response to margin changes that CME and ICE recently implemented. For foreign currency futures involving the Mexican peso, Japanese yen and New Zealand dollar, forex dealer members must collect and maintain the following increased minimum… Continue Reading

NFA Proposes Changes to Forex Customer Disclosure Requirements

Posted in CFTC
On November 25, National Futures Association (NFA) submitted to the Commodity Futures Trading Commission a proposed amendment to NFA Compliance Rule 2-36. The amended rule would require a forex dealer member (FDM), upon customer request, to disclose the following information for each of the 15 forex transactions in the same currency pair occurring immediately before… Continue Reading