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Showing posts with the label NFA : Press Release

NFA : Notice to Members .- Effective Date of Amendments to Bylaw 1301(b) - Assessment of Trades on Foreign Exchanges. Oct.th., 2010

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Notice to Members I-10-19 October 4, 2010 Effective Date of Amendments to Bylaw 1301(b) - Assessment of Trades on Foreign Exchanges An amendment to NFA Bylaw 1301(b), which sets forth the schedule of dues and assessments for FCMs, is effective as of November 1, 2010. The amendment exempts a person's proprietary trading from the NFA assessment fee for trades on all foreign futures markets if the person has privileges of membership on any NFA Member contract market that has annual transaction volume of at least 1,000,000. However, the exemption does not apply to the foreign proprietary trades of a person's parent, affiliate, or subsidiary unless these entities separately have privileges of membership on an NFA Member contract market that has annual transaction volume of at least 1,000,000. More information on NFA's amendment to Bylaw 1301(b) can be found in NFA's August 30, 2010 Submission Letter to the CFTC . Questions concerning this amendment should

NFA : NFA announces registration/compliance workshops for currently unregistered forex IBs, CPOs and CTAs. Sep.2nd., 201

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September 2, 2010 NFA announces registration/compliance workshops for currently unregistered forex IBs, CPOs and CTAs On August 30, the Commodity Futures Trading Commission published its final forex rules. All forex solicitors, account managers and pool operators are required to register with the CFTC as Introducing Brokers (IBs), Commodity Trading Advisors (CTAs) or Commodity Pool Operators (CPOs) and become Members of National Futures Association. The deadline for registration is October 18, 2010. To help individuals understand the registration process and their new regulatory requirements, NFA will be offering registration/compliance workshops in conjunction with the upcoming Futures and Forex Expo to be held on September 23-25 at Caesars Palace in Las Vegas. These workshops will outline the registration process and discuss regulatory requirements for each registration category. The schedule for the workshops is as follows: Saturday, September 25, 2010 8:30