NFA Proposes to Reduce Assessment Fees (Notice 1-14-12)

The National Futures Association ("NFA") filed a proposed rule change with the CFTC to reduce assessment fees from $.02 per side to $.01. The rule change would amend NFA Bylaw 1301 to reduce the assessment fees that FCM Members are required to pay to the NFA.

If approved by the CFTC, the new fees will be effective as of October 1, 2014.

See: NFA Notice to Members 1-14-12; Text of Proposed Rule Change.