NFA Notice I-13-31: Business Continuity and Disaster Recovery Plan Reporting Requirements for FCMs and FDMs

The National Futures Association ("NFA") released a Notice to members indicating that all futures commission merchants ("FCMs") and forex dealer members ("FDMs") are required to do an initial one-time filing of management personnel information by November 30, 2013, pursuant to the recent amendments to NFA Compliance Rule 2-38("Business Continuity and Disaster Recovery Plan"). Following Hurricane Sandy, Compliance Rule 2-38 was amended to expand its business continuity and disaster recovery reporting requirements. Each FCM and FDM must file contact information for all key management personnel, as well as the location, address, and telephone number of its disaster recovery sites through the Winjammer System.

See: NFA Notice I-13-31; Winjammer System. Related News: Amendments to NFA's Business Continuity and Disaster Recovery Plan Effective Date (September 30, 2013); SEC, CFTC and FINRA Issued a Staff Advisory on Business Community and Disaster Recovery Planning (August 19, 2013).