Proposed Amendments to NFA Corporate Documents to Admit SDs and MSPs into the Association (Welcome, New Members!)

Pursuant to Sec. 17(j) of the Commodity Exchange Act, the NFA submitted to the CFTC the proposed amendments to NFA's Articles of Incorporation ("Articles") to integrate Swap Dealers ("SDs") and Major Swap Participants ("MSP") (collectively, "Swap Participants") into NFA's membership and governance structure. NFA's Board of Directors ("Board") approved the proposed amendments to the Articles on August 16, 2012, and the amendments have since been ratified by a majority of those Members actually voting in each of the Contract Market; FCM, LTM, and IB; and CPO and CTA categories.

View letter in full here (links externally to NFA website).