NFA Proposes Reducing Forex Dealer Member Assessment Fees

NFA proposed reducing the fees on Forex Dealer Members ("FDM") under the Forex Transaction Reporting Execution Surveillance System ("FORTRESS"). NFA stated that it plans to make the proposed amendments to NFA Bylaw 1301(e) ("Schedule of Dues and Assessments") effective ten days after receipt of submission by the CFTC unless the CFTC decides to review the proposal before approving.