NFA Guidance on the Annual Affirmation Requirement for Entities Currently Operating under an Exemption or Exclusion from CPO or CTA Registration

NFA released the attached Notice to Members (including an FAQ) regarding CFTC final rules that require any person that claims an exemption or exclusion from CPO or CTA registration under certain CFTC Part 4 Rules to annually affirm the applicable notice of exemption or exclusion within 60 days of the calendar year-end. The first notice affirming these exemptions is due by December 31, 2012 and annually thereafter; failure to do so will result in the automatic withdrawal of the exemption or exclusion once the 60-day period has elapsed.

Click here to view notice in full (links externally to NFA website).