NFA Issues Three Notices Concerning CPO/CTA Regulations

The NFA issued the following three regulatory notices regarding CPOs and CTAs: 12-33: Application of NFA Assessment Fee to Proprietary Trading Firms That May Be Subject to CPO Registration;12-34: Guidance on Obligations under NFA Bylaw 1101 for Commodity Pool Operator Members Advising Pools That Are Registered Investment Companies; and 12-35: Member Obligations under NFA Bylaw 1101 and Compliance Rule 2-36(d) with Respect to CPOs/CTAs Exempt from Registration prior to December 31, 2012.The last notice concerns how an NFA member firm should deal with pools that may have lost their exempt status as of the end of the year.