The NFA provided guidance on the annual affirmation obligations for commodity pool operators and commodity trading advisors that are exempt from CFTC registration.
News & Insights
In three separate cases, two futures commission merchants and a guaranteed introducing broker settled CFTC charges for improperly bunching orders, unauthorized trading and failing to diligently supervise.
The NFA adopted amendments to its Compliance Rules and Interpretive Notices to cover transactions and counterparties involving swaps.
The CFTC Division of Swap Dealer and Intermediary Oversight granted no-action relief, under certain conditions, to the FIA and member futures commission merchants ("FCMs") in order to permit limited withdrawals of FCM excess residual interest.
JP Morgan Securities LLC, a registered futures commission merchant and swap dealer, agreed to pay a civil monetary penalty to settle CFTC charges that it failed to maintain adequate systems for reconciling exchange and clearing fees for trading of Chicago Mercantile Exchange products.