NFA extended relief from certain recordkeeping requirements to futures commission merchants / introducing brokers, swap dealers and forex dealer members.
News & Insights
NFA recommended that its member futures commission merchants and introducing brokers review FinCEN's recently issued FAQ concerning customer due diligence in order to ensure that their AML programs meet CDD-related regulatory obligations
FINRA proposed amendments to the Security Futures Risk Disclosure Statement to reflect recent changes on position limits for security futures contracts, market-wide circuit breaker benchmarks and thresholds, and that exchanges may now list security futures on certain debt instruments.
NFA extended temporary relief from July 23, 2020 to September 30, 2020 for applicants and registrants from CFTC fingerprint requirements.
NFA amended AML interpretive guidance for futures commission merchants and introducing brokers to incorporate CFTC guidance on the regulatory obligations of "voice" brokers.