Sixteen dually registered entities settled SEC and CFTC charges for recordkeeping and supervision violations related to "off-channel" communications involving employees' personal devices.
The NFA charged a Singapore-based, CFTC-registered introducing broker and its managing director with failure to maintain records of oral and written transaction communications and related supervisory failures.
A CFTC-registered introducing broker settled NFA charges for failing to maintain complete records and allowing an unregistered individual to operate as an associated person.
NFA amendments that modify the definition of "branch office" to exclude certain locations that are part of a hybrid work-from-home environment will go into effect on September 23, 2021.
NFA proposed amendments to its branch office interpretative notice that would modify the definition of "branch office" to exclude certain locations that are a part of a hybrid work-from-home environment.