FIA submitted a comment letter questioning the value of certain compliance resource information required to be submitted as part of FCM and swap dealer CCO annual reports.
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.
In three separate notices, NFA reminded (i) futures commission merchants, forex dealers, and introducing brokers, (ii) CPOs and CTAs, and (iii) swap dealers on reporting requirements, and common deficiencies in regulatory compliance.
The NFA Business Conduct Committee issued a complaint against an introducing broker and its CEO for registration and supervision violations.
NFA modified its annual questionnaire to add questions concerning members' virtual currency, virtual currency derivatives and micro contract activities.