Effective Date of Amendments to NFA's Forex Requirements Regarding Supervision and Use of Electronic Trading Systems and Bulk Assignment and Liquidation of Forex Positions; Cessation of Customer Busin
The Notice pertains to several amendments to NFA's Requirements that govern the retail forex activities of NFA Members. These amendments to NFA's Interpretive Notice entitled Compliance Rule 2-36(e): Supervision and Use of Electronic Trading Systems and NFA Compliance Rule 2-40 and the related Interpretive Notice entitled NFA Compliance Rule 2-40: Procedures for the Assignment and Liquidation of Forex Positions; Cessation of Customer Business became effective on November 15, 2011.
Cross References: NFA Interpretive Notice Compliance Rule 2-36(e): Supervision and Use of Electronic Trading Systems; NFA Compliance Rule 2-40; Interpretive Notice entitled NFA Compliance Rule 2-40: Procedures for the Assignment and Liquidation of Forex Positions; Cessation of Customer Business. NFA's September 15, 2011 and September 22, 2011 Submission Letters.