NFA - Amendments to Interpretive Notice Concerning Account Transfers - NFA Compliance Rule 2-40

This amendment describes the required procedures for the bulk assignment or liquidation of Forex positions and the cessation of customer business, including the required notice to customers. [SL Comment: Generally the procedure is intended to (i) provide regulatory notice of the transfer and (ii) protect the interests of the clients whose accounts are being transferred.]

Cross Reference(s): NFA Compliance Rule 2-40.

View release in full here (links externally to NFA website).