NFA Forex Dealer Member Reports under Financial Requirements Section 13 - Late Fees

Amendments to NFA Financial Requirements Section 13, which codified NFA's requirement that FDMs file monthly operational and risk management reports and quarterly reports containing CFTC-required performance disclosures, became effective. The amendments also provide that any of these reports which are filed after their due date must be accompanied by a fee of $200 for each business day the report is late.

The first monthly operational and risk management report, and the first quarterly report, were due on October 23, 2012. Reports filed after this due date must be accompanied by a fee of $200 for each business day the report is late.

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