NFA Reminds SDs and MSPs of Requirements Regarding Risk Exposure Report Filings (NFA Notice I-14-24)

The NFA issued a notice to remind swap dealers ("SDs") and major swap participants ("MSPs") that, beginning with the quarterly Risk Exposure Reports as of September 30, 2014, SDs and MSPs will be required to submit all quarterly and interim Risk Exposure Reports to the NFA and CFTC through the WinJammer system.

The recent amendments to NFA Compliance Rule 2-49, which are effective as of September 30, 2014, provide that the NFA be authorized to require SDs and MSPs to submit identified reports or other documentation to the NFA and CFTC in the form and manner prescribed by the NFA.

See: NFA Notice to Members I-14-24. Related news: CFTC Announces That SDs and MSPs Can Submit Risk Exposure Reports to CFTC through NFA's WinJammer Filing System (September 29, 2014); NFA Proposes Amendments to SD and MSP Reporting Requirements (Compliance Rule 2-49) (August 28, 2014); NFA Amends Rule Regarding New Risk Exposure Report Filing Requirement for SDs and MSPs (NFA Notice I-14-20) (August 22, 2014).