NFA Reminds FCMs and RFEDs of Holiday Filing Requirements

NFA reminded futures commission merchants ("FCMs") and retail foreign exchange dealers ("RFEDs") that the upcoming Christmas and New Year's Day holidays will impact the regulatory filing schedules for certain daily financial statements.

Specifically, NFA advised FCMs and RFEDs that:

• daily segregated, 30.7 secured, cleared swaps customer collateral and daily forex statements are required to be prepared as of December 25, 2020 and submitted by noon on December 28, 2020;
• daily segregated, 30.7 secured and cleared swaps customer collateral statements are not required to be prepared as of January 1, 2021; and
• daily forex statements are required to be prepared as of January 1, 2021 and submitted by noon on January 4, 2021.

NFA stated that daily segregated, 30.7 secured, cleared swaps customer collateral and daily forex statements that are prepared as of December 24, 2020 and December 31, 2020 are required to be submitted by noon on December 28, 2020 and January 4, 2021, respectively.