NFA Institutes New Operational Requirements for Members; Registered CPOs and CTAs Need to Take Action in Q3 and Q4 2021

The National Futures Association has adopted two new operational requirements that will affect (among others) registered commodity pool operators and commodity trading advisors. Under new NFA Compliance Rule 2-50, as of June 30, 2021, registered CPOs will be required to file a notice with the NFA when a market or other significant adverse event affects a commodity pool’s ability to fulfil its financial obligations to commodity pool participants (adverse event notice filings requirement).1 With...
By: Dechert LLP

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