NFAs Branch Office requirements requires each CPO, CTA, FCM, RFED, and IB Member to list branch offices. Due to the COVID-19 Pandemic, the NFA provided relief from certain branch office requirements for Members that permitted their registered APs to work…
Introducing Brokers, FCMs, Commodity Pools – Start your PPP Loan Forgiveness Application Now
Do you have a PPP Loan? Start your forgiveness application process as soon as possible PPP Loan is a liability on your balance sheet until it is formally forgiven The PPP forgiveness process can take as long as 5 months…
Coronavirus Regulatory Relief Updates for IBs, FCMs, RFEDs, SDs
Per Compliance Rule 2-9, NFA Members with Branch Offices and/or Guaranteed Introducing Brokers (GIB) are required to conduct annual onsite inspections of each Branch Office and GIB. However, a new NFA Interpretive Notice now allows flexibility of this requirement based…
SWAPs Proficiency Now Available for FCMs, IBs, CPOs, and CTAs
As of January 31, 2020 the SWAPS Proficiency Requirements are available online for all APs at FCMs, CPOs, CTAs, and IBs. All said APs must be enrolled by January 31, 2021 to remain approved as a swap AP or continue…