Annual Audit Deadlines – 2020

Did you know leap years are needed to keep our calendar in alignment with the Earth’s trip around the sun? Without the extra day on February 29th, every four or so years, we would lose almost six hours every year. …

Read More

NFA Approves Surcharge for Certain Swaps

Pending approval by the CFTC , NFAs Board of Directors has approved an annual dues surcharge of $1,750.00 on Certain NFA Members including FCMs for which NFA is the DSRO, IBs, CPOs, and CTAs that are approved as swap firms….

Read More

Anti-Money Laundering Deficient Jurisdictions

The NFA has put out an updated list of jurisdictions that are deficient in anti-money laundering and anti-terrorism rules.  There are some of the usual suspects (Iran) and a few new ones (Cambodia). Financial institutions should be aware of changes…

Read More