NFA Financial Requirements Section 17 requires swap dealers (SD) and major swap participants (MSP) to file the financial, operational, risk management and other information required by NFA in the form and manner prescribed by NFA. Risk monitoring will be a major…
Events & News
DOL Fiduciary Rule In Place…For Now
The Department of Labor’s new regime has met some resistance on changing its own Fiduciary Rule that went live on June 9, the delayed deadline from April. Most recently Labor Secretary Acosta noted the department has requested information from advisors…
Compliance Reminders
Anti Money Laundering Annual Review Every Independent Introducing Broker and Futures Commission Merchant must have an Independent AML Review every 12 months. This must be done by either an outside compliance specialist or an internal source that is completely removed…
Dodd Frank Update
Dodd-Frank, born of the fires ignited by the 2008 Financial Crisis, has had a rocky existence, from its writing and passage to its lengthy and still uncompleted implementation. With Republicans controlling both houses of Congress, the push is on to…