NFA Compliance Reminder: Cryptocurrency

Due to the recent volatility of the virtual currency market, the National Futures Association has issued a reminder regarding the ongoing disclosures and reporting requirements of NFA Members.


All FCMs, IBs, Commodity Pools, and Commodity Trading Advisors that engage in activities relating to virtual currencies or virtual currency derivatives must comply with the customer disclosure requirements established in the NFA’s Interpretive Notice.

Reporting Requirements

Any FCM or IB that solicits or accepts orders in virtual currency derivaties and CPOs and CTAs that execute transactions involving virtual currencies or virtual currency derivatives to immediately notify NFA by amending their Annual Questionnaire.