This week, the CFTC approved a NFA Interpretative Notice that prohibits a Member from accepting credit card payments from customers to fund retail forex accounts. The NFA recently reviewed how
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Who Wants To Know About Enhanced FINRA Discipline
A recent study by the Sutherland Asbill law firm revealed that FINRA brought 4% more disciplinary cases in 2012 as compared to 2011. In doing so, FINRA jacked up its
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NFA Modifies Rule Prohibiting Commodity Pool Loans
In September 2009, the NFA adopted Rule 2-45, which prohibits CPOs from making any direct or indirect loans or advances of pool assets to the CPO or any affiliated person
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NFA Holds Webinar For CPOs Exempt Under Regulation 4.13(a)(4)
In February, the CFTC issued a final rule amending Part 4 of the CFTC regulations to rescind the exemption from CPO registration for certain qualifying pools under Regulation 4.13(a)(4). To
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NFA Issues Guidance to CPOs Regarding Exemptions Under Regulation 4.13(a)(4)
As we previously reported, the CFTC issued new regulations eliminating the exemption from registration available to CPOs that offered funds solely to sophisticated investors pursuant to Regulation 4.13(a)(4). For more
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CFTC Revises Registration and Reporting Requirements for CPOs and CTAs
On February 9, 2012, the CFTC issued a final rule regarding changes to Part 4 of the CFTC’s regulations involving registration and compliance obligations for commodity pool operators (“CPO”) and
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