January 26, 2022

Volume XII, Number 26

Advertisement
Advertisement

January 26, 2022

Subscribe to Latest Legal News and Analysis

January 25, 2022

Subscribe to Latest Legal News and Analysis

January 24, 2022

Subscribe to Latest Legal News and Analysis
Advertisement

NFA Issues Notice Regarding Reporting Requirements for CPOs, CTAs and IBs That Deal in Virtual Currencies

On March 27, the National Futures Association (NFA) issued Notice I-18-07, reminding commodity pool operators (CPOs), commodity trading advisors (CTAs) and introducing brokers (IBs) to immediately notify NFA by amending the firm-level section of their respective annual questionnaires if they trade any virtual currency products or solicit or accept any order in virtual currency products, as applicable. (See notice I-17-28 and I-17-29, as reported in the Corporate & Financial Weekly Digest edition of January 12, 2018.)

The Notice also stated that these CPOs, CTAs and IBs are not required to comply with the other reporting and filing requirements outlined in Notices I-17-28 and I-17-29 at this time. However, NFA may reach out to individual firms to request additional information as necessary.

Notice I-17-28 is available here.

Notice I-17-29 is available here.

Notice I-18-07 is available here.

 

©2022 Katten Muchin Rosenman LLPNational Law Review, Volume VIII, Number 89
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement

About this Author

Our Financial Services Practice advises a broad spectrum of domestic and international fund managers, trading advisors, banks, brokerages and proprietary trading firms in all aspects of exchange-traded and over-the-counter commodities, securities and derivatives transactions. We help clients find business-based solutions and make business-driven decisions that are in compliance with applicable regulatory requirements. Our lawyers have extensive experience in the financial markets and are fully attuned to the need to provide advice quickly and efficiently in light of the time-sensitive and...

+44 0 20 7776 7625
Advertisement
Advertisement
Advertisement