FCM Filing Requirements — Risk Exposure Reports and CCO Annual Report

09
Dec

FCM Filing Requirements — Risk Exposure Reports and CCO Annual Report

FCM Filing Requirements — Risk Exposure Reports and CCO Annual Report FCM Filing Requirements — Risk Exposure Reports and CCO Annual Report

The Commodity Futures Trading Commission (“CFTC”) regulations require FCMs to file with the CFTC Risk Exposure Reports on a quarterly basis and a Chief Compliance Officer (CCO) report on an annual basis. Under CFTC Regulation 1.11, each FCM is required to establish, maintain and enforce a system of risk management policies and procedures designed to


Third Party Recordkeeper for Commodity Pool Operators

09
Dec

Third Party Recordkeeper for Commodity Pool Operators

Third Party Recordkeeper for Commodity Pool Operators Third Party Recordkeeper for Commodity Pool Operators

In September 2014, the Commodity Futures Trading Commission (“CFTC”) published an Exemptive Letter (14-114) that allows commodity pool operators (“CPO”) to maintain its books and records as well as those of the commodity pools it operates with a third party record keeper. The CFTC stated in the letter that the relief would be granted if


New Regulatory Rule/Policy

09
Dec

New Regulatory Rule/Policy

New Regulatory Rule/Policy New Regulatory Rule/Policy

Effective June 1, 2014 NFA began imposing a fee of $1,000 when a firm or individual fails to disclose a disciplinary matter on a registration application or fails to promptly update an existing registration record to disclose a new disciplinary matter in accordance with NFA Registration Rule 210(c). When the new policy was rolled out,