NFA Regulatory Requirements for FCMs, IBs, CPOs and CTAs

Entire NFA Regulatory Requirements for FCMs, IBs, CPOs and CTAs in PDF format (Updated as of March 2010.)

March 2010 Revisions: Updated "Financial Requirements" (see page 20) found under the "Accounting for FCMs and IBs" section of the guide to reflect the March 31, 2010 amendments to Section 1. Futures Commission Merchant Financial Requirements of the NFA Manual. This includes (regarding FCMs) increasing the minimum dollar capital requirement from $500,000 to $1,000,000; increasing the risk-based capital requirement for non-customer accounts from 4% to 8% of the total risk margin requirement for positions carried in non-customer accounts; and include cleared over-the-counter derivative positions in an FCM's risk-capital calculation for customer and non-customer accounts.

Also added new "Quarterly Reporting Requirements" (see page 35) to the "Accounting for Commodity Pools" section to reflect the adoption of Compliance Rule 2-46. CPO Quarterly Reporting Requirements of the NFA Manual.

You can also download each Appendix in PDF format by clicking on the links below:

• Appendix A - Securities Haircuts in PDF format
• Appendix B - Anti-Money Laundering Questionnaire in PDF format
• Appendix C - Business Continuity and Disaster Recovery Plan Questionnaire in PDF format
• Appendix D - Ethics Training Policy Questionnaire in PDF format
• Appendix E - Privacy Policy Questionnaire in PDF format