NFA's Logo
Home > FAQs > Registration > Filing Applications in ORS > Do sole proprietors need to complete both...

Do sole proprietors need to complete both the firm and individual applications?

Yes. A sole proprietor, i.e., an individual who intends to act as an FCM, SD, MSP, RFED, IB, CPO, CTA or FTF, is considered to be a firm, not an individual. Therefore, a sole proprietor applicant must file the electronic Form 7-R for the sole proprietorship and the electronic Form 8-R to list the sole proprietor as a principal or to become an AP of the firm. The sole proprietor must also file the electronic verification of the Form 8-R.

NFA is the premier independent provider of efficient and innovative regulatory programs that safeguard the integrity of the derivatives markets.
Site Index | Contact NFA | News Center | FAQs | Career Opportunities | Industry Links | Home
© National Futures Association All Rights Reserved. | Disclaimer and Privacy Policy