NFA's Logo

Notices to Members

2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996

Subscribe to our feed Follow NFA_News on Twitter
Email This to a Friend
Notice I-07-42

October 25, 2007

NFA proposes reduction in assessment fees

On October 18, 2007, NFA's Executive Committee resolved to recommend to NFA's Board of Directors a reduction in NFA's assessment fees. At its upcoming meeting on November 15, 2007, NFA's Board of Directors will consider the Executive Committee's recommendation to reduce the assessment fee from $.02 per side (futures & options contracts) to $.01 per side, the lowest level in NFA's history and the eighth reduction in the fee in the last nine years.

Assuming the proposal is approved by both the Board of Directors and the CFTC, the reduction will become effective on January 1, 2008.

The Executive Committee felt, based on recent trends in public trading volume growth, that this fee reduction may be sustainable for at least two years. Obviously, the trend in trading volume may change. In the event that public trading volume is greater than expected, the Executive Committee may recommend another reduction in the fee. If trading volume is lower than projected, however, the Committee may recommend an increase in the fee at some point in the future.

For additional information, consult NFA's Interpretive Notice "NFA Bylaw 1301: NFA Assessment Fee Questions and Answers for FCMs" or contact NFA's Information Center at (800) 621-3570.

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