Financial Requirements

SECTION 10. LATE FINANCIAL REPORTS AND OTHER FILINGS.

[Adopted Effective July 1, 2003. Effective dates of amendments: October 18, 2010; December 2, 2013; December 2, 2013 and October 6, 2021.]

Each financial report or other filing required by Section 1, 5, 6, 11, 17 or 18 that is filed after it is due shall be accompanied by a fee of $1,000 for each business day it is late. Payment and acceptance of the fee does not preclude NFA from filing a disciplinary action under the Compliance Rules for failure to comply with the deadlines imposed by NFA Financial Requirements or CFTC rules.