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The continued strength and vitality of the futures industry relies on the confidence of the investing public in the integrity of the marketplace. To maintain that market integrity, NFA has developed rules requiring FCMs and IBs to maintain certain levels of net capital. In order to monitor Members' compliance with these financial requirements, NFA reviews the financial statements required to be filed by the Member firms. These requirements are outlined in NFA Regulatory Requirements for FCMs, IBs, CPOs and CTAs.
As part of its commitment to providing Members with efficient and cost-effective ways to operate, NFA, in conjunction with the Chicago Board of Trade and the Chicago Mercantile Exchange, has developed the WinJammer software which allows for financial statements to be submitted to NFA (and the CFTC) electronically. WinJammer allows FCMs and IBs to submit their financial statements timely and allows NFA to review those statements more quickly. See the WinJammer section of this Web site for further information on filing financial statements using WinJammer.
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