Recent Updates

The updated print version of the NFA Manual (as March 1, 2012) includes all changes and additions made between March 1, 2011 and February 29, 2012. Any updates to the NFA Manual since March 1, 2012 will be made available to you in this online version.

Here's what's new as of April 1, 2013. We will continue to call your attention to changes as we make them.

• Amendments to Article III: Purposes
• Amendments to Article VI: Members
• Amendments to Article VII: Board of Directors
• Amendments to Article VIII: Executive Committee
• Amendments to Article X: Nominating Committee
• Amendments to Article XI: Bylaws
• Amendments to Article XV: Financing
• Amendments to Article XVI: Miscellaneous
• Amendments to Article XVII: Adoption, Amendment and Repeal of Articles
• Amendments to Article XVIII: Definitions
• Amendments to Bylaw 1301. Schedule of Dues and Assessments

As of March 30, 2013

• Amendments to Compliance Rule 2-46

As of February 21, 2013

• Amendments to Bylaw 1301. Schedule of Dues and Assessments
• Amendments to Interpretive Notice: NFA Compliance Rules 2-7 and 2-24 and Registration Rule 401: Proficiency Requirements for Security Futures Products
• Amendments to Registration Rule 401. Qualification Testing Requirements

As of February 15, 2013

• Amendments to Financial Requirements Section 4. Financial Requirements and Treatment of Customer Property

As of January 1, 2013

• Amendments to Bylaw 301. Requirements and Restrictions

As of October 3, 2012

• Amendments to Registration Rule 401. Qualification Testing Requirement
• Amendments to Registration Rule 402. Waiver of Testing Requirement

As of September 25, 2012

• Amendments to Financial Requirements Section 13. Forex Dealer Member Reports

As of September 1, 2012

• Amendments to Financial Requirements Section 4. Financial Requirements and Treatment of Customer Property
• Added Financial Requirements Section 16. FCM Financial Practices and Excess Segregated Funds/Secured Amount Disbursements
• Amendments to Interpretive Notice: NFA Bylaw 1301: NFA Assessment Fee Questions and Answers for FCMs
• Added Interpretive Notice: NFA Financial Requirements Section 16: FCM Financial Practices and Excess Segregated Funds/Secured Amount Disbursements
• Added Interpretive Notice: NFA Bylaw 1301(b): NFA's Assessment Fee - Diminutive Notional Value Contracts and Security Futures Products

As of July 26, 2012

• Amendments to Financial Requirements Section 14. Assets Covering Liabilities to Retail Forex Customers
• Amendments to Interpretive Notice: Forex Transactions
• Amendments to Interpretive Notice: NFA Compliance Rule 2-40: Procedures for the Bulk Assignment or Liquidation of Forex Positions; Cessation of Customer Business

As of July 18, 2012

• Amendments to Bylaw 301. Requirements and Restrictions
• Amendments to Financial Requirements Section 5. Introducing Broker Financial Requirements
• Amendments to Registration Rule 101. Definitions
• Amendments to Registration Rule 201. Registration Requirements and Procedures
• Amendments to Registration Rule 202. Registration Processing and Notification of Registration or Confirmation of Exemption from Registration
• Amendments to Registration Rule 203. Registration Fees
• Amendments to Registration Rule 205. Registration of Floor Brokers and Floor Traders
• Amendments to Registration Rule 207. Multiple Associations
• Amendments to Registration Rule 208. Reporting of Principals
• Amendments to Registration Rule 209. Alternative to the Fingerprint Filing Requirement in Certain Cases
• Amendments to Registration Rule 210. Deficiencies, Inaccuracies and Changes to Application Information Must Be Reported
• Amendments to Registration Rule 212. Registration in One Capacity Does Not Include Registration in Any Other Capacity
• Amendments to Registration Rule 303. Temporary Licensing for Floor Brokers and Floor Traders
• Amendments to Registration Rule 501. Authority to Deny, Condition, Suspend and Revoke Registration
• Amendments to Registration Rule 601. Withdrawal from Registration
• Amendments to Registration Rule 701. Disclosure of Information from Registration Records Maintained by NFA
• Amendments to Registration Rule 801. Electronic Filing of Forms 7-R, 8-R, 3-R, 7-W and 8-T
• Amendments to Registration Rule 802. Certifications, Acknowledgements, Agreements and Representations

As of June 18, 2012

• Added Interpretive Notice: NFA Compliance Rule 2-10: The Allocation of Bunched Retail Forex Orders for Multiple Accounts

As of June 12, 2012

• Amendments to Bylaw 1301. Schedule of Dues and Assessments

As of June 5, 2012

• Amendments to Interpretive Notice: NFA Bylaw 1301: NFA Assessment Fee Questions and Answers for FCMs

As of March 26, 2012

• Added Interpretive Notice: NFA Compliance Rule 2-36: Requirements for Forex Transactions