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Certain broker-dealers registered with the Securities and Exchange Commission ("SEC") may notice register with the Commodity Futures Trading Commission ("CFTC") as a Futures Commission Merchant. If SEC-registered broker-dealers limit their futures-related activities to effecting transactions in Total Return Asset Contractssm ("TRAKRSsm") only with customers who are not either "qualified institutional buyers" as defined in Rule 144A, 17 C.F.R. Section 230.144A, or Chicago Mercantile Exchange members registered with the Commodity Futures Trading Commission ("CFTC") as floor brokers or floor traders, they are eligible to file with National Futures Association a one-page Notice Form 7-R for CFTC registration. There are no registration fees associated with this filing. However, NFA membership dues must be paid before NFA membership is granted.
You can view, complete, save and print the Notice Form 7-R Limited Purpose FCM online.
If you have questions, contact NFA's Information Center at (800) 621-3570 or (312) 781-1410 or e-mail NFA.
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