Glossary

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TermDefinition
Member Responsibility Action (MRA) An action whereby an NFA member may be summarily suspended from membership, may be required to restrict its operations, or may otherwise be directed to take remedial action when the President of NFA, with the concurrence of the Executive Committee, has reason to believe that the action is necessary to protect the commodity futures markets, customers or other members or associates of NFA. This may be a summary action.