Exemptions Available to CTAs

A commodity trading advisor (CTA) may request relief from certain Commodity Futures Trading Commission (CFTC) regulations. Below are regulations that may offer such relief: 

  • CFTC Regulation 4.7: Exemption from certain part 4 requirements for commodity trading advisors with respect to advising qualified eligible persons.
  • CFTC Regulation 4.14: Exemption from registration as a commodity trading advisor.

Please note: CTAs must claim relief through NFA's Exemption System.


CTAs must file with NFA all notices of exclusion or exemption using NFA's Exemptions System.

Access the System

CFTC Part 4 Exemptions

See the CFTC Part 4 Exemptions Easy Reference Guide.

Learn More about CFTC Part 4 Exemptions