Member Education & Resources



Type Title Date Topic Category Summary
2023 Financial Reporting Due Dates December 2, 2022 SD Financial Reporting Due Dates (for month end and quarter end, as applicable).
2023 SIDR Statement Due Dates December 2, 2022 FCM Details on SIDR Statement reporting due dates.
2023 1/FR and FOCUS Monthly Financial Report Due Dates December 2, 2022 FCM, FDM Details on monthly financial reporting due dates.
2023 Risk Data and Margin Monitoring Filing Due Dates for Swap Dealers December 2, 2022 SD Details on risk data and margin monitoring filing due dates for SDs.
2023 Daily Financial Statement Holiday Filing Requirements December 2, 2022 FDM, FCM Details on daily financial statement holiday filing requirements.
2023 Holiday Filing Requirements for Swap Dealers December 2, 2022 SD Details on holiday filing requirements for SDs.
Forex Transactions: A Regulatory Guide September 19, 2022 Forex FCM, CPO, CTA, FDM, IB This guide provides an overview of forex transactions and associated compliance requirements.
2022 Virtual Member Regulatory Workshop June 14, 2022 SD, CPO, FCM, CTA, IB, FDM NFA held a virtual Member Regulatory Workshop for commodity pool operator (CPO), commodity trading advisor (CTA), futures commission merchant (FCM), forex dealer member (FDM), introducing broker (IB) and swap dealer (SD) Members on June 1-2, 2022.
SOFR-related Proxies and Approximations for Initial Margin Model Purposes May 17, 2022 Margin SD This page contains information for SDs on properly treating SOFR exposure when calculating initial margin.
2022 Town Hall Webinar April 22, 2022 FCM, FDM, IB, SD, CPO, CTA To provide Members with an opportunity to ask questions of NFA's leadership, NFA conducted its sixth annual Town Hall webinar on May 12, 2022.
SD Reporting Requirements December 20, 2021 SD Details on reporting requirements for SD Members.
FCM Reporting Requirements December 7, 2021 FCM Details on reporting requirements for FCM Members.
NFA and the NIBA joint webinar: Supervision in a Hybrid Environment December 7, 2021 Coronavirus CTA, FDM, IB, CPO, FCM, SD On Tuesday, December 7, NFA and the NIBA held a webinar that discussed NFA supervision requirements as they pertain to hybrid and remote work environments.
SD Exams—What to Expect Webinar November 17, 2021 SD To provide SDs with information on the integration of capital requirements into NFA's SD exam program, and to provide general information on SD exams, NFA held a webinar on Tuesday, November 16, 2021.
NFA and NIBA joint webinar: Navigating Regulatory Requirements in a Hybrid Environment September 2, 2021 FDM, CTA, IB, CPO, SD, FCM On Thursday, September 23, NFA and the National Introducing Brokers Association (NIBA) held a webinar that discussed recent regulatory developments in relation to current hybrid and remote work environments.
RFED Reporting Requirements August 23, 2021 FDM Description of RFED reporting requirements.
NFA Regulatory Requirements Guide August 16, 2021 IB, CTA, CPO, FCM, FDM This guide discusses how to prepare for an NFA examination, highlights a number of general regulatory requirements and addresses accounting procedures for FCMs, IBs and commodity pools.
Self-Exam Questionnaire August 16, 2021 IB, CTA, CPO, FDM, FCM On an annual basis, NFA Member futures commission merchants (FCM), retail foreign exchange dealers (RFED), introducing brokers (IB), commodity pool operators (CPO) and commodity trading advisors (CTA) must review their operations using NFA's Self-Examination Questionnaire. The questionnaire is designed to aid Members in recognizing potential problem areas and to alert them to procedures that need to be revised or strengthened.
2021 Virtual Member Regulatory Workshop May 11, 2021 CTA, FCM, FDM, IB, SD, CPO NFA held a virtual Member Regulatory Workshop for commodity pool operator (CPO), commodity trading advisor (CTA), futures commission merchant (FCM), forex dealer member (FDM), introducing broker (IB) and swap dealer (SD) Members on May 11-13, 2021.
2021 Town Hall Webinar April 20, 2021 FDM, CPO, IB, FCM, SD, CTA To provide Members with an opportunity to ask questions of NFA's leadership, NFA conducted a Town Hall webinar on April 20, 2021.
2020 Member Regulatory Workshops February 11, 2021 CPO, FCM, SD, CTA, FDM, IB NFA Member regulatory workshops were held in New York, N.Y. on February 25, 2020, Chicago, Ill. on February 27, 2019 and London, U.K. on March 4, 2020.
Annual Questionnaire Webinar October 20, 2020 MSP, IB, SD, CTA, FDM, FCM, CPO NFA held a webinar to educate Members on the redesigned Annual Questionnaire, which launched on October 2, 2020. The webinar covered the transition to the new system, key differences between the old and new Annual Questionnaire and other helpful information.
NFA's Initial Margin Ongoing Monitoring Program Webinar October 2, 2020 Margin SD To provide Members with information on the revised program, as well as answer questions, NFA held a webinar on Tuesday, September 15, 2020.
2020 Supplement to the Security Futures Risk Disclosure Statement August 13, 2020 Security Futures Products FCM, IB The supplement discusses the recent amendments to the Risk Disclosure Statement for Security Futures Contracts.
Risk Disclosure Statement for Security Futures Contracts August 13, 2020 Security Futures Products FCM, IB This disclosure statement discusses the characteristics and risks of standardized security futures contracts traded on regulated U.S. exchanges.
Regulatory Oversight in a Virtual Environment Webinar May 27, 2020 Coronavirus FDM, FCM, CTA, IB, SD, CPO To provide Members with information on NFA's current operations, regulatory approach and relief issued, as well as answer questions, NFA held a webinar on May 27, 2020.
A Guide to Communications with the Public and Promotional Material May 1, 2020 Sales Practices and Promotional Material CPO, FCM, IB, CTA, FDM This guide presents an in-depth discussion of the standards that NFA Members must apply to their advertising.
Disclosure Documents: A Guide for CPOs February 24, 2020 CPO This brochure discusses the requirements CPOs must meet under Part 4, presents a sample break-even analysis and sample performance tables, and describes the disclosure document filing and review process.
Disclosure Documents: A Guide for CTAs February 24, 2020 CTA This brochure discusses the requirements CTAs must meet under Part 4, presents a sample performance table, and describes the disclosure document filing and review process.
Swaps Proficiency Requirements Webinar January 6, 2020 FDM, IB, SD, CPO, FCM, CTA NFA's Swaps Proficiency Requirements are now available online. To help Members understand their obligations related to the Swaps Proficiency Requirements, NFA held two webinars with identical content on January 15 and 28, 2020.
Swaps Proficiency Requirements Administrator Training Webinar December 10, 2019 FCM, FDM, SD, CTA, CPO, IB NFA's Swaps Proficiency Requirements will launch and become accessible online on January 31, 2020. To prepare SPR Admins, NFA held three webinars with identical content in October, November and December 2019.
Updates to Online Registration System (ORS) Webinar November 25, 2019 FDM, IB, CTA, FCM, SD, CPO NFA held a webinar on Monday, November 25, 2019 to help firms and individuals understand the latest updates from a multi-year rebuild to ORS including the Firm Application, Annual Registration Update, firm and individual update processes and minor revisions to the Individual Application.
BASIC: A Due Diligence Resource for the Investing Public November 8, 2019 FDM, SD, FCM, IB, CTA, CPO Before participating in the derivatives markets, investors should learn as much as they can about the firms and individuals with which they're considering doing business. This handout discusses briefly NFA's BASIC system—a powerful resource for conducting due diligence.
BASIC Redesign Webinar August 29, 2019 FCM, IB, CTA, CPO, MSP, SD, FDM On Thursday, August 29, 2019 NFA launched its redesigned BASIC system, a free tool that NFA Members and investors can use to research the background of derivatives firms and industry professionals. To walk users through the new system, NFA conducted a brief webinar on the day of launch.
CPO Internal Controls System Webinar March 25, 2019 CPO On Thursday, April 11, 2019, NFA held a webinar to help CPO Members understand their obligations with regard to NFA's Interpretive Notice entitled Compliance Rule 2-9: CPO Internal Controls System which became effective Monday, April 1, 2019.
2019 Member Regulatory Workshops March 1, 2019 CTA, FCM, CPO, FDM, IB, SD NFA held Member regulatory workshops in Chicago, Ill. on February 25, 2019 and in New York, N.Y. on February 27, 2019.
Virtual Currency Disclosure Requirements Webinar September 26, 2018 Virtual Currency CTA, IB, CPO, FCM NFA adopted an Interpretive Notice which establishes disclosure requirements for futures commission merchants (FCM), introducing brokers (IB), commodity pool operators (CPO) and commodity trading advisors (CTA) that engage in activities related to virtual currencies or virtual currency derivatives. In order to ensure Members understand their obligations with regard to this Interpretive Notice, NFA held a webinar on Thursday, October 11, 2018.
Exemptions System Easy Reference Guide February 14, 2018 CTA, CPO The following instructions outline how to file electronic exemptions using NFA's Exemptions System.
Investor Advisory December 1, 2017 Virtual Currency FCM, CPO, IB, CTA The purpose of this investor advisory is to remind investors that, just like any other speculative investment, trading futures on virtual currencies, including Bitcoin, have certain benefits and various risks.
Swap Valuation Dispute Notices and SD Risk Data Reports Webinar October 12, 2017 SD Webinar regarding swap valuation dispute notices and monthly swap dealer risk data reports. View the archived webinar.
Swap Dealer Examination Webinar January 19, 2017 Margin SD As part of NFA's continued SD education, NFA held a webinar on Thursday, January 18 to further help SDs understand the examination process, best practices and common deficiencies. View the archived webinar.
NFA Sample Performance Guide March 3, 2016 CTA This guide may be used by firms when they are calculating rates of return and drawdown figures in their Performance Capsule. NFA does not promote one method for determining rates of return. This guide should only be used as one tool when completing your Performance Capsule.
NFA Feedback on 4s Submissions December 9, 2015 4S SD To help non-U.S. swap dealer Members understand the 4s review process and forthcoming NFA feedback, NFA senior staff held an audio conference on December 9, 2015. There was a Q&A session after the presentation.
How to File the Form PR September 30, 2015 CTA This video tutorial (26 min. 22 sec.), intended for Commodity Trading Advisors, explains the filing process for Form PR, which includes the annual CFTC Form CTA-PR and the quarterly NFA Form PR.
How to Avoid Common PQR Filing Deficiencies March 26, 2014 CPO This video tutorial (18 min. 15 sec.), intended for commodity pool operators, summarizes the new PQR filing requirements for CPOs and highlights areas of the filing process where NFA has found deficiencies within NFA's EasyFile System and discusses common deficiencies seen in filings.
The Joint Audit Committee Margins Handbook Update June 17, 2003 This is an addendum to the Margins Handbook, the guide providing the policies for monitoring margin risk exposure established by the exchanges and regulatory organizations that participate in the Joint Audit Committee.
Security Futures: An Introduction to Their Uses and Risks January 1, 2002 Security Futures Products Security futures, which have been authorized by Congress, can be bought and sold for either price risk management or for speculative purposes. For many reasons, security futures may or may not be an appropriate trading vehicle for any given individual. Or they may be appropriate in some circumstances but not others.
Recommendations for Best Practices in Order Entry and Transmission of Exchange-Traded Futures and Options Transactions March 15, 2001 This publication discusses issues associated with order transmission and entry procedures for exchange-traded futures and options and the diligent supervision of the order transmission and order entry process by commodity professionals.
Joint Audit Committee Margin Handbook July 1, 1999 Link to Joint Audit Committees document repository website with the latest margin handbook.
Electronic Trading and Order Routing Systems Disclosure Statement March 1, 1999 CTA, FCM, SD, FDM, IB, CPO Provides guidance on the differences, risks and limitations of liability of the electronic system utilized in the futures industry.