Notices to Members2017 | 2016 | 2015 | 2014 | 2013 | Show more years
March 28, 2007
Effective Date of Amendment to NFA Compliance Rule 2-10: Recordkeeping
NFA has received notice that the Commodity Futures Trading Commission has approved an amendment to NFA Compliance Rule 2-10. This amendment, which applies only to FCMs, will become effective on July 1, 2007.
NFA Compliance Rule 2-10(b) currently requires FCMs to maintain a U.S. or Part 30 office (if the firm is subject to regulation in the Part 30 jurisdiction) responsible for preparing and maintaining its books and records. The amendment will require it to be under the supervision of a listed principal and registered associated person resident in that office.
NFA's February 26, 2007 submission letter to the CFTC contains a more detailed explanation of the changes and includes a copy of Section 2-10(b) with the changes marked. You can access an electronic copy of the submission letter at National Futures Association | News Center.
Questions concerning these requirements should be directed to Sharon Pendleton, Director, Compliance, at email@example.com or (312) 658-6540.