Notices to Members2021 | 2020 | 2019 | 2018 | 2017 | Show more years
March 01, 2002
Reduction of Assessment Fees
Citing unprecedented growth in public trading volume, NFA's Board of Directors on February 21, 2002, has approved a reduction in NFA's assessment fees to $.10 per round-turn futures contract and $.05 per options contract, the lowest level in NFA's history. The decrease is the third assessment fee reduction in nine months, resulting in a 45 percent decrease since July 2001.
The new fee schedule will become effective on April 1, 2002, unless the CFTC notifies NFA that it intends to review the changes to the assessment fees. Members will receive further notification only if the changes do not become effective on April 1, 2002. Assessment fee levels for mini-contracts will remain at $.04 per round-turn futures contract and $.02 per options transaction.
If you have any questions, you may wish to refer to the Interpretive Notice on Page 9029 in your NFA Manual, which answers frequently asked questions about the assessment fees. Or you may visit NFA's web site at www.nfa.futures.org or contact NFA's Information Center at (312)781-1410.