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Notice I-14-12

May 28, 2014

NFA Board of Directors approves reduction in assessment fees

On May 15, 2014, NFA's Board of Directors approved a reduction in NFA's assessment fees from $.02 per side (futures & options contracts) to $.01 per side. Assuming the proposal is approved by the CFTC, the reduction will become effective on October 1, 2014.

The Board felt, based on recent trends in public trading volume growth, that this fee reduction may be sustainable for a few years. Obviously, the trend in trading volume may change, which could either shorten or lengthen the amount of time that this fee can be maintained.

For additional information please contact NFA's Information Center at (800) 621-3570 or (312) 781-1410 .

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