Notices to Members

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Notice I-16-20

September 27, 2016

Minor change to the CPO Form PQR and an important compliance reminder to CPOs and CTAs about late fees for NFA Forms PQR and PR

Based on feedback and questions NFA received from CPO Members, NFA has made a minor change to the CPO Form PQR. Access the PDF detailing this change which will become effective for the quarter ending September 30, 2016. The updated Form PQR will be available in the EasyFile system by October 7, 2016, along with an updated PQR template with expanded help text. For CPO PQR XML filers, an updated schema is also available for upload in the XML Documentation section of EasyFile. Please note that since the schema files have changed, CPO Members will need to update the system that is used to generate XML documents because certain box numbers have been added. NFA recommends that XML filers forward this Notice to the firm's technical team. There are no changes to the CTA Form PR.

As a reminder, the CFTC late last year issued frequently asked questions regarding CPO Form PQR instructing CPOs to calculate and enter monthly rates of return for each pool in Schedule A Part 2, Question 11. Please be aware that failing to enter a value in each month of the quarter will generate an error and prevent CPOs from filing the CPO Form PQR until the error is addressed.

Also, NFA recently amended NFA Compliance Rule 2-46 to impose a $200 late fee on CPO and CTA Members for each business day the Member files its quarterly NFA Form PQR or PR after the due date. The late fee is effective beginning with reports dated September 30, 2016 and later. See Notice I-16-16 for more information.

Questions concerning these reporting requirements should be directed to Tracey Hunt, Associate Director, Compliance ( or 312-781-1284) or Mary McHenry, Associate Director, Compliance ( or 312-781-1420).

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