Notices to Members

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Notice I-22-08

March 2, 2022

NFA encourages Members to monitor U.S. sanctions on Russia and be vigilant of cybersecurity threats

NFA is monitoring the U.S. government's sanctions imposed in response to Russia's invasion of Ukraine and the impact of this activity on the global financial markets. NFA encourages Members to monitor the Department of the Treasury's Office of Foreign Assets Control (OFAC) webpage for more information on current sanctions.

Additionally, the Cybersecurity and Infrastructure Security Agency (CISA) and the Federal Bureau of Investigation (FBI) issued a joint Cybersecurity Advisory describing destructive malware that has been used to target organizations in Ukraine, as well as guidance on detecting cyber threats and protecting networks. While no specific, credible threat to the U.S. currently exists, CISA and the FBI encourage firms to assess and bolster their cybersecurity efforts.

If you have any questions on this Notice, please contact Elizabeth Sheridan, Assistant General Counsel ( or 312-781-1479).

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