Proposed Rule2018 | 2017 | 2016 | 2015 | 2014 | Show more years
Additions are underscored, deletions are [bracketed] and amendments pending CFTC approval are italicized:
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PART 200. REGISTRATION REQUIREMENTS AND PROCEDURES
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RULE 201. REGISTRATION REQUIREMENTS AND PROCEDURES.
NFA shall perform registration functions in accordance with the provisions set forth in these Rules for persons other than floor brokers, floor traders, agricultural trade option merchants ("ATM") and their principals, and ATM APs for whom it has been granted registration responsibilities pursuant to Section 8a(10) or Section 17(o) of the Act. Except as provided below, NFA shall perform registration functions with respect to persons required to register under the Act as floor brokers and floor traders and persons required to register as ATMs and their principals and ATM APs in accordance with all of the Regulations governing the registration of floor brokers, floor traders, ATMs and their principals, and ATM APs contained in Part 3 of the Commission's Regulations. Rule 203 of these Rules shall govern the registration fees for floor brokers, floor traders, ATMs and their principals, and ATM APs. Rule 303 shall govern the issuance and termination of temporary licenses to floor brokers and floor traders. Part 500 of these Rules shall govern adverse registration proceedings involving floor brokers, [or] floor traders, ATMs and their principals, and ATM APs. Part 700 of these Rules shall govern access to and certification of registration records maintained by NFA regarding floor brokers, floor traders, ATMs and their principals, and ATM APs.
PART 500. PROCEEDINGS TO DENY, CONDITION, SUSPEND, RESTRICT, AND REVOKE REGISTRATION
RULE 501. AUTHORITY TO DENY, CONDITION, SUSPEND, RESTRICT AND REVOKE REGISTRATION.
(13) Registration of Futures Commission Merchants, Introducing Brokers, Commodity Pool Operators, Commodity Trading Advisors, Leverage Transaction Merchants, Agricultural Trade Option Merchants and Associated Persons. NFA may refuse to register or register conditionally any person registered or applying for registration as an FCM, IB, CPO, CTA, LTM, ATM or as an AP of any of the foregoing, or suspend, restrict or revoke the registration of any registrant in those categories based upon the standards of fitness set forth in the Act. Interim Orders and Final Orders denying, revoking, conditioning, suspending or restricting registration shall be made by the Membership Committee or a designated Subcommittee in accordance with the procedures set forth in Part 500 of these Rules. Such designated Subcommittee shall consist of three members of the Membership Committee. In cases submitted by the President to the Membership Committee or a designated Subcommittee, registration shall not be granted pending a final determination by the Membership Committee or a designated Subcommittee. No member of the Membership Committee or a designated Subcommittee shall either review a registration matter or participate in a registration action if the member, or any person with whom the member is connected, has a financial, personal or other direct interest in the matter under consideration.