Proposed Rule2017 | 2016 | 2015 | 2014 | 2013 | Show more years
Explanation of Proposals
NFA Financial Requirements ("Requirements") spell out the minimum financial, reporting, and early warning requirements for FCMs and IBs. Most of the Requirements were adopted from CFTC Regulations 1.10, 1.12, 1.16, 1.17 and 1.20 through 1.30. To simplify NFA's rulebook and eliminate the need to amend the Requirements whenever the Commission amends its rules, the Requirements have been amended to incorporate the relevant CFTC rules by reference. These amendments include the deletion of Schedules A through E of the Requirements, as these Schedules were nearly identical to a large portion of CFTC Regulation 1.17.