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Tuesday, August 31, 2021 - Amended Financial Requirement Section 18 - Swap Dealer and Major Swap Participant Financial Requirements. An explanation of the amended financial requirement can be found in the August 31, 2021 rule submission letter.
SECTION 10. LATE FINANCIAL REPORTS AND OTHER FILINGS.
[Adopted Effective July 1, 2003. Effective dates of amendments: October 18, 2010; December 2, 2013; December 2, 2013 and October 6, 2021.]
Each financial report or other filing required by Section 1, 5, 6, 11, 17 or 18 that is filed after it is due shall be accompanied by a fee of $1,000 for each business day it is late. Payment and acceptance of the fee does not preclude NFA from filing a disciplinary action under the Compliance Rules for failure to comply with the deadlines imposed by NFA Financial Requirements or CFTC rules.