Proper Accounting and Valuation at IB’s; Swap Firms Essential Aug 27, 2022 Over the last several months, National Futures Association (“NFA”) has filed complaints against member firms for improper accounting practices. Turnkey wanted to emphasize the importance of ensuring that all accounting… Read More
IB, FCM, Precedent Setting CFTC Case? Jul 28, 2022 By: Turnkey Trading Partners On July 19, 2022 the Commodity Futures Trading Commission (“CFTC”) and CME Group (“CME”) issued a potential precedent setting order. Within the order they settled charges… Read More
Reminder: NFA Third Party Service Provider Requirements Jul 17, 2022 Turnkey wanted to do an annual reminder for its customers about NFA’s Third-Party Service Provider (“TPSP”) policies and procedures requirement. The current TPSP obligation includes complex obligations of firms with… Read More