Impact on US traders; European MiFID II 2018 Aug 15, 2017 As of January 1, 2018, CTAs and CPOs will be required to have a Legal Entity Identifier (“LEI”) in order to trade on exchanges withing the European Union (“EU”). This is part of… Read More
CTA/CPO Ratio Accounting Reminder Jul 06, 2017 The following notice was just provided to NFA members regarding the upcoming obligation for Commodity Trading Advisors (“CTA”) and Commodity Pool Operators (“CPO”) to report financial ratios. If you have… Read More
Illinois Financial Services “Privilege” tax? Jun 29, 2017 Turnkey’s very own Scott Kruse recently penned an article about Illinois’ planned financial services tax. His work was picked up and featured at the National Introducing Brokers Association (“NIBA”). We’d… Read More