Nov 20, 2020 CFTC Regulation 4.13(b) requires a person seeking an exemption from registration under Regulation 4.13 to file electronically a notice of the exemption with NFA through its Exemptions System. In June 2020, the CFTC amended this regulation to require that this notice include a representation that neither the person nor any of its principals has in its background a statutory disqualification that would require disclosure under section 8a(2) of the Commodity Exchange Act, if such person sought registration. Beginning, November 19, 2020, a person seeking relief from CPO registration pursuant to CFTC Regulation 4.13(a)(1), 4.13(a)(2), 4.13(a)(3) or 4.13(a)(5) must complete, in NFA’s Exemptions System, a statutory disqualification attestation including this mandated representation. A person that currently has a 4.13 exemption is not required to complete the statutory disqualification attestation until it completes the annual exemption affirmation process in 2021. Any person not completing this attestation will not qualify for the exemption or renewal of the exemption. More information on the annual affirmation process will be distributed in December 2020. For assistance in complying with this shift in regulatory policy, please click here. Not a subscriber to our newsletter? You’re missing out! Sign up and request to receive more information here.