World Stops; CFTC & NFA Compliance March On

With the ongoing concerns surrounding COVID-19, news is moving fast. That means government agencies, businesses, and whole industries are having to respond quickly. As of today (March 26, 2020) the National Futures Association (“NFA”) and Commodity Futures Trading Commission (“CFTC”) have issued several notices.

CTA Performance Reporting and Allocation Variance

NFA audits evaluate many compliance items. An area not often discussed is performance reporting, bunched or blocked orders, and what is or is not acceptable rate of return variance for CTA and CPO registrants. This article discusses these points and Turnkey’s experienece with them over the years.