NIBA Makes Request to CFTC for No-Action Position Apr 17, 2020 NIBA recently published information regarding the CARES act and how its members can navigate the process should they choose to do so. Looking a few steps ahead the natural question became – are there compliance and regulatory considerations for firms that apply for and receive relief?
World Stops; CFTC & NFA Compliance March On Mar 26, 2020 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 Feb 28, 2020 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.