CFTC Provides Registration Waivers for Series 3 and Fingerprint Cards

The Commodity Futures Trading Commission’s Division of Swap Dealer and Intermediary Oversight (DSIO) today announced that, in response to the COVID-19 (coronavirus) pandemic, it has issued additional targeted no-action relief to registrants listing new principals and to applicants for registration as associated persons (APs) from the requirement to submit a fingerprint card for any such principal or AP registration applicant.

NIBA Makes Request to CFTC for No-Action Position

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?