CFTC and NFA Compliance: Covid’s “New Audit Normal”

Previously NFA member firms had their annual reviews conducted on-site and in-person, Covid-19 has changed all of that.  For the foreseeable future all outside office reviews, including those of FCMs, IBs, GIBs, CTAs, and CPOs will be conducted remotely via a virtual meeting of some type.

CFTC/NFA – Regulatory Recap – July 2020

It can be difficult to keep track the various regulatory announcements and changes that occur during a month.  To better assist you Turnkey Trading Partners has put together a summary of the various regulatory notices and adjustments which have occurred since our last newsletter.

New NFA Self-Exam; Subtle Changes… BIG Implications

Periodically, NFA updates the Self-Exam Questionnaire, which most recently occurred June 2, 2020.  When these updates are made NFA has the expectation that firms will use the most current version of the Questionnaire.