Can NFA take enforcement action against all individuals?
NFA may take disciplinary action against any Member which fails to properly list all of its offices.
Can NFA deny registration?
(b) After a registrant updates its Form 7-R or files a Form 8-R in accordance with paragraph (a) of this Rule, NFA may notify the registrant that the new principal may be disqualified from registration under Sections 8a(2) through 8a(4) of the Act and that the registrant shall be suspended at such time as NFA issues a …
Which of the following is correct regarding NFA Compliance Rule 2 29?
NFA Compliance Rule 2-29 requires Members to submit to NFA for pre-approval certain types of promotional material designed to reach a public audience through mass media. This material must be submitted 10 days prior to first use.
Is a violation of CFTC Part 23 regulations a violation of NFA rules?
(a) Any Swap Dealer or Major Swap Participant Member that violates CFTC Regulation 3.3, the trade execution requirements of CFTC Regulation 37.12, or any requirement under Parts 23 or 50 of the CFTC’s regulations, as applicable, shall be deemed to have violated an NFA Requirement.
Who owns the NFA?
National Futures Association
| Founded | 1982 |
|---|---|
| Headquarters | 300 S. Riverside Plaza, #1800, Chicago, IL 60606-6615 |
| Key people | Thomas W. Sexton, President, CEO Maureen C. Downs, Chairman |
Can NFA bring disciplinary action?
NFA has the authority to take disciplinary actions against any Member or Associate that violates its rules. If an NFA Member or Associate engages in conduct that puts customers, the futures markets, or other Members at risk, immediate action will be taken accordingly.
Are SEF required to be NFA members?
Market Regulation: Designated Contract Markets and Swap Execution Facilities. NFA has provided regulatory services to designated contract markets (DCM) for more than 15 years. In order to provide these services, NFA requires that each DCM or SEF enter into a standardized RSA with NFA.
Does NFA Compliance Rule 2 4 just and equitable principles of trade applies only to swap dealers?
Previously, NFA Compliance Rule 2-4 only applied with respect to futures business. The amended rule now incorporates swaps, and applies to swap dealers and major swap participants and the swaps activities of futures commission merchants, introducing brokers, commodity pool operators and commodity trading advisors.
What NFA stands for?
National Futures Association
National Futures Association (NFA) Definition.
How to write a solicitation letter for financial support?
Solicitation letter for financial support A solicitation letter for financial support would be asking for funds for a noble cause. The letter would indicate the cause of raising the funds. The letter would highlight how providing financial support would be beneficial for the donor as well.
What kind of service does NFA sales offer?
Whether it’s providing friendly, professional service through an estate appraisal, a NFA consultation, or simply talking shop, NFA Sales is eager to help. Once you shop with NFA Sales, you’re as good as family!
What are the NFA rules for member firms?
NFA recognizes that Member firms may use different routine supervision and surveillance processes. For example, some Member firms may implement automated surveillance tools to help review and analyze account activity while others may utilize a periodic manual review process.
What is rule 2-36 of the NFA?
Similarly, NFA Compliance Rule 2-36 (e) places a continuing responsibility on every FDM to diligently supervise its employees and agents in all aspects of their forex activities.