New Form PR Quarterly Filing Requirement Now in Effect for CTAs

more+
less-
more+
less-

On September 16, 2013, the National Futures Association (NFA) issued a notice on the new quarterly filing requirements for commodity trading advisers (CTAs). Previously, under Commodity Futures Trading Commission (CFTC) Regulation 4.27, CTAs were required to file a Form PR only on an annual basis within 45 days of each calendar year end. However, earlier this year, the CFTC approved an NFA proposal to amend NFA Compliance Rule 2-46 to require quarterly reporting on Form PR. The quarterly filing requirement goes into effect for the quarter ending September 30, 2013 with the first filing of the quarterly Form PR due on November 14, 2013.

Additional information is available here.

 

Topics:  CFTC, CTA, Filing Requirements, NFA

Published In: Finance & Banking Updates, Securities Updates

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Foley Hoag LLP | Attorney Advertising

Don't miss a thing! Build a custom news brief:

Read fresh new writing on compliance, cybersecurity, Dodd-Frank, whistleblowers, social media, hiring & firing, patent reform, the NLRB, Obamacare, the SEC…

…or whatever matters the most to you. Follow authors, firms, and topics on JD Supra.

Create your news brief now - it's free and easy »