NFA Makes Changes to CPO Form PQR and CTA Form PR

The National Futures Association issued Notice I-14-13 advising of changes to CPO Form PQR and CTA Form PR that will be effective for the quarter ended June 30, 2014.  The Notice explains the changes “will simplify and make less burdensome the Forms’ questions relating to NFA’s request for information relating to any funds under management allocated to futures and swaps.”   The Notice provides brief descriptions of the changes.  The updated Forms will be available in the Easy File System the first week of July 2014 along with the updated PQR and PR templates with expanded help text.

IRS Circular 230 Disclosure: To ensure compliance with requirements imposed by the IRS, we inform you that any U.S. tax advice contained in this informational piece (including any attachments) is not intended or written to be used, and may not be used, for the purpose of (i) avoiding penalties under the Internal Revenue Code or (ii) promoting, marketing or recommending to another party any transaction or matter addressed herein.

 

 

Topics:  Commodities, Commodity Broker, Commodity Pool, Form PQR, Form PR, National Futures Association, 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.

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