Registration « CFTC LAW

Registration Overview for Forex IB, CTA and CPO Applicants

Felix Shipkevich - February 28, 2010

As part of the reauthorization of the Commodity Futures Trading Commission (CFTC) in May 2008, Congress amended the Commodity Exchange Act to require forex solicitors, account managers and pool operators to register with the CFTC as Introducing Brokers (IBs), Commodity Trading Advisors (CTAs) or Commodity Pool Operators (CPOs) and become Members of National Futures Association.
The [...]

684Comments (0)2010-03-01+01%3A56%3A52Felix+Shipkevich Listed in: CPO Registration, CTA Registration, FCM Registration, IB Registration, Registration

Members must retain a registered Principal over whom NFA has jurisdiction

Felix Shipkevich - June 9, 2009

Failure to retain at least one Principal registered as an “associated person” will henceforth be regarded by the NFA as a request to withdraw from NFA membership, unless membership is in the contract market category.

42Comments (0)2009-06-09+15%3A52%3A35Felix+Shipkevich Listed in: FCM Registration, NFA Amendments, NFA Regulations

Articles of Incorporation amended to “provide NFA with additional flexibility regarding FCM representation” on its Board

Felix Shipkevich - May 18, 2009

Effective May 18, the NFA’s Articles of Incorporation will mandate that the FCM Nominating Committee fill the NFA’s eight FCM dedicated Board seats by drawing two representatives from top ten ranked FCMs, two from non-top ten FCMS, and four at large.

37Comments (1)2009-05-19+04%3A40%3A48Felix+Shipkevich Listed in: FCM Registration, NFA Regulations