NFA to Talk Directly to Futures & Commodities Community On Tuesday March 2 the National Futures Association (“NFA”) is hosting a regulatory seminar for members of the commodity and futures markets.  The seminar will focus on a number of important issues including the following: Overview and Discussion of Regulatory Changes [...]

Leverage, Inaccessibility for Smaller Traders, and Offshore Threat are Focus of Public Comments As we’ve discussed in related posts, the CFTC has proposed rules regulating the off-exchange spot forex industry (see Retail FOREX Registration Regulations Proposed).  The CFTC has requested comments from the public and there are currently about 100 public comments [...]

Information on Filing Annual Report with NFA Commodity Pool Operators (“CPOs”) are required to distribute an Annual Report, certified by an independent public accountant, to each participant in each pool it operates (i.e. the investors in the commodity/futures hedge fund) within 90 days after the pool’s fiscal year-end (normally December 31). [...]

Series 63, Series 65 and Series 66 Changed as of January 1, 2010 In an earlier post, we discussed that the passing grades for the Series 65 and 66 have increased.  Below is further information from the Securities Training Corporation on the changes to the securities exams in 2010. **** [...]

(www.hedgefundlawblog.com) State registered investment advisory firms usually have annual compliance requirements.  The following discusses the major issues for investment advisors (both hedge fund and separately managed account managers) who are registered in California.  In general, there is (i) an annual updating requirement and (ii) an annual financial filing requirement. Annual [...]

As we discussed in an earlier post on NFA Annual Questionnaire, NFA Member Firms are required to complete the questionnaire on an annual basis.  The information helps the NFA in a variety of ways and the NFA encourages members to update their questionnaire on a regular basis, although firms are only [...]

Panel to Focus on Operational & Fundraising Issues On Thursday February 11, 2010 Conifer Securities will host a panel discussion at the The City Club of San Francisco starting at 3pm.  For more information, please see the flyer on the Conifer website.  I’ve also posted more information on this event [...]

Easy Step by Step Guide for NFA Member Firms NFA Member Firms are all required to complete a yearly self-examination checklist to ensure that the Member Firm is complying with all the NFA Rules (as well as the CFTC Regulations and other applicable laws).  The NFA has provided some resources [...]

The following are various hedge fund events happening this month.  Please email us if you would like us to add your event to this list. **** February 1-2 Sponsor: Financial Research Associates Event: Investment Advisor Compliance and Hedge Fund Regulation and Compliance Location: New York, NY February 2 Sponsor: Eze Castle [...]

Audience Reacts Positively to James Allen Smith’s Documentary on Chicago Floor Trading On Thursday evening at the Roxie Theatre in San Francisco, the professional women’s organization 100 Women in Hedge Funds sponsored the showing of Floored, a documentary by ex-floor trader James Allen Smith that offers a peek inside the lives, [...]