Posts tagged as:

Forex CTA

CTA and CPO Registration and Compliance Guide

October 15, 2009

Practical guidance for CTA and CPO firms
Commodity Trading Advisors (CTAs) and Commodity Pool Operators (CPOs) have been contacting me with greater regularity and we have decided to provide those firms with more detailed information on their registration and compliance requirements. Over the course of the next few weeks we will be continually updating [...]

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Discussion with CFTC Regarding Forex Registration

April 10, 2009

[http://www.hedgefundlawblog.com]
No New Information on Forex Regulations
I have been getting more and more questions regarding forex registration and unfortunately I have not had much to say because there has been little information coming from the CFTC.  The NFA has done a good job of anticipating what those rules will generally look like, but the NFA (like [...]

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NFA Fingerprint Cards

February 5, 2009

Information on Requesting and Submitting NFA Fingerprint Cards
Those persons who are registering with the CFTC in any capacity (Associated Person of a CPO, CTA, IB) will need to submit fingerprint cards to the NFA prior to their registration being effective. It is also likely that the new forex registration rules will require fingerprint cards from [...]

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Annual Reminder for CPOs and CTAs

January 20, 2009

Commodity Firms Need to Complete Annual Regulatory Information

The NFA recently released a regulatory reminder to firms which are registered as commodity pool operators and/or commodity trading advisors.  The reminder reminds CPOs and CTAs that there are certain annual regulatory items which a firm must complete in order to remain in good standing with the NFA.  [...]

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Forex Managers and Managed Forex Funds

December 10, 2008

Many forex managers use a product called a managed forex fund, which is the equivalent to a mutual fund hedge fund.  In a “managed forex fund,” the manager will invest the assets under the POA with the forex dealer member in the managed fund.  The a trader or traders for the forex dealer member will [...]

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NFA Continues to Pursue Forex Regulation for Current Forex Dealer Members

December 5, 2008

Two new releases indicate that the NFA is serious about regulating the off-exchange foreign currency markets
On our sister website, www.forexlawblog.com, we have detailed the continued regulatory actions by the NFA with regard to the current regulation of the off-exchange forex markets.  The two notices, described in further detail below, apply to Forex Dealer Member and [...]

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CPOs and CTAs have Until November 30 to update Disclosure Documents if they trade Forex

November 12, 2008

As we announced earlier, the NFA promulgated rules which were approved by the CFTC which gave the NFA jurisdiction over retail off-exchange foreign exchange trading by its member firms.  What this essentially means is that if:
(i) you are currently a NFA member (e.g. you have a commodity/ futures pool or direct commodity/ futures accounts) and
(ii) [...]

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Submitting Forex Disclosure Documents to the NFA

November 3, 2008

As we have mentioned before the CFTC and the NFA have not released the information regarding the forex registration requirements, but in the interest of preparing forex managers for the coming registration, we are providing an overview of the likely requirements and the process to become a fully compliant Forex CPO or Forex CTA.  Pursuant [...]

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Forex Disclosure Documents Overview Part I

October 30, 2008

(www.hedgefundlawblog.com)
Article by Bart Mallon (www.forexregistration.com)
This is part one of a two part discussion.  This article will provide an overview of the likely requirements for Forex Disclosure Documents.  The items in this Forex Disclosure Document Overview are based on the items discussed in “Disclosure Documents – A Guide for CPOs and CPAs” provided by the NFA [...]

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