What Is Nfa Regulation
Nfa Is the Industrywide, Self-Regulatory Organization for the U. S. Derivatives Industry. Designated by the Cftc as a Registered Futures Association, Nfa...
NFA is the industrywide, self-regulatory organization for the U.S. derivatives industry. Designated by the CFTC as a registered futures association, NFA strives every day to safeguard the integrity of the derivatives markets, protect investors and ensure Members meet their regulatory responsibilities.
What is the difference between CFTC and NFA?
When Congress created the CFTC, it simultaneously authorized the CFTC to establish registered futures associations with authority to regulate the practices of its Members. NFA is the sole registered futures association. … NFA works very closely with the CFTC in all of its activities.
Who needs to be NFA members?
All registered FCMs, RFEDs, IBs, SDs, MSPs, CPOs and those registered CTAs who direct client accounts or provide tailored investment advice must be NFA Members. CFTC registered APs of NFA Members must be NFA Associate Members.
James Sterling reports on renewable energy developments, climate policy, ecological conservation, and green tech innovations around the globe.
