CFTC announces authorisation of NFA responsibilities

The move comes as part of the CFTC’s mission to delegate more of its routine regulatory functions, a measure encouraged by the Commodity Futures Modernization Act (CFMA), the CFTC said. The authorisation applies to all commodity pool annual financial reports for fiscal years ending December 31, 2002 and later.

“We are better positioned to respond to these changes by authorising NFA to perform such functions, enabling Commission staff to focus on new regulatory issues and making the Commission more efficient in carrying out its regulatory responsibilities,” said CFTC chairman James Newsome.

Previously, the CFTC had allowed the NFA to perform certain regulatory functions that were conducted by Commission staff. Delegated functions included: the processing of applications for registration of intermediaries and floor traders under the Commodity Exchange Act; the processing of notices of eligibility for certain exemptions for CPOs and commodity trading advisers (CTAs); and the review of disclosure documents required to be filed by CPOs and CTAs.

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Smarter trading in a fragmented world

FX Week recently hosted a webinar in partnership with Refinitiv to ask foreign exchange industry leaders to discuss geopolitical challenges, market changes and developments, and evolving technologies, and how they have shaped forex markets in Asia

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here